Date | Price Target | Rating | Analyst |
---|---|---|---|
11/23/2021 | $21.00 | Buy | Chardan Capital |
Ajay Asija will assume the role on April 1, 2024RADNOR, PA / ACCESSWIRE / February 7, 2024 / BM Technologies, Inc. (NYSE:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, today announced the appointment of Ajay Asija as Chief Financial Officer, effective April 1, 2024. Mr. Asija will succeed James (Jim) Dullinger, who has held the role since January 2023 and will remain with the company until March 31, 2024.Luvleen Sidhu, Chair, Chief Executive Officer, and Founder of BM Technologies said, "We are delighted to welcome Ajay to BM Technologies. Ajay's extensive fintech banking experience and industry knowledge will position us well as we focus on gr
RADNOR, PA / ACCESSWIRE / July 20, 2023 / BM Technologies, Inc. (NYSE:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, is thrilled to announce the appointment of a distinguished marketing industry veteran, Michael Pavone, as the newest member of its Board of Directors. With an award-winning track record and 30 years of experience in the digital marketing space, Pavone brings a wealth of knowledge and a fresh perspective to the BMTX organization.Pavone is the CEO of Pavone Marketing Group, Inc., a holding company that comprises five marketing units, a data and analytics company, and a design company. Michael's strong marketing background will help
Launch of Targeted Plan to Improve Performance with approximately $15 Million of Expected 2023 Cost SavingsJamie Donahue Elected President and James Dullinger Elected Chief Financial OfficerInvestment Banking Veteran Raj Singh Joins Board of DirectorsRADNOR, PA / ACCESSWIRE / January 30, 2023 / BM Technologies, Inc. (NYSE:BMTX) ("BM Technologies," "BMTX," "we," or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, announced today a series of actions being taken to streamline its operations, strengthen its management team, position the Company for future growth, and drive long-term shareholder value.Profit Enhancement PlanIn
Northland Capital Markets analyst Mike Grondahl maintains BM Technologies (AMEX:BMTX) with a Market Perform and raises the price target from $3.25 to $3.5.
Chardan Capital analyst Brian Dobson maintains BM Technologies (AMEX:BMTX) with a Buy and maintains $8 price target.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.1% on Thursday. The Dow traded up 0.01% to 39,912.06 while the NASDAQ fell 0.10% to 16,726.17. The S&P 500 also fell, dropping, 0.04% to 5,306.04. Check This Out: Oklo Is ‘Too Risky,’ Jim Cramer Says: Buy This General Electric Spinoff Instead Leading and Lagging SectorsConsumer staples shares rose by 1.7% on Thursday. In trading on Thursday, materials shares fell by 0.5%. Top Headline Deere & Co (NYSE:DE) reported upbeat second-quarter earnings, but lowered its net income 2024 outlook. The company's net sales and revenue declined 12% year-over-year to $15.235 billion, beating
Chardan Capital initiated coverage of BM Technologies with a rating of Buy and set a new price target of $21.00
Maxim Group initiated coverage of BM Technologies with a rating of Buy and set a new price target of $25.00
First Half 2024 Revenue of $28.7 Million, Up 10% YoYQ2 2024 Interchange and Card Revenue Increased 57% YoYGrowth Initiatives Launched with Cash Back Rewards Engine & 15 Identity Verification (IDV) Product Sales YTD RADNOR, PA / ACCESSWIRE / August 14, 2024 / BM Technologies, Inc. (NYSE:BMTX) ("BM Technologies", "BMTX", "we", or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, today reported results for the three and six months ended June 30, 2024.Luvleen Sidhu, BMTX's Chair, CEO, and Founder, stated, "This quarter we have made strong progress towards our strategy of digital transformation and setting the stage for growth i
RADNOR, PA / ACCESSWIRE / August 12, 2024 / BM Technologies, Inc. (NYSE:BMTX) (the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, will host a live webcast to discuss its second quarter 2024 earnings on August 15, 2024 at 9:00am ET.The live webcast of the call can be accessed at 2Q24 Webcast Link as well as on the company's investor relations website at https://ir.bmtxinc.com/events-and-presentations/events-calendar/default.aspxAbout BM Technologies, Inc.BM Technologies, Inc. (NYSE:BMTX) - formerly known as BankMobile - is among the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, pr
BMTX Enhances Customer Banking Experience with Rewards-as-a-Service API, Providing Seamless Cash Back Opportunities, Unlimited Offers, and Access to Over 50,000 Top Merchant Locations Nationwide RADNOR, PA / ACCESSWIRE / July 29, 2024 / BM Technologies, Inc. (NYSE:BMTX), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, is thrilled to announce the launch of a rewards engine to its BankMobile Vibe Checking Account. Powered by Kard, the first rewards-as-a-service API, this innovative rewards engine aims to financially empower customers while driving loyalty among customers, giving them the opportunity to earn cash back1 on debit card purchases from nationa
4 - BM Technologies, Inc. (0001725872) (Issuer)
4 - BM Technologies, Inc. (0001725872) (Issuer)
4 - BM Technologies, Inc. (0001725872) (Issuer)
SC 13G/A - BM Technologies, Inc. (0001725872) (Subject)
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8-K - BM Technologies, Inc. (0001725872) (Filer)
10-Q - BM Technologies, Inc. (0001725872) (Filer)
8-K - BM Technologies, Inc. (0001725872) (Filer)
First Half 2024 Revenue of $28.7 Million, Up 10% YoYQ2 2024 Interchange and Card Revenue Increased 57% YoYGrowth Initiatives Launched with Cash Back Rewards Engine & 15 Identity Verification (IDV) Product Sales YTD RADNOR, PA / ACCESSWIRE / August 14, 2024 / BM Technologies, Inc. (NYSE:BMTX) ("BM Technologies", "BMTX", "we", or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, today reported results for the three and six months ended June 30, 2024.Luvleen Sidhu, BMTX's Chair, CEO, and Founder, stated, "This quarter we have made strong progress towards our strategy of digital transformation and setting the stage for growth i
Revenues and EBITDA Reflect Significant Improvement Year over YearQ1 2024 Revenue of $16.2 Million, Net Income of $0.7 MillionQ1 2024 Core EBITDA of $1.4 Million RADNOR, PA / ACCESSWIRE / May 15, 2024 / BM Technologies, Inc. (NYSE:BMTX) ("BM Technologies", "BMTX", "we", or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, today reported results for the three months ended March 31, 2024.Luvleen Sidhu, BMTX's Chair, CEO, and Founder, stated, "The first quarter of 2024 marked an important turning point in our company's evolution. The hard work of 2023 has begun to pay off as we posted positive net income of $0.7 million and Co
Full year 2023 Revenue $55.3 MillionTransfer of Higher Education Deposits to First Carolina Bank ("FCB") in December Increased Annualized Interchange Fees by 20 Basis PointsRADNOR, PA / ACCESSWIRE / April 3, 2024 / BM Technologies, Inc. (NYSE:BMTX) ("BM Technologies", "BMTX", "we", or the "Company"), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, today reported results for the three and twelve months ended December 31, 2023.Luvleen Sidhu, BMTX's Chair, CEO, and Founder, stated, "In December of 2023, we completed the transfer of the Higher Education customer deposits to our new partner bank FCB. Effective with the transfer, we are earnin