Welcome to our dedicated page for DAVE news (Ticker: DAVE), a resource for investors and traders seeking the latest updates and insights on DAVE stock.
Dave Inc. (NASDAQ: DAVE) is a U.S. neobank and fintech company that regularly issues news and updates related to its financial performance, technology, capital allocation, and mission-driven initiatives. As a digital banking platform serving millions of everyday Americans, Dave’s announcements provide insight into how it manages growth, credit performance, and member engagement.
Investors and followers of DAVE stock can use this news feed to review quarterly earnings results, including trends in operating revenues, non-GAAP gross profit, Adjusted Net Income, and Adjusted EBITDA as reported by the company. Dave’s releases often highlight metrics such as Monthly Transacting Members, ExtraCash originations and monetization, delinquency rates, and debit card spend, along with management commentary on unit economics and operating leverage.
News from Dave also covers product and technology developments. For example, the company has announced new versions of its CashAI cash flow underwriting engine, explaining how expanded feature sets and larger training datasets are intended to improve risk ranking, approval amounts, conversion, and credit outcomes for its ExtraCash product. Updates on data access arrangements and relationships with partners, such as Plaid and bank partners, appear in these communications as well.
Capital allocation decisions, including share repurchase authorizations and buyback activity, are another recurring theme in Dave’s press releases. The company explains how repurchases fit into its broader strategy and outlook. In addition, Dave uses its news channel to highlight charitable efforts, such as donations to Baby2Baby, which it presents as part of its long-standing commitment to improving the economic well-being of everyday Americans.
By following Dave’s news, readers can track how the company reports on growth, profitability, technology initiatives, partnerships, and community impact over time.
Dave (Nasdaq: DAVE) priced $175.0 million of 0% convertible senior notes due 2031, with an initial purchasers' option for an additional $25.0 million, upsized from $150.0 million; expected closing is March 9, 2026. Net proceeds are ~$168.0 million (~$192.1 million if option exercised).
The notes convert at 3.5825 shares per $1,000 (≈$279.13 per share), a ~32.5% premium to the $210.67 March 4, 2026 share price. Dave will pay ~$15.1 million for capped calls (cap price $421.34) and repurchase ~334,000 shares for ~$70.5 million.
Dave (NASDAQ: DAVE) announced a proposed private offering of $150 million principal amount of Convertible Senior Notes due April 1, 2031, with an initial purchaser option for an additional $22.5 million. Interest is payable semi‑annually on April 1 and October 1, beginning October 1, 2026.
Dave intends to use net proceeds to fund capped call transactions, repurchase shares of common stock in privately negotiated transactions at the pricing date closing price, and for general corporate purposes, including additional repurchases under its program.
Dave (Nasdaq: DAVE) reported strong Q4 and FY2025 results: Q4 revenue $163.7M (+62% YoY), FY2025 revenue $554.2M (+60% YoY), GAAP net income of $195.9M for the year (+238%) and Adj. EBITDA $226.7M (+162%).
The company raised its share repurchase authorization to $300M and provided FY2026 guidance of $690–$710M revenue (+25–28%) with Adj. EBITDA $290–$305M.
Dave (Nasdaq: DAVE) will report fourth quarter and full year 2025 results and hold an earnings conference call on March 2, 2026 at 5:00 p.m. ET. The call will be replayed with transcript available in the Events section at investors.dave.com.
Dave will also attend two investor conferences: Citizens Technology Conference (fireside chat March 3 at 12:30 p.m. ET) and Wolfe FinTech Forum 2026 (fireside chat March 10 at 10:15 a.m. ET), and will host one‑on‑one meetings; meeting requests go to the company’s investor relations email.
Dave (Nasdaq: DAVE) reported preliminary, unaudited results for Q4 and full-year 2025 and expects to file audited results and its Form 10-K on March 2, 2026, at 5:00pm ET. Q4 net operating revenues were roughly $164M and Adjusted EBITDA about $73M, beating guidance midpoints. The company expects FY2025 net operating revenues of ~$554M and Adjusted EBITDA of ~$227M, representing ~60% and ~162% increases versus 2024, respectively. 4Q25 28DPD is expected at 1.95%–2.00%, outperforming prior guidance.
Dave (Nasdaq: DAVE) announced that Nima Khajehnouri has joined its Board of Directors effective January 20, 2026, and will serve on the Audit Committee. Mr. Khajehnouri brings over two decades of engineering leadership, currently serving as Vice President of Engineering at Meta and previously at Google and Snap.
The appointment coincides with Imran Khan stepping down from the Board and board leadership changes: Mike Pope named Lead Independent Director and Andrea Mitchell appointed Chair of the Nominating and Corporate Governance Committee.
Dave (Nasdaq: DAVE) announced a $250,000 donation to Baby2Baby on December 9, 2025 to support families in need across the U.S.
The contribution supported Baby2Baby’s 2025 Gala, which raised a record $18.5 million. Dave said the gift advances its charitable programing and brings the company’s lifetime giving to nearly $22 million. Baby2Baby aims to reach 1 million children and has distributed more than 500 million essential items while responding to over 100 disasters.
Dave (Nasdaq: DAVE) reported Q3 2025 revenue of $150.8M, up 63% Y/Y, with record ARPU and accelerating MTM growth. Adjusted net income rose to $61.6M (+193% Y/Y) and Adjusted EBITDA was $58.7M (+137% Y/Y). ExtraCash originations grew 49% to $2.0B and ExtraCash monetization rate net of losses reached 4.8% (up 45 bps). GAAP net income was $92.0M. Liquidity was $93.6M as of Sept 30, 2025, after $25M of share repurchases. The company raised 2025 guidance to $544–$547M revenue and $215–$218M Adjusted EBITDA. Management highlighted improvements from CashAI v5.5 and stronger unit economics.
Dave (Nasdaq: DAVE) announced the appointment of Parker Barrile as Chief Product Officer, effective November 10, 2025. Barrile brings executive product experience from Prosper and LinkedIn and spent nine years as a partner at Norwest, where he led Dave’s Series B fundraise and served on the company board. He will report to CEO Jason Wilk and lead Dave’s product, design, and operations teams.
His remit includes broadening Dave’s suite of financial products and strengthening its AI and credit capabilities to support future growth and profitability. Barrile and Wilk both emphasized alignment with Dave’s mission to build products that level the financial playing field for everyday Americans.
Dave (Nasdaq: DAVE) will hold its Third Quarter 2025 conference call on Tuesday, November 4, 2025 at 8:30 a.m. ET to discuss financial results for the quarter ended September 30, 2025. The company will issue a press release with results earlier that day, followed by management commentary and a Q&A session.
Dial-in numbers and a webcast link are provided, and a replay and transcript will be posted in the Events section at https://investors.dave.com. For registration or connection issues, contact Elevate IR at DAVE@elevate-ir.com.