Pathward Financial (NASDAQ:CASH) Releases Earnings Results, Beats Expectations By $0.30 EPS

Pathward Financial (NASDAQ:CASHGet Free Report) announced its quarterly earnings results on Tuesday. The savings and loans company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.30, Zacks reports. Pathward Financial had a net margin of 22.45% and a return on equity of 23.41%. The firm had revenue of $186.70 million for the quarter, compared to the consensus estimate of $189.50 million. During the same period in the prior year, the firm posted $1.35 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Pathward Financial updated its FY 2026 guidance to 8.250-8.750 EPS.

Pathward Financial Stock Down 0.0%

Shares of NASDAQ CASH opened at $71.74 on Thursday. Pathward Financial has a one year low of $64.45 and a one year high of $86.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.78 and a quick ratio of 0.77. The firm’s 50 day simple moving average is $75.65 and its two-hundred day simple moving average is $76.81. The stock has a market capitalization of $1.63 billion, a P/E ratio of 9.08 and a beta of 0.62.

Pathward Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 10th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, September 10th. Pathward Financial’s dividend payout ratio (DPR) is presently 2.65%.

Analysts Set New Price Targets

CASH has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Pathward Financial from $86.00 to $88.00 and gave the stock a “market perform” rating in a report on Friday, July 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Get Our Latest Report on Pathward Financial

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CASH. Revolve Wealth Partners LLC purchased a new stake in shares of Pathward Financial during the fourth quarter valued at approximately $267,437,000. Millennium Management LLC lifted its stake in Pathward Financial by 264.1% in the first quarter. Millennium Management LLC now owns 128,645 shares of the savings and loans company’s stock worth $9,385,000 after acquiring an additional 93,308 shares during the period. Boothbay Fund Management LLC purchased a new stake in Pathward Financial in the second quarter worth $5,026,000. First Trust Advisors LP lifted its stake in Pathward Financial by 87.7% in the second quarter. First Trust Advisors LP now owns 95,055 shares of the savings and loans company’s stock worth $7,521,000 after acquiring an additional 44,413 shares during the period. Finally, Bank of America Corp DE lifted its stake in Pathward Financial by 33.5% in the second quarter. Bank of America Corp DE now owns 71,014 shares of the savings and loans company’s stock worth $5,619,000 after acquiring an additional 17,817 shares during the period. 92.66% of the stock is currently owned by institutional investors.

Pathward Financial Company Profile

(Get Free Report)

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.

Further Reading

Earnings History for Pathward Financial (NASDAQ:CASH)

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