Pathward Financial (NASDAQ:CASH) Announces Earnings Results

Pathward Financial (NASDAQ:CASH) released its earnings results on Wednesday. The savings and loans company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58), FiscalAI reports. The business had revenue of $189.64 million during the quarter, compared to analysts’ expectations of $191.18 million. Pathward Financial had a return on equity of 22.35% and a net margin of 22.42%. Pathward Financial updated its FY 2027 guidance to 9.500-10.000 EPS and its FY 2026 guidance to 7.800-8.200 EPS.

Pathward Financial Trading Up 0.1%

NASDAQ:CASH traded up $0.07 on Wednesday, reaching $88.67. The company’s stock had a trading volume of 220,734 shares, compared to its average volume of 241,751. Pathward Financial has a 12-month low of $65.87 and a 12-month high of $101.26. The stock has a 50 day moving average price of $84.68 and a 200 day moving average price of $86.93. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 10.53 and a beta of 0.60. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.04.

Pathward Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Thursday, June 11th were issued a $0.05 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s dividend payout ratio is currently 2.38%.

Insiders Place Their Bets

In other news, Director Douglas J. Hajek sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total value of $431,850.00. Following the sale, the director directly owned 12,281 shares of the company’s stock, valued at approximately $1,060,709.97. The trade was a 28.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Elizabeth G. Hoople sold 4,500 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $82.29, for a total transaction of $370,305.00. Following the completion of the transaction, the director owned 28,050 shares in the company, valued at approximately $2,308,234.50. This represents a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.43% of the company’s stock.

Institutional Trading of Pathward Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CASH. EverSource Wealth Advisors LLC boosted its position in shares of Pathward Financial by 43,200.0% during the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after buying an additional 432 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Pathward Financial by 23.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock valued at $45,000 after buying an additional 118 shares during the period. State of Wyoming purchased a new stake in shares of Pathward Financial in the 2nd quarter valued at $46,000. Kestra Advisory Services LLC acquired a new position in Pathward Financial during the 4th quarter worth about $88,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in Pathward Financial by 9.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,030 shares of the savings and loans company’s stock worth $215,000 after acquiring an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CASH shares. Keefe, Bruyette & Woods increased their price target on Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial has an average rating of “Buy” and an average target price of $107.50.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.