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BMTX

BM Technologies Inc.

Finance

Major Banks

Nasdaq

as 04-12-2024 11:18am EST

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BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full-service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. The company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spending, transactions, etc.) and may be paid or passed through by customer banks, universities, or paid directly by customers.

Founded: 2015 Country:
United States
United States
Employees: N/A City: WAYNE
Market Cap: 18.4M IPO Year: N/A
Target Price: $6.75 AVG Volume (30 days): 13.7K
Analyst Decision: Strong Buy Number of Analysts: 3
Dividend Yield: N/A Dividend Payout Frequency: N/A
EPS: -1.50 EPS Growth: N/A
52 Week Low/High: $1.41 - $3.85 Next Earning Date: 04-03-2024
Revenue: $55,252,000 Revenue Growth: -33.91%
Revenue Growth (this year): 31.72% Revenue Growth (next year): N/A

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