OverviewSuggest Edit

Green Dot Corporation is an issuer of prepaid MasterCard and Visa cards in the United States. It also transfers individuals' direct deposit funds (such as Social Security payments) from the US government to personal bank accounts. The cards may be used like normal debit or credit cards, but they are not backed by a checking account or line of credit. Purchases are deducted from the balance stored on the card. The user can add more money to the card by paying cash at a retail store's point of sale, or in certain cases from their paycheck.

TypePublic
Founded1999
HQPasadena, US
Websitegreendot.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Dec 2018)1,100(-4%)
Job Openings65
Revenue (FY, 2018)$1 B(+18%)
Share Price (Mar 2019)$59.3 (+2%)

Key People/Management at Green Dot

Steve Streit

Steve Streit

Founder and CEO, Board of Directors
Benson Riseman

Benson Riseman

Co-Founder
John Ricci

John Ricci

General Council
Kostas Sgoutas

Kostas Sgoutas

CPO
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Green Dot Office Locations

Green Dot has offices in Pasadena, Remote, Birmingham, San Ramon and in 3 other locations
Pasadena, US (HQ)
3465 E Foothill Blvd
Show all (7)
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Green Dot Financials and Metrics

Green Dot Revenue

Green Dot's revenue was reported to be $1.04 b in FY, 2018
USD

Revenue (FY, 2018)

1.0b

Net income (FY, 2018)

118.7m

EBIT (FY, 2018)

106.6m

Market capitalization (18-Mar-2019)

3.1b

Closing stock price (18-Mar-2019)

59.3
Green Dot's current market capitalization is $3.1 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

363.9m467.4m546.3m573.6m601.6m694.7m718.8m890.2m1.0b

Revenue growth, %

28%17%5%5%15%3%

Sales and marketing expense

230.4m249.1m280.6m326.3m

General and administrative expense

134.6m139.4m155.6m206.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

136.5m159.3m147.0m144.7m227.2m170.2m146.4m228.0m173.5m154.5m253.0m222.5m201.6m315.0m258.3m230.6m

Sales and marketing expense

52.0m60.2m57.2m55.6m61.3m55.8m52.9m63.9m63.1m56.7m71.7m70.1m65.6m92.0m82.5m72.7m

General and administrative expense

20.6m24.7m38.9m34.1m38.1m29.9m34.7m37.8m36.6m41.7m43.7m47.8m62.2m

Operating expense total

128.6m135.6m125.3m131.3m161.3m163.3m148.1m173.5m160.6m155.0m191.6m202.4m188.6m238.6m231.2m235.7m
Annual
usdY, 2011Y, 2012Y, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

223.0m293.6m423.5m724.2m772.1m

Accounts Receivable

46.4m48.9m42.2m42.2m40.2m35.3m40.9m

Inventories

Current Assets

666.1m1.0b975.3m975.3m1.0b1.3b1.4b
Quarterly
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

34.0m42.7m38.4m41.6m85.9m118.7m

Depreciation and Amortization

27.1m37.0m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

33.0m15.3m29.6m43.5m40.8m44.3m44.5m32.9m40.9m42.9m40.8m60.0m73.7m70.0m99.9m104.4m

Depreciation and Amortization

19.9m7.7m15.6m24.2m

Cash From Operating Activities

93.0m(171.0k)24.5m46.8m84.3m118.2m113.7m71.0m90.4m100.1m94.9m143.7m163.3m88.9m167.7m214.3m

Cash From Investing Activities

(78.9m)28.8m(1.4m)(54.6m)(81.0m)(171.0m)(197.8m)(25.3m)(52.1m)(106.1m)(135.9m)(198.4m)(209.7m)(10.5m)(70.4m)(121.1m)
USDY, 2018

Revenue/Employee

947.1k

Financial Leverage

2.5 x
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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

Locations

100 k100 k100 k

Non-performing Loans

$4 k$31 k$32 k$62 k$19 k$2 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
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Green Dot Revenue Breakdown

Embed Graph

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

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Green Dot Online and Social Media Presence

Embed Graph
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Green Dot News and Updates

Teleflex Set to Join S&P 500; Green Dot to Join S&P MidCap 400; Mercer International to Join S&P SmallCap 600

NEW YORK, Jan. 15, 2019 /PRNewswire/ -- S&P MidCap 400 constituent Teleflex Inc. (NYSE: TFX) will replace PG&E Corp. (NYSE: PCG) in the S&P 500, S&P SmallCap 600 constituent Green Dot Corp. (NYSE: GDOT) will replace Teleflex in the S&P MidCap 400, and Mercer International Inc. (N…
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Green Dot Blogs

SSI Social Security Benefits Payment Schedule: April 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 …

The 15 Wisest Ways To Use Your Tax Refund

Millions of Americans are preparing their taxes, hoping to see a refund check shortly after. Because of changes to tax laws, it’s still unclear whether refunds will be bigger or smaller than expected, and just how many people will truly be impacted by these changes. That’s why it’s a good idea to pl…

Confused about Compound Interest? Here’s a Simple Explanation

While the holiday season might be in the past, you may be dealing with a new challenge in the present: post-holiday credit card debt. What makes credit card debt such a challenge to deal with is that you are being charged interest at high rates, making it harder to pay down your balance without it […

22 Side Hustles that Will Boost Your Bank Account

Side Gigs For Your Skillset 1. Start a Blog or Podcast To make passive income that will carry you beyond this winter, starting a blog or podcast and amassing followers will help you earn advertising bucks. Not to mention, when you have an audience, you’ll be invited to share your knowledge in new, a…

What do recent tax law changes and the government shutdown mean for your refund?

We sat down with the CEO of Santa Barbara Tax Products Group (a Green Dot company), Brian Schmidt, and asked for his perspective on what has become an interesting tax season. Green Dot [GD]: Brian, thanks for your time. First off, who is Santa Barbara Tax Products Group? Brian Schmidt [B]: We are a …

SSI Social Security Benefits Payment Schedule: March 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 …
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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 Steve Streit, Benson Riseman and John Ricci.

  • How many employees does Green Dot have?

    Green Dot has 1,100 employees.

  • What is Green Dot revenue?

    Latest Green Dot annual revenue is $1 b.

  • What is Green Dot revenue per employee?

    Latest Green Dot revenue per employee is $947.1 k.

  • Who are Green Dot competitors?

    Competitors of Green Dot include Mi-Pay, Cardtronics and Visa.

  • Where is Green Dot headquarters?

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

  • Where are Green Dot offices?

    Green Dot has offices in Pasadena, Remote, Birmingham, San Ramon and in 3 other locations.

  • How many offices does Green Dot have?

    Green Dot has 7 offices.