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Stock impact report

Pathward Financial, Inc. Announces Results for 2024 Fiscal Second Quarter

Pathward Financial, Inc. (CASH) 
Last pathward financial, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: metafinancialgroup.com/investor-overview
Company Research Source: Business Wire
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $65.3 million, or $2.56 per share, for the three months ended March 31, 2024, compared to net income of $54.8 million, or $1.99 per share, for the three months ended March 31, 2023. For the fiscal quarter ended March 31, 2023, the Company recognized adjusted net income of $60.3 million, or $2.18 per share, when adjusting for the adverse financial impacts related to legacy mobile solar transactions and a venture capital investment impairment expense. See non-GAAP reconciliation table below.CEO Brett Pharr said, “We continue to produce strong results by focusing on risk adjusted returns, enhancing our Banking as a Service offerings, and spending the off-season in tax services improving our data analytics, underwriting and monitoring processes. We delivered significant growth in net income and earnings per share through solid performance across th Show less Read more
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