BM Technologies, Inc. (BMTX)
Market Cap | 18.46M |
Revenue (ttm) | 55.25M |
Net Income (ttm) | -17.33M |
Shares Out | 12.06M |
EPS (ttm) | -1.50 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 17,461 |
Open | 1.710 |
Previous Close | 1.650 |
Day's Range | 1.470 - 1.710 |
52-Week Range | 1.410 - 3.850 |
Beta | -0.01 |
Analysts | Strong Buy |
Price Target | 6.75 (+341.18%) |
Earnings Date | Apr 3, 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]
Financial Performance
In 2023, BMTX'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 StatementsAnalyst 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 341.18% from the latest price.
News
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...
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 ...
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...
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-...
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...
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, ...
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 ...
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...
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-...
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...
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...
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...
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...
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:...
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...
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...
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...
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 / ...
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 ...
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...
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...
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...
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...
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...
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...