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Fintech app offering small-dollar cash advances, budgeting tools and banking services as an alternative to overdraft fees.
Fintech app offering small-dollar cash advances, budgeting tools and banking services as an alternative to overdraft fees.
Lends small advances against upcoming paychecks and is paid through optional tips, a fee for instant delivery and a small monthly membership, rather than interest, with card-swipe fees on its debit accounts as a smaller stream. Profit depends on repayment rates. It went public through a SPAC, a blank-check merger, in 2022.
Moat: narrow (data, brand, network effects). Proprietary underwriting data on cash-flow patterns helps price small-dollar advances versus new entrants without data history.
Headquarters: Los Angeles, California, United States · Founded: 2016 · Employees: 280
Size Dave (DAVE) is a United States Financials company (Major Banks) with a market value of $3.55B, the 1424th largest of 3,117 United States companies the cockpit tracks. Shares closed at $278.59 on 6 Nov 2026.
Performance Over six months the shares gained 8.7%, against +5.5% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 48.6% over the last twelve months (peer median +8.7%); the operating margin is 33.5% (peer median 32.0%).
Valuation It trades at 17.09× book value against a peer median of 0.97× (most expensive of 21).
Price implies The share price implies a return on equity of about 291.2%; Dave delivers 104.8%, so the price asks more than the business earns today.
Short interest Short interest is 20.8% of the free float (15 Oct 2026).
Next results Next results expected around 8 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $644M | $554M | $347M | $259M | $205M |
| Revenue growth | — | +60% | +34% | +26% | — |
| Gross profit | $567M | $486M | $309M | $225M | $167M |
| EBITDA | $334M | $275M | $95.3M | $22.4M | -$52.4M |
| Net income | $223M | $196M | $57.9M | -$48.5M | -$129M |
| Free cash flow | $327M | $290M | $125M | $33.1M | -$45.6M |
| Capital expenditure | $7.75M | $6.77M | $7.56M | $8.58M | $9.31M |
| Total debt | $268M | $75.2M | $75.6M | $181M | $178M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Dave DAVE | $3.55B | +9% | +49% | 105% | 17.09× | 291.2% |
| Cie Generale des Etablissements Michelin ML.PA | $25.1B | +5% | -4% | 9% | 1.29× | 13.8% |
| Block XYZ | $51.7B | +14% | +7% | 2% | 2.26× | 36.3% |
| SOFI SOFI | $21.0B | +3% | +38% | 7% | 1.86× | 27.5% |
| OppFi OPFI | $526M | -34% | +6% | 38% | 9.07× | 108.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DAVE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.2% | +0.6% | 5th lowest of 21 |
| 6-month return | +8.7% | +5.5% | 9th highest of 21 |
| Return on equity | 104.8% | 8.9% | highest of 21 |
| Price / book | 17.09× | 0.97× | most expensive of 21 |
| Trailing P/E | 18.1× | 14.4× | 6th most expensive of 20 |
| ROE the price implies | 291.2% | 9.3% | most demanding of 19 |
| ROE delivered | 104.8% | 8.9% | highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Dave DAVE | United States | $3.55B | +9% | +49% | 105% | 17.09× | 291.2% | 104.8% |
| Nicolet Bankshares NIC | United States | $3.60B | +18% | +46% | 10% | 1.62× | 11.5% | 10.2% |
| TBC Bank TBCG.L | United Kingdom | $3.64B | +11% | +16% | 24% | 1.40× | 15.7% | 23.8% |
| JB Financial 175330.KS | South Korea | $3.67B | 0% | +9% | 13% | 0.94× | 5.3% | n/a |
| Community Financial System CBU | United States | $3.39B | +1% | +7% | 12% | 1.67× | 12.5% | 11.8% |
| Daishi Hokuetsu Financial 7327.T | Japan | $3.73B | +9% | +18% | 9% | 0.94× | 6.3% | 8.6% |
| Simmons First National SFNC | United States | $3.37B | +10% | +122% | 8% | 1.01× | 9.7% | 7.8% |
| Sparebanken Norge SBNOR.OL | Norway | $3.78B | +8% | +62% | 7% | 0.71× | 6.1% | n/a |
| Kyushu Financial 7180.T | Japan | $3.79B | +7% | +15% | 5% | 0.73× | 6.6% | 4.9% |
| Park National PRK | United States | $3.20B | +2% | +21% | 13% | 1.87× | 13.1% | 13.1% |
| Bank of Queensland BOQ.AX | Australia | $3.19B | +14% | -6% | 4% | 0.80× | 8.9% | 4.3% |
| Banque Cantonale de Geneve BCGE.SW | Switzerland | $3.17B | +12% | -3% | 10% | 1.01× | n/a | 9.9% |
| BankUnited BKU | United States | $3.14B | -7% | -5% | 9% | 1.09× | 11.9% | 9.2% |
| Shiga Bank 8366.T | Japan | $3.12B | +11% | +23% | 4% | 0.76× | 3.9% | 4.4% |
| Flagstar Bank, National Association FLG | United States | $4.21B | -26% | -18% | 1% | 0.59× | 7.4% | 1.2% |
| Hyakugo Bank 8368.T | Japan | $2.98B | +4% | +29% | 6% | 0.85× | 8.0% | 6.4% |
| Central Bank of India CENTRALBK.NS | India | $2.93B | -18% | +8% | 12% | 0.67× | 10.9% | 12.0% |
| First Financial Bankshares FFIN | United States | $4.36B | -6% | +8% | 16% | 2.38× | 17.0% | 15.9% |
| Texas Capital Bancshares TCBI | United States | $4.39B | +1% | +3% | 10% | 1.34× | 9.8% | 10.2% |
| Liechtensteinische Landesbank LLBN.SW | Switzerland | $4.40B | +24% | -2% | 8% | 1.48× | n/a | 7.7% |
| Guangzhou Rural Commercial Bank 1551.HK | Hong Kong | $2.83B | -10% | -9% | 2% | 0.22× | 3.5% | 2.3% |