Neobank Dave Shares Rally After Q4 Earnings: Details - Dave (NASDAQ:DAVE)

Dave, Inc. (NASDAQ:DAVE) shares climbed in Monday's extended trading after the company released its fourth-quarter earnings report, beating estimates on the top and bottom lines.

Here's a look at the details from the report

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The Details: Dave reported quarterly earnings of $3.69 per share, which beat the consensus estimate of $3.19 by 15.6%, according to Benzinga Pro.

Quarterly revenue clocked in at $163.7 million, which beat the Street estimate of $157.2 million and was up from $100.9 million in the same period last year.

Dave reported the following fourth quarter operating highlights:

New Members came in at 867,000, at a customer acquisition cost of $20.
MTMs (monthly transacting members) increased 19% year-over-year to 2.93 million.
ExtraCash originations increased 50% Y/Y to $2.2 billion, while ExtraCash Monetization Rate Net of Losses expanded 29 basis points to a record 4.8%.
Average 28-day past due rate improved 12% or 26 basis points Q/Q to 1.89%.
Dave Debit Card spend increased 17% Y/Y to $534 million.

“We closed 2025 with another record quarter, marking our third consecutive period of 60%+ year-over-year revenue growth,” said Jason Wilk, CEO of Dave.

“We once again demonstrated the durability of our growth algorithm, as ARPU expanded 36% year-over-year and monthly transacting members accelerated 19%,” Wilk added.

Outlook: Dave guided to fiscal 2026 adjusted EPS of $14 to $15, compared to the $12.12 analyst estimate, and revenue in a range of $690 million to $710 million, versus the $639.51 million estimate.

DAVE Stock Price: According to data from Benzinga Pro, Dave stock rose 9.29% to $217.50 in Monday's extended trading.

Photo: Shutterstock

DAVEDave Inc

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