CPI Card Group Inc. (PMTS) 10-Year Financial Performance & Capital Metrics

PMTS • • Banking & Credit

Financial ServicesCredit ServicesPayment Processing & Digital PaymentsPayment Networks & Processors

AboutCPI Card Group Inc., together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing banks. Its products include Europay, Mastercard, And Visa (EMV) and non-EMV financial payment cards and metal cards, as well as private label credit cards. This segment also provides on-demand services and various integrated card services, including card personalization and fulfillment, and instant issuance services. The Prepaid Debit segment primarily offers integrated card services comprising tamper-evident security packaging services to prepaid debit card providers. It also produces financial payment cards issued on the networks of the payment card brands. It serves issuers of debit and credit cards, Prepaid Debit Card program managers, community banks, credit unions, group service providers, and card transaction processors in the United States. The company was formerly known as CPI Holdings I, Inc. and changed its name to CPI Card Group Inc. in August 2015. CPI Card Group Inc. was incorporated in 2007 and is based in Littleton, Colorado.Show more

Net Interest Income -$34M -26.7%
Total Revenue $481M +8.1%
Net Income $20M -18.6%
Return on Equity -
Net Interest Margin -9.75% -6.4%
Efficiency Ratio 22.56% +6.8%
ROA 6.07% -25.3%
Equity / Assets -10.19% +42.4%
Book Value per Share -3.00 +31.2%
Tangible BV/Share -7.85 +17.3%
Debt/Equity -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 22.6% efficiency ratio
✓Diversified revenue: 100.0% from non-interest income

✗Weaknesses

✗Weak NIM of -9.7%
✗Weak momentum: RS Rating 15 (bottom 15%)
✗Thin capital base
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y6.3%

5Y11.56%

3Y8.61%

TTM-

Profit (Net Income) CAGR

10Y3.91%

5Y-

3Y6.99%

TTM-7.16%

EPS CAGR

10Y-

5Y-

3Y6.44%

TTM-8.14%

ROCE

10Y Avg18.54%

5Y Avg27.18%

3Y Avg28.97%

Latest24.23%

Peer Comparison

Payment Networks & Processors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MAMastercard Incorporated	485.73B	544.99	39.24	12.23%	45.71%	179.61%	2.95%	2.80
VVisa Inc.	552.73B	327.88	32.15	11.34%	50.14%	52.91%	3.9%	0.66
PMTSCPI Card Group Inc.	155.1M	13.62	8.30	8.11%	4.06%		21.96%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	0	-20.04M	-20.85M	-23.43M	-24.89M	-25.4M	-30.61M	-29.62M	-26.91M	-34.09M
NII Growth %	1%	-	-0.04%	-0.12%	-0.06%	-0.02%	-0.21%	0.03%	0.09%	-0.27%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	20.04M	20.85M	23.43M	24.89M	25.4M	30.61M	29.62M	26.91M	34.09M
Loan Loss Provision	238.29M	186.76M	134.69M	153.79M	162.11M	176.48M	203.09M	270.36M	262.14M	275.3M
Non-Interest Income+	374.11M	308.7M	223.74M	255.81M	278.07M	312.19M	375.12M	475.75M	444.55M	480.6M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	374.11M	308.7M	223.74M	255.81M	278.07M	312.19M	375.12M	475.75M	444.55M	480.6M
Revenue Growth %	0.43%	-0.17%	-0.28%	0.14%	0.09%	0.12%	0.2%	0.27%	-0.07%	0.08%
Non-Interest Expense	68.1M	72.92M	87.5M	74M	66.36M	71.92M	81.96M	96.64M	93.9M	108.43M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	67.72M	28.98M	-19.3M	4.59M	24.71M	38.39M	59.46M	79.13M	61.59M	62.79M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.96%	-0.57%	-1.67%	1.24%	4.39%	0.55%	0.55%	0.33%	-0.22%	0.02%
Pretax Income+	49.11M	8.54M	-39.62M	-19.14M	-1.52M	12.88M	23.82M	49.15M	34.46M	25.03M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	17.85M	3.14M	-16.54M	-4.34M	3.47M	-3.31M	7.88M	12.61M	10.48M	5.51M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	30.86M	5.4M	-22.01M	-37.46M	-5.12M	16.13M	15.94M	36.54M	23.98M	19.52M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	1.32%	-0.83%	-5.08%	-0.7%	0.86%	4.15%	-0.01%	1.29%	-0.34%	-0.19%
Net Income (Continuing)	31.26M	5.4M	-23.09M	-14.8M	-4.99M	16.19M	15.94M	36.54M	23.98M	19.52M
EPS (Diluted)+	-0.20	0.50	-1.98	-3.36	-0.40	1.44	1.36	3.11	2.01	1.64
EPS Growth %	0.95%	3.5%	-4.96%	-0.7%	0.88%	4.6%	-0.06%	1.29%	-0.35%	-0.18%
EPS (Basic)	-0.20	0.50	-1.98	-3.36	-0.40	1.44	1.42	3.24	2.10	1.75
Diluted Shares Outstanding	9.02M	10.8M	11.12M	11.15M	11.2M	11.23M	11.76M	11.75M	11.92M	11.88M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	13.61M	36.95M	23.2M	20.29M	18.68M	57.6M	20.68M	11.04M	12.41M	33.54M
Short Term Investments	0	0	0	0	0	0	0	0	0	0
Total Investments+	-24.07M	-21.26M	-12.29M	-5.75M	0	0	0	0	0	0
Investments Growth %	-	0.12%	0.42%	0.53%	1%	-	-	-	-	-
Long-Term Investments	-24.07M	-21.26M	-12.29M	-5.75M	0	0	0	0	0	0
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	73.12M	72M	53.61M	47.15M	47.15M	47.15M	47.15M	47.15M	47.15M	47.15M
Intangible Assets	53.99M	46.35M	41.47M	35.44M	30.8M	26.21M	21.85M	17.99M	14.12M	10.49M
PP&E (Net)	52.11M	53.42M	49.3M	39.11M	41.61M	39.4M	47.25M	57.18M	63.05M	68.65M
Other Assets	110K	240K	248K	1.03M	1.23M	857K	6.18M	6.78M	3.98M	20.32M
Total Current Assets	101.02M	92.42M	89.37M	84.47M	92.22M	152.53M	145.7M	167.57M	165.38M	203.04M
Total Non-Current Assets	179.33M	172M	144.63M	122.73M	120.8M	113.62M	122.44M	129.1M	128.31M	146.62M
Total Assets+	280.35M	264.42M	234M	207.2M	213.01M	266.15M	268.14M	296.67M	293.68M	349.66M
Asset Growth %	0.05%	-0.06%	-0.12%	-0.11%	0.03%	0.25%	0.01%	0.11%	-0.01%	0.19%
Return on Assets (ROA)	0.11%	0.02%	-0.09%	-0.17%	-0.02%	0.07%	0.06%	0.13%	0.08%	0.06%
Accounts Payable	17.83M	11M	13.24M	16.51M	16.48M	18.88M	26.44M	24.37M	12.8M	16.12M
Total Debt+	309M	301.92M	303.87M	305.82M	312.27M	341.12M	307.74M	291.22M	272.31M	289.47M
Net Debt	295.39M	264.97M	280.66M	285.53M	293.59M	283.51M	287.06M	280.18M	259.9M	255.93M
Long-Term Debt	300M	301.92M	303.87M	305.82M	307.78M	328.68M	303.63M	285.52M	265M	280.4M
Short-Term Debt	9M	0	0	0	0	8.03M	0	0	0	0
Other Liabilities	869K	1.23M	15.17M	8.64M	11.48M	11.17M	15.51M	18.4M	24.04M	25.97M
Total Current Liabilities	42.02M	35.28M	34.54M	41.28M	41.69M	56.93M	64.78M	68.01M	49.45M	75.59M
Total Non-Current Liabilities	324.94M	324.42M	319.04M	315.5M	325.62M	347.26M	324.38M	310.73M	296.17M	309.69M
Total Liabilities	366.96M	359.69M	353.58M	356.78M	367.31M	404.19M	389.16M	378.74M	345.62M	385.28M
Total Equity+	-86.61M	-95.27M	-119.57M	-149.58M	-154.3M	-138.04M	-121.02M	-82.08M	-51.94M	-35.62M
Equity Growth %	-2.99%	-0.1%	-0.26%	-0.25%	-0.03%	0.11%	0.12%	0.32%	0.37%	0.31%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	-	-	-	-	-	-	-	-	-	-
Book Value per Share	-9.60	-8.82	-10.76	-13.42	-13.78	-12.29	-10.29	-6.99	-4.36	-3.00
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	56K	55K	11K	11K	11K	11K	11K	11K	11K	11K
Additional Paid-in Capital	-119.03M	-114.88M	-113.08M	-112.22M	-111.99M	-111.86M	-110.78M	-108.38M	-102.22M	-105.43M
Retained Earnings	36.66M	25.97M	-1.37M	-36M	-42.32M	-26.19M	-10.25M	26.29M	50.28M	69.8M
Accumulated OCI	-4.3M	-6.42M	-5.14M	-1.36M	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	299K	415K	138K	360K	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	43.92M	59.96M	2.43M	3.52M	2.84M	22.01M	20.23M	31.34M	34.04M	43.31M
Operating CF Growth %	0.65%	0.37%	-0.96%	0.45%	-0.19%	6.75%	-0.08%	0.55%	0.09%	0.27%
Net Income	30.86M	5.4M	-22.01M	-37.46M	-4.45M	16.13M	15.94M	36.54M	23.98M	19.52M
Depreciation & Amortization	15.99M	16.93M	16.92M	18.41M	17M	16.83M	15.1M	14.89M	15.93M	16.42M
Deferred Taxes	10.91M	-1.83M	-9.17M	-6.9M	1.15M	1.04M	-2.16M	1.55M	331K	-3.94M
Other Non-Cash Items	7.34M	4.46M	18.76M	21.36M	3.44M	5.29M	7.63M	3.5M	1.44M	10.3M
Working Capital Changes	-30.83M	31.42M	-4.06M	7.15M	-14.54M	-17.41M	-17.53M	-28.62M	-15.16M	-7.54M
Cash from Investing+	-13.67M	-14.29M	-8.79M	-5.85M	-2.57M	-7.09M	-9.92M	-17.77M	-6.22M	-9.22M
Purchase of Investments	0	0	0	0	0	0	0	0	0	0
Sale/Maturity of Investments	0	0	0	0	0	0	0	0	0	0
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	1.45M	0	0	0	0	0
Other Investing	5M	0	-1.53M	-220K	150K	0	156K	95K	183K	36K
Cash from Financing+	-29.4M	-21.92M	-7.88M	-519K	-1.93M	23.98M	-47.23M	-23.16M	-26.44M	-12.96M
Dividends Paid	-230.36M	-7.52M	-7.54M	0	0	0	0	0	0	0
Share Repurchases	0	-6.01M	0	0	0	0	0	0	-250K	-8.68M
Stock Issued	135.3M	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	0	-519K	-1000K	1000K	-1000K	-1000K	-1000K	1000K
Other Financing	-17.66M	611K	-341K	0	0	-2.51M	-12.31M	-1.94M	-368K	-16.16M
Net Change in Cash+	665K	23.35M	-13.75M	-2.91M	-1.61M	38.92M	-36.92M	-9.65M	1.38M	21.13M
Exchange Rate Effect	-186K	-399K	494K	-61K	50K	23K	1K	-47K	0	0
Cash at Beginning	12.94M	13.61M	36.95M	23.2M	20.29M	18.68M	57.6M	20.68M	11.04M	12.41M
Cash at End	13.61M	36.95M	23.2M	20.29M	18.68M	57.6M	20.68M	11.04M	12.41M	33.54M
Interest Paid	11.99M	15.07M	18.47M	0	23.04M	22.75M	22.27M	27.71M	25.74M	26.32M
Income Taxes Paid	10.14M	468K	30K	0	780K	1.3M	9.79M	12.58M	10.46M	9.76M
Free Cash Flow+	25.25M	45.66M	-4.84M	-2.11M	-1.33M	14.92M	10.15M	13.47M	27.64M	34.06M
FCF Growth %	1.61%	0.81%	-1.11%	0.56%	0.37%	12.19%	-0.32%	0.33%	1.05%	0.23%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Assets (ROA)	11.28%	1.98%	-8.83%	-16.98%	-2.44%	6.73%	5.97%	12.94%	8.13%	6.07%
Net Interest Margin	0%	-7.58%	-8.91%	-11.31%	-11.69%	-9.54%	-11.41%	-9.98%	-9.16%	-9.75%
Efficiency Ratio	18.2%	23.62%	39.11%	28.93%	23.86%	23.04%	21.85%	20.31%	21.12%	22.56%
Equity / Assets	-30.89%	-36.03%	-51.1%	-72.19%	-72.44%	-51.86%	-45.13%	-27.67%	-17.68%	-10.19%
Book Value / Share	-9.6	-8.82	-10.76	-13.42	-13.78	-12.29	-10.29	-6.99	-4.36	-3
NII Growth	100%	-	-4.02%	-12.38%	-6.23%	-2.03%	-20.52%	3.24%	9.13%	-26.66%
Dividend Payout	-	139.27%	-	-	-	-	-	-	-	-

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Products	-	-	-	125.07M	143.94M	171.97M	199.59M	281.19M	249.35M	250.01M
Products Growth	-	-	-	-	15.09%	19.47%	16.06%	40.89%	-11.32%	0.26%
Services	-	-	-	130.75M	134.13M	140.22M	175.53M	194.56M	195.19M	230.59M
Services Growth	-	-	-	-	2.59%	4.54%	25.18%	10.84%	0.33%	18.14%
U S Debit And Credit	263.67M	208.79M	158.9M	-	-	-	-	-	-	-
U S Debit And Credit Growth	-	-20.81%	-23.90%	-	-	-	-	-	-	-
U S Prepaid Debit	65.88M	60.06M	61.13M	-	-	-	-	-	-	-
U S Prepaid Debit Growth	-	-8.82%	1.78%	-	-	-	-	-	-	-
U K Limited	34.36M	29.69M	31.12M	-	-	-	-	-	-	-
U K Limited Growth	-	-13.60%	4.82%	-	-	-	-	-	-	-
All Others	17.42M	13.11M	11.05M	-	-	-	-	-	-	-
All Others Growth	-	-24.74%	-15.72%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North America	328.65M	274.54M	223.67M	-	-	-	-	-	-	-
North America Growth	-	-16.46%	-18.53%	-	-	-	-	-	-	-
U	316.11M	262.54M	214.14M	-	-	-	-	-	-	-
U Growth	-	-16.95%	-18.44%	-	-	-	-	-	-	-
G	36.95M	25.7M	25.64M	-	-	-	-	-	-	-
G Growth	-	-30.44%	-0.26%	-	-	-	-	-	-	-
C	12.54M	12M	9.54M	-	-	-	-	-	-	-
C Growth	-	-4.33%	-20.53%	-	-	-	-	-	-	-
Various Other Countries	8.5M	8.45M	5.55M	-	-	-	-	-	-	-
Various Other Countries Growth	-	-0.60%	-34.31%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

CPI Card Group Inc. (PMTS) has a price-to-earnings (P/E) ratio of 8.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

CPI Card Group Inc. (PMTS) grew revenue by 8.1% over the past year. This is steady growth.

Yes, CPI Card Group Inc. (PMTS) is profitable, generating $14.4M in net income for fiscal year 2024 (4.1% net margin).

Industry Metrics

CPI Card Group Inc. (PMTS) has a net interest margin (NIM) of -9.7%. NIM has been under pressure due to interest rate environment.

CPI Card Group Inc. (PMTS) has an efficiency ratio of 22.6%. This is excellent, indicating strong cost control.

US Stock Screener

...