CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks. Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
Open platformOpen platform

Green Dot Q3 adjusted EPS misses analyst expectations

By Reuters News


Overview

  • US fintech and bank holding firm's Q3 operating revenue rose 21% yr/yr

  • Adjusted EPS for Q3 missed analyst expectations

  • Adjusted EBITDA for Q3 slightly beat analyst expectations


Outlook

  • Green Dot is not providing 2026 financial guidance due to pending acquisition by Smith Ventures and CommerceOne

  • Green Dot expects continued revenue and deposit growth from upcoming product launches and partnerships

  • Company plans new Financial Service Center partner launches in 2026 to offset retail headwinds


Result Drivers

  • COST CONTROL - Co said effective cost control across divisions contributed to results

  • BAAS GROWTH - Revenue growth led by a significant BaaS partner and broader BaaS portfolio expansion

  • TAX BUSINESS - Year-to-date tax business revenue up on market share gains and launch of new franchise partner


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Operating Revenue

$601.09 mln

Q3 Adjusted EPS

Miss

$0.05

$0.10 (3 Analysts)

Q3 Loss Per Share

$0.13

Q3 Adjusted Net Income

Miss

$3.10 mln

$5.74 mln (3 Analysts)

Q3 Net Loss

$7.39 mln

Q3 Adjusted EBITDA

Slight Beat*

$25.76 mln

$25.66 mln (3 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the consumer lending peer group is "buy."

  • Wall Street's median 12-month price target for Green Dot Corporation is $16.13, about 31.7% above its November 6 closing price of $12.24

  • The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago


Reuters Recommended Reads

  • Nov 9 - PNC to offer stablecoin payments to clients in Coinbase partnership

  • Nov 9 - LoanDepot Q3 sales misses estimates on lower volumes

  • Nov 8 - How a digital bank’s collapse toppled Paraguay’s president


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.