Green Dot (Green Dot) Retained Earnings : $770 Mil (As of Dec. 2023)

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What is Green Dot Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Dot's retained earnings for the quarter that ended in Dec. 2023 was $770 Mil.

Green Dot's quarterly retained earnings declined from Jun. 2023 ($800 Mil) to Sep. 2023 ($794 Mil) and declined from Sep. 2023 ($794 Mil) to Dec. 2023 ($770 Mil).

Green Dot's annual retained earnings increased from Dec. 2021 ($699 Mil) to Dec. 2022 ($764 Mil) and increased from Dec. 2022 ($764 Mil) to Dec. 2023 ($770 Mil).

Green Dot Retained Earnings Historical Data

The historical data trend for Green Dot's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Green Dot Retained Earnings Chart

Green Dot Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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629.04

651.89

699.37

763.58

770.30

Green Dot Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															763.58	799.59	800.17	793.91	770.30

Green Dot Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Green Dot (NYSE:GDOT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Green Dot (Green Dot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Green Dot Corp (NYSE:GDOT) » Definitions » Retained Earnings

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Address

114 West 7th Street, Suite 240, Austin, TX, USA, 78701

Website

https://www.greendot.com

Green Dot Corp is a financial technology company that provides financial services for consumers in the United States without good banking options. Through its Account Services segment, the company offers GoBank mobile checking and Visa- or Mastercard-branded prepaid debit cards, both reloadable and non-reloadable. Green Dot also supplies private-label reloadable cards for Wal-Mart. Account services revenue is generated through monthly maintenance fees, ATM fees, new card fees, and interchange fees. The company's Processing and Settlement Services segment generates revenue through service fees on debit card reloads and tax refund processing. The tax refund processing business earns fees when customers of third-party tax preparers choose to pay the preparer's fee through Green Dot's service.

Executives

Michelleta Razon	director	114 WEST 7TH STREET, SUITE 240, AUSTIN TX 78701
Starboard Value Gp Llc	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Lp	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Jeffrey C Smith	10 percent owner, other: See Footnote 2	201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value R Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard X Master Fund Ltd	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value L Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund L Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Christian Devin Ruppel	officer: Chief Revenue Officer	114 W 7TH STREET,, SUITE 240, AUSTIN TX 78701