Green Dot Corp.
0.0 %
1.44 %
Yet to be announced
Company Overview
Green Dot Corporation is a financial technology and bank holding company that provides reloadable prepaid debit cards, banking services, and money processing solutions in the United States. The company operates through two segments: Consumer Services and Business to Business Services (B2B). They offer various products including prepaid cards, debit cards, consumer and small business checking accounts, secured credit cards, payroll debit cards, and money processing services.
Revenue Sources
Based on SEC filings and financial data, Green Dot's primary revenue streams come from transaction fees, monthly account service charges, interchange fees, and interest earned from permissible banking activities. These sources are generally halal as they represent fees for actual services provided. The company does not derive significant revenue from gambling, alcohol, tobacco, or other prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $409.74m | $412.68m | - | - | 0.00% | 0.00% |
| June 30, 2024 | $407.12m | $492.14m | - | - | 0.00% | 0.00% |
| March 31, 2024 | $451.99m | $509.71m | - | $1.46m | 0.00% | 0.29% |
| Dec. 31, 2023 | $366.04m | $497.08m | - | - | 0.00% | 0.00% |
Looking at the last four quarters of financial data, interest expenses have been minimal or zero for most quarters, with only one quarter showing an interest expense of $1.457 million against total expenses of $509.715 million (0.29%). This represents an insignificant portion of the company's expenses and is well below the threshold for concern.
Operational Ethics
Based on available information from SEC filings and company reports, Green Dot Corporation operates primarily in the United States and does not have significant operations or partnerships with entities in Israel or direct ties to the Chinese Communist Party. No evidence has been found of material ongoing associations with human rights violators.
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