Every 8-K that Green Dot Corp (GDOT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GDOT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GDOT filings page.
Green Dot Corporation reported second quarter 2026 results with total operating revenues of $595.9 million, up 18% from the prior-year quarter, driven primarily by strong growth in B2B Services and continued momentum in its tax and embedded finance businesses. The company recorded a GAAP net loss of $2.1 million, a substantial improvement from a $47.0 million loss a year earlier, while adjusted EBITDA declined 12% to $40.2 million and the adjusted EBITDA margin compressed to 6.8% from 9.1%.
For the first six months of 2026, non-GAAP total operating revenues rose 18% to $1.24 billion and adjusted EBITDA increased 5% to $142.6 million, supported by nearly 18% year-to-date revenue growth in the tax business and higher BaaS activity. Consumer Services continued to face headwinds from retail channel pressure and lower direct marketing, leading to lower segment profit and margins, while Money Movement and B2B showed healthier trends. Total assets were $6.19 billion and deposits $4.64 billion as of June 30, 2026, with approximately $56 million of cash at the holding company.
The company is progressing toward its previously announced proposed transactions under which affiliates of Smith Ventures would acquire and privatize Green Dot’s non-bank fintech business and CommerceOne would acquire Green Dot Bank. Shareholder approvals and early termination of the Hart-Scott-Rodino waiting period have been obtained, and regulatory applications have been filed with U.S. bank authorities. Pending completion of these transactions and related regulatory approvals, Green Dot is not hosting an earnings call or providing 2026 financial guidance, and continues to invest in platform modernization, regulatory infrastructure, and balance sheet optimization.
Green Dot Corporation stockholders approved key proposals supporting a planned strategic transaction with CommerceOne Financial Corporation and Smith Ventures. As of the May 15, 2026 record date, 56,682,705 shares of Green Dot common stock were outstanding, and 41,062,043 shares (72.44%) were represented at the virtual special meeting, constituting a quorum.
The merger proposal received 40,869,891 votes for, 139,918 against and 52,234 abstentions, with votes in favor representing more than 99% of votes cast. The separation proposal received 40,709,555 votes for, 300,237 against and 52,251 abstentions, also above 99% support among votes cast.
Following the Mergers and related Separation Agreement, CommerceOne will acquire Green Dot Bank and form a new publicly traded bank holding company owning CommerceOne Bank and Green Dot Bank, while Smith Ventures will acquire and privatize Green Dot’s non‑bank fintech operations. Green Dot Bank is expected to serve as exclusive issuing bank to the independent fintech under a long‑term agreement. The parties expect closing in the third quarter of 2026, subject to approvals from the Federal Reserve, the Alabama State Banking Department, the Utah Department of Financial Institutions and other customary conditions.
Green Dot Corporation reported strong first quarter 2026 results while progressing toward its planned split-up and sale to Smith Ventures and CommerceOne. GAAP total operating revenues were $656.2M, up 17% from Q1 2025, driven mainly by B2B and Money Movement Services. GAAP net income more than doubled to $53.8M, with diluted EPS rising to $0.93 from $0.47. On a non-GAAP basis, total operating revenues were $652.0M, up 17%, adjusted EBITDA reached $102.4M, up 13%, and non-GAAP diluted EPS increased to $1.12 from $1.06. Segment revenue rose 22% in B2B Services and 19% in Money Movement Services, while Consumer Services revenue fell 9% and segment profit declined 24% amid retail and direct-to-consumer headwinds. Total assets grew to $6.65B and deposits to $4.53B as of March 31, 2026. In light of the pending transactions with Smith Ventures and CommerceOne, Green Dot is not hosting an earnings call or providing 2026 guidance.
Green Dot Corporation approved a new bonus opportunity for CEO William I. Jacobs tied to the company’s pending merger. The Compensation Committee authorized a one-time discretionary cash bonus of up to $1,250,000 for his service from January 8, 2026 through the merger closing.
To be eligible, Mr. Jacobs must continue serving as CEO through the closing of the proposed merger under the Agreement and Plan of Merger dated November 23, 2025. The Committee will determine the actual bonus amount immediately before closing based on his and the company’s performance, and any bonus will be paid when he ceases serving as CEO in connection with the closing.
Green Dot Corporation reported strong revenue growth but lower profitability for Q4 and full-year 2025 while progressing toward a planned break-up transaction. Q4 total operating revenues rose to $522.6M, up 15% year over year, and full-year revenues reached $2.08B, up 21%.
The company recorded a Q4 net loss of $46.8M and a full-year net loss of $98.9M, driven partly by higher processing costs and losses in equity method investments. Adjusted EBITDA fell 68% in Q4 to $14.0M, but increased 5% for 2025 to $173.6M, marking its first year of adjusted EBITDA growth since 2022. Non-GAAP diluted EPS was $(0.08) in Q4 and $1.41 for the year.
B2B Services led growth, with Q4 segment revenue up 24% to $385.6M, while Consumer Services revenue declined 18% to $87.6M amid lower retail and direct-to-consumer activity. Money Movement Services revenue grew 16% to $34.4M but segment profit dropped 46% due to launch costs for a new tax partner.
As of December 31, 2025, total assets were $6.0B and deposits were $4.42B, with approximately $60M of cash at the holding company. Green Dot highlighted its previously announced agreements under which Smith Ventures would acquire and privatize its non-bank fintech business and CommerceOne would acquire Green Dot Bank, with the bank expected to serve as exclusive sponsor bank to the fintech business. These transactions remain subject to shareholder and regulatory approvals, and the company is not hosting an earnings call or providing 2026 guidance while the deals are pending.
Green Dot Corporation reported a leadership update. The board of directors has made permanent the executive roles that William I. Jacobs and Chris Ruppel had been holding on an interim basis since March 2025. Effective January 6, 2026, Jacobs was appointed Chief Executive Officer of Green Dot Corporation. On the same date, Ruppel was appointed President of Green Dot Corporation and also Chief Executive Officer and President of Green Dot Bank. This change formalizes the company’s top leadership structure after an interim period.
Green Dot Corporation (GDOT) announced a complex transaction in which it will merge with CommerceOne Financial Corporation and later separate its bank and fintech operations. Under the Merger Agreement, each share of Green Dot common stock will be converted into 0.2215 shares of New CommerceOne common stock plus $8.11 in cash (the Merger Consideration), subject to standard adjustments.
After two initial mergers, CommerceOne will combine into New CommerceOne, which will be renamed CommerceOne Financial Corporation. Following these mergers, Green Dot will convert into a limited liability company, distribute Green Dot Bank stock to a New CommerceOne subsidiary, and sell its non‑bank fintech business to Green Dot OpCo, LLC, an affiliate of Smith Ventures. The deals require Green Dot and CommerceOne stockholder approvals, multiple regulatory approvals, an effective Form S‑4, and satisfaction of conditions in both the Merger and Separation Agreements.
The agreements include mutual covenants, non‑solicitation provisions, outside dates of November 23, 2026 with possible 90‑day extensions, and termination fees, including $27 million payable by Green Dot to CommerceOne in certain circumstances and $40 million payable by OpCo to Green Dot if specific failures occur.
Green Dot Corporation filed an 8-K describing a planned merger and corporate separation involving CommerceOne Financial Corporation and Smith Ventures LLC. Under an Agreement and Plan of Merger dated November 23, 2025, two merger subsidiaries of a new holding company, New CommerceOne, will merge into CommerceOne and Green Dot, after which CommerceOne will merge into New CommerceOne, which will be renamed “CommerceOne Financial Corporation.”
Separately, under a Separation Agreement signed the same day, Green Dot OpCo, LLC, an affiliate of Smith Ventures, will acquire Green Dot’s non-bank financial technology and related assets and operations following the initial mergers. Green Dot, CommerceOne and Smith Ventures also released a joint press release and investor presentation outlining the proposed transactions, and they highlight numerous regulatory, integration, approval and execution risks, including potential dilution from new combined company stock to be registered on a planned Form S-4.
Green Dot Corporation reported it issued a press release announcing financial results for the quarter ended September 30, 2025. The company furnished the release as Exhibit 99.01 to an 8-K filed under Item 2.02 (Results of Operations and Financial Condition). The company states the information is furnished and not deemed filed under Section 18 of the Exchange Act or incorporated by reference unless specifically noted.
Green Dot Corporation furnished a Current Report on Form 8-K dated August 11, 2025 to announce that it issued a press release containing its financial results for the quarter ended June 30, 2025. The filing lists Exhibit 99.01 as the press release and Exhibit 104 as the Inline XBRL cover page. The report states that the furnished information is not deemed "filed" under Section 18 of the Exchange Act and is incorporated by reference only if expressly stated in a later filing. The Form 8-K is signed by Jess Unruh, Chief Financial Officer.
Green Dot Corporation has announced key compensation details for interim CEO Mr. Jacobs, extending his service through January 7, 2026. The compensation package includes:
- Monthly Compensation: $50,000 base salary plus potential $60,000 monthly service award in cash
- Equity Grant: 131,717 restricted stock units (RSUs) vesting on June 19, 2026
- One-Time Bonus Opportunity: Up to $1,750,000 payable in cash or Class A common stock
The RSUs include accelerated vesting provisions for qualifying terminations and corporate transactions. The one-time bonus will be evaluated based on strategic execution, potential corporate transaction progress, company performance, and leadership transition effectiveness. This compensation structure suggests Green Dot is potentially exploring strategic alternatives while maintaining stable interim leadership.