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CASHPathward Financial, Inc.
$82.52$1.8B
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CASH logoPathward Financial, Inc.(CASH)Earnings, Financials & Key Ratios

CASH•NASDAQ•Banking & Credit
10.3× P/E·Price updated Jun 17, 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 Key Insights

Pathward Financial, Inc. (CASH) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Excellent 3Y average ROE of 22.9%
  • ✓Strong Piotroski F-Score: 8/9
  • ✓Strong NIM of 7.1%
  • ✓Well capitalized: 12.0% equity/assets
  • ✓Share count reduced 6.7% through buybacks

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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CASH Price & Volume

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

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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%
TTM7.11%

EPS CAGR

10 Years24.35%
5 Years21.77%
3 Years14.37%
TTM15.8%

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 →

CASH Peer Comparison

Pathward Financial, Inc. (CASH) competitors in Specialty finance and niche lenders — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
GDOT logoGDOTGreen Dot CorporationDirect Competitor724.94M12.79-7.1520.69%-3.25%-7.74%0.07
EVTC logoEVTCEVERTEC, Inc.Direct Competitor1.65B26.8112.1910.21%13.95%18.65%1.58
FCFS logoFCFSFirstCash Holdings, IncDirect Competitor9.89B224.1330.218.04%9.14%15.91%1.24
NAVI logoNAVINavient CorporationProduct Competitor749.1M7.97-9.84-23.74%-1.96%-2.45%19.05
SLM logoSLMSLM CorporationProduct Competitor4.55B22.956.634.1%33.13%31.01%2.39
ENVA logoENVAEnova International, Inc.Product Competitor4.92B197.3017.0418.58%9.95%24.88%3.41
OMF logoOMFOneMain Holdings, Inc.Product Competitor6.75B57.618.789.09%16.12%23.62%6.67
WRLD logoWRLDWorld Acceptance CorporationProduct Competitor873.6M173.4010.64-1.46%7.46%10.79%1.20

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 Income Statement

Pathward Financial, Inc. (CASH) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Net Interest Income
93.23M130.55M264.21M259.04M278.99M324.57M387.86M455.12M511.79M505.88M
NII Growth %
20.6%40.03%102.38%-1.96%7.7%16.34%19.5%17.34%12.45%31.19%
Net Interest Margin %
1.78%2.24%4.27%4.25%4.17%4.81%5.15%6.03%7.14%6.69%
Interest Income
108.1M158.53M325.73M292.84M285.85M329.44M398.74M476.35M523.39M516.26M
Interest Expense
14.87M27.98M61.52M33.8M6.86M4.87M10.87M21.23M11.6M10.38M
Loan Loss Provision
10.59M29.43M55.65M64.78M49.77M56.79M109.24M58.1M56.77M41.34M
Non-Interest Income
132.92M144.68M188.24M184.2M229.28M193.96M212.73M192.55M161.84M208.08M
Non-Interest Income %
55.15%47.71%36.62%38.61%44.51%37.06%34.79%28.79%23.62%28.73%
Total Revenue
241.02M▲ 0%
303.21M▲ 25.8%
513.97M▲ 69.5%
477.04M▼ 7.2%
515.13M▲ 8.0%
523.39M▲ 1.6%
611.47M▲ 16.8%
668.9M▲ 9.4%
685.23M▲ 2.4%
724.34M▲ 0%
Revenue Growth %
59.35%25.8%69.51%-7.19%7.99%1.6%16.83%9.39%2.44%49.89%
Non-Interest Expense
160.41M188.38M298.86M263.45M302.06M281.43M336.3M370.95M393.81M443.08M
Efficiency Ratio
66.55%62.13%58.15%55.23%58.64%53.77%55%55.46%57.47%61.17%
Operating Income
55.15M▲ 0%
57.41M▲ 4.1%
97.94M▲ 70.6%
115M▲ 17.4%
156.45M▲ 36.0%
180.3M▲ 15.2%
155.04M▼ 14.0%
218.62M▲ 41.0%
223.05M▲ 2.0%
229.54M▲ 0%
Operating Margin %
22.88%18.93%19.06%24.11%30.37%34.45%25.36%32.68%32.55%31.69%
Operating Income Growth %
42.06%4.1%70.6%17.42%36.03%15.25%-14.01%41%2.03%-
Pretax Income
55.15M▲ 0%
57.41M▲ 4.1%
97.94M▲ 70.6%
115M▲ 17.4%
156.45M▲ 36.0%
180.3M▲ 15.2%
155.04M▼ 14.0%
218.62M▲ 41.0%
223.05M▲ 2.0%
229.54M▲ 0%
Pretax Margin %
22.88%18.93%19.06%24.11%30.37%34.45%25.36%32.68%32.55%31.69%
Income Tax
10.23M5.12M-3.37M5.66M10.7M26.2M9.59M34.11M36.27M37.45M
Effective Tax Rate %
18.55%8.91%-3.44%4.92%6.84%14.53%6.18%15.6%16.26%16.32%
Net Income
44.92M▲ 0%
51.62M▲ 14.9%
97M▲ 87.9%
104.72M▲ 8.0%
141.71M▲ 35.3%
151.13M▲ 6.7%
143.27M▼ 5.2%
183.22M▲ 27.9%
185.87M▲ 1.4%
191.02M▲ 0%
Net Margin %
18.64%17.02%18.87%21.95%27.51%28.88%23.43%27.39%27.13%26.37%
Net Income Growth %
35.21%14.92%87.92%7.95%35.32%6.65%-5.21%27.89%1.45%7.11%
Net Income (Continuing)
44.92M52.29M101.32M109.34M145.75M154.1M145.46M184.51M186.79M192.09M
EPS (Diluted)
1.61▲ 0%
1.67▲ 3.7%
2.49▲ 49.1%
2.94▲ 18.1%
4.38▲ 49.0%
5.26▲ 20.1%
5.99▲ 13.9%
7.20▲ 20.2%
7.87▲ 9.3%
8.53▲ 0%
EPS Growth %
22.9%3.73%49.1%18.07%48.98%20.09%13.88%20.2%9.31%15.8%
EPS (Basic)
1.621.682.492.944.385.266.017.217.91-
Diluted Shares Outstanding
27.91M30.85M38.92M35.65M31.75M29.23M26.93M25.2M23.52M22.38M

CASH Balance Sheet

Pathward Financial, Inc. (CASH) balance sheet — assets, liabilities & shareholders' equity

MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Cash & Short Term Investments
2.37B1.59B1.02B1.24B2.18B2.27B2.18B1.9B1.09B4.93B
Cash & Due from Banks
1.27B99.98M126.55M427.37M314.02M388.04M375.58M158.34M120.57M331.22M
Short Term Investments
1.11B1.49B889.95M814.5M1.86B1.88B1.8B1.74B973.01M961.37M
Total Investments
3.57B4.97B5.19B4.81B5.25B5.23B6.05B6.34B6B6.21B
Investments Growth %
18.82%38.95%4.4%-7.23%9.19%-0.53%15.81%4.78%-5.39%-9.46%
Long-Term Investments
2.47B3.48B4.3B4B3.39B3.34B4.25B4.6B5.03B19.91B
Accounts Receivables
19.38M22.02M20.4M16.63M16.25M17.98M23.28M31.39M38.52M36.17M
Goodwill & Intangibles
150.9M373.99M362.31M351.2M342.65M335.2M330.23M326.09M310.43M309.71M
Goodwill
98.72M303.27M309.5M309.5M309.5M309.5M309.5M309.5M297.93M297.9M
Intangible Assets
52.18M70.72M52.81M41.69M33.15M25.69M20.72M16.59M12.5M11.81M
PP&E (Net)
19.32M147.75M254.47M247.57M258M246.08M250.91M244.39M200.08M196.9M
Other Assets
158.85M177.42M205.07M212.39M204.99M324.14M320.54M296.08M354.59M472.01M
Total Current Assets
2.42B1.63B1.05B1.27B2.47B2.5B2.39B2.08B1.28B1.33B
Total Non-Current Assets
2.81B4.2B5.14B4.83B4.22B4.25B5.15B5.47B5.89B6.23B
Total Assets
5.23B▲ 0%
5.84B▲ 11.6%
6.18B▲ 6.0%
6.09B▼ 1.5%
6.69B▲ 9.8%
6.75B▲ 0.8%
7.54B▲ 11.7%
7.55B▲ 0.2%
7.17B▼ 5.0%
7.56B▲ 0%
Asset Growth %
30.5%11.6%5.96%-1.47%9.83%0.85%11.68%0.18%-4.99%-15.75%
Return on Assets (ROA)
0.97%0.93%1.61%1.71%2.22%2.25%2.01%2.43%2.53%2.64%
Accounts Payable
2.28M7.79M9.41M1.92M579K00000
Total Debt
1.49B514.72M861.86M98.22M98.03M36.03M46.87M410.35M42.46M33.48M
Net Debt
222.48M414.75M735.31M-329.14M-215.99M-352.01M-328.71M252.02M-78.11M-297.74M
Long-Term Debt
83.66M87.15M197.31M87.47M92.83M36.03M33.87M33.35M33.46M33.48M
Short-Term Debt
1.4B425.69M646.02M00013M377M9M0
Other Liabilities
0000-5.77M00424.29M385.49M322.62M
Total Current Liabilities
4.71B5B5.12B5.15B5.73B6.07B6.85B6.25B5.9B6.35B
Total Non-Current Liabilities
85.53M88.96M215.84M98.22M92.25M36.03M33.87M457.65M418.94M356.1M
Total Liabilities
4.79B5.09B5.34B5.24B5.82B6.1B6.88B6.71B6.31B6.71B
Total Equity
434.5M▲ 0%
747.73M▲ 72.1%
843.96M▲ 12.9%
847.31M▲ 0.4%
871.88M▲ 2.9%
645.14M▼ 26.0%
650.63M▲ 0.9%
839.61M▲ 29.0%
857.45M▲ 2.1%
853.71M▲ 0%
Equity Growth %
29.71%72.09%12.87%0.4%2.9%-26.01%0.85%29.05%2.13%29.08%
Equity / Assets (Capital Ratio)
8.31%12.81%13.65%13.91%13.03%9.56%8.63%11.12%11.96%11.29%
Return on Equity (ROE)
11.67%8.73%12.19%12.38%16.49%19.93%22.11%24.59%21.91%22.85%
Book Value per Share
15.5724.2421.6823.7727.4622.0724.1633.3236.4538.14
Tangible BV per Share
10.1612.1112.3713.9216.6710.6011.9020.3823.2624.31
Common Stock
288K393K378K344K317K288K262K248K228K222K
Additional Paid-in Capital
258.34M565.81M580.83M594.57M604.48M617.4M628.5M638.8M648.33M651.2M
Retained Earnings
167.16M213.05M252.81M234.93M259.19M245.39M278.65M354.47M359.83M346.53M
Accumulated OCI
9.17M-33.11M6.34M17.54M7.6M-213.08M-255.44M-153.39M-145.46M-135M
Treasury Stock
-266K-1.99M-445K-3.68M-860K-4.83M-344K-249K-4.88M-8.42M
Preferred Stock
0000000000

CASH Cash Flow Statement

Pathward Financial, Inc. (CASH) cash flow — operating, investing & free cash flow history

MetricSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25TTM
Cash from Operations
120M137.75M191.01M467.22M581.64M268.81M303.11M453.54M450.62M630.66M
Operating CF Growth %
218078.18%14.8%38.66%144.6%24.49%-53.78%12.76%49.63%-0.64%302.93%
Net Income
44.92M52.29M101.32M109.34M145.75M159.35M165.81M168.36M186.79M191.02M
Depreciation & Amortization
45.05M37.72M55.15M60.74M59.05M61.6M64.95M57.77M59.73M58.2M
Deferred Taxes
-6.29M6.53M-14.3M-2.35M-1.64M17.59M-175K11.12M16.8M16.26M
Other Non-Cash Items
21.51M53.98M24.01M262.63M328.37M55.18M-23.46M34.41M297.38M652.43M
Working Capital Changes
4.41M-23.89M11.9M26.63M43.27M-34.92M84.91M171.61M-119.58M-299.07M
Cash from Investing
-700.43M-389.79M-339.2M-206.32M-1.12B-310.87M-920.76M-227.66M25.84M-567.28M
Purchase of Investments
-849.54M-626.58M-299.27M-229.33M-1.04B-907.36M-156.88M-3.46M-2.28M-1.11M
Sale/Maturity of Investments
635.21M799.4M954.68M282.18M456.63M604.47M182.13M205.05M406.72M236.43M
Net Investment Activity
-214.33M172.83M655.42M52.85M-585.13M-302.89M25.25M201.58M404.44M235.31M
Acquisitions
-29.43M58.85M03.5M0000608.46M8.22M
Other Investing
-449.88M-596.08M-836.21M-196.76M-469.24M430.89M-496.1M-152.49M-773.03M-651.67M
Cash from Financing
1.07B-915.58M174.88M40.02M422.93M117.82M604.86M-443.2M-513.03M-331.17M
Dividends Paid
-4.84M-5.74M-7.76M-7.1M-6.4M-5.92M-5.43M-5.07M-4.69M-4.59M
Share Repurchases
-470K-2.6M-49.91M-118.74M-99.88M-168.24M-120.44M-86.85M-163.05M-156.93M
Stock Issued
12K4K3K2K01K1K3K01K
Net Stock Activity
-458K-2.59M-49.91M-118.74M-99.88M-168.23M-120.44M-86.85M-163.05M-156.93M
Debt Issuance (Net)
1000K-1000K1000K-1000K-32K-1000K1000K1000K-1000K-1000K
Other Financing
776.09M-480.29M-42.37M923.61M529.24M347.05M717.72M-715.28M22.71M-169.64M
Net Change in Cash
493.76M▲ 0%
-1.17B▼ 336.5%
26.57M▲ 102.3%
300.82M▲ 1032.3%
-113.35M▼ 137.7%
74.02M▲ 165.3%
-12.46M▼ 116.8%
-217.24M▼ 1643.8%
-37.77M▲ 82.6%
-266.18M▲ 0%
Exchange Rate Effect
03K-122K-101K476K-1.74M331K81K-1.21M1.6M
Cash at Beginning
773.83M1.27B99.98M126.55M427.37M314.02M388.04M375.58M158.34M120.57M
Cash at End
1.27B99.98M126.55M427.37M314.02M388.04M375.58M158.34M120.57M331.22M
Interest Paid
16.28M33.5M041.29M8.21M5.26M10.82M20.91M11.98M9.07M
Income Taxes Paid
20.06M8.95M07.04M9.01M13.94M15.41M20.36M19.05M-1.48M
Free Cash Flow
113.2M▲ 0%
112.36M▼ 0.7%
32.61M▼ 71.0%
401.32M▲ 1130.7%
517.62M▲ 29.0%
-170.06M▼ 132.9%
-146.79M▲ 13.7%
176.78M▲ 220.4%
236.59M▲ 33.8%
421.9M▲ 0%
FCF Growth %
1734.89%-0.74%-70.98%1130.69%28.98%-132.85%13.68%220.43%33.83%210.56%

CASH Banking Ratios

Pathward Financial, Inc. (CASH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
11.67%8.73%12.19%12.38%16.49%19.93%22.11%24.59%21.91%22.85%
Return on Assets (ROA)
0.97%0.93%1.61%1.71%2.22%2.25%2.01%2.43%2.53%2.64%
Net Interest Margin
1.78%2.24%4.27%4.25%4.17%4.81%5.15%6.03%7.14%6.69%
Efficiency Ratio
66.55%62.13%58.15%55.23%58.64%53.77%55%55.46%57.47%61.17%
Equity / Assets
8.31%12.81%13.65%13.91%13.03%9.56%8.63%11.12%11.96%11.29%
Book Value / Share
15.5724.2421.6823.7727.4622.0724.1633.3236.4538.14
NII Growth
20.6%40.03%102.38%-1.96%7.7%16.34%19.5%17.34%12.45%7.56%
Dividend Payout
10.77%11.11%8%6.78%4.52%3.92%3.79%2.77%2.52%2.4%
Related:CASH Dividend History·CASH Revenue History·CASH Price History·CASH P/E History·CASH Financial Ratios·CASH Institutional Holders

CASH SEC Filings & Documents

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

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Feb 26, 2026·SEC

Material company update

Feb 25, 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

Feb 5, 2026·SEC

FY 2025

Sep 16, 2025·SEC

FY 2025

Sep 10, 2025·SEC

CASH Frequently Asked Questions

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

Growth & Financials

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

Yes, Pathward Financial, Inc. (CASH) is profitable, generating $191.0M in net income for fiscal year 2025 (27.1% net margin).

Dividend & Returns

Yes, Pathward Financial, Inc. (CASH) pays a dividend with a yield of 0.25%. This makes it attractive for income-focused investors.

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

Industry Metrics

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

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?

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How much would $100/month in CASH be worth today?

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