BM Technologies, Inc. (BMTX)

NYSEAMERICAN: BMTX · IEX Real-Time Price · USD
1.850
+0.090 (5.11%)
Mar 1, 2024, 4:00 PM EST - Market closed
5.11%
Market Cap 21.96M
Revenue (ttm) 56.90M
Net Income (ttm) -17.55M
Shares Out 11.87M
EPS (ttm) -1.51
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 18,674
Open 1.760
Previous Close 1.760
Day's Range 1.721 - 1.850
52-Week Range 1.410 - 3.920
Beta 0.04
Analysts Strong Buy
Price Target 6.75 (+264.87%)
Earnings Date Mar 25, 2024

About BMTX

BM Technologies, Inc. operates as a financial technology (fintech) company in the United States. 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 insured bank. The company, through its fintech banking platform, offers digital banking and disbursement services to consumers and students through digital channels. The company was formerly known as BankMobile Technologies, Inc. and changed its name to BM Technologies, Inc. in ... [Read more]

Sector Technology
Founded 2015
Employees 275
Stock Exchange NYSEAMERICAN
Ticker Symbol BMTX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BMTX stock is "Strong Buy." The 12-month stock price forecast is $6.75, which is an increase of 264.87% from the latest price.

Price Target
$6.75
(264.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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-...

25 days 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...

5 weeks ago - Accesswire

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, ...

3 months 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 ...

3 months 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...

4 months ago - Accesswire

BM Technologies Reports Second Quarter & First Half 2023 Results

RADNOR, PA / ACCESSWIRE / August 22, 2023 / BM Technologies, Inc. (NYSE American:BMTX) ("BM Technologies", "BMTX", "we", or the "Company"), one of the largest digital banking platforms and Banking-as-...

6 months ago - Accesswire

BM Technologies to Announce Q2 2023 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / August 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 co...

7 months ago - Accesswire

BM Technologies, Inc. (BMTX) Announces Renowned Digital Marketing Expert Michael Pavone as New Board Member

RADNOR, PA / ACCESSWIRE / July 20, 2023 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, is thrilled to announce th...

8 months ago - Accesswire

BM Technologies (NYSE: BMTX) Announces Acquisition of Envel, Inc.'s Software Technology

- Opportunistic technology acquisition enhances BMTX's features and capabilities - RADNOR, PA / ACCESSWIRE / June 20, 2023 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital bank...

9 months ago - Accesswire

BM Technologies (NYSE:BMTX) Wins Tearsheet's Big Bank Theory Award for Best Banking-as-a-Service Platform and FinTech Futures Banking Tech Awards USA for Excellence in Tech for Best Embedded Finance System—as-a-Service

Luvleen Sidhu, Chair CEO, and Founder of BM Technologies (BMTX), Also Highly Commended for Fintech Futures Women in Technology Software & Services Provider Leadership Award RADNOR, PA / ACCESSWIRE / J...

9 months ago - Accesswire

BM Technologies Announces First Quarter 2023 Results

Q1 2023 Revenue $13.5 million  Continued Progress on Profit Enhancement Plan ("PEP")  Reiterates 2023 Financial Outlook RADNOR, Pa. , May 22, 2023 /PRNewswire/ -- BM Technologies, Inc. (NYSE American:...

10 months ago - PRNewsWire

Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies (NYSE: BMTX), Named Winner of Fintech Nexus 2023 "Executive of the Year" Award

Sidhu Joins Industry Leaders to also speak in Panel Discussion at Fintech Nexus USA about Changing the Embedded Finance Innovation Roadmap RADNOR, Pa. , May 10, 2023 /PRNewswire/ -- BM Technologies, I...

10 months ago - PRNewsWire

BM Technologies to Announce First Quarter 2023 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / May 10, 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 count...

10 months ago - Accesswire

BM Technologies (NYSE:BMTX) Wins 2023 FinTech Breakthrough Award for Best Banking Infrastructure Software

RADNOR, PA / ACCESSWIRE / April 10, 2023 / BM Technologies, Inc.(NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, was selected as a winner i...

11 months ago - Accesswire

BM Technologies Strengthens Management Team to Position for the Next Phase of Growth

Raj Singh, a Veteran Financial Services Executive, Named as Co-CEO Jamie Donahue Promoted to President and Jim Dullinger Promoted to Chief Financial Officer RADNOR, PA / ACCESSWIRE / March 27, 2023 / ...

1 year ago - Accesswire

BM Technologies Secures New Bank Partner and Extends Key Partnerships; New Variable Pricing Structure Benefits Revenues

Two Year Extension of Existing and Largest BaaS Partnership New Bank Partnership with First Carolina Bank for Higher Education Business New Agreement with Customers Bank for Existing and Largest BaaS ...

1 year ago - Accesswire

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), Nominated for The Global Association of Women in Payments Award

RADNOR, PA / ACCESSWIRE / March 13, 2023 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, announced that Luvleen Si...

1 year ago - Accesswire

BM Technologies, Inc. to Announce Fourth Quarter and Fiscal Year 2022 Earnings and Host Audio Webcast on March 27, 2023

RADNOR, PA / ACCESSWIRE / February 23, 2023 / BM Technologies, Inc. (NYSE American:BMTX) ("BM Technologies," "BMTX," "we," or the "Company"), one of the largest digital banking platforms and Banking-a...

1 year ago - Accesswire

BM Technologies (BMTX) Honors 2022 ACE Award and Partnership Winners

Award Recognizes BMTX Colleges and Universities that Achieve Campus Efficiency (ACE), Security, and Student Service RADNOR, PA / ACCESSWIRE / February 13, 2023 / BM Technologies, Inc. (NYSE American:B...

1 year ago - Accesswire

BM Technologies Cuts 25% of Workforce Amid ‘New Market Realities'

Philadelphia-area digital banking platform BM Technologies (BMTX) is set to cut 25% of its staff. The layoffs are part of what the company called a “profit enhancement plan” that will save BMTX $15 mi...

1 year ago - PYMNTS

BM Technologies, Inc. Announces Profit Enhancement Plan and Changes to Management and Directors

Launch of Targeted Plan to Improve Performance with approximately $15 Million of Expected 2023 Cost Savings Jamie Donahue Elected President and James Dullinger Elected Chief Financial Officer Investme...

1 year ago - Accesswire

BM Technologies Announces Update to Partner Bank Strategy and Mutual Termination of Merger with First Sound; Board Authorizes $10 Million Repurchase Plan

RADNOR, PA / ACCESSWIRE / December 23, 2022 / BM Technologies, Inc. (NYSE American:BMTX) ("BM Technologies," "BMTX," "we," or the "Company"), one of the largest digital banking platforms and Banking-a...

1 year ago - Accesswire

BM Technologies Announces University of North Carolina at Chapel Hill Student as Recipient of 2022 BMTX Annual Financial Empowerment Scholarship Provided by the BankMobile Foundation

RADNOR, PA / ACCESSWIRE / December 13, 2022 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, today announced that i...

1 year ago - Accesswire

BM Technologies (NYSE:BMTX) Announced as Finalist for Best Banking Service Partner and Banking-as a-Service Platform in 2022 Tearsheet Awards

RADNOR, PA / ACCESSWIRE / December 8, 2022 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, was selected as a final...

1 year ago - Accesswire

How BM Technologies (BMTX) is Bringing Banking to Brands

With an Obsession for Customer Service, BMTX is Helping Brands Launch New Features for Customers RADNOR, PA / ACCESSWIRE / December 6, 2022 / BM Technologies, Inc. (NYSE American:BMTX), one of the lar...

1 year ago - Accesswire