Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer bank holding company that provides personal banking for the masses. It operates through two segments, Account Services and Processing, and Settlement Services. The company offers deposit as account programs, such reloadable prepaid debit cards under the consumer brand names of GPR cards, consumer checking accounts, small business checking accounts, network-branded gift cards, secured credit cards, and other financial services. It also provides swipe reload system for crediting cash onto an enabled payment card by swiping the payment card at the point of sale through Green Dot Network; MoneyPak, a product that allows a consumer to add funds to accounts; and e-cash remittance, a service that allows a consumer to transfer funds to a smartphone, as well as offers disbursement services through Simply Paid platform. The company, through its subsidiary, Green Dot Bank, provides prepaid cards, debit cards, checking accounts, secured credit cards, payroll debit cards, consumer cash processing services, wage disbursements, and tax refund processing services, as well as issuing, settlement, and capital management services. In addition, it offers mobile banking, loan disbursement accounts, mobile P2P, money transfer, instant payment, and processing and settlement services. It markets and sells its products and services through approximately 100,000 retail stores, various direct-to-consumer Websites, thousands of tax preparation offices, and various apps available in the 2 app stores, as well as distributes through various enterprise-scale ?Banking as a Service' partnerships, and Green Dot, a banking franchise in the United States. The company was formerly known as Next Estate Communications, Inc. and changed its name to Green Dot Corporation in October 2005. Green Dot Corporation was incorporated in 1999 and is headquartered in Pasadena, California.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Sub-IndustryConsumer Finance
SectorBusiness Services
SymbolNYSE:GDOT
CUSIP39304D10
Phone626-765-2000
Debt
Debt-to-Equity Ratio0.06
Current Ratio1.05
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio46.58
Forward P/E Ratio31.22
P/E GrowthN/A
Sales & Book Value
Annual Sales$890.15 million
Price / Sales4.28
Cash Flow$3.0529 per share
Price / Cash24.03
Book Value$14.95 per share
Price / Book4.91
Profitability
EPS (Most Recent Fiscal Year)$1.58
Net Income$85.88 million
Net Margins12.10%
Return on Equity14.21%
Return on Assets5.22%
Miscellaneous
Employees1,152
Outstanding Shares51,920,000
