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. reports developments as a U.S. neobank and fintech company offering app-based banking services, financial insights, overdraft protection, short-term liquidity through ExtraCash, credit-building tools, fee-free banking features, and financial management resources. Recurring updates center on member growth, monthly transacting members, average revenue per user, ExtraCash originations, monetization net of losses, 28-day past-due rates, and Dave Debit Card spend.
Company news also covers CashAI underwriting, product development, quarterly and annual results, guidance, investor conference activity, board and committee changes, and capital actions such as convertible notes, capped call transactions, and share repurchases.
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.
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.