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what it is
Green Dot powers prepaid cards, digital banking, and payment tools for consumers and partner companies through its fintech platform and bank.
how it gets paid
Recent full-year revenue in this feed is about $2.1B (rounded from ~$2.08B), versus the older ~$1.7B segment bridge in the product cards—both are snapshots of the same business at different cuts.
what just happened
The last reported quarter landed at -$0.56 per share, a reminder that Green Dot's earnings still swing hard.
At a glance
B balance sheet — gets the job done, barely
25/100 earnings predictability — expect surprises
1.0% return on capital — nothing to write home about
-$0.50 fy2024 eps est
~$2.1B FY revenue (feed) · ties to net-loss math below
xvary composite: 39/100 — weak
What they do
Green Dot powers prepaid cards, digital banking, and payment tools for consumers and partner companies through its fintech platform and bank.
Green Dot wins by being both a fintech platform and a bank holding company. That means partners can get banking and payments from one provider instead of stitching together several. With 1,150 employees and Green Dot Bank inside the system, your partner app can launch faster, and leaving gets operationally painful.
How they make money
$2.08B
annual revenue (FY in feed — aligns with ~$98.9M net loss / ~-4.8% net margin)
total revenue
$2.08B
n/a
The products that matter
embedded banking platform
Banking-as-a-Service (BaaS)
~$1.46B · scaled to ~$2.08B total
segment dollars here are rescaled from the ~$1.2B / ~$1.7B bridge so they sum to the $2.08B consolidated total—mix still pressured margins per the narrative.
growth engine
consumer deposit and banking products
Consumer & Small Business Banking
~$620M · profit pressure
rescaled consumer / small-business line (~$514M on the old ~$1.7B base). lower revenue and higher expenses still hurt margins in a company posting a full-year net loss.
under pressure
Key numbers
-$0.50
2024 EPS
EPS → profit per share → so what: Green Dot went from making $0.13 a share in 2023 to losing about $0.50 in 2024, which is why the stock trades like a special situation, not a steady earner.
4.8%
operating margin
Operating margin → profit left after running the business → so what: on every $100 of revenue, only about $4.80 made it through operations.
1.0%
return on capital
Return on capital → profit earned on the money tied up in the business → so what: this is a weak return for a company asking you to trust a turnaround.
$65M
long-term debt
Long-term debt → borrowings due beyond one year → so what: debt is only 10% of capital, so leverage is not the main problem here.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 4 — safer than 20% of stocks
- price stability 15 / 100
- long-term debt $65M (10% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for GDOT right now.
source: institutional data · return history unavailable
What just happened
missed estimates
The last reported quarter landed at -$0.56 per share, a reminder that Green Dot's earnings still swing hard.
2024 quarterly EPS swung ($0.09, -$0.53, -$0.15, $0.09)—unstable profitability quarter to quarter. Full-year revenue in this feed is about $2.08B with a ~$98.9M net loss; do not trust a single-quarter revenue growth % without checking the comp.
~$425M
rev (q)
-$0.56
eps (q)
4.8%
op margin (FY · co.)
the number that mattered
The number that matters is -$0.50 for full-year 2024 EPS, because it tells you Green Dot lost money over the year even before you start dreaming about deal upside.
source: Yahoo Finance consensus and, 2024-2025
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What could go wrong
the #1 risk is the $585M takeout breaking or dragging out, because the stand-alone business still lost $98.9M last year.
med
buyout closing risk
The pending acquisition values the company at roughly $585M, and a fairness investigation is already hanging over the process.
If the deal slips or breaks, investors are back to valuing a company that lost $98.9M on $2.08B of revenue.
med
persistent unprofitability
Green Dot generated $2.08B of revenue on the same full-year basis as the bridge above and still posted a $98.9M net loss—do not mix this FY window with a different calendar label without reconciling the filing.
A -4.8% net margin leaves little room for execution misses, pricing pressure, or weaker partner volume.
med
BaaS margin mix pressure
The $1.2B BaaS segment grew 21%, but management said margins declined slightly because of revenue mix.
That is the catch with growth here: more revenue does not help much if each incremental dollar earns less.
med
consumer banking deterioration
The $514M consumer and small business banking segment saw lower revenue and higher expenses.
If the older business keeps weakening, the faster-growing side has to do more work just to keep consolidated results from slipping.
If the deal fails, the market is back to the core math: $2.08B of revenue, a $98.9M loss, and no clear moat.
source: institutional data · regulatory filings · risk analysis
Pay attention to
calendar
march 12 earnings release
The report follows a recent delay, which matters more when the last quarter missed estimates by 115%.
deal risk
buyout timeline and fairness review
Any change in timing, process, or shareholder challenge matters because the $585M transaction is the main near-term anchor for the stock.
trend
BaaS growth versus BaaS margin
The segment grew to $1.2B, but mix hurt margins. You want to see whether the next leg of growth is profitable growth.
metric
consumer banking revenue line
This segment produced $514M and already saw lower revenue and higher expenses. Another weak print makes the stand-alone story thinner.
Analyst rankings
earnings predictability
25 / 100
in human-speak, analysts think this one is hard to model and easy to get wrong.
balance sheet
B
adequate finances. not a fortress, but not the part of the story that looks broken.
risk rank
4
this sits on the riskier side of the spectrum. the weak price stability score of 15/100 backs that up.
source: institutional data
Institutional activity
institutional ownership data for GDOT is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$13
current price
n/a
target midpoint · n/a from current
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