DAVE INC Stock Price, News & Analysis

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.

Dave (NASDAQ:DAVE), a leading U.S. neobank, has confirmed that the recent data access agreement between Plaid and JP Morgan will not affect Dave's existing agreement or pricing structure with Plaid. CEO Jason Wilk characterized this development as a significant win for consumers who rely on fintech services like Dave to create innovative products using cash flow data.

Dave operates as a neobank and fintech pioneer, leveraging disruptive technologies to deliver premium banking services at competitive prices compared to traditional banks. The company serves millions of Americans through its digital banking platform.

Dave (NASDAQ:DAVE), a leading U.S. neobank, has announced the full implementation of CashAI v5.5, its latest AI-driven cash flow underwriting engine. The new version nearly doubles the feature set compared to previous models and has been trained on over 7 million ExtraCash™ originations.

Early results show improved risk ranking capabilities, leading to higher approval amounts, stronger conversion rates, and lower delinquency rates compared to Q2 2025. CashAI leverages insights from 150 million ExtraCash™ originations and billions of bank transactions, creating a significant competitive advantage in consumer credit underwriting.

The company expects the full benefits of v5.5 to be reflected in Q4 2025 and beyond, with only modest impact in Q3 2025. The update aims to expand ExtraCash™ access while improving credit performance and gross profit margins.

Dave Inc. (Nasdaq: DAVE) has expanded its share repurchase authorization to $125 million, replacing the previous $50 million program announced in March 2025. Since its Q2 earnings report on August 6th, the company has already deployed $25 million for stock buybacks.

Year-to-date, Dave has invested over $45 million in share repurchases and RSU net settlements. The company's COO and CFO Kyle Beilman emphasized their confidence in the business model's durability and positive outlook, citing a strong balance sheet and robust free cash flow generation potential.

The repurchase program allows for various execution methods, including open market and private transactions, with timing and amount determined by market conditions and other factors.

Dave Inc. (NASDAQ:DAVE), a leading neobank, reported exceptional Q2 2025 financial results with significant growth across key metrics. Revenue surged 64% year-over-year to $131.7 million, while net income increased 42% to $9.1 million. The company achieved record Adjusted EBITDA of $50.9 million, representing a 39% margin.

Key operational metrics showed strong performance with Monthly Transacting Members up 16% to 2.6 million. ExtraCash originations grew 51% to $1.8 billion, and Dave Debit Card spend increased 27% to $493 million. The company's customer acquisition cost averaged $19 per new member.

Following these strong results, Dave raised its 2025 guidance, projecting revenue of $505-515 million (46-48% growth) and Adjusted EBITDA of $180-190 million (108-120% growth). The company ended Q2 with $104.7 million in cash and equivalents, up from $89.7 million in Q1.

Dave (Nasdaq: DAVE), a leading neobank, has announced its participation in three major investor conferences in August 2025:

• Oppenheimer Technology Conference (Virtual) - Presenting on August 11 at 3:45pm ET
• Canaccord Genuity Growth Conference (Boston) - Fireside chat on August 13 at 9:00am ET
• Needham FinTech Conference (Virtual) - 1x1 meetings on August 14

Investors can access presentations through Dave's investor relations website at investors.dave.com or contact DAVE@elevate-ir.com to schedule meetings.

Dave (NASDAQ:DAVE), a leading neobank, has scheduled its second quarter 2025 earnings conference call for Wednesday, August 6, 2025, at 8:30 a.m. ET. The company will release its financial results for Q2 2025 (ended June 30) via press release before the conference call.

Investors can access the call through the toll-free number (866) 652-5200 or international number (412) 317-6060. A webcast will be available, and a replay of the call along with its transcript will be accessible in the Events section of Dave's investor relations website.

Dave (NASDAQ:DAVE), a leading neobank, has announced the promotion of Kyle Beilman to the dual role of Chief Financial Officer and Chief Operating Officer, effective July 11, 2025. Beilman has been instrumental in driving the company's financial success, profitability, and operational efficiency.

In his expanded role, Beilman will continue overseeing financial strategy while leveraging his demonstrated ability to foster innovation and operational excellence. CEO Jason Wilk praised Beilman's leadership and strategic contributions across multiple departments, highlighting his significant impact on the company's continued success.