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CASHPathward Financial, Inc.
$90.44$1.9B
Overview & Verdict
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CASH logoPathward Financial, Inc.(CASH)Earnings, Financials & Key Ratios

CASH•NASDAQ•Banking & Credit
$90.44
11.5× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustrySpecialty finance and niche lenders
AboutPathward Financial, Inc. operates as the holding company for Pathward, National Association that provides various banking products and services in the United States. It operates through three segments: Consumer, Commercial, and Corporate Services/Other. The company offers demand deposit accounts, savings accounts, money market savings accounts, and certificate accounts. It also provides commercial finance product comprising term lending, asset based lending, factoring, lease financing, insurance premium finance, government guaranteed lending, and other commercial finance products; consumer credit products; other consumer financing services; short-term taxpayer advance loans; and warehouse financing services. In addition, the company issues prepaid cards and consumer credit products; sponsors merchant acquiring and automated teller machines (ATMs) in various debit networks; and offers tax refund-transfer services, and other payment industry products and services. The company was formerly known as Meta Financial Group, Inc. and changed its name to Pathward Financial, Inc. in July 2022. Pathward Financial, Inc. was founded in 1954 and is headquartered in Sioux Falls, South Dakota.Show more
  • Net Interest Income$512M+12.5%
  • Total Revenue$685M+2.4%
  • Net Income$186M+1.4%
  • Return on Equity21.91%-10.9%
  • Net Interest Margin7.14%+18.4%
  • Efficiency Ratio57.47%+3.6%
  • ROA2.53%+3.9%
  • Equity / Assets11.96%+7.5%
  • Book Value per Share36.45+9.4%

CASH Price & Volume

Pathward Financial, Inc. (CASH) stock price & volume — 10-year historical chart

Loading chart...

Seasonal Fee Volatility Masks Underlying Margin Pressure

Investment Thesis • Updated 2026Q2

VerdictNeutral: While the forward P/E of 9.95 suggests a reasonable valuation
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:Regulatory and seasonal concentration

Key Thesis Takeaways

  • Pathward Financial operates a highly specialized, seasonal business model where non-interest income, which reached 53.6% of total revenue in 2026Q2, dictates quarterly profitability.
  • While the bank maintains a conservative capital structure with an equity-to-assets ratio of 0.12, investors should monitor the significant volatility in provision expenses, which spiked to $45.6 million in 2026Q2.
  • The reliance on short-duration, high-velocity consumer lending creates inherent credit risks that may continue to pressure earnings stability outside of peak tax-refund cycles.

Verdict Logic

the extreme quarterly variance in provision expenses, rising from $3.2 million in 2026Q1 to $45.6 million in 2026Q2, warrants caution regarding credit quality.

CASH Growth Metrics

Pathward Financial, Inc. (CASH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years20.83%
5 Years7.51%
3 Years9.4%
TTM-

Profit CAGR

10 Years26.26%
5 Years12.16%
3 Years7.14%
TTM3.01%

EPS CAGR

10 Years24.35%
5 Years21.77%
3 Years14.37%
TTM12.42%

Return on Capital

10 Years15.3%
5 Years20.08%
3 Years20.7%
Last Year17.33%

CASH Recent Earnings

Pathward Financial, Inc. (CASH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (82%)●Beat Revenue 3/12 qtrs (27%)
Q2 2026Latest
Apr 22, 2026
Metric
Actual
Est
EPS
$3.35+0.0%
$3.35
Rev
$276M+1.6%
$272M
Q1 2026
Jan 22, 2026
Metric
Actual
Est
EPS
$1.57+13.8%
$1.38
Rev
$173M-6.8%
$186M
Q4 2025
Oct 21, 2025
Metric
Actual
Est
EPS
$1.69+22.5%
$1.38
Rev
$155M-20.3%
$195M
Q4 2025
Sep 16, 2025
Metric
Actual
Est
EPS
$1.82
—
Rev
$158M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$3.35vs $3.35+0.0%
$276Mvs $272M+1.6%
Q1 2026Jan 22, 2026
$1.57vs $1.38+13.8%
$173Mvs $186M-6.8%
Q4 2025Oct 21, 2025
$1.69vs $1.38+22.5%
$155Mvs $195M-20.3%
Q4 2025Sep 16, 2025
$1.82
$158M
Based on last 12 quarters of dataView full earnings history →

Latest CASH News

Recent stock market news and headlines for Pathward Financial, Inc. (CASH)

PRNewsWire·6 days ago
SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JULY 2026

DALLAS, July 2, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.429150 per unit, payable on July 29, 2026, to unit holders of record on July 15, 2026. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabine.com/.

Business Wire·6 days ago
U.S. News & World Report Names Pathward a 2026-2027 Best Company to Work For

SIOUX FALLS, S.D.--(BUSINESS WIRE)--U.S. News & World Report Named Pathward a 2026-2027 Best Company to Work For.

PRNewsWire·Jun 30, 2026
OLD REPUBLIC ANNOUNCES RESULTS OF THE SPECIAL MEETING OF MEMBERS OF EVERETT CASH MUTUAL INSURANCE CO.

CHICAGO, June 30, 2026 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced the results of the special meeting of the members of Everett Cash Mutual Insurance Co. ("ECM") held this morning at which members approved, among other matters, the conversion of ECM from a mutual insurance company to a stock insurance company named ECM Insurance Company and the acquisition of ECM Insurance Company and its subsidiaries (the "ECM Group") by Old Republic. In addition, Old Republic completed its offering of shares of its common stock for cash on a subscription basis to certain of the ECM members, employees, and non-employee directors.

PRNewsWire·Jun 29, 2026
THERAVANCE BIOPHARMA ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY ZYMEWORKS FOR $17.00 PER SHARE IN CASH PLUS A CONTINGENT VALUE RIGHT

Theravance Biopharma shareholders to receive $17.00 per share in cash, representing an equity value of approximately $929 million Theravance Biopharma shareholders to receive a contingent value right (CVR) entitling them to 80% of net proceeds from any future license, divestiture or other monetization of ampreloxetine within the next ten years Transaction follows a comprehensive strategic alternatives review conducted by the Company's Strategic Review Committee and Board of Directors Transaction expected to close in the second half of 2026, subject to shareholder approval and customary closing conditions DUBLIN, June 29, 2026 /PRNewswire/ -- Theravance Biopharma, Inc. ("Theravance Biopharma" or the "Company") (Nasdaq: TBPH) today announced that it has entered into a definitive agreement pursuant to which Zymeworks Inc. will acquire the Company for $17.00 per share in cash, representing an equity value of approximately $929 million. In addition to the cash consideration, Theravance Biopharma shareholders will receive a CVR entitling them to 80% of net proceeds realized from any future license, divestiture or other monetization of ampreloxetine over the next ten years, with the remaining 20% to Zymeworks.

Business Wire·Jun 27, 2026
TESTtest Testing Statements by TEST That Reflect Expectations

TEST CITY, Calif.--(BUSINESS WIRE)---- $cash #hash--This press release contains statements and typos that relate to future events and expectations, including those relating to the proposed notes offering, the intended use of the net proceeds from the issuance of the notes and the Tender Offers, and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. https://example.com Forward-looking statements include those containing such words as “aims.”.

Peers Comparison

Key metrics vs top competitors for Pathward Financial, Inc. (CASH)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CASH logoCASHPathward Financial, Inc.Current
$90.44$1.91B11.492.44%27.13%21.91%0.22%
GDOT logoGDOTGreen Dot Corporation
$13.30$753.85M-7.4320.69%-3.25%-7.74%—
EVTC logoEVTCEVERTEC, Inc.
$28.60$1.76B13.0010.21%13.95%18.65%—
FCFS logoFCFSFirstCash Holdings, Inc
$223.25$9.85B30.098.04%9.14%15.91%—
NAVI logoNAVINavient Corporation
$8.35$784.81M-10.31-23.74%-1.96%-2.45%—
SLM logoSLMSLM Corporation
$25.08$4.97B7.254.1%33.13%31.01%—

Compare CASH vs Peers

Pathward Financial, Inc. (CASH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GDOT

Most directly comparable listed peer for CASH.

Scale Benchmark

vs V

Larger-name benchmark to compare CASH against a more recognizable public peer.

Peer Set

Compare Top 5

vs GDOT, EVTC, FCFS, NAVI

CASH SEC Filings & Documents

Pathward Financial, Inc. (CASH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 21, 2026·SEC

Material company update

Apr 22, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

3
FY 2025

Nov 25, 2025·SEC

FY 2024

Nov 26, 2024·SEC

FY 2023

Nov 21, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2026

Feb 5, 2026·SEC

FY 2025

Sep 16, 2025·SEC

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CASH Frequently Asked Questions

Pathward Financial, Inc. (CASH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Pathward Financial, Inc. growing?

Pathward Financial, Inc. (CASH) grew revenue by 2.4% over the past year. Growth has been modest.

Is CASH profitable?

Yes, Pathward Financial, Inc. (CASH) is profitable, generating $188.9M in net income for fiscal year 2025 (27.1% net margin).

Dividend & Returns
Does CASH pay dividends?

Yes, Pathward Financial, Inc. (CASH) pays a dividend with a yield of 0.22%. This makes it attractive for income-focused investors.

What is CASH's return on equity?

Pathward Financial, Inc. (CASH) has a return on equity (ROE) of 21.9%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics
What is Pathward Financial, Inc.'s net interest margin?

Pathward Financial, Inc. (CASH) has a net interest margin (NIM) of 7.1%. This indicates healthy earnings from lending activities.

What is Pathward Financial, Inc.'s efficiency ratio?

Pathward Financial, Inc. (CASH) has an efficiency ratio of 57.5%. This is reasonable for a bank.

What if you invested $1,000 in CASH back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →