Added to YB: 2026-05-28
Pitch date: 2026-05-26
GDOT [bullish]
Green Dot Corporation
+0.31%
current return
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States.
Market Cap
$727.8M
Pitch Price
$12.90
Price Target
14.00 (+8%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-10.04
EV/Sales
N/A
Sector
Consumer Finance
Category
special_situation
Green Dot Corporation (NASDAQ: GDOT)
GDOT: Selling non-bank assets to Smith Ventures, merging bank w/ CommerceOne. Shareholders get $8.11 cash + 0.2215 shares of new bank (est $27.80 TBV = $6.15 value). At $12.78, implies new bank at 0.75x TBV vs clean slate w/ $5.2B deposits, $750M loans, 7yr MSA. Downside capped ~25% if deal fails. Best entry low-12s/high-11s (sub-0.63x TBV).
Read full article (3 min)