BM Technologies, Inc. (BMTX)

NYSEAMERICAN: BMTX · Real-Time Price · USD
4.770
+0.020 (0.42%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.42%
Market Cap 57.66M
Revenue (ttm) 57.30M
Net Income (ttm) -13.04M
Shares Out 12.09M
EPS (ttm) -1.12
PE Ratio n/a
Forward PE 159.00
Dividend n/a
Ex-Dividend Date n/a
Volume 120,351
Open 4.740
Previous Close 4.750
Day's Range 4.730 - 4.775
52-Week Range 1.450 - 4.870
Beta 0.18
Analysts Buy
Price Target 6.70 (+40.46%)
Earnings Date Nov 14, 2024

About BMTX

BM Technologies, Inc., a financial technology company, facilitates deposits and banking services between a customer and its partner banks in the United States. It offers digital banking and disbursement services to consumers and students through a full service fintech banking platform. The company was formerly known as BankMobile Technologies, Inc. and changed its name to BM Technologies, Inc. in January 2021. BM Technologies, Inc. was founded in 2015 and is headquartered in Wayne, Pennsylvania. [Read more]

Sector Technology
Founded 2015
Employees 200
Stock Exchange NYSEAMERICAN
Ticker Symbol BMTX
Full Company Profile

Financial Performance

In 2023, BM Technologies's revenue was $55.25 million, a decrease of -33.91% compared to the previous year's $83.60 million. Losses were -$17.33 million, 2124.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BMTX stock is "Buy." The 12-month stock price forecast is $6.7, which is an increase of 40.46% from the latest price.

Price Target
$6.7
(40.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BM Technologies Reports Third Quarter & Year-to-Date 2024 Results

Year-to-Date 2024 Revenue of $42.8 Million, Up 6% YoY BM Technologies to be Acquired by First Carolina Bank for $5 per share in cash RADNOR, PA / ACCESSWIRE / November 14, 2024 / BM Technologies, Inc....

6 days ago - Accesswire

BM Technologies (BMTX) Wins Tech & Learning Award of Excellence for Back-to-School 2024

Honored for Delivering Cutting-Edge Solutions-BankMobile Disbursements and BankMobile Vibe-That Address Key Challenges in Higher Education for Schools and Students RADNOR, PA / ACCESSWIRE / November 6...

14 days ago - Accesswire

BM TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BM Technologies, Inc. - BMTX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of BM Technologies,...

22 days ago - Business Wire

BM Technologies to be Acquired by First Carolina Bank for $67 Million

BM Technologies Stockholders to Receive $5.00 Per Share in Cash, Representing 55% Premium to Market RADNOR, PA / ACCESSWIRE / October 25, 2024 / BM Technologies, Inc. (NYSE American:BMTX) ("the Compan...

26 days ago - Accesswire

BM Technologies (BMTX) Unveils Advanced Identity Verification Service for Colleges and Universities

Safeguarding Student Enrollment and Upholding Higher Education Institution Integrity with BMTX Identity Verification™ (IDV) RADNOR, PA / ACCESSWIRE / October 16, 2024 / BM Technologies, Inc. (NYSE Ame...

5 weeks ago - Accesswire

Jamie Donahue, President and CTO of BM Technologies (BMTX), to Speak at Finovate Fall and MoneyLIVE North America

Donahue to Discuss Breakthroughs in FinTech Innovation with Industry Leaders RADNOR, PA / ACCESSWIRE / September 10, 2024 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banki...

2 months ago - Accesswire

BM Technologies, Inc. (BMTX) Q2 2024 Earnings Call Transcript

BM Technologies, Inc. (NYSE:BMTX) Q2 2024 Results Conference Call August 15, 2024 9:00 AM ET Company Participants Brian Prenoveau - Investor Relations Luvleen Sidhu - Co-Founder, Chairman and Chief E...

3 months ago - Seeking Alpha

BM Technologies Reports Second Quarter & First Half 2024 Results

First Half 2024 Revenue of $28.7 Million, Up 10% YoY Q2 2024 Interchange and Card Revenue Increased 57% YoY Growth Initiatives Launched with Cash Back Rewards Engine & 15 Identity Verification (IDV) P...

3 months ago - Accesswire

BM Technologies (BMTX) Wins Gold for "EdTech Company of the Year" in 2024 STEVIE(R) Awards

Recognized for Outstanding Achievements in Advancing Technology Solutions within the EdTech Sector, with a Focus on Enhancing the Higher Education Landscape for Both Schools and Students RADNOR, PA / ...

3 months ago - Accesswire

BM Technologies to Announce Q2 2024 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / August 12, 2024 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the co...

3 months ago - Accesswire

Endless Earning, Unlocked: BM Technologies (BMTX) Introduces Cash Back Offers for BankMobile Vibe in Collaboration with Kard

BMTX Enhances Customer Banking Experience with Rewards-as-a-Service API, Providing Seamless Cash Back Opportunities, Unlimited Offers, and Access to Over 50,000 Top Merchant Locations Nationwide RADNO...

4 months ago - Accesswire

BM Technologies, Inc. (BMTX) Q1 2024 Earnings Call Transcript

BM Technologies, Inc. (NYSE:BMTX) Q1 2024 Earnings Conference Call May 16, 2024 9:00 AM ET Company Participants Brian Prenoveau - IR Luvleen Sidhu - CEO Ajay Asija - CFO Jamie Donahue - President and...

6 months ago - Seeking Alpha

BM Technologies Reports First Quarter 2024 Results

Revenues and EBITDA Reflect Significant Improvement Year over Year Q1 2024 Revenue of $16.2 Million, Net Income of $0.7 Million Q1 2024 Core EBITDA of $1.4 Million RADNOR, PA / ACCESSWIRE / May 15, 20...

6 months ago - Accesswire

BM Technologies to Announce Q1 2024 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / May 13, 2024 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the count...

6 months ago - Accesswire

BM Technologies Reports Fourth Quarter & Full Year 2023 Results

Full year 2023 Revenue $55.3 Million Transfer of Higher Education Deposits to First Carolina Bank ( " FCB ") in December Increased Annualized Interchange Fees by 20 Basis Points RADNOR, PA / ACCESSWI...

8 months ago - Accesswire

CORRECTION: BM Technologies to Announce Q4 and Full Year 2023 Earnings and Host Webcast

This press release corrects the date of the earnings release and call to April 3, 2024 RADNOR, PA / ACCESSWIRE / April 1, 2024 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the ...

8 months ago - Accesswire

BM Technologies to Announce Q4 and Full Year 2023 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / April 1, 2024 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the coun...

8 months ago - Accesswire

BM Technologies (BMTX) Announces CFO Transition, Welcoming Ajay Asija to the Leadership Team

Ajay Asija will assume the role on April 1, 2024 RADNOR, PA / ACCESSWIRE / February 7, 2024 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-...

10 months ago - Accesswire

BM Technologies (BMTX) Champions Campus Excellence and Announces 2023 ACE Award and Partnership Winners

BMTX Commends Colleges and Universities that Achieve Campus Efficiency (ACE), Security, and Student Service RADNOR, PA / ACCESSWIRE / January 25, 2024 / BM Technologies, Inc. (NYSE American:BMTX), one...

10 months ago - Accesswire

BM Technologies, Inc. (BMTX) Q3 2023 Earnings Call Transcript

BM Technologies, Inc. (NYSE:BMTX) Q3 2023 Earnings Conference Call November 20, 2023 5:00 PM ET Company Participants Brian Prenoveau - IR Luvleen Sidhu - CEO Jim Dullinger - CFO Conference Call Parti...

1 year ago - Seeking Alpha

BM Technologies Reports Third Quarter & Year-to-Date 2023 Results

Year-to-Date 2023 Revenue $41.2 Million Transfer of Higher Education Deposits to First Carolina Bank ("FCB") in December Expected to Result in Increased Revenue RADNOR, PA / ACCESSWIRE / November 20, ...

1 year ago - Accesswire

BM Technologies to Announce Q3 2023 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / November 14, 2023 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the ...

1 year ago - Accesswire

BM Technologies Announces Purdue University Student as Recipient of 2023 BMTX Annual Financial Empowerment Scholarship Provided by the BankMobile Foundation

Rachel Labi, Co-Founder of Building Financial Freedom (B.F.F), Recognized for Empowering Youth and Young Adults Worldwide with Financial Literacy RADNOR, PA / ACCESSWIRE / October 31, 2023 / BM Techno...

1 year ago - Accesswire

BM Technologies: Deep Value Turnaround

BM Technologies is a fintech company that facilitates deposits and banking services between customers and partner banks. BMTX has immediate catalysts that will drive earnings power. Cash and other ass...

1 year ago - Seeking Alpha

BM Technologies, Inc. (BMTX) Q2 2023 Earnings Call Transcript

BM Technologies, Inc. (NYSE:BMTX) Q2 2023 Earnings Conference Call August 22, 2023 5:00 PM ET Company Participants Brian Prenoveau - Investor Relations Luvleen Sidhu - Chief Executive Officer Jim Dul...

1 year ago - Seeking Alpha