BM TechnologiesBMTX
Market Cap: 32.2M
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 Q1 SEC filings by fund managers ($100M+ AUM)
2.46% more ownership
Funds ownership: 20.64% [Q4 2023] → 23.09% (+2.46%) [Q1 2024]
9% less funds holding
Funds holding: 46 [Q4 2023] → 42 (-4) [Q1 2024]
23% less capital invested
Capital invested by funds: $5.88M [Q4 2023] → $4.53M (-$1.35M) [Q1 2024]
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Northland Capital Markets Mike Grondahl | 31%upside $3.5 | Market Perform Maintained | 22 Jul 2024 |
Chardan Capital Brian Dobson | 200%upside $8 | Buy Maintained | 20 May 2024 |
Chardan Capital Brian Dobson | 200%upside $8 | Buy Maintained | 22 Apr 2024 |
Chardan Capital Brian Dobson | 200%upside $8 | Buy Maintained | 4 Apr 2024 |