Total operating revenues were $119.67m for the fourth quarter of 2011, up 30%, compared to $91.85m for the same period in the previous year.
Operating income was $22.29m, compared to $12.66m for the same period a year ago.
Green Dot chairman and CEO Steve Streit said that 2011 was their first full year as a public company and it was a year that furthered their leadership position in their industry.
"It was a year where we saw our cash and investment securities increase by another $97 million, thus enabling us to continue to invest in strategic M&A, technology infrastructure, regulatory compliance and consumer facing product and marketing initiatives in 2012 and beyond," added Streit.
