BM Technologies (BM Technologies) Other Operating Expense : $11.58 Mil (TTM As of Mar. 2024)

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What is BM Technologies Other Operating Expense?

BM Technologies's Other Operating Expense for the three months ended in Mar. 2024 was $2.72 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $11.58 Mil.

BM Technologies's quarterly Other Operating Expense increased from Sep. 2023 ($2.86 Mil) to Dec. 2023 ($3.44 Mil) but then declined from Dec. 2023 ($3.44 Mil) to Mar. 2024 ($2.72 Mil).

BM Technologies's annual Other Operating Expense increased from Dec. 2021 ($7.79 Mil) to Dec. 2022 ($10.06 Mil) and increased from Dec. 2022 ($10.06 Mil) to Dec. 2023 ($11.35 Mil).

BM Technologies Other Operating Expense Historical Data

The historical data trend for BM Technologies's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BM Technologies Other Operating Expense Chart

BM Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

0.42

8.11

7.79

10.06

11.35

BM Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial													2.50	2.56	2.86	3.44	2.72

BM Technologies Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.58 Mil.

BM Technologies Other Operating Expense Related Terms

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BM Technologies (BM Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BM Technologies Inc (AMEX:BMTX) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 King of Prussia Road, Suite 350, Wayne, PA, USA, 19087

Website

https://www.bankmobile.com/

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. Tje 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, spend, transactions, etc.) and may be paid or passed through by Customers Bank, universities, or paid directly by customers.

Executives

Michael Richard Pavone	director	201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Rajinder Singh	director	C/O BM TECHNOLOGIES, INC., 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Warren Taylor	officer: Executive Vice President	1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
John J Dolan	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
James Francis Dullinger	officer: Chief Accounting Officer	C/O IOTA COMMUNICATIONS, INC., 645 HAMILTON STREET, SUITE 400, ALLENTOWN PA 18101
James M. Donahue	officer: Chief Technology Officer	201 KING OF PRUSSIA ROAD, SUITE 350, C/O BM TECHNOLOGIES, INC., WAYNE PA 19087
Aaron Hodari	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Andrew J. Dunklau	officer: President and Secretary	1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Schechter Private Capital, Llc	10 percent owner	251 PIERCE STREET, BIRMINGHAM MI 48009
Pankaj Dinodia	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert H Ramsey	officer: Chief Financial Officer	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Marcy Schwab	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Brent Hurley	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert Diegel	officer: Chief Operating Officer	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Mike Gill	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087