BM Technologies (BMTX) Stock Price, News & Analysis

Company Overview

BM Technologies, Inc., a financial technology company, facilitates deposits and banking services between a customer and its partner banks in the United States. It offers digital banking and disbursement services to consumers and students through a full service fintech banking platform. The company was formerly known as BankMobile Technologies, Inc. and changed its name to BM Technologies, Inc. in January 2021. BM Technologies, Inc. was founded in 2015 and is headquartered in Wayne, Pennsylvania.

Key Stats

• Today's Range: $4.75 to $4.78
• 50-Day Range: $3.21 to $4.87
• 52-Week Range: $1.45 to $4.87
• Volume: 108,608 shs
• Average Volume: 125,949 shs
• Market Capitalization: $57.72 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.70
• Consensus Rating: Moderate Buy

BM Technologies Stock Analysis - MarketRank™

BM Technologies scored higher than 21% of companies evaluated by MarketBeat, and ranked 847th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

BM Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

BM Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for BM Technologies are expected to grow in the coming year, from ($0.65) to ($0.13) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BM Technologies is -4.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of BM Technologies is -4.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

BM Technologies has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BMTX.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

BM Technologies does not currently pay a dividend.

Dividend Growth

BM Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BMTX.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: -1.00

News Sentiment

BM Technologies has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for BM Technologies this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for BMTX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BM Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.40% of the stock of BM Technologies is held by insiders.

Percentage Held by Institutions

Only 20.15% of the stock of BM Technologies is held by institutions.

BMTX Stock Analysis - Frequently Asked Questions

How have BMTX shares performed this year?

BM Technologies' stock was trading at $2.05 at the start of the year. Since then, BMTX shares have increased by 132.7% and is now trading at $4.77.
View the best growth stocks for 2024 here.

How were BM Technologies' earnings last quarter?

BM Technologies, Inc. (NYSE:BMTX) announced its quarterly earnings data on Monday, November, 20th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by $0.08. The company had revenue of $14.74 million for the quarter, compared to analyst estimates of $12.52 million. BM Technologies had a negative trailing twelve-month return on equity of 47.64% and a negative net margin of 22.62%.

Who are BM Technologies' major shareholders?

BM Technologies' top institutional shareholders include Tieton Capital Management LLC (3.96%) and Geode Capital Management LLC (0.80%).
View institutional ownership trends.

How do I buy shares of BM Technologies?

Shares of BMTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BM Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BM Technologies investors own include CrowdStrike (CRWD), Netflix (NFLX), Advanced Micro Devices (AMD), Arista Networks (ANET), Cadence Design Systems (CDNS), Axon Enterprise (AXON) and PayPal (PYPL).

Company Calendar

• Last Earnings: 11/20/2023
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NYSE:BMTX
• CUSIP: N/A
• CIK: 1725872
• Web: www.bankmobile.com
• Phone: (877) 327-9515
• Fax: N/A
• Employees: 280
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.70
• High Stock Price Target: $8.00
• Low Stock Price Target: $5.40
• Potential Upside/Downside: +40.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-17,330,000.00
• Net Margins: -22.62%
• Pretax Margin: -22.58%
• Return on Equity: -47.64%
• Return on Assets: -26.42%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $55.25 million
• Price / Sales: 1.04
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.78 per share
• Price / Book: 2.68

Miscellaneous

• Outstanding Shares: 12,100,000
• Free Float: 11,084,000
• Market Cap: $57.72 million
• Optionable: Optionable
• Beta: 0.18