Cash flow Green Dot Corporation

Equities

GDOT

US39304D1028

Consumer Lending

Market Closed - Nyse Other stock markets 21:00:02 18/09/2024 BST			5-day change	1st Jan Change
12.53 ^USD	+0.08%		+12.98%	+26.57%

09-06	Green Dot Corporation Completes the Issuance and Sale of Its 8.75% Fixed Rate Senior Notes Due 2029	CI
09-06	Green Dot Closes $45 Million Private Placement of 2029 Notes	MT

0a77.41ialBiBuy7FGwAQDXsQFt52Jgd880dUF6D7pTHaq-o.1iHW_Wy26FqVXXlcWUpkb6sQTkY5hiFgIvKOzFetkrvXP6KsbtfKXbEtZw

Published financial data: GREEN DOT CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	31.94M	14.79M	18.79M	42.16M	37.34M
Interest Income, Total	31.94M	14.79M	18.79M	42.16M	37.34M
Interest On Deposits	1.84M	761K	150K	255K	3.03M
Interest Expense, Total	1.84M	761K	150K	255K	3.03M
Net Interest Income	30.1M	14.02M	18.64M	41.9M	34.32M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-	5.07M	-	-	-
Total Other Non Interest Income	1.08B	1.24B	1.41B	1.41B	1.46B
Non Interest Income, Total	1.08B	1.24B	1.41B	1.41B	1.46B
Revenues Before Provison For Loan Losses	1.11B	1.26B	1.43B	1.45B	1.5B
Total Revenues	1.11B	1.26B	1.43B	1.45B	1.5B
Salaries And Other Employee Benefits	169M	179M	213M	209M	205M
Stock-Based Compensation (IS)	-	-	-	-	-
Selling General & Admin Expenses, Total	617M	729M	764M	647M	635M
(Income) Loss on Equity Invest.	-	7M	2.3M	14.1M	8M
Total Other Non Interest Expense	201M	293M	390M	478M	636M
Non Interest Expense, Total	987M	1.21B	1.37B	1.35B	1.48B
EBT, Excl. Unusual Items	120M	49.81M	63.75M	101M	14.63M
Total Merger & Related Restructuring Charges	-	-	-	-13M	-
Asset Writedown	-578K	-21.72M	-	-4.26M	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	1.87M	-	-47K	-	-
EBT, Incl. Unusual Items	121M	28.1M	63.7M	83.92M	14.63M
Income Tax Expense	21.18M	4.96M	16.22M	19.71M	7.91M
Earnings From Continuing Operations	99.9M	23.13M	47.48M	64.21M	6.72M
Net Income to Company	99.9M	23.13M	47.48M	64.21M	6.72M
Net Income - (IS)	99.9M	23.13M	47.48M	64.21M	6.72M
Preferred Dividend and Other Adjustments	-	346K	412K	178K	-
Net Income to Common Incl Extra Items	99.9M	22.78M	47.07M	64.03M	6.72M
Net Income to Common Excl. Extra Items	99.9M	22.78M	47.07M	64.03M	6.72M
Per Share Items
Net EPS - Basic	1.91	0.43	0.87	1.2	0.13
Basic EPS - Continuing Operations	1.91	0.43	0.87	1.2	0.13
Basic Weighted Average Shares Outstanding	52.2M	52.44M	54.07M	53.35M	52.25M
Net EPS - Diluted	1.88	0.42	0.85	1.19	0.13
Diluted EPS - Continuing Operations	1.88	0.42	0.85	1.19	0.13
Diluted Weighted Average Shares Outstanding	53.14M	53.68M	55.22M	53.87M	52.51M
Normalized Basic EPS	1.43	0.59	0.74	1.19	0.18
Normalized Diluted EPS	1.41	0.58	0.72	1.17	0.17
Supplemental Items
Effective Tax Rate - (Ratio)	17.5	17.67	25.46	23.49	54.06
Current Domestic Taxes	13.7M	19.5M	12.87M	25.72M	18.92M
Current Foreign Taxes	604K	471K	624K	666K	861K
Total Current Taxes	14.31M	19.97M	13.5M	26.38M	19.78M
Deferred Domestic Taxes	6.88M	-14.93M	2.73M	-6.76M	-11.71M
Deferred Foreign Taxes	-	-69K	-9K	87K	-161K
Total Deferred Taxes	6.88M	-15M	2.72M	-6.67M	-11.87M
Normalized Net Income	74.87M	31.13M	39.84M	63.24M	9.15M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	29.58M	53.69M	51.42M	34.81M	33.74M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	29.58M	53.69M	51.42M	34.81M	33.74M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.06B	1.49B	1.32B	814M	682M
Investment Securities, Total	66.41M	280M	329M	308M	343M
Mortgage Backed Securities	211M	691M	1.85B	2.14B	2B
Total investments	277M	971M	2.18B	2.45B	2.35B
Gross Loans	42.63M	25M	30.22M	34.32M	51.48M
Allowance For Loan Losses	-18.05M	-2.41M	-8.95M	-11.31M	-16.66M
Net Loans	24.58M	22.59M	21.27M	23.01M	34.82M
Gross Property Plant And Equipment	134M	111M	106M	69.55M	71.97M
Accumulated Depreciation	-82.08M	-82.32M	-84.89M	-50.21M	-54.15M
Net Property Plant And Equipment	51.95M	28.93M	21.21M	19.34M	17.82M
Goodwill	302M	302M	302M	302M	302M
Other Intangibles, Total	339M	308M	290M	292M	286M
Other Receivables	30.98M	44.76M	59.11M	43.92M	63.88M
Restricted Cash	2.73M	4.86M	3.32M	5.9M	4.24M
Other Current Assets, Total	332M	870M	422M	600M	849M
Deferred Tax Assets Long-Term (Collected)	9.04M	12.74M	15.05M	117M	117M
Deferred Charges Long-Term	16.89M	18.33M	16.86M	14.55M	1.55M
Other Long-Term Assets, Total	10.99M	40.48M	74.9M	111M	112M
Total Assets	2.46B	4.12B	4.73B	4.79B	4.82B
Liabilities
Accounts Payable, Total	37.88M	34.82M	51.35M	114M	120M
Accrued Expenses, Total	108M	145M	128M	98.58M	91.24M
Interest Bearing Deposits	116M	27.3M	25.74M	20.03M	76.72M
Institutional Deposits	3.85M	3.77M	2.5M	2.28M	2M
Non-Interest Bearing Deposits	1.06B	2.7B	3.26B	3.43B	3.21B
Total Deposits	1.18B	2.74B	3.29B	3.45B	3.29B
Short-Term Borrowings	35.38M	235K	513K	328K	225K
Current Portion of Long-Term Debt	-	-	-	-	61M
Current Portion of Leases	8.76M	8.18M	6.92M	3.17M	3.37M
Long-Term Debt	-	-	-	35M	-
Long-Term Leases	24.44M	16.4M	8.21M	5.25M	2.69M
Current Income Taxes Payable	3.95M	12.15M	291K	11.64M	6.26M
Unearned Revenue, Current	28.36M	28.58M	28.9M	25.03M	6.34M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities - (Bank / Utility Template)	82.63M	113M	140M	259M	371M
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non-Current	17.77M	7.19M	-	-	-
Other Non Current Liabilities	10.88M	4.28M	3.53M	5.78M	1.9M
Total Liabilities	1.53B	3.11B	3.65B	4.01B	3.96B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	52K	54K	55K	52K	53K
Additional Paid In Capital	296M	354M	401M	341M	376M
Retained Earnings	629M	652M	699M	764M	770M
Comprehensive Income and Other	2.04M	3.43M	-29.81M	-323M	-287M
Total Common Equity	927M	1.01B	1.07B	781M	859M
Total Equity	927M	1.01B	1.07B	781M	859M
Total Liabilities And Equity	2.46B	4.12B	4.73B	4.79B	4.82B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	52.78M	54.16M	54.95M	51.72M	52.83M
ECS Total Common Shares Outstanding	51.81M	54.03M	54.87M	51.67M	52.82M
Book Value / Share	17.9	18.69	19.51	15.12	16.27
Tangible Book Value	286M	400M	479M	187M	272M
Tangible Book Value Per Share	5.53	7.41	8.72	3.62	5.15
Average Assets	1.65B	2.45B	3.64B	3.87B	3.6B
Average Loans	23.66M	22.53M	37.35M	19.61M	23.8M
Total Debt	68.59M	24.81M	15.64M	43.74M	67.28M
Federal Funds Sold	-	-	-	-	-
Net Debt	-995M	-1.47B	-1.31B	-770M	-615M
Equity Method Investments, Total	-	-	61.5M	82.4M	110M
Full Time Employees	1.2K	1.2K	1.2K	1.2K	1.2K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	99.9M	23.13M	47.48M	64.21M	6.72M
Depreciation, Depletion & Amortization	14.39M	14.1M	9.52M	7.2M	6.91M
Amortization of Goodwill and Intangible Assets - (CF)	31.78M	28.12M	27.78M	23.51M	24.26M
Total Depreciation, Depletion & Amortization	46.17M	42.22M	37.3M	30.71M	31.17M
Amortization of Deferred Charges, Total	37.27M	44.07M	47.5M	49.9M	51.8M
(Gain) Loss on Sale of Investments - (CF)	-117K	-4.07M	2.56M	-1.43M	-2.28M
Total Asset Writedown	578K	21.72M	-	4.26M	-
Provision for Credit Losses	86.45M	7.68M	44.8M	46.12M	51.08M
(Income) Loss On Equity Investments - (CF)	-	6.29M	-1.58M	15.65M	9.31M
Stock-Based Compensation (CF)	29.58M	53.69M	51.42M	34.81M	33.74M
Tax Benefit from Stock Options	-	-	-	-	-
Change in Accounts Payable	-8.14M	37.64M	-5.31M	41.1M	690K
Change in Unearned Revenues	-6.71M	576K	1.28M	-3.69M	-19.54M
Change In Income Taxes	11.68M	9.53M	-14.13M	11.72M	-5.61M
Change in Other Net Operating Assets (Collected)	-112M	-18.3M	-51.66M	-4.33M	-43.6M
Other Operating Activities	5.01M	-15M	2.87M	-11.34M	-15.97M
Cash from Operations	190M	209M	163M	278M	97.52M
Capital Expenditure	-78.21M	-59.04M	-57.43M	-84.33M	-75.94M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-73.18M	-723M	-1.28B	-701M	142M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-2.46M	-453K	-28.38M	-32.06M	-28.97M
Other Investing Activities, Total	-	-3.53M	-852K	-2.56M	-3.78M
Cash from Investing	-154M	-786M	-1.37B	-820M	33.16M
Short Term Debt Issued, Total	35M	-	-	-	-
Long-Term Debt Issued, Total	-	100M	-	100M	282M
Total Debt Issued	35M	100M	-	100M	282M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-60M	-135M	-	-65M	-256M
Total Debt Repaid	-60M	-135M	-	-65M	-256M
Issuance of Common Stock	7.23M	17M	8.04M	6.18M	5.56M
Repurchase of Common Stock	-121M	-12.45M	-12.86M	-101M	-3.9M
Net Increase (Decrease) in Deposit Accounts - (CF)	146M	1.55B	555M	157M	-159M
Other Financing Activities, Total	-72.11M	-517M	485M	-60.14M	-132M
Cash from Financing	-65.12M	1.01B	1.03B	36.71M	-264M
Net Change in Cash	-29.06M	431M	-171M	-506M	-133M
Supplemental Items
Cash Interest Paid	2.45M	926K	1.43M	627K	5.92M
Cash Income Tax Paid (Refund)	1.92M	10.62M	27.2M	12.97M	24.35M
Net Debt Issued / Repaid	-25M	-35M	-	35M	26M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.21	0.7	1.07	1.35	0.14
Return On Equity %	10.88	2.39	4.56	6.93	0.82
Return on Common Equity	10.88	2.35	4.52	6.91	0.82
Shareholders Value Added	21.45M	-64.98M	-49.58M	-15.28M	-67.47M
Margin Analysis
SG&A Margin	71.04	72.19	68.2	59.09	56.03
Net Interest Income / Total Revenues %	2.72	1.11	1.3	2.89	2.29
EBT Excl. Non-Recurring Items Margin %	10.82	3.96	4.45	6.98	0.98
Income From Continuing Operations Margin %	9.03	1.84	3.31	4.43	0.45
Net Income Margin %	9.03	1.84	3.31	4.43	0.45
Net Avail. For Common Margin %	9.03	1.81	3.28	4.42	0.45
Normalized Net Income Margin	6.76	2.47	2.78	4.36	0.61
Asset quality
Nonperforming Loans / Total Loans %	6.15	6.96	3.85	7.25	5.25
Nonperforming Loans / Total Assets %	0.11	0.04	0.02	0.05	0.06
Nonperforming Assets / Total Assets %	0.11	0.04	0.02	0.05	0.06
NPAs / Loans and OREO	6.15	6.96	3.85	7.25	5.25
NPAs / Equity	0.28	0.17	0.11	0.32	0.31
Allowance for Credit Losses / Net Charge-offs %	21.03	22.53	23.39	25.84	36.44
Allowance for Credit Losses / Nonperforming Loans %	688.93	138.51	769.48	454.5	616.5
Allowance for Credit Losses / Total Loans %	42.34	9.64	29.61	32.95	32.37
Net Charge-offs / Total Average Loans %	362.86	47.47	102.45	223.19	192.12
Earning Assets / IBL	1.28K	6.68K	9.08K	15.46K	10.86K
Interest Income / Average Assets	1.94	0.6	0.52	1.09	1.04
Interest Expense / Average Assets	0.11	0.03	0	0.01	0.08
Net Interest Income / Average Assets	1.83	0.57	0.51	1.08	0.95
Non Interest Income / Average Assets	65.4	50.68	38.88	36.37	40.61
Non Interest Expense / Average Asset	59.95	49.22	37.64	34.84	41.16
Capital And Funding
Total Average Common Equity / Total Average Assets %	38.7	29.46	23.53	19.47	17.08
Total Average Equity / Total Average Assets %	38.7	29.46	23.53	19.47	17.08
Total Equity + Allowance for Loan Losses / Total Loans %	2.22K	4.05K	3.57K	2.31K	1.7K
Gross Loans / Total Deposits %	3.63	0.91	0.92	0.99	1.56
Net Loans / Total Deposits %	2.09	0.83	0.65	0.67	1.06
Tier 1 Capital Ratio %	70.5	57.8	54	40.1	38
Total Capital Ratio %	71.2	58.2	54.9	40.9	39
Core Tier 1 Capital Ratio	70.5	57.8	54	40.1	38
Coverage Ratio	6.71K	851.59	3.86K	-	-
Leverage Ratio %	22.2	17.5	15.9	16.6	17.9
Interbank Ratio