Highest-materiality recent filing
Green Dot shareholders approve acquisition by CommerceOne; expected close Q3 2026
Green Dot shareholders: >99% of shares voted approved the transaction; ~72% of outstanding shares present at meeting.
Green Dot Provides Supplemental Disclosures Amid Litigation Over Pending Merger with CommerceOne
Three lawsuits filed in New York Supreme Court: Phillips v. Green Dot (May 27, 2026), Richardson v. Green Dot (May 28, 2026), Zaccagnino v. Brewster (June 8, 2026).
GAAP net income $53.8M, diluted EPS $0.93 vs $0.47 YoY (109% increase).
Green Dot Q4 2025 revenue up 15% but net loss of $46.8M; adjusted EBITDA down 68% YoY
Revenue $522.6M (+15% YoY); net loss $46.8M vs income $5.1M prior year.
Per Green Dot share: $8.11 cash plus 0.2215 shares of New CommerceOne common stock.
Green Dot to sell non-bank assets to Smith Ventures for $690M, merge bank with CommerceOne
Each GDOT share exchanged for $8.11 cash + 0.2215 shares of new bank holding co.; implied value $14.23–$19.18/share.
Green Dot Q3 revenue up 21% to $494.8M but GAAP loss widens; raises 2025 guidance
Total operating revenues $494.8M, +21% YoY; raised full-year 2025 guidance citing BaaS momentum.
Green Dot to exit China operations by end of 2025, cutting ~240 jobs (22% of workforce)
Plan affects up to 240 employees (~22% of global workforce); closure of certain China facilities.
Green Dot Q2 revenue up 24%, non-GAAP EPS up 60%; raises 2025 guidance
Q2 GAAP total operating revenues $504.2M, up 24% YoY; GAAP net loss $47.0M ($0.85 loss per share) vs. $28.7M loss a year ago.
Green Dot Q1 revenue up 24% to $559M, net income soars 443%; raises 2025 outlook
GAAP net income of $25.8M ($0.47 diluted EPS) vs $4.8M ($0.09) a year ago; non-GAAP EPS $1.06, up 80%.
Green Dot extends Walmart MoneyCard agreement through 2033; pays $70M incentive to RNBW
Program Agreement initial term extended to Jan 31, 2033; auto-renews to Jan 31, 2034 unless notice of non-renewal 180 days prior.
Board engages Citi to explore strategic alternatives; no assurances on outcome or timing.
Green Dot Q4 revenue $455M (+24% YoY); GAAP net income $5.1M vs loss; Adj EBITDA $43.8M (+70%)
Q4 total operating revenues $455M, up 24% YoY; GAAP net income $5.1M ($0.09 diluted EPS) vs net loss of $23.6M in prior year.
Green Dot Q3 revenue up 16% to $409.7M; GAAP net loss $7.8M, adjusted EBITDA up 19%
GAAP net loss of $7.8M ($0.15 diluted EPS) vs net loss of $6.3M a year ago; loss widened 25%.
Green Dot closes private placement of $45M in 8.75% senior notes due 2029
$45M aggregate principal of 8.75% Fixed Rate Senior Notes due 2029 issued.
Green Dot Q2 revenues up 11% to $407M; posts GAAP net loss of $28.7M
GAAP net loss $28.7M, diluted EPS loss $0.54 vs prior year income $0.01.
Green Dot hit with Fed consent order, $44M civil penalty over compliance failures
Federal Reserve consent order addresses consumer compliance and AML deficiencies at Green Dot Bank and Corporation.
Green Dot Q1 revenue up 9% to $452M; GAAP net income plummets 87% to $4.75M
Q1 total operating revenues $451.99M, +9% YoY; GAAP net income $4.75M, -87% vs $36.01M.
Green Dot Q4 net loss $23.6M; Fed consent order accrual $20M; revenue up 7%
Q4 total operating revenues $366.0M, up 7% YoY; net loss $23.6M vs net income $5.9M in Q4 2022.
Green Dot posts Q3 net loss of $6.3M, revenues up 3% YoY; non-GAAP EPS down 68%
Total operating revenues $353M, up 3% YoY; net loss of $6.3M vs net income of $4.7M.
Green Dot Reports Q2 2023 Results with Net Income Down 96% to $0.6M
Total operating revenues of $365.9 million, up 1% year-over-year.
Green Dot reports Q1 revenue up 4% to $416M, net income down 7%; reaffirms 2023 guidance
GAAP total operating revenues $416.4M, up 4% YoY; net income $36.0M, down 7%.
Green Dot Q4 revenue $342.4M, net income $5.9M; FY EPS $1.19 up 40% YoY
Q4 2022 total operating revenues $342.4M, up 4% YoY; net income $5.9M vs loss of $10.5M in Q4 2021.
Green Dot Q3 GAAP revenue $343.7M (+1% YoY); EPS $0.09 (-31%); appoints new CRO, CFO, COO
GAAP revenue $343.7M (+1% YoY); net income $4.7M (-36%); diluted EPS $0.09 (-31%).
Green Dot appoints Jess Unruh as CFO, Teresa Watkins as COO, Chris Ruppel as Chief Revenue Officer
George Gresham steps down from CFO/COO roles but remains CEO, effective Nov 8, 2022.
George Gresham appointed CEO and President effective Oct 14, 2022, replacing Dan R. Henry who was terminated and resigned from the board.
Green Dot Q2 2022 GAAP EPS $0.27, revenue $362.8M; non-GAAP EPS $0.74 up 9% YoY, raises guidance
GAAP revenue $362.8M (down 2% YoY); net income $15.0M (down 40%); diluted EPS $0.27 (down 40%).
Green Dot settles Republic Bank litigation for additional $13M payment
Settled litigation with Republic Bank & Trust Company over terminated Sale Transaction.
Green Dot Q1 beats; raises 2022 guidance, initiates $25M buyback
GAAP revenue $400.6M (+2% YoY); GAAP EPS $0.70 (+52% YoY).
Green Dot appoints Starboard Value's Peter Feld to board of directors
Peter Feld appointed to the board effective March 11, 2022; he is Managing Member and Head of Research at Starboard Value LP.
Green Dot Q4 revenue up 16% to $330.8M; GAAP net loss narrows to $10.5M from $24M
GAAP revenue $330.8M (+16% YoY); GAAP net loss $10.5M vs $24.0M loss.
Green Dot beats Q3 expectations with 17% revenue growth; raises 2021 guidance
Q3 GAAP revenue $339.5M (+17% YoY); GAAP net income $7.3M vs prior-year loss of $3.0M.
In connection with his promotion to interim President of the Company and interim Chief Executive Officer and President of the Bank, the Committee increased his previously-approved annual base salary from $485,000 to $550,000
Chris Ruppel as interim President of Green Dot and interim Chief Executive Officer and President of Green Dot Bank
On the same date, George Gresham ceased serving as President and Chief Executive Officer of the Company and the Bank and as a member of the Board.
appointed William I Jacobs as interim Chief Executive Officer of Green Dot
On March 25, 2024, the Board of Directors (the “Board”) of Green Dot Corporation (the “Company”) announced the appointment of Robert Millard to serve as a member of the Board and as a member of the Risk Committee and Audit Committee of the Board, effective immediately.
On December 6, 2023, Rajeev V. Date, a member of the Board of Directors (the “Board”) of Green Dot Corporation (the “Company”) and a member of the Nominating and Corporate Governance Committee and Risk Committee notified the Board that he was resigning from the Board effective December 31, 2023.
On October 6, 2023, the Company announced the appointment of Michelleta Razon to serve as a member of the Board and as a member of the Risk Committee of the Board, effective immediately.
On October 4, 2023, Peter Feld, a member of the Board of Directors (the “Board”) of Green Dot Corporation (the “Company”) and a member of the Compensation Committee and Risk Committee notified the Board that he was resigning from the Board, the Compensation Committee and the Risk Committee effective October 5, 2023. Mr. Feld’s resignation was not the result of any disagreement with the Company
On July 17, 2023, Jeffrey Osher, a member of the Board of Directors (the “Board”) of Green Dot Corporation (the “Company”) and a member of the Audit Committee and Nominating and Corporate Governance Committee notified the Board that he was resigning from the Board, the Audit Committee and the Nominating and Corporate Governance Committee effective July 31, 2023.
On November 9, 2022, Green Dot Corporation (the “Company”) announced the appointment of Jess Unruh as its Chief Financial Officer and Teresa Watkins as its Chief Operations Officer, each effective as of November 8, 2022.
Concurrently with these appointments, George Gresham, the Company’s President and Chief Executive Officer, stepped down from his other roles as Chief Financial Officer and Chief Operating Officer.
On November 9, 2022, Green Dot Corporation (the “Company”) announced the appointment of Jess Unruh as its Chief Financial Officer and Teresa Watkins as its Chief Operations Officer, each effective as of November 8, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings