As required by the rules of the New York Stock Exchange, Green Dot Corporation (NYSE:GDOT) today announced that it has granted to Daniel Eckert, Green Dot’s recently appointed Executive Vice President, Chief Product, Strategy and Development Officer, on May 6, 2020, employment inducement awards consisting of the following: (i) 750,000 stock options with a seven-year term that vest subject to Mr. Eckert’s continued service over three years, and also subject to Green Dot achieving certain stock trading prices within a five year period; (ii) performance-based restricted stock units having a grant date fair value of $1,800,000, which vest based on the achievement of performance targets, which will be established within 30 days of his employment start date, with 25% vesting at the end of such one-year period and the remaining 75% over the following 3 years in equal annual installments, in each case subject to Mr. Eckert’s continued service through each vesting date; and (iii) time-based restricted stock units having a grant date fair value of $1,200,000, which vest over three years in equal annual installments, subject to Mr. Eckert’s continued service through each vesting date. These awards were granted to Mr. Eckert pursuant to the terms of his employment agreement, dated May 6, 2020.
Q1 2020 Green Dot Corp Earnings Call
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Dan Henry, Green Dot President & CEO and Daniel Eckert, Green Dot Executive Vice President join Yahoo Finance’s On The Move to discuss the company's latest earnings report and weigh in on how Green Dot is faring amid the coronavirus outbreak.
Green Dot (GDOT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Green Dot Corporation (NYSE: GDOT) today announced that Daniel Eckert has joined the company as Executive Vice President & Chief Product, Strategy and Development Officer, leading all of Green Dot’s product and Banking-as-a-Service (BaaS) platform business efforts. In this role, he will be responsible for product vision, strategy, design and development, from conceptualization through launch and post-launch, and on business development activities to acquire and grow major BaaS platform partnerships.
Walmart Inc (NYSE: WMT), alongside Green Dot Corporation (NYSE: GDOT), formally announced an update of features and benefits for the MoneyCard Reloadable Debit Card program.The Walmart MoneyCard, issued by Green Dot Bank, will provide account holders a 2% annual yield on money saved in integrated savings accounts, as well as up to 4 additional MoneyCards for family members over 13 years of age, free cash deposits, and the ability to add money from existing bank accounts."Now more than ever, consumers are looking for ways to manage their money for less, while saving as much as they can. The new Walmart MoneyCard allows customers to do both," said Mike Keeslar, General Manager of Consumer Products, Green Dot. "Whether you have a specific savings goal in mind, or just want to set aside cash for an unexpected emergency, we have a free and easy savings solution, combined with other features Walmart customers depend on to more effectively manage their money."The development comes as the Walmart MoneyCard is already the number one retail-branded debit card in the United States. With mobile banking capabilities a priority, Walmart has honed in on money management and financial wellness.To learn more about Walmart's MoneyCard, please visit WalmartMoneyCard.com.Photo by Noelle Otto from Pexels.See more from Benzinga * 3 Tips To Make Money In The Stock Market * Rocket Mortgage Classic 'Changing The Course' To End Detroit's Digital Divide * Strategic Investment To Fuel Innovation, Expansion At Tourmaline Partners(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Green Dot Corporation (NYSE: GDOT) today announced that payments industry executive, Philip Lerma, has been appointed Senior Vice President & Chief Risk Officer. In this role, Mr. Lerma will be responsible for setting the Company’s risk management priorities, policies, and procedures. He will report directly to Green Dot President and Chief Executive Officer, Dan Henry.
Financial technology company Green Dot (NYSE: GDOT) reported its first-quarter earnings on Monday afternoon, and it's fair to say that Wall Street is happy with the results. The first quarter is historically Green Dot's strongest, and this set of results looked surprisingly strong, even with the emergence of the COVID-19 pandemic. Green Dot processed 9.7 million tax refunds during the quarter (the main reason why the first quarter is usually its strongest), about 310,000 more than it did in Q1 2019.
Green Dot's (GDOT) first-quarter 2020 earnings decline but revenues increase year over year.
BTIG analyst Mark Palmer reiterated a Buy rating on Green Dot (NYSE:GDOT) on Monday, setting a price target of $40, which is approximately 26.98% above the present share price of $31.5.
Green Dot (GDOT) delivered earnings and revenue surprises of 20.21% and 8.47%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, May 20, 2020 -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues investigating certain.
Green Dot Corporation (NYSE: GDOT) today reported financial results for the quarter ended March 31, 2020.
Walmart, together with Green Dot, today announced updated features and benefits for the Walmart MoneyCard Reloadable Debit Card program.
A spurt in the number of transactions processed across all major geographic regions is likely to have aided Visa's (V) Q2 earnings.
Green Dot Corporation (NYSE: GDOT) today announced that it has rescheduled the release of its first quarter 2020 earnings results and conference call to Monday, May 11, 2020 due to scheduling conflicts with peer companies reporting on May 7, 2020. Green Dot will host a conference call and earnings webcast to discuss first quarter 2020 financial results on Monday, May 11, 2020 at 5:00 p.m. ET. A press release with first quarter 2020 financial results will be issued after the market closes that same day. The live webcast of the call can be accessed from Green Dot’s investor relations website at http://ir.greendot.com/. A replay will be available at the same website following the call.
Assurant's (AIZ) Q1 results are likely to reflect strong growth in Global Automotive and the expansion of mobile programs and expansion of Specialty Property and Multifamily Housing businesses.
Fintech leader and bank holding company, Green Dot Corporation (NYSE:GDOT), today announced that Brandon Thompson has been appointed Executive Vice President of Retail, Tax and PayCard, effective June 8. Mr. Thompson will be a member of the executive management team and will report to Green Dot President and Chief Executive Officer, Dan Henry. In this role, he will be responsible for developing and delivering product strategy and growth across the company’s retail, tax and paycard divisions.
On today's call, we'll discuss Green Dot's first quarter 2020 performance. Please refer to the cautionary language in the earnings release and in Green Dot'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. Quantitative reconciliation of our non-GAAP financial information to the directly comparable GAAP financial information appears in today's press release.