Smith Ventures and CommerceOne Financial to Acquire Green Dot
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Acquisition Overview: Green Dot is being acquired by Smith Ventures and CommerceOne Financial Corporation, with Smith Ventures taking over Green Dot's non-bank financial technology assets and CommerceOne acquiring Green Dot Bank to form a new publicly traded bank holding company.
Transaction Details: Upon completion, Green Dot shareholders will receive $8.11 in cash and shares of the new bank holding company, with former Green Dot shareholders owning approximately 72% and CommerceOne shareholders 28%.
Financial Implications: The acquisition involves a $690 million cash transaction, with $470 million going to Green Dot shareholders, $155 million for regulatory capital, and $65 million for debt repayment, leading to an estimated value of $14.23 - $19.18 per share for Green Dot.
Future Relationship: The new bank holding company will have a seven-year commercial relationship with the fintech, serving as its exclusive bank sponsor and aiming to expand market share and partnerships in digital banking and embedded finance.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on GDOT
Wall Street analysts forecast GDOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GDOT is 14.25 USD with a low forecast of 14.25 USD and a high forecast of 14.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 12.230
Low
14.25
Averages
14.25
High
14.25
Current: 12.230
Low
14.25
Averages
14.25
High
14.25
About GDOT
Green Dot Corporation is a financial technology and bank holding company. The Company offers a set of financial services to consumers and businesses, including debit, checking, credit, prepaid, and payroll cards, as well as robust money movement services. Its segment includes Consumer Services, Business to Business (B2B) Services, and Money Movement Services. The Consumer Services segment consists of deposit account programs, such as consumer checking accounts, prepaid cards, secured credit cards, and gift cards. The B2B Services segment consists of its partnerships with prominent consumer and technology companies that make its banking products and services available to their consumers, partners and workforce through integration with its banking platform, and a comprehensive payroll platform that it offers to corporate enterprises, to facilitate payments for the workforce. The Money Movement Services segment consists of money processing services and tax refund processing services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Halper Sadeh Investigates Penumbra and Others for Potential Violations
- Penumbra Acquisition Investigation: Halper Sadeh LLC is investigating Penumbra, Inc. (NYSE:PEN) regarding its sale to Boston Scientific Corporation for $374 million in cash or 3.8721 shares, potentially violating fiduciary duties to shareholders and impacting their rights.
- FONAR Shareholder Rights Issues: The sale of FONAR Corporation (NASDAQ:FONR) to its CEO and certain executives for $19.00 per share for Class B and $6.34 for Class C stock has raised concerns from Halper Sadeh, potentially affecting shareholder rights.
- Green Dot Transaction Investigation: Halper Sadeh is assessing Green Dot Corporation's (NYSE:GDOT) sale for $8.11 in cash and 0.2215 shares of a new publicly traded bank holding company, potentially seeking increased compensation for shareholders.
- Legal Consultation Services: Halper Sadeh LLC offers free legal consultations, encouraging shareholders to discuss their rights, demonstrating the firm's commitment to protecting investor interests and potentially securing additional benefits for shareholders.
Continue Reading
Halper Sadeh Investigates Sealed Air, Green Dot, and Others for Potential Securities Violations
- Investigation Focus: Halper Sadeh LLC is investigating Sealed Air Corporation (NYSE:SEE) for potential violations of federal securities laws related to its sale to CD&R funds for $42.15 per share, aiming to protect shareholder rights and seek additional compensation.
- Intermediary Transactions: Middlefield Banc Corp. (NASDAQ:MBCN) is selling to Farmers National Banc Corp. for 2.6 shares of Farmers common stock per share, with Halper Sadeh LLC scrutinizing the compliance of this transaction and its impact on shareholders.
- Cash and Stock Deal: Green Dot Corporation (NYSE:GDOT) is being sold for $8.11 in cash and 0.2215 shares of a new publicly traded bank holding company per share, with Halper Sadeh LLC potentially advocating for a higher transaction price for shareholders.
- Acquisition Review: Semrush Holdings, Inc. (NYSE:SEMR) is selling to Adobe for $12.00 per share, and Halper Sadeh LLC is assessing the transparency of this deal and its potential implications for shareholders to ensure their legal rights are upheld.
Continue Reading