Green Dot

OverviewSuggest Edit

Green Dot Corporation is a  financial technology company providing prepaid debit cards and cash reload processing services. It offers cards that are used like common debit or credit cards but not backed by a checking account or a credit line. The company has no offline branches and distributes the services through a mobile app, retailers, tax preparation offices, etc.

TypePublic
Founded1999
HQPasadena, USMap
Websitegreendot.com
Employee Ratings3.8More
View Jobs (17)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)1,200(+10%)
Job Openings17
Revenue (FY, 2019)$1.1 B(+7%)
Share Price (May 2020)$37.9

Key People/Management at Green Dot

Dan Henry

Dan Henry

CEO & President
Jess Unruh

Jess Unruh

Interim Chief Financial Officer
Rob Strub

Rob Strub

Chief Operating Officer
John Ricci

John Ricci

General Council
Kuan Archer

Kuan Archer

Chief Technology & Product Development Officer
Jason Bibelheimer

Jason Bibelheimer

Chief Human Resources Officer
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Green Dot Office Locations

Green Dot has an office in Pasadena
Pasadena, US (HQ)
3465 E Foothill Blvd
Pasadena, US
3465 E Foothill Blvd
Show all (2)

Green Dot Financials and Metrics

Green Dot Revenue

Green Dot's revenue was reported to be $1.11 b in FY, 2019
USD

Revenue (Q1, 2020)

362.2m

Net income (Q1, 2020)

46.8m

EBIT (Q1, 2020)

58.8m

Market capitalization (22-May-2020)

2.0b

Closing stock price (22-May-2020)

37.9

Cash (31-Mar-2020)

1.6b

EV

575.8m
Green Dot's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

573.6m601.6m694.7m718.8m890.2m1.0b1.1b

Revenue growth, %

5%5%15%3%24%17%

Sales and marketing expense

230.4m249.1m280.6m326.3m386.8m

General and administrative expense

134.6m139.4m155.6m206.0m199.8m
Quarterly
USDQ4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

573.6m159.3m147.0m144.7m227.2m170.2m146.4m228.0m173.5m154.5m253.0m222.5m201.6m315.0m258.3m230.6m340.5m278.3m240.4m362.2m

Cost of goods sold

46.1m

Gross profit

527.5m

Gross profit Margin, %

92%
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Annual
USDFY, 2011Y, 2011FY, 2012Y, 2012Y, 2013Y, 2014FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

223.0m223.0m293.6m293.6m423.5m724.2m724.2m772.1m772.1m919.2m1.1b1.1b

Accounts Receivable

41.3m40.4m46.4m48.9m48.9m42.2m42.2m40.2m35.3m40.9m59.5m

Prepaid Expenses

12.2m32.0m24.0m30.5m47.1m57.1m66.2m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

173.0m198.3m117.6m121.3m164.4m370.2m406.1m328.9m423.5m747.6m679.5m632.6m878.2m763.9m606.7m739.8m570.1m597.5m785.8m594.5m708.3m1.3b1.1b1.0b1.7b1.1b861.3m1.6b

Accounts Receivable

29.3m30.4m47.0m44.6m43.4m50.6m46.0m48.2m46.4m33.1m33.5m33.2m38.2m23.2m21.8m27.7m28.4m24.9m21.3m15.8m21.5m29.3m24.8m27.4m34.1m28.2m34.9m61.6m

Prepaid Expenses

9.2m10.9m15.6m22.8m21.4m25.2m14.9m26.3m27.3m30.1m24.4m28.0m26.3m30.1m37.0m37.0m30.8m27.8m32.3m32.7m36.1m53.2m42.1m46.2m49.0m49.5m46.6m57.1m

Current Assets

263.7m296.8m294.9m308.4m356.0m600.5m622.7m587.1m666.1m981.9m899.3m895.2m1.0b946.0m798.6m975.6m808.4m823.6m1.0b854.9m1.0b1.6b1.4b1.4b2.1b1.5b1.2b2.0b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

52.1m47.2m34.0m42.7m38.4m41.6m85.9m118.7m99.9m

Depreciation and Amortization

12.3m18.1m27.1m37.0m38.5m39.5m33.5m38.6m49.5m

Inventories

Accounts Payable

(4.5m)31.5m925.0k13.2m(19.2m)28.0m12.5m(8.1m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

24.8m38.1m17.1m29.0m39.6m15.6m26.9m33.0m34.0m15.3m29.6m43.5m40.8m44.3m44.5m32.9m40.9m42.9m40.8m60.0m73.7m70.0m99.9m104.4m64.0m98.7m98.2m46.8m

Depreciation and Amortization

5.5m8.8m3.7m7.7m12.6m6.4m13.0m19.9m27.1m7.7m15.6m24.2m14.7m29.7m45.2m17.2m33.1m48.1m15.3m31.9m48.2m17.2m34.6m52.7m19.1m39.4m60.5m21.0m

Accounts Payable

(5.2m)(2.8m)18.8m20.2m21.8m(7.7m)2.2m11.4m26.9m(6.3m)(16.3m)(10.5m)(9.6m)(19.9m)(29.0m)(12.4m)(16.3m)(17.6m)(13.3m)(9.3m)(12.5m)(18.9m)(16.4m)(13.3m)(10.2m)(31.2m)(20.1m)9.9m

Cash From Operating Activities

55.8m76.5m37.3m56.5m83.3m24.5m87.1m93.0m122.5m(171.0k)24.5m46.8m84.3m118.2m113.7m71.0m90.4m100.1m94.9m143.7m163.3m88.9m167.7m214.3m115.4m167.1m204.7m104.1m
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USDY, 2020

EV/EBIT

9.8 x

EV/CFO

5.5 x

Financial Leverage

3.1 x
Show all financial metrics

Green Dot Operating Metrics

Green Dot's Total Loans was reported to be $9.1m in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Active Cards

4.72 m5.38 m4.80 m4.51 m4.50 m4.75 m4.28 m4.09 m4.13 m5.05 m5.15 m

Locations

100 k100 k100 k

Total Loans

$6.99 m$7.16 m$6.83 m$7.02 m$6.71 m$6.55 m$6.16 m$5.97 m$6.34 m$7.54 m$9.14 m

Transactions

50.13 m10.09 m9.55 m9.53 m38.88 m9.71 m9.35 m9.36 m37.79 m9.30 m9.55 m
Show all operating metrics

Green Dot Revenue Breakdown

Embed Graph

Green Dot revenue breakdown by business segment: 72.8% from Processing and Settlement Services and 27.2% from Account Services

Green Dot Online and Social Media Presence

Green Dot's Trends

Embed Graph

Green Dot Company Culture

  • CEO Rating

    F

    10/100

  • Compensation

    A+

    97/100

Learn more on Comparably

Green Dot News and Updates

March 28, 2020

GREEN DOT INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Green Dot Corporation - GDOT

NEW ORLEANS, March 27, 2020 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Green Dot Corporation (NYSE: GDOT). On May 8, 2019, the Company...
March 26, 2020

Green Dot gets an upgrade on optimism for 'game changer' CEO hire

BTIG analyst Mark Palmer upgraded shares of Green Dot Corp. to buy from neutral late Wednesday, cheering the prepaid-card company's decision to name Dan Henry its new chief executive. The hire "was a game-changer for the company inasmuch as the skill set and experience that he brings from his tenur…
March 26, 2020

Green Dot appoints Dan Henry as CEO

Green Dot Corporation (NYSE: GDOT) today announced that Dan Henry has been appointed Chief Executive...
March 25, 2020

Green Dot stock surges 20% after announcement of new CEO

Green Dot Corp. shares are up 20% in Wednesday trading after the company announced the appointment of Dan Henry, a former NetSpend executive, as its next chief executive. William Jacobs, Green Dot's board chair, had been serving as CEO of the prepaid-card company in an interim role. "We believe Mr.…
February 03, 2020

Starboard Takes Stake in Green Dot and Might Push for Tie-Up

Starboard has a history of trying to influence companies on the executives they hire.
January 31, 2020

Taylor Morrison Home Set to Join S&P MidCap 400 and Green Dot to Join S&P SmallCap 600

NEW YORK, Jan. 31, 2020 /PRNewswire/ -- Taylor Morrison Home Corp. (NYSE: TMHC) will replace Green Dot Corp. (NYSE: GDOT) in the S&P MidCap 400, and Green Dot will replace William Lyon Homes (NYSE: WLH) in the S&P SmallCap 600 prior to the open of trading on Thursday, February 6. Taylor...
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Green Dot Blogs

October 07, 2019

SSI Social Security Benefits Payment Schedule: November 2019

There are a variety of methods for receiving your Supplemental Security Income (SSI) monthly payments, but did you know that you can get those payments direct deposited onto your Green Dot card? Customers with Green Dot prepaid cards may get their direct deposits faster. Here’s the estimated Social …
September 07, 2019

SSI Social Security Benefits Payment Schedule: October 2019

There are a variety of methods for receiving your Supplemental Security Income (SSI) monthly payments, but did you know that you can get those payments direct deposited onto your Green Dot card? Customers with Green Dot prepaid cards may get their direct deposits faster. Here’s the estimated Social …
August 07, 2019

SSI Social Security Benefits Payment Schedule: September 2019

There are a variety of methods for receiving your Supplemental Security Income (SSI) monthly payments, but did you know that you can get those payments direct deposited onto your Green Dot card? Customers with Green Dot prepaid cards may get their direct deposits faster. Here’s the estimated Social …
July 07, 2019

SSI Social Security Benefits Payment Schedule: August 2019

There are a variety of methods for receiving your Supplemental Security Income (SSI) monthly payments, but did you know that you can get those payments direct deposited onto your Green Dot card? Customers with Green Dot prepaid cards may get their direct deposits faster. Here’s the estimated Social …
July 03, 2019

Top 5 Money Fears – And How to Tackle Them

Are you worried about your financial situation? For the eighth consecutive year, the American Psychological Association (APA) identified money as the number one stress trigger, with 72 percent of Americans reporting stress about money and nearly 1 in 5 saying they had skipped or considered skipping …
July 03, 2019

10 Tips for Becoming a Knowledgeable Renter

On the hunt for a new apartment? A move can be an exciting opportunity to explore a new area or meet new people. However, competitive rental markets can make it difficult to find a desirable place on a budget. Keep these ten tips in mind to manage the process like a pro. They’ll help you […] The pos…
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 Green Dot Frequently Asked Questions

  • When was Green Dot founded?

    Green Dot was founded in 1999.

  • Who are Green Dot key executives?

    Green Dot's key executives are Dan Henry, Jess Unruh and Rob Strub.

  • How many employees does Green Dot have?

    Green Dot has 1,200 employees.

  • What is Green Dot revenue?

    Latest Green Dot annual revenue is $1.1 b.

  • What is Green Dot revenue per employee?

    Latest Green Dot revenue per employee is $923.8 k.

  • Who are Green Dot competitors?

    Competitors of Green Dot include H&R Block, Revolut and American Express.

  • Where is Green Dot headquarters?

    Green Dot headquarters is located at 3465 E Foothill Blvd, Pasadena.

  • Where are Green Dot offices?

    Green Dot has an office in Pasadena.

  • How many offices does Green Dot have?

    Green Dot has 2 offices.