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

Pathward Financial logo with Finance background

Key Points

  • Pathward Financial reported $1.69 earnings per share for the quarter, beating estimates by $0.32.
  • The company announced a quarterly dividend of $0.05, with a 0.3% yield and a payout ratio of 2.65%.
  • Analysts have set a new average price target of $91.00 for Pathward Financial, with a consensus rating of "Moderate Buy."
  • MarketBeat previews top five stocks to own in November.

Pathward Financial (NASDAQ:CASH - Get Free Report) posted 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. The business had revenue of $186.70 million during the quarter, compared to analyst estimates of $189.50 million. Pathward Financial had a net margin of 22.23% and a return on equity of 22.53%. The firm's revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.35 earnings per share. Pathward Financial updated its FY 2026 guidance to 8.250-8.750 EPS.

Pathward Financial Trading Down 0.3%

NASDAQ:CASH opened at $71.75 on Wednesday. Pathward Financial has a 12 month low of $64.45 and a 12 month high of $86.00. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 9.49 and a beta of 0.62. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 0.04. The company's 50 day moving average is $75.75 and its 200-day moving average is $76.85.

Pathward Financial Dividend Announcement

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

Hedge Funds Weigh In On Pathward Financial

Institutional investors have recently modified their holdings of the company. Revolve Wealth Partners LLC bought a new position in shares of Pathward Financial in the fourth quarter valued at approximately $267,437,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Pathward Financial in the second quarter valued at approximately $980,000. Amundi grew its stake in shares of Pathward Financial by 18.8% in the second quarter. Amundi now owns 11,745 shares of the savings and loans company's stock worth $970,000 after acquiring an additional 1,857 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Pathward Financial by 6.3% in the second quarter. The Manufacturers Life Insurance Company now owns 11,882 shares of the savings and loans company's stock worth $940,000 after acquiring an additional 706 shares during the last quarter. Finally, Engineers Gate Manager LP grew its stake in shares of Pathward Financial by 182.0% in the second quarter. Engineers Gate Manager LP now owns 11,424 shares of the savings and loans company's stock worth $904,000 after acquiring an additional 7,373 shares during the last quarter. Institutional investors own 92.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CASH. 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 research report on Friday, July 11th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Pathward Financial in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $91.00.

Check Out Our Latest Stock Report on CASH

About Pathward Financial

(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.

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Earnings History for Pathward Financial (NASDAQ:CASH)

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