BM Technologies (BMTX)

• Market cap: $59.4M
• 1 day: 0.00%
• 5 days: 0.61%
• 1 month: 3.59%
• 3 months: 52.48%
• 6 months: 89.58%
• Year to date: 0.41%
• 1 year: 140.69%
• 5 years: -68.32%
• 10 years: -68.32%
• Sector: Financials
• Industry: State Commercial Banks

About: BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full-service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. The company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spending, transactions, etc.) and may be paid or passed through by customer banks, universities, or paid directly by customers.

Employees: 200

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

46% more call options, than puts

Call options by funds: $702K | Put options by funds: $480K

38% more capital invested

Capital invested by funds: $6.76M [Q2] → $9.32M (+$2.56M) [Q3]

2.28% less ownership

Funds ownership: 24.93% [Q2] → 22.66% (-2.28%) [Q3]

7% less funds holding

Funds holding: 46 [Q2] → 43 (-3) [Q3]

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10