Bm Technologies Inc   (BMTX)
Other Ticker:  
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
Price: $1.7600 $0.00 0.000%
Day's High: $1.83 Week Perf: -1.68 %
Day's Low: $ 1.70 30 Day Perf: -19.27 %
Volume (M): 7 52 Wk High: $ 3.92
Volume (M$): $ 12 52 Wk Avg: $2.63
Open: $1.81 52 Wk Low: $1.41

 Market Capitalization (Millions $) 20
 Shares Outstanding (Millions) 12
 Employees 2
 Revenues (TTM) (Millions $) 36
 Net Income (TTM) (Millions $) -18
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 5

Bm Technologies Inc
BM Technologies Inc (BMTX) is a financial technology company that aims to provide innovative and flexible banking solutions to its customers. The company offers various digital banking services and products, including online checking and savings accounts, personal loans, and credit cards, to a diverse customer base.

The company was founded in 2014 and is headquartered in New York City. BMTX operates as a subsidiary of Customers Bank, which provides it access to established banking infrastructure and services.

BMTX offers a range of innovative digital banking products, including Bask Bank, MoveMoney and Lendvious. Bask Bank provides an online high-yield savings account, designed for customers who want to grow their money at a higher interest rates than traditional banks offer. MoveMoney is a comprehensive financial solution that offers customers the ability to control their finances with ease, including online bill payment, peer-to-peer payment, and access to a wide range of financial products.

Lendvious offers a unique online platform to help customers obtain personal loans easily and quickly, while bypassing traditional banking red tape. This platform connects customers with a network of lending partners to find the best possible loan product to suit their individual needs.

BMTX has received numerous awards and accolades for its innovative approach to digital banking. In 2021, it was named the Best Digital Bank at the 10th annual World Retail Banking Report Awards. It was also recognized as Best Consumer Lending Platform at the LendingTree Innovation Challenge, and received the Best Checking Account Award from MagnifyMoney.

BMTX prides itself on offering superior customer service, with a dedicated customer support team available 24/ The company has a high level of security in place to protect the accounts and financial information of its customers.

In conclusion, BMTX is a leading financial technology company that offers innovative, customer-focused digital banking solutions designed to simplify banking for customers. They are widely recognized for the outstanding quality of their banking services and products, as well as for their excellent customer support.

   Company Address: 201 King of Prussia Road, Suite 650 Wayne 19087 PA
   Company Phone Number: 327-9515   Stock Exchange / Ticker: NYSEAMER BMTX
   BMTX is expected to report next financial results on March 30, 2024.


Stock Performances by Major Competitors

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Bm Technologies Inc

Bm Technologies Inc: A Stunning Plunge Sends Shockwaves Through Q3 Earnings Season

Bullish Outlook for Bm Technologies Inc as Financials Show Improvement
Bm Technologies Inc, a leading financial technology company, has recently released its fiscal report for the most recent period. The financials reveal several positive developments, indicating a potential increase in investor confidence and a bullish outlook for the company.
One of the key highlights from the report is the reduction in the loss per share. BMTX decreased its loss per share to $-0.34, compared to $-0.41 in the same period last year. Moreover, earnings per share also showed improvement, increasing from $-0.39 in the prior reporting period. These improvements demonstrate that Bm Technologies Inc has managed to narrow its losses and move towards profitability.

Bm Technologies Inc

BMTX Faces Financial Crisis in Q2 2023 Earnings Season: Revenue Plummets by over 50% as Industry Flourishes

Bm Technologies Inc (BMTX) recently released its financial results for the second quarter of 2023, revealing a significant decline in revenue and widening net deficit per share. These disappointing figures stand in contrast to the overall performance of the Regional Banks industry, which recorded a 15.28% increase in revenue during the same period. This article will analyze the key facts from BMTX's financial results and provide context to understand the company's current situation.
Financial Results and Analysis:
1. Revenue: BMTX witnessed a sharp decline in revenue, plummeting by 52.59% from the previous year's quarter to $13.58 million. This decline is concerning and indicates a substantial reduction in the company's ability to generate income.

Bm Technologies Inc

BM Technologies Inc Experiences a Deepening Deficit in Q1 2023 Amid Regional Bank Consolidations, Despite Stable Revenue

Despite reporting a disappointing deficit in the first quarter of 2023, BM Technologies Inc is a promising company with a bright future. The company's current financial performance is just a snapshot in time, and investors should take a longer-term view when evaluating BM Technologies Inc's investment potential.
One reason for investors to remain bullish on the company is its strong revenue growth potential. While the company did not generate any revenue in the first quarter of 2023, it should not detract from the fact that BM Technologies Inc has a solid business model with the potential to generate significant revenue in the future. Additionally, the company's revenue remained unscathed from the comparable quarter a year before, indicating that it has maintained a stable position in the market despite volatile market conditions.


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