Financial Data and Key Metrics Changes - Consolidated non-GAAP revenue grew 19% to $358 million, with EBITDA at $63 million and non-GAAP EPS of $0.68 [7][29] - Contribution margins were strong, resulting in adjusted EBITDA growth [30] - Operating cash flow generated was $119 million year-to-date, with cash at the holding company at $172 million [33] Business Line Data and Key Metrics Changes Consumer Segment - Nearly 4 million active accounts and close to 1 million direct deposit accounts, with a 3% decline in active accounts year-over-year [11] - Purchase volume increased by 5%, and direct deposit accounts grew by 2% year-over-year [11][35] - Revenue in the Consumer Services segment grew 12% due to higher purchase volume [35] B2B Segment - Gross dollar volume increased by 43%, while purchase volume grew by 3% year-over-year [38] - Revenue in the B2B segment grew 47%, with a profit increase of $2 million or 11% [39] Money Movement Segment - Revenue increased by 1% year-over-year, driven by a 118% increase in tax refunds processed [41] - Segment profit increased by $10 million or 37% [42] Market Data and Key Metrics Changes - The tax refund processing business saw a significant rebound, with volumes recovering to flat year-to-date [41] - The number of cash transfers processed decreased by 18% due to the decision not to renew a significant reload partner [42] Company Strategy and Development Direction - The company is focused on investing in its modern banking platform and customer service tools, with expectations for significant returns [46][101] - The launch of GO2bank is a strategic initiative aimed at serving working Americans, with plans for continuous feature enhancements [78] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing strength and momentum of operations, despite challenges from stimulus timing and economic dynamics [7][26] - The company raised its annual guidance for revenue and earnings based on strong Q2 performance [43][44] Other Important Information - The DOJ approved the acquisition of Republic Bank's Tax Refund Business, expected to close in Q3 [22][33] - The company is committed to addressing the needs of low to moderate-income consumers through its product offerings [78] Q&A Session Summary Question: Insights on B2B services and revenue growth - Management highlighted strong gross dollar volume growth in B2B, driven by mature programs and new launches [52] Question: Impact of Walmart Money Card conversion to DDA accounts - The conversion is seen as a significant strategic shift, enhancing customer offerings and profitability [54][56] Question: GO2bank unit economics and break-even timeline - Management indicated a six-month payback period for direct deposit customers, with strong unit economics expected [65][67] Question: Direct deposit account growth expectations - Management anticipates consistent quarter-on-quarter growth in direct deposit accounts post-stimulus period [86][87] Question: Update on the modern banking platform - The bulk of the work on the modern banking platform is expected to be completed by Q2 2022 [92][93]

Non-GAAP Revenue Reconciliation - Total operating revenues for Q1 2021 were $393.5 million[2] - Non-GAAP total operating revenues for Q1 2021 were $379.8 million[2] - Net revenue adjustments for Q1 2021 were $13.7 million[2] Non-GAAP Net Income Reconciliation - Net income (loss) for Q1 2021 was $25.7 million[2] - Non-GAAP net income for Q1 2021 was $46.1 million[2] - Diluted earnings (loss) per share GAAP for Q1 2021 was $(0.45)[2] - Diluted earnings (loss) per share Non-GAAP for Q1 2021 was $0.83[2] Adjusted EBITDA Reconciliation - Adjusted EBITDA for Q1 2021 was $73.4 million[2] - Adjusted EBITDA margin for Q1 2021 was 19.3%[2] Shares Issued and Outstanding - Non-GAAP diluted weighted-average shares issued and outstanding for Q1 2021 was 55.7 million[2]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware ...

Green Dot Corporation (NYSE:GDOT) Q1 2021 Earnings Conference Call May 5, 2021 5:00 PM ET Company Participants Ali Lubert – Vice President-Communications Dan Henry – Chief Executive Officer Jess Unruh – Interim Chief Financial Officer and Chief Accounting Officer Conference Call Participants Bob Napoli – William Blair Damian Wille – Barclays Andrew Jeffrey – Truist Andrew Schmidt – Citi Steven Kwok – KBW Mike Grondahl – Northland Securities Operator Good day, and welcome to the Green Dot Corporation First Q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 95-47 ...

SUPPLEMENTAL FINANCIAL INFORMATION | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|--------------------|-------|-------|-------|----------------------------------------------------------------------------------------------------------------------------|-------|--------------------------------------|-------|---------------|--------------|-------|------------------------|-------|-------|----------------------------------------------------------------- ...

Financial Data and Key Metrics Changes - Non-GAAP revenue grew by 15% to $275 million in Q4 2020, with adjusted EBITDA increasing by 59% [34][9] - Non-GAAP EPS reached $0.31, reflecting a growth of 121% [9][34] - Operating cash flow generated was $207 million for the year, with cash at the holding company at year-end being $146 million [43] Business Line Data and Key Metrics Changes - The BaaS (Banking as a Service) business saw revenue growth driven by partnerships with companies like Amazon and Google, with significant new platform launches [16][18] - Retail operations launched new products like Pay As You Go, contributing to 17% incremental sales growth at Walmart [24][23] - The PayCard business delivered 6% revenue growth despite COVID-19 impacts, with expectations of 20% growth in 2021 [27][9] Market Data and Key Metrics Changes - Gross dollar volume increased due to higher active accounts and a second round of stimulus funds, adding approximately $570 million in late December [35][34] - Processing and Settlement Service revenue declined by 18% year-over-year due to reduced SimplyPaid disbursement transactions [37] - Interest income is expected to rise year-over-year as cash is invested in higher-yielding securities [51] Company Strategy and Development Direction - The company is focused on enhancing customer experience and updating core banking platforms to consolidate operations and reduce costs [28][52] - Investments are being made in the GO2bank product, which targets low- to moderate-income consumers, with promising initial results [14][48] - The strategy includes targeting small and micro businesses that traditional banks overlook, leveraging partnerships with companies like QuickBooks and Uber [19][80] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for 2021, acknowledging ongoing uncertainties due to COVID-19 while expecting revenue growth across all business lines [31][45] - The company plans to continue investing in growth-oriented initiatives, anticipating that these will lead to revenue growth and margin expansion in 2022 and beyond [46][51] - Management highlighted the importance of adapting to the evolving needs of consumers and small businesses in the current economic landscape [19][80] Other Important Information - The company recorded an impairment charge of approximately $22 million related to facilities and internal use software, which was excluded from non-GAAP measures [42] - A new leader for the BaaS business, Amit Parikh, was appointed to drive growth in this segment [22] Q&A Session Summary Question: Impact of potential incremental stimulus on P&L - Management discussed the potential impact of a $1,400 stimulus per individual and extended unemployment benefits, suggesting it could lead to increased purchase volume and interchange revenue [60][64] Question: GO2bank launch and customer adoption - Management reported strong demand for GO2bank, with higher-than-expected interest in overdraft protection and secured credit card applications [71][72] Question: Opportunities in small and micro businesses - Management emphasized targeting small businesses that traditional banks overlook, focusing on unique financial solutions tailored to their needs [78][80] Question: Incremental investment breakdown - Management clarified that there would not be significant increases in SG&A for small business initiatives, while core banking platform investments are critical for long-term efficiency [87] Question: GO2bank app success compared to previous launches - Management indicated that GO2bank has been the most successful product launch to date, with downloads surpassing previous offerings [88]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 95-4766827 (St ...

Green Dot Corporation (NYSE:GDOT) Q3 2020 Earnings Conference Call November 4, 2020 5:00 PM ET Company Participants Alison Lubert - VP of Communications Dan Henry - President and CEO Jess Unruh - Interim CFO and CAO Conference Call Participants Bob Napoli - William Blair George Sutton - Craig-Hallum Andrew Jeffrey - Truth Securities Ramsey El-Assal - Barclays Andrew Schmidt - Citi Steven Kwok - KBW Georgios Mihalos - Cowen Ashish Sabadra - Deutsche Bank Jeff Cantwell - Guggenheim Securities Operator Good af ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaware 95-4766827 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO ...