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) 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.
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.
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