GDOT's BaaS Account Programs Aid Market Expansion Amid Low Liquidity
Green Dot(GDOT) ZACKS·2025-01-09 23:46
Green Dot Corporation (GDOT) is gaining from the expansion of its addressable market with the help of its banking-as-a-service (BaaS) account programs. The long-standing relationship with Walmart is driving its operating revenues. Meanwhile, low liquidity and no plan to pay dividends could be red flags for investors.Green Dot reported mixed third-quarter 2024 results. GDOT’s quarterly earnings per share (excluding 28 cents from non-recurring items) of 13 cents missed the Zacks Consensus Estimate by 23.5% an ...