Green Dot Corporation reported financial results for the quarter ended June 30, 2026. Total operating revenues increased 18% to $595.9 million, while GAAP net loss narrowed significantly to $2.1 million from a $47.0 million loss in the prior year period. Adjusted EBITDA decreased 12% to $40.2 million due to timing shifts in tax revenue and headwinds in Consumer Services, though year-to-date adjusted EBITDA rose 5%. The company confirmed its ongoing acquisition by Smith Ventures and CommerceOne Financial Corporation, which remains subject to regulatory approvals. Consequently, Green Dot will not host an earnings conference call or provide 2026 financial guidance. Green Dot is a financial technology platform and bank holding company that delivers banking and payments solutions to consumers and businesses.

Green Dot Corporation stockholders approved the merger agreement with CommerceOne Financial Corporation and the separation agreement to distribute Green Dot Bank to a subsidiary of CommerceOne while Green Dot retains its non-bank financial technology assets. The transaction is expected to be completion in the third quarter of 2026, subject to regulatory approvals. Green Dot Corporation operates in the financial technology sector, providing digital banking and payment services.

Green Dot Corporation is providing supplemental disclosures to its proxy statement/prospectus regarding its proposed merger and separation agreement with CommerceOne Financial Corporation. The company is addressing litigation-related matters and providing updated financial advisor's opinions, and financial analysis of peer groups and precedent-transactions to supplement the following proxy statement/prospectus. Green Dot Corporation operates in the financial technology and banking services industry.