AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Michael Meston as Chief Human Resources Officer. Meston will play a key role in the company’s evolution as a performance-driven platform company that now operates primarily in a remote “work from anywhere” model. He will report directly to Chief Executive Officer George Gresham. “Michael is ...

财务数据和关键指标变化 - 公司第三季度非GAAP收入同比增长约3%,但非GAAP和GAAP盈利指标均有所下降 [6] - 公司遇到一些临时性因素影响了业绩,包括完成处理器转换过程中的挑战,以及客户争议导致的交易损失增加 [9] 各条业务线数据和关键指标变化 - 消费者业务收入同比下降13%,主要受到零售渠道和直接面向消费者渠道的下滑影响 [30][31] - 企业服务业务收入同比增长26%,主要受益于BaaS业务的强劲增长 [36][37] - 资金流动业务收入同比下降15%,主要受到现金转账量和税收退款时间的影响 [42][43] 各个市场数据和关键指标变化 - 零售渠道收入同比下降约10%,但公司认为下降幅度正在放缓 [31] - 直接面向消费者渠道收入同比下降约20%,主要受到公司停止运营一些旧品牌的影响 [32] - Rapid! PayCard业务受到临时工业务的宏观环境变化影响,收入和活跃账户增长有所放缓 [37][38] 公司战略和发展方向和行业竞争 - 公司已完成处理器转换,这是一个重要里程碑,将使公司更加敏捷高效 [10][11] - 公司将继续投资于产品开发、合规基础设施等方面,以提升自身的监管合规能力,并将其视为竞争优势 [16] - 公司正在积极拓展新的业务合作伙伴,在BaaS和消费者业务渠道签约了多家新客户 [12][13] 管理层对经营环境和未来前景的评论 - 公司认为当前面临的一些挑战是暂时性的,将在今年年底前得到解决 [22][49] - 管理层对公司未来的账户增长前景持乐观态度,认为已度过最困难时期 [58][59][60] - 公司将继续专注于提升运营效率,同时有选择性地增加投资于产品开发和合规基础设施建设 [14][15] 问答环节重要的提问和回答 问题1 **Ramsey El-Assal 提问** 询问公司在处理器转换和客户争议方面遇到的挑战,以及是否有信心在年底前解决这些问题 [65][66] **Jess Unruh 回答** 公司在处理器转换过程中遇到了一些配置问题,导致部分收入受到影响,同时还面临客户争议导致的交易损失增加。公司正在积极解决这些问题,预计到年底前大部分问题将得到解决 [66][67] 问题2 **Chris Kennedy 提问** 询问公司在监管环境方面的看法,尤其是在BaaS业务中的情况 [79] **George Gresham 回答** 公司认为监管环境的发展是积极的,将有利于规范整个行业。公司将继续加大合规投入,确保自身合规水平达到行业领先,并将此视为竞争优势 [80][81][82][83][84][85][86][87][88][89] 问题3 **Michael Perito 提问** 询问公司在资本配置方面的考虑,以及未来在各业务线的发展预期 [97][98][99][100][101][102][103][104][105][106][107][108][109][110][111][112][113][114][115][116] **Jess Unruh 和 George Gresham 回答** 公司将继续投资于直接面向消费者的GO2bank业务,同时也会增加在BaaS业务的投入。完成处理器转换后,公司将获得成本节约,有助于提升利润率。未来公司还将进一步优化第三方处理成本,提升整体盈利能力 [112][113][114][115][116]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 95-4766827 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 114 W 7th Street, Suite 240 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 9 ...

1 Please see appendix at end of presentation for a reconciliation of GAAP to Non-GAAP Measures in millions, reflects change versus the prior year in millions, reflects change versus the prior year Non-GAAP Revenue1increased 2% • Adjusted EBITDA Margin of ~10.8%, down 826 bps as the company works through de-conversion of BaaS partners, the impact of rising interest rates and difficult comparisons in 2Q22 when there were several one-time benefits in segment operating expenses • Money Movement segment profit d ...

Thanks, George, and good afternoon, everyone. Overall, our consolidated results came in line with our expectations and as George said is a solid quarter of progress towards our goals. IÂ'll walk you through our key financial highlights and then IÂ'll provide color on our updated guidance for the year. As mentioned on our first quarter call, we sunset some brands in the second quarter as we continue to move through our platform conversions. We had success in converting a portion of those accounts to GO2bank. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 95-4766827 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 114 W 7th Street, Suite 240 (Address of pri ...

This is Chris. Thank you for the question. I think as you look at the marketplace and our ability to both the addressable market that we can go after and our ability to execute, we're most excited about our continued success in the embedded finance space, an expanding opportunity in what we consider sort of the GDN or our Money Movement business and then, within PayCard, our ability to grow early wage access business, along with the payroll card business. And I think those are sort of near term and then med ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) (State or othe ...

Company Participants Conference Call Participants Operator Tim Willi As a reminder, our comments may include forward-looking statements and expectations regarding future results and performance. Please refer to the cautionary language in the earnings release and in Green DotÂ's filings with the Securities and Exchange Commission, including our most recent Form 10-K and 10-Q for additional information concerning factors that could cause actual results to differ materially from the forward-looking statements. ...