BM Technologies, Inc. (BMTX)

NYSEAMERICAN: BMTX · IEX Real-Time Price · USD
4.52
+0.01 (0.22%)
Jan 31, 2023, 4:00 PM EST - Market closed
0.22%
Market Cap 55.32M
Revenue (ttm) 93.65M
Net Income (ttm) -5.40M
Shares Out 12.24M
EPS (ttm) 1.04
PE Ratio 4.35
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 87,028
Open 4.51
Previous Close 4.51
Day's Range 4.51 - 4.64
52-Week Range 4.51 - 10.13
Beta -0.04
Analysts Buy
Price Target 11.22 (+148.23%)
Earnings Date Mar 29, 2023

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 9 analysts, the average rating for BMTX stock is "Buy." The 12-month stock price forecast is $11.22, which is an increase of 148.23% from the latest price.

Price Target
$11.22
(148.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 day 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 day 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 month 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 month 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 month 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...

2 months ago - Accesswire

BM Technologies (BMTX) Marks Computer Literacy Day by Supporting STEM Programs

BMTX Encourages Contributions to Digital Literacy Causes RADNOR, PA / ACCESSWIRE / December 2, 2022 / BM Technologies, Inc. (BMTX), one of the largest digital banking platforms and Banking-as-a-Servic...

2 months ago - Accesswire

Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies (NYSE:BMTX), Named as a 'Women in Technology' Finalist in the Fintech Futures 2022 Banking Tech Awards

RADNOR, PA / ACCESSWIRE / November 28, 2022 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, announced that Luvleen...

2 months ago - Accesswire

BM Technologies (BMTX) is Recognized by DefenseStorm with a Community of Trust Award

BMTX Marks Fraud Awareness Week with Fraud Prevention Tips for Consumers RADNOR, PA / ACCESSWIRE / November 17, 2022 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking pl...

2 months ago - Accesswire

BM Technologies Reports Third Quarter & Year-to-Date 2022 Results

Year-to-Date Revenue $67.9 Million; Net Income of $3.4 Million; Core EBITDA 1  of $16.4 Million RADNOR, Pa. , Nov. 15, 2022 /PRNewswire/ -- BM Technologies, Inc. (NYSE American: BMTX) ("BM Technologie...

2 months ago - PRNewsWire

Helix and BM Technologies Collaborate to Deliver Next-Generation Embedded Finance

AUSTIN, Texas--(BUSINESS WIRE)--Helix by Q2 (NYSE:QTWO), a cloud-native platform purpose-built for embedded finance, and BM Technologies, Inc. (NYSE American:BMTX), formerly known as BankMobile, have ...

Other symbols: QTWO
3 months ago - Business Wire

Best Momentum Stocks to Buy for October 17th

SNEX, TTE and BMTX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 17, 2022.

Other symbols: SNEXTTE
3 months ago - Zacks Investment Research

BM Technologies, Inc. (BMTX) Soars 7.4%: Is Further Upside Left in the Stock?

BM Technologies, Inc. (BMTX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strengt...

4 months ago - Zacks Investment Research

New Strong Buy Stocks for October 6th

PUBM, VSH, BMTX, SCOR and HYRE have been added to the Zacks Rank #1 (Strong Buy) List on October 6, 2022.

Other symbols: HYREPUBMSCORVSH
4 months ago - Zacks Investment Research

Best Value Stocks to Buy for October 6th

VSH, BMTX and TKR made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 6, 2022.

Other symbols: TKRVSH
4 months ago - Zacks Investment Research

Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies (NYSE: BMTX), Named as a Finalist for the US Fintech Awards 2022

RADNOR, PA / ACCESSWIRE / September 14, 2022 / BM Technologies, Inc. (NYSE American:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, announced that Luvlee...

4 months ago - Accesswire

Wall Street Analysts Predict a 206% Upside in BM Technologies, Inc. (BMTX): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 206% in BM Technologies, Inc. (BMTX). While the effectiveness of this highly sought-after metric is questionabl...

5 months ago - Zacks Investment Research

Wall Street Analysts Think BM Technologies, Inc. (BMTX) Could Surge 187%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 187.4% in BM Technologies, Inc. (BMTX). While the effectiveness of this highly sought-after metric is questiona...

5 months ago - Zacks Investment Research

BM Technologies Reports Record Second Quarter Results for Q2 2022

1H 2022 Net Income of $8.4 Million; Record Core EBITDA1 of $15.1 Million  Q2 2022 Average Serviced Deposits Increased 29% Year over Year RADNOR, Pa. , Aug. 16, 2022 /PRNewswire/ -- BM Technologies, In...

6 months ago - PRNewsWire

BM Technologies (BMTX) to Participate in Needham FinTech & Digital Transformation 1x1 Conference

RADNOR, PA / ACCESSWIRE / August 10, 2022 / BM Technologies, Inc. (NYSE American:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, announce...

6 months ago - Accesswire

BM Technologies to Announce Q2 2022 Earnings and Host Webcast

RADNOR, PA / ACCESSWIRE / August 10, 2022 / 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...

6 months ago - Accesswire

BM Technologies, Inc. (BMTX) Expands its Senior Leadership with the Appointment of Jason Swartley, General Counsel, Amanda Meyer, SVP, People, and Steve Lenderman, SVP, Executive of Global Loss Prevention & Fraud Management

Radnor, PA, July 29, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, announced the expansi...

6 months ago - GlobeNewsWire

BM Technologies (BMTX) Sponsors Program with Concepts for Adaptive Learning (Also Known as TechKno), Highlighting ESG Efforts

Radnor, PA, July 27, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (BMTX) today announced that it is a sponsor of the Concepts for Adaptive Learning (also known as TechKno) “build your own computer” ...

6 months ago - GlobeNewsWire

BM Technologies Engages KPMG LLP as Independent Registered Public Accounting Firm

Radnor, PA, July 25, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX) (the “Company”), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, repor...

6 months ago - GlobeNewsWire

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), Announced as a Greater Philadelphia Finalist for Ernst & Young (EY US) Entrepreneur Of The Year® 2022

RADNOR, Pa., June 14, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc . (NYSE American: BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, anno...

8 months ago - GlobeNewsWire