Dave Can Profit From Small-Balance Accounts, Analyst Sees Dave …

12 hours ago · The analyst said that Dave offers a refreshing alternative for consumers in search of a bank account and cited a 2023 FDIC survey, which revealed about 14-15% of Americans …

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Dave Can Profit From Small-Balance Accounts, Analyst Sees Dave …

3 weeks from now

12 hours ago · The analyst said that Dave offers a refreshing alternative for consumers in search of a bank account and cited a 2023 FDIC survey, which revealed about 14-15% of Americans …

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Dave Started At Buy As Benchmark Sees Sustained Profit Growth

3 weeks from now

In a note written to clients, the analyst pointed out that Dave's 11.3M members as of June 30, 2024, represent only about 7% of the ~180M financial vulnerable U.S. consumers within its …

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Dave: An Old-School Payday Lender In Disguise - Seeking Alpha

3 weeks from now

Dec 20, 2024 · That said, the maximum one can borrow through Dave is $500, and most borrow around $172. Its average revenue per ExtraCash loan is $9.7, translating to an effective …

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$98
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8 Analysts Have This To Say About Dave - Benzinga

3 weeks from now

Jan 2, 2025 · Analysts have set 12-month price targets for Dave, revealing an average target of $98.0, a high estimate of $119.00, and a low estimate of $65.00.

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Dave Inc. (DAVE) Statistics & Valuation Metrics - Stock Analysis

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Jan 24, 2025 · Detailed statistics for Dave Inc. (DAVE) stock, including valuation metrics, financial numbers, share information and more. ... Dave Inc. had revenue of $319.36 million and earned …

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FAQs about Dave Can Profit From Small-Balance Accounts, Analyst Sees Dave … Coupon?

Is Dave a good alternative to a bank account?

The analyst said that Dave offers a refreshing alternative for consumers in search of a bank account and cited a 2023 FDIC survey, which revealed about 14-15% of Americans are considered underbanked. However, being underbanked doesn’t necessarily correlate with low income. ...

Should you buy Dave Inc (Dave)?

Canaccord Genuity analyst Joseph Vafi initiated coverage on Dave Inc (NASDAQ: DAVE) with a Buy rating and a price forecast of $120. The analyst said that Dave offers a refreshing alternative for consumers in search of a bank account and cited a 2023 FDIC survey, which revealed about 14-15% of Americans are considered underbanked. ...

How many members does Dave have in 2024?

In a note written to clients, the analyst pointed out that Dave's ( DAVE) 11.3M members as of June 30, 2024, represent only about 7% of the ~180M financial vulnerable U.S. consumers within its total addressable market. ...

Will Dave (Dave) sustain profit growth?

B enchmark analyst Mark Palmer initiated coverage on Dave ( NASDAQ: DAVE) with a Buy rating on Monday on the view that the financial services company will sustain profit growth "given its strong product-market fit." ...

Is Dave bank profitable?

Dave's business model is profitable due to its low operating overhead. In Q3, it had $30M in compensation costs last quarter, $24M in "other" operating costs, $12.5M in marketing, $8.5M in processing, and nearly $14M in credit loss provisions. Its interest expense was only about $2M, as its savings account holders use Evolve Bank. ...

How much can you borrow from Dave?

That said, the maximum one can borrow through Dave is $500, and most borrow around $172. Its average revenue per ExtraCash loan is $9.7, translating to an effective borrowing cost of 5.6%. Of course, those "costs" are primarily voluntary through tips and instant cash fees. ...