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Pathward Financial (CASH) Financials

Pathward Financial logo
$80.12 +0.07 (+0.09%)
Closing price 04:00 PM Eastern
Extended Trading
$80.14 +0.02 (+0.02%)
As of 04:11 PM Eastern
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Annual Income Statements for Pathward Financial

Annual Income Statements for Pathward Financial

This table shows Pathward Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 9/30/2014 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Net Income / (Loss) Attributable to Common Shareholders		 16 18 33 45 52 97 105 142 156 164 168
Consolidated Net Income / (Loss)		 16 18 33 45 52 101 109 146 159 166 170
Net Income / (Loss) Continuing Operations		 16 18 33 45 52 101 109 146 159 166 170
Total Pre-Tax Income 		19 19 39 55 57 98 115 156 187 182 199
Total Revenue		 98 117 178 265 315 487 499 550 601 704 755
Net Interest Income / (Expense)		 46 59 77 93 131 264 259 279 307 388 455
Total Interest Income		 49 62 81 108 159 326 293 286 312 399 476
Loans and Leases Interest Income		 20 30 36 52 98 275 261 256 268 324 396
Investment Securities Interest Income		 15 14 16 17 15 11 9.03 12 27 41 39
Other Interest Income		 14 18 29 39 45 40 23 18 17 34 41
Total Interest Expense		 2.40 2.39 4.09 15 28 62 34 6.86 4.87 11 21
Deposits Interest Expense		 0.97 0.73 0.61 6.05 15 47 23 1.59 0.50 4.36 13
Long-Term Debt Interest Expense		 1.43 1.66 3.48 8.82 13 15 11 5.27 4.37 6.52 8.21
Total Non-Interest Income		 52 58 101 172 185 223 240 271 294 317 300
Other Service Charges		 51 57 0.01 0.26 8.33 9.98 15 26 17 22 23
Net Realized & Unrealized Capital Gains on Investments		 0.01 -1.61 -0.33 -0.01 0.56 7.83 24 12 44 13 13
Other Non-Interest Income		 1.14 2.35 101 172 176 205 201 233 233 282 264
Provision for Credit Losses		 1.15 1.47 4.61 11 29 56 65 50 29 57 43
Total Non-Interest Expense		 78 97 135 200 228 333 319 344 385 465 513
Salaries and Employee Benefits		 38 46 70 101 121 163 144 151 171 184 201
Net Occupancy & Equipment Expense		 10 13 15 18 20 28 27 29 35 35 37
Property & Liability Insurance Claims		 4.15 4.98 4.82 8.38 15 17 21 31 41 27 25
Other Operating Expenses		 25 29 37 58 58 71 79 90 96 165 201
Depreciation Expense		 - - 0.00 0.00 5.39 26 33 31 36 46 42
Amortization Expense		 - - 4.83 12 9.64 18 11 8.55 6.59 4.97 4.13
Impairment Charge		 0.08 1.35 0.00 - 0.02 9.66 1.98 2.82 0.67 3.27 3.01
Income Tax Expense		 2.91 1.37 5.60 10 5.12 -3.37 5.66 11 28 16 29
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - 0.00 0.00 0.67 4.31 4.62 4.04 2.97 2.19 1.29
Basic Earnings per Share		 $2.57 $2.68 $1.31 $1.62 $1.68 $2.49 $2.94 $4.38 $5.26 $6.01 $6.63
Weighted Average Basic Shares Outstanding		 6.11M 6.73M 8.50M 9.30M 39.41M 37.58M 33.45M 30.55M 28.47M 25.99M 24.12M
Diluted Earnings per Share		 $2.53 $2.66 $1.30 $1.61 $1.67 $2.49 $2.94 $4.38 $5.26 $5.99 $6.62
Weighted Average Diluted Shares Outstanding		 6.11M 6.73M 8.50M 9.30M 39.41M 37.58M 33.45M 30.55M 28.47M 25.99M 24.12M
Weighted Average Basic & Diluted Shares Outstanding		 6.11M 6.73M 8.50M 9.30M 39.41M 37.58M 33.45M 30.55M 28.47M 25.99M 24.12M
Cash Dividends to Common per Share		 $0.52 $0.52 $0.17 $0.17 $0.18 $0.20 $0.20 $0.20 $0.20 $0.20 $0.20

Quarterly Income Statements for Pathward Financial

This table shows Pathward Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 22 23 28 55 45 36 28 65 42 34 31
Consolidated Net Income / (Loss)		 24 24 28 55 46 36 28 66 42 34 32
Net Income / (Loss) Continuing Operations		 24 24 28 55 46 36 28 66 42 34 32
Total Pre-Tax Income 		31 23 35 65 49 34 34 81 47 37 38
Total Revenue		 126 123 150 228 165 161 163 247 177 168 174
Net Interest Income / (Expense)		 72 80 84 101 97 105 110 118 111 116 116
Total Interest Income		 74 80 85 105 99 110 116 127 114 120 119
Loans and Leases Interest Income		 63 65 68 84 81 90 95 103 96 102 103
Investment Securities Interest Income		 7.38 10 10 10 10 10 10 10.00 9.75 9.61 8.99
Other Interest Income		 3.98 5.11 6.25 10 7.87 9.33 11 14 8.32 7.85 7.52
Total Interest Expense		 1.76 0.46 1.00 3.28 1.88 4.71 5.86 8.46 3.08 3.83 3.11
Deposits Interest Expense		 0.09 0.10 0.14 2.10 0.16 1.95 3.53 6.69 1.69 1.12 0.78
Long-Term Debt Interest Expense		 1.66 0.36 0.86 1.19 1.72 2.75 2.34 1.78 1.39 2.71 2.33
Total Non-Interest Income		 54 43 66 127 68 56 53 129 66 52 57
Other Service Charges		 53 -184 3.56 128 67 -176 5.18 127 61 -170 51
Net Realized & Unrealized Capital Gains on Investments		 1.44 -5.20 11 -0.67 0.82 2.01 2.87 1.70 4.68 3.46 6.10
Provision for Credit Losses		 -1.30 -2.65 9.78 37 1.77 9.04 9.89 26 5.88 0.84 12
Total Non-Interest Expense		 97 103 105 127 115 118 119 140 124 130 124
Salaries and Employee Benefits		 45 43 43 48 47 46 47 54 48 52 49
Net Occupancy & Equipment Expense		 9.00 9.06 8.31 8.51 8.60 9.27 8.85 9.29 9.07 9.38 9.71
Property & Liability Insurance Claims		 12 13 9.46 4.92 5.09 7.63 4.89 6.14 5.41 8.41 5.23
Other Operating Expenses		 19 27 33 50 39 43 47 57 48 49 47
Depreciation Expense		 9.15 9.31 9.63 15 11 11 10 10 10 10 11
Amortization Expense		 1.53 1.40 1.26 1.44 1.17 1.11 0.98 1.24 0.98 0.92 0.81
Income Tax Expense		 6.96 -1.27 6.58 9.18 3.24 -2.67 5.72 15 5.12 3.05 6.29
Net Income / (Loss) Attributable to Noncontrolling Interest		 1.45 0.69 0.58 0.60 0.51 0.51 0.26 0.25 0.21 0.58 0.20
Basic Earnings per Share		 $0.76 $0.84 $0.98 $1.99 $1.69 $1.35 $1.06 $2.56 $1.66 $1.35 $1.29
Weighted Average Basic Shares Outstanding		 29.05M 28.47M 27.56M 26.91M 26.23M 25.99M 25.49M 25.27M 24.98M 24.12M 23.85M
Diluted Earnings per Share		 $0.76 $0.84 $0.98 $1.99 $1.68 $1.34 $1.06 $2.56 $1.66 $1.34 $1.29
Weighted Average Diluted Shares Outstanding		 29.05M 28.47M 27.56M 26.91M 26.23M 25.99M 25.49M 25.27M 24.98M 24.12M 23.85M
Weighted Average Basic & Diluted Shares Outstanding		 29.05M 28.47M 27.56M 26.91M 26.23M 25.99M 25.49M 25.27M 24.98M 24.12M 23.85M
Cash Dividends to Common per Share		 $0.05 - $0.05 $0.05 $0.05 - $0.05 $0.05 $0.05 - $0.05

Annual Cash Flow Statements for Pathward Financial

This table details how cash moves in and out of Pathward Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 9/30/2014 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Net Change in Cash & Equivalents		 -10 -2.17 746 494 -1,168 27 301 -113 74 -12 -217
Net Cash From Operating Activities		 26 49 78 120 138 191 467 582 269 303 454
Net Cash From Continuing Operating Activities		 26 49 78 120 138 186 467 582 269 303 454
Net Income / (Loss) Continuing Operations		 16 18 33 45 52 101 109 146 159 166 170
Consolidated Net Income / (Loss)		 16 18 33 45 52 101 109 146 159 166 170
Provision For Loan Losses		 1.15 1.47 4.61 11 29 56 65 50 29 57 43
Depreciation Expense		 18 29 36 45 38 55 61 59 62 65 58
Non-Cash Adjustments to Reconcile Net Income		 -1.70 0.65 -0.74 19 34 -24 233 286 47 -45 16
Changes in Operating Assets and Liabilities, net		 -7.50 0.17 5.80 0.34 -15 -2.80 -0.42 41 -28 60 167
Net Cash From Investing Activities		 -368 -454 -738 -700 -390 -339 -206 -1,118 -311 -921 -228
Net Cash From Continuing Investing Activities		 -368 -454 -738 -700 -390 -339 -206 -1,118 -311 -921 -228
Purchase of Property, Leasehold Improvements and Equipment		 -2.33 -5.03 -6.98 -6.80 -10 -158 -66 -63 -439 -450 -276
Purchase of Investment Securities		 -1,067 -1,709 -1,992 -2,036 -2,262 -2,032 -853 -1,354 -1,196 -702 -708
Sale of Property, Leasehold Improvements and Equipment		 1.18 2.10 0.06 0.06 0.00 0.10 17 16 0.04 15 0.00
Sale and/or Maturity of Investments		 700 1,248 1,260 1,342 1,823 1,850 792 479 966 524 619
Other Investing Activities, net		 - - - - - 1.57 -101 -196 359 -307 138
Net Cash From Financing Activities		 332 403 1,406 1,074 -916 175 40 423 118 605 -443
Net Cash From Continuing Financing Activities		 332 403 1,406 1,074 -916 175 40 423 118 605 -443
Net Change in Deposits		 51 291 773 793 87 -92 931 536 351 723 -714
Issuance of Debt		 0.00 70 627 308 0.00 283 1.63 0.08 20 0.00 0.00
Issuance of Common Equity		 2.41 0.00 0.00 1.19 1.61 2.01 3.22 3.04 2.89 0.00 0.00
Repayment of Debt		 0.00 -0.12 -1.89 -5.85 -432 -12 -765 -5.64 -78 11 363
Payment of Dividends		 -3.18 -3.49 -4.39 -4.84 -6.00 -12 -12 -10 -5.92 -5.43 -5.07
Other Financing Activities, Net		 281 45 13 -18 -566 5.46 -118 -100 -172 -124 -87
Effect of Exchange Rate Changes		 - - 0.00 0.00 0.00 -0.12 -0.10 0.48 -1.74 0.33 0.08
Cash Interest Paid		 2.37 2.43 3.49 16 33 60 41 8.21 5.26 11 21
Cash Income Taxes Paid		 4.45 5.33 5.98 20 9.15 -2.82 6.22 8.04 14 14 20

Quarterly Cash Flow Statements for Pathward Financial

This table details how cash moves in and out of Pathward Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents		 -80 231 -19 63 83 -140 296 -324 -49 -141 439
Net Cash From Operating Activities		 -4.33 -18 42 141 4.82 114 22 193 103 135 -77
Net Cash From Continuing Operating Activities		 -4.33 -18 42 141 4.82 114 22 193 103 135 -77
Net Income / (Loss) Continuing Operations		 24 24 28 55 46 36 28 66 42 34 32
Consolidated Net Income / (Loss)		 24 24 28 55 46 36 28 66 42 34 32
Provision For Loan Losses		 -1.30 -2.65 9.78 37 1.77 9.04 9.89 26 5.88 0.84 12
Depreciation Expense		 16 14 15 20 15 15 15 15 14 14 15
Non-Cash Adjustments to Reconcile Net Income		 -33 -56 -3.22 -4.38 -60 22 6.65 50 3.31 -44 25
Changes in Operating Assets and Liabilities, net		 -9.85 2.05 -7.17 34 2.55 31 -37 37 38 130 -160
Net Cash From Investing Activities		 122 100 45 -177 -490 -300 -44 63 -167 -80 298
Net Cash From Continuing Investing Activities		 122 100 45 -177 -490 -300 -44 63 -167 -80 298
Purchase of Property, Leasehold Improvements and Equipment		 -77 -161 -166 -76 -136 -72 -108 -69 -51 -49 -55
Purchase of Investment Securities		 -270 -264 -125 -183 -246 -148 -181 -166 -160 -202 -231
Sale of Property, Leasehold Improvements and Equipment		 - - 1.39 5.20 2.51 5.67 3.29 1.85 2.57 -7.71 5.71
Divestitures		 - - - - - - 0.00 - - - 600
Sale and/or Maturity of Investments		 363 202 118 104 123 179 143 138 150 189 304
Other Investing Activities, net		 105 323 218 -27 -234 -265 99 157 -109 -9.59 -326
Net Cash From Financing Activities		 -197 150 -107 98 567 46 317 -579 15 -196 220
Net Cash From Continuing Financing Activities		 -197 150 -107 98 567 46 317 -579 15 -196 220
Net Change in Deposits		 -119 155 -77 114 404 282 347 -568 63 -556 656
Issuance of Common Equity		 0.00 - 0.00 - - - 0.00 0.00 - - 0.00
Repayment of Debt		 -76 -0.59 -1.08 44 186 -217 -13 31 -31 377 -377
Payment of Dividends		 -2.57 1.32 -1.40 -1.39 -1.33 -1.31 -1.30 -1.27 -1.26 -1.24 -1.20
Other Financing Activities, Net		 -0.11 -26 -28 -56 -22 -17 -16 -41 -15 -16 -58
Effect of Exchange Rate Changes		 -0.52 -1.43 0.39 0.06 0.50 -0.61 0.62 -0.58 -0.30 0.34 -2.02
Cash Interest Paid		 2.12 0.48 0.48 3.80 1.28 5.26 4.17 8.44 3.38 4.92 2.91
Cash Income Taxes Paid		 1.60 2.53 0.49 7.35 3.42 2.80 0.64 9.05 4.30 5.64 1.41

Annual Balance Sheets for Pathward Financial

This table presents Pathward Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 9/30/2014 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Total Assets		 2,054 2,530 4,006 5,228 5,835 6,183 6,092 6,691 6,747 7,536 7,549
Cash and Due from Banks		 30 28 774 1,268 100 127 427 314 388 376 158
Trading Account Securities		 1,423 1,602 2,089 2,257 2,020 1,407 1,361 1,922 1,925 1,841 1,774
Loans and Leases, Net of Allowance		 0.00 0.00 -5.64 0.00 0.00 -29 0.00 0.00 0.00 0.00 0.00
Loans Held for Sale		 493 706 - 0.00 16 149 184 56 21 78 689
Premises and Equipment, Net		 16 17 19 19 40 254 42 45 246 39 39
Intangible Assets		 2.59 34 29 52 71 53 42 343 335 330 326
Other Assets		 89 106 1,065 1,534 3,285 3,913 3,728 4,011 3,832 4,872 4,563
Total Liabilities & Shareholders' Equity		 2,054 2,530 4,006 5,228 5,835 6,183 6,092 6,691 6,747 7,536 7,549
Total Liabilities		 1,879 2,258 3,671 4,794 5,087 5,339 5,245 5,819 6,102 6,885 6,710
Non-Interest Bearing Deposits		 1,127 1,449 2,168 2,454 2,405 2,358 4,357 5,515 5,866 6,589 5,875
Short-Term Debt		 10 544 1,095 1,405 426 646 - - 0.00 13 377
Long-Term Debt		 17 19 92 86 89 216 98 93 36 34 33
Other Long-Term Liabilities		 0.33 0.33 4.60 - - 131 - 211 200 249 424
Total Equity & Noncontrolling Interests		 175 271 335 434 748 844 847 872 645 651 840
Total Preferred & Common Equity		 175 271 335 434 744 840 844 871 645 652 840
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 175 271 335 434 744 840 844 871 645 652 840
Common Stock		 95 171 185 258 566 581 595 605 618 629 639
Retained Earnings		 84 98 127 167 213 253 235 259 245 279 354
Treasury Stock		 -0.73 -0.31 0.00 -0.27 -1.99 -0.45 -3.68 -0.86 -4.84 -0.34 -0.25
Accumulated Other Comprehensive Income / (Loss)		 -3.41 2.46 23 9.17 -33 6.34 18 7.60 -213 -255 -153
Noncontrolling Interest		 - - - 0.00 3.57 4.05 3.60 1.16 -0.03 -1.01 -0.28

Quarterly Balance Sheets for Pathward Financial

This table presents Pathward Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2022 12/31/2022 3/31/2023 6/30/2023 12/31/2023 3/31/2024 6/30/2024 12/31/2024
Total Assets		 6,728 6,659 6,868 7,459 7,927 7,437 7,530 7,622
Cash and Due from Banks		 157 369 433 515 672 348 299 597
Trading Account Securities		 2,000 1,888 1,864 1,952 1,886 1,814 1,759 1,512
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loans Held for Sale		 68 17 25 87 70 26 29 73
Premises and Equipment, Net		 42 41 40 39 38 37 246 38
Intangible Assets		 337 334 333 331 329 328 327 313
Other Assets		 4,124 4,010 4,174 4,534 4,933 4,884 4,869 5,089
Total Liabilities & Shareholders' Equity		 6,728 6,659 6,868 7,459 7,927 7,437 7,530 7,622
Total Liabilities		 6,003 6,000 6,195 6,781 7,198 6,698 6,765 6,846
Non-Interest Bearing Deposits		 5,711 5,789 5,903 6,307 6,936 6,368 6,432 6,519
Short-Term Debt		 - - 43 230 0.00 31 0.00 0.00
Long-Term Debt		 17 35 35 34 34 33 33 33
Other Long-Term Liabilities		 276 176 215 210 228 265 300 294
Total Equity & Noncontrolling Interests		 725 659 673 678 729 739 765 776
Total Preferred & Common Equity		 724 659 674 678 730 740 766 777
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 724 659 674 678 730 740 766 777
Common Stock		 615 621 624 626 630 635 637 641
Retained Earnings		 245 247 245 267 293 318 343 332
Treasury Stock		 -4.62 -6.82 -6.94 -6.94 -5.24 -6.18 -6.18 -4.88
Accumulated Other Comprehensive Income / (Loss)		 -131 -202 -188 -208 -188 -207 -208 -191
Noncontrolling Interest		 0.67 -0.21 -0.55 -0.63 -0.51 -0.42 -0.51 -0.76

Annual Metrics And Ratios for Pathward Financial

This table displays calculated financial ratios and metrics derived from Pathward Financial's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 9/30/2014 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 7.07% 19.79% 51.69% 49.04% 18.72% 54.49% 2.48% 10.24% 9.32% 17.19% 7.13%
EBITDA Growth		 -3.82% 31.39% 54.10% 34.60% -5.06% 60.92% 14.80% 22.61% 15.51% -0.74% 3.83%
EBIT Growth		 8.74% 4.32% 99.88% 42.06% 4.10% 70.60% 17.42% 36.03% 19.73% -2.77% 9.15%
NOPAT Growth		 17.10% 14.90% 83.99% 35.21% 16.42% 93.75% 7.92% 33.29% 9.34% 4.05% 2.32%
Net Income Growth		 17.10% 14.90% 83.99% 35.21% 16.42% 93.75% 7.92% 33.29% 9.34% 4.05% 2.32%
EPS Growth		 6.30% 5.14% 83.99% 35.21% 16.42% 49.10% 18.07% 48.98% 20.09% 13.88% 10.52%
Operating Cash Flow Growth		 211.90% 90.66% 59.50% 52.86% 14.81% 38.66% 144.60% 24.49% -53.78% 12.76% 49.63%
Free Cash Flow Firm Growth		 -146.26% -3,436.08% -6.56% 45.44% 300.06% -147.88% 354.24% -85.45% 249.96% -66.25% -356.10%
Invested Capital Growth		 19.52% 312.20% 82.39% 26.40% -34.40% 35.12% -44.57% 2.03% -29.39% 2.40% 79.21%
Revenue Q/Q Growth		 2.41% 5.29% 4.90% 6.08% 6.36% 6.21% 0.74% 2.79% 0.50% 5.67% 0.93%
EBITDA Q/Q Growth		 -3.93% 12.47% 3.66% -5.29% 0.86% 18.28% -2.53% 1.26% 1.61% 5.08% 0.77%
EBIT Q/Q Growth		 -4.19% 3.82% 7.97% -10.80% 2.00% 24.90% -4.43% 1.18% 2.75% 6.37% 1.78%
NOPAT Q/Q Growth		 -0.70% 7.60% 4.29% -8.67% 17.14% 13.52% -6.22% 1.75% 4.86% 8.02% -1.30%
Net Income Q/Q Growth		 -0.70% 7.60% 4.29% -8.67% 17.14% 13.52% -6.22% 1.75% 4.86% 8.02% -1.30%
EPS Q/Q Growth		 -1.94% 4.31% 4.29% -8.67% 17.14% 10.18% -8.98% 0.69% 7.13% 9.11% 0.00%
Operating Cash Flow Q/Q Growth		 -18.49% 18.95% 38.17% 7.95% -7.86% -2.92% 54.98% -8.57% -35.68% 77.84% 4.75%
Free Cash Flow Firm Q/Q Growth		 16.14% -2,087.93% -258.55% -20.46% 148.27% 35.86% 239.45% -40.49% 16.30% 417.98% -221.45%
Invested Capital Q/Q Growth		 3.85% 248.04% 235.17% 140.60% 126.74% 44.65% -9.06% -0.57% -8.12% -25.95% 56.52%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 37.52% 41.15% 41.80% 37.75% 30.19% 31.45% 35.23% 39.19% 41.41% 35.07% 33.99%
EBIT Margin		 19.00% 16.55% 21.80% 20.78% 18.22% 20.12% 23.05% 28.45% 31.16% 25.85% 26.34%
Profit (Net Income) Margin		 16.03% 15.38% 18.66% 16.92% 16.60% 20.81% 21.92% 26.50% 26.51% 23.54% 22.48%
Tax Burden Percent		 84.39% 92.96% 85.57% 81.45% 91.09% 103.44% 95.08% 93.16% 85.07% 91.04% 85.34%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 15.61% 7.04% 14.43% 18.55% 8.91% -3.44% 4.92% 6.84% 14.93% 8.96% 14.66%
Return on Invested Capital (ROIC)		 8.45% 3.48% 2.82% 2.61% 3.28% 6.83% 8.25% 15.26% 19.36% 24.05% 17.42%
ROIC Less NNEP Spread (ROIC-NNEP)		 8.45% 3.48% 2.82% 2.61% 3.28% 6.83% 8.25% 15.26% 19.36% 24.05% 17.42%
Return on Net Nonoperating Assets (RNNOA)		 1.44% 4.61% 8.14% 9.07% 5.56% 5.90% 4.68% 1.70% 1.64% 1.54% 5.35%
Return on Equity (ROE)		 9.89% 8.09% 10.96% 11.67% 8.85% 12.73% 12.93% 16.96% 21.01% 25.59% 22.77%
Cash Return on Invested Capital (CROIC)		 -9.34% -118.42% -55.53% -20.72% 44.83% -23.05% 65.60% 13.25% 53.82% 21.68% -39.31%
Operating Return on Assets (OROA)		 0.99% 0.85% 1.19% 1.19% 1.04% 1.63% 1.87% 2.45% 2.79% 2.55% 2.64%
Return on Assets (ROA)		 0.84% 0.79% 1.02% 0.97% 0.95% 1.69% 1.78% 2.28% 2.37% 2.32% 2.25%
Return on Common Equity (ROCE)		 9.89% 8.09% 10.96% 11.67% 8.82% 12.67% 12.87% 16.91% 20.99% 25.61% 22.79%
Return on Equity Simple (ROE_SIMPLE)		 8.99% 6.65% 9.92% 10.34% 7.03% 12.06% 12.96% 16.74% 24.70% 25.45% 20.20%
Net Operating Profit after Tax (NOPAT)		 16 18 33 45 52 101 109 146 159 166 170
NOPAT Margin		 16.03% 15.38% 18.66% 16.92% 16.60% 20.81% 21.92% 26.50% 26.51% 23.54% 22.48%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 50.49% 51.77% 49.21% 45.46% 44.60% 39.32% 34.26% 32.80% 34.27% 31.09% 31.54%
Operating Expenses to Revenue		 79.83% 82.21% 75.61% 75.23% 72.44% 68.45% 63.96% 62.50% 64.09% 66.00% 68.01%
Earnings before Interest and Taxes (EBIT)		 19 19 39 55 57 98 115 156 187 182 199
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 37 48 74 100 95 153 176 215 249 247 257
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.16 1.01 1.48 1.62 1.40 1.44 0.78 1.90 1.47 1.85 1.96
Price to Tangible Book Value (P/TBV)		 1.18 1.37 1.84 2.49 2.83 2.52 1.33 3.14 3.07 3.75 3.21
Price to Revenue (P/Rev)		 2.08 2.34 2.78 2.66 3.32 2.48 1.31 3.01 1.58 1.71 2.18
Price to Earnings (P/E)		 12.96 15.21 14.88 15.71 20.24 12.43 6.25 11.68 6.08 7.36 9.79
Dividend Yield		 1.58% 1.31% 0.90% 0.69% 0.67% 0.63% 1.06% 0.39% 0.61% 0.44% 0.30%
Earnings Yield		 7.72% 6.57% 6.72% 6.36% 4.94% 8.05% 15.99% 8.56% 16.46% 13.58% 10.21%
Enterprise Value to Invested Capital (EV/IC)		 0.99 0.97 0.60 0.48 1.16 1.14 0.35 1.49 0.88 1.25 1.52
Enterprise Value to Revenue (EV/Rev)		 2.06 6.90 5.10 3.50 4.64 4.00 0.66 2.61 0.99 1.24 2.52
Enterprise Value to EBITDA (EV/EBITDA)		 5.48 16.78 12.20 9.26 15.38 12.71 1.87 6.66 2.40 3.54 7.41
Enterprise Value to EBIT (EV/EBIT)		 10.82 41.73 23.39 16.83 25.49 19.86 2.86 9.18 3.19 4.80 9.56
Enterprise Value to NOPAT (EV/NOPAT)		 12.82 44.89 27.33 20.66 27.98 19.20 3.01 9.85 3.75 5.28 11.20
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.80 16.47 11.57 7.74 10.62 10.18 0.70 2.47 2.22 2.89 4.19
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 2.05 0.00 0.38 11.34 1.35 5.85 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.16 2.08 3.55 3.43 0.69 1.02 0.12 0.11 0.06 0.07 0.49
Long-Term Debt to Equity		 0.10 0.07 0.28 0.20 0.12 0.26 0.12 0.11 0.06 0.05 0.04
Financial Leverage		 0.17 1.33 2.89 3.48 1.70 0.86 0.57 0.11 0.08 0.06 0.31
Leverage Ratio		 11.79 10.27 10.78 12.00 9.36 7.55 7.26 7.44 8.86 11.02 10.12
Compound Leverage Factor		 11.79 10.27 10.78 12.00 9.36 7.55 7.26 7.44 8.86 11.02 10.12
Debt to Total Capital		 13.69% 67.50% 78.00% 77.42% 40.77% 50.52% 10.39% 9.62% 5.29% 6.72% 32.83%
Short-Term Debt to Total Capital		 5.14% 65.17% 71.93% 72.98% 33.72% 37.87% 0.00% 0.00% 0.00% 1.86% 30.16%
Long-Term Debt to Total Capital		 8.55% 2.33% 6.07% 4.44% 7.05% 12.65% 10.39% 9.62% 5.29% 4.86% 2.67%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.28% 0.24% 0.38% 0.12% 0.00% -0.14% -0.02%
Common Equity to Total Capital		 86.31% 32.50% 22.00% 22.58% 58.91% 49.24% 89.23% 90.26% 94.72% 93.42% 67.19%
Debt to EBITDA		 0.75 11.66 15.95 14.87 5.41 5.63 0.56 0.43 0.14 0.19 1.60
Net Debt to EBITDA		 -0.06 11.09 5.56 2.22 4.36 4.80 -1.87 -1.03 -1.41 -1.33 0.98
Long-Term Debt to EBITDA		 0.47 0.40 1.24 0.85 0.94 1.41 0.56 0.43 0.14 0.14 0.13
Debt to NOPAT		 1.76 31.21 35.75 33.17 9.84 8.51 0.90 0.64 0.23 0.28 2.42
Net Debt to NOPAT		 -0.13 29.68 12.45 4.95 7.93 7.26 -3.01 -1.52 -2.21 -1.98 1.49
Long-Term Debt to NOPAT		 1.10 1.08 2.78 1.90 1.70 2.13 0.90 0.64 0.23 0.20 0.20
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.34% 0.50% 0.45% 0.28% 0.07% -0.08% -0.09%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -17 -614 -655 -357 714 -342 870 127 443 149 -383
Operating Cash Flow to CapEx		 2,242.66% 1,679.09% 1,133.69% 1,780.27% 1,325.84% 120.66% 963.72% 1,234.39% 61.26% 69.70% 164.21%
Free Cash Flow to Firm to Interest Expense		 -7.24 -257.32 -159.99 -24.01 25.53 -5.56 25.73 18.44 90.91 13.75 -18.03
Operating Cash Flow to Interest Expense		 10.76 20.62 19.19 8.07 4.92 3.10 13.82 84.75 55.17 27.87 21.36
Operating Cash Flow Less CapEx to Interest Expense		 10.28 19.39 17.50 7.61 4.55 0.53 12.39 77.89 -34.90 -12.12 8.35
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.05 0.05 0.05 0.06 0.06 0.08 0.08 0.09 0.09 0.10 0.10
Fixed Asset Turnover		 5.74 6.94 9.89 13.99 10.54 3.30 3.37 12.71 4.13 4.94 19.30
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 203 835 1,523 1,925 1,262 1,706 946 965 681 697 1,250
Invested Capital Turnover		 0.53 0.23 0.15 0.15 0.20 0.33 0.38 0.58 0.73 1.02 0.78
Increase / (Decrease) in Invested Capital		 33 632 688 402 -662 443 -760 19 -284 16 552
Enterprise Value (EV)		 201 810 908 928 1,463 1,945 329 1,436 598 875 1,900
Market Capitalization		 204 275 494 706 1,045 1,206 655 1,656 950 1,204 1,649
Book Value per Share		 $28.27 $39.05 $39.30 $46.47 $56.95 $22.17 $24.37 $27.28 $22.21 $24.85 $33.63
Tangible Book Value per Share		 $27.85 $28.90 $31.57 $30.33 $28.31 $12.61 $14.22 $16.54 $10.67 $12.26 $20.57
Total Capital		 203 835 1,523 1,925 1,262 1,706 946 965 681 697 1,250
Total Debt		 28 563 1,188 1,490 515 862 98 93 36 47 410
Total Long-Term Debt		 17 19 92 86 89 216 98 93 36 34 33
Net Debt		 -2.11 536 414 222 415 735 -329 -221 -352 -329 252
Capital Expenditures (CapEx)		 1.15 2.93 6.92 6.74 10 158 48 47 439 435 276
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 28 563 1,188 1,490 515 862 98 93 36 47 410
Total Depreciation and Amortization (D&A)		 18 29 36 45 38 55 61 59 62 65 58
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.86 $0.89 $1.32 $1.62 $1.68 $2.49 $2.94 $4.38 $5.26 $6.01 $6.63
Adjusted Weighted Average Basic Shares Outstanding		 18.58M 24.66M 27.56M 29.00M 39.41M 37.58M 33.45M 30.55M 28.47M 25.99M 24.12M
Adjusted Diluted Earnings per Share		 $0.84 $0.89 $1.31 $1.61 $1.67 $2.49 $2.94 $4.38 $5.26 $5.99 $6.62
Adjusted Weighted Average Diluted Shares Outstanding		 18.58M 24.66M 27.56M 29.00M 39.41M 37.58M 33.45M 30.55M 28.47M 25.99M 24.12M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 18.58M 24.66M 27.56M 29.00M 39.41M 37.58M 33.45M 30.55M 28.47M 25.99M 24.12M
Normalized Net Operating Profit after Tax (NOPAT)		 16 19 33 45 52 75 111 148 160 169 172
Normalized NOPAT Margin		 16.10% 16.45% 18.66% 16.92% 16.60% 15.47% 22.30% 26.98% 26.60% 23.96% 22.82%
Pre Tax Income Margin		 19.00% 16.55% 21.80% 20.78% 18.22% 20.12% 23.05% 28.45% 31.16% 25.85% 26.34%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 7.76 8.14 9.49 3.71 2.05 1.59 3.40 22.80 38.45 16.75 9.36
NOPAT to Interest Expense		 6.55 7.56 8.12 3.02 1.87 1.65 3.23 21.24 32.71 15.25 7.99
EBIT Less CapEx to Interest Expense		 7.28 6.91 7.80 3.25 1.68 -0.98 1.97 15.93 -51.62 -23.25 -3.65
NOPAT Less CapEx to Interest Expense		 6.07 6.34 6.43 2.57 1.50 -0.93 1.80 14.37 -57.36 -24.75 -5.02
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 20.26% 19.35% 13.21% 10.77% 11.48% 11.45% 11.13% 7.16% 3.72% 3.27% 2.99%
Augmented Payout Ratio		 20.26% 19.35% 13.21% 10.77% 11.48% 11.45% 11.13% 7.16% 3.72% 3.27% 2.99%

Quarterly Metrics And Ratios for Pathward Financial

This table displays calculated financial ratios and metrics derived from Pathward Financial's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -3.65% 2.50% -5.29% 18.02% 30.96% 30.65% 8.65% 8.23% 6.98% 4.32% 6.58%
EBITDA Growth		 -21.19% 11.82% -45.48% 14.73% 35.41% 32.08% -2.51% 13.23% -3.78% 4.00% 9.35%
EBIT Growth		 -31.25% 28.14% -53.69% 11.08% 58.61% 47.76% -3.90% 25.13% -3.43% 10.33% 12.75%
NOPAT Growth		 -40.19% 44.18% -53.64% 10.51% 91.30% 51.05% -1.79% 18.33% -7.80% -6.15% 13.30%
Net Income Growth		 -40.19% 44.18% -53.64% 10.51% 91.30% 51.05% -1.79% 18.33% -7.80% -6.15% 13.30%
EPS Growth		 -37.19% 71.43% -51.00% 19.88% 121.05% 59.52% 8.16% 28.64% -1.19% 0.00% 21.70%
Operating Cash Flow Growth		 -106.68% -113.91% -73.03% 5.39% 211.32% 728.57% -47.03% 36.41% 2,039.40% 17.96% -441.36%
Free Cash Flow Firm Growth		 131.25% 12,575.95% 378.27% 26.58% -161.30% -93.47% -116.17% -92.18% 219.67% -2,680.73% 62.60%
Invested Capital Growth		 -23.59% -29.39% -24.42% -12.17% 27.05% 2.40% 9.91% 7.07% -15.22% 79.21% 6.15%
Revenue Q/Q Growth		 -34.83% -2.32% 21.60% 52.46% -27.69% -2.55% 1.13% 51.87% -28.52% -4.98% 3.32%
EBITDA Q/Q Growth		 -35.76% -21.16% 33.09% 70.22% -24.19% -23.10% -1.76% 97.70% -35.58% -16.88% 3.28%
EBIT Q/Q Growth		 -47.00% -25.85% 53.27% 84.42% -24.32% -30.93% -0.32% 140.13% -41.59% -21.08% 1.87%
NOPAT Q/Q Growth		 -52.42% 1.12% 17.90% 94.81% -17.63% -20.15% -23.34% 134.71% -35.82% -18.73% -7.45%
Net Income Q/Q Growth		 -52.42% 1.12% 17.90% 94.81% -17.63% -20.15% -23.34% 134.71% -35.82% -18.73% -7.45%
EPS Q/Q Growth		 -54.22% 10.53% 16.67% 103.06% -15.58% -20.24% -20.90% 141.51% -35.16% -19.28% -3.73%
Operating Cash Flow Q/Q Growth		 -103.23% -320.55% 332.69% 233.84% -96.59% 2,274.73% -80.39% 759.72% -46.56% 30.93% -156.74%
Free Cash Flow Firm Q/Q Growth		 100.72% 21.74% -17.85% -36.94% -197.20% 112.96% -303.52% 130.51% 1,386.64% -379.60% 97.05%
Invested Capital Q/Q Growth		 -13.27% -8.12% 1.90% 8.17% 25.45% -25.95% 9.38% 5.37% -0.65% 56.52% -35.21%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 37.45% 30.23% 33.08% 36.93% 38.72% 30.56% 29.68% 38.64% 34.82% 30.46% 30.45%
EBIT Margin		 24.41% 18.53% 23.36% 28.25% 29.57% 20.96% 20.66% 32.67% 26.69% 22.17% 21.85%
Profit (Net Income) Margin		 18.90% 19.56% 18.97% 24.24% 27.61% 22.62% 17.15% 26.50% 23.79% 20.35% 18.23%
Tax Burden Percent		 77.41% 105.57% 81.21% 85.78% 93.36% 107.92% 83.00% 81.12% 89.14% 91.80% 83.40%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.59% -5.57% 18.79% 14.22% 6.64% -7.92% 17.00% 18.88% 10.86% 8.20% 16.60%
Return on Invested Capital (ROIC)		 13.21% 14.29% 13.95% 18.95% 21.87% 23.12% 16.89% 25.10% 20.44% 15.77% 17.74%
ROIC Less NNEP Spread (ROIC-NNEP)		 13.21% 14.29% 13.95% 18.95% 21.87% 23.12% 16.89% 25.10% 20.44% 15.77% 17.74%
Return on Net Nonoperating Assets (RNNOA)		 0.91% 1.21% 1.19% 2.23% 4.38% 1.48% 0.83% 2.52% 4.21% 4.84% 0.79%
Return on Equity (ROE)		 14.12% 15.51% 15.14% 21.18% 26.25% 24.59% 17.72% 27.62% 24.66% 20.61% 18.53%
Cash Return on Invested Capital (CROIC)		 44.50% 53.82% 43.51% 29.37% -5.59% 21.68% 13.25% 15.75% 36.22% -39.31% 16.08%
Operating Return on Assets (OROA)		 2.12% 1.66% 1.94% 2.58% 2.78% 2.07% 2.03% 3.36% 2.66% 2.22% 2.15%
Return on Assets (ROA)		 1.64% 1.75% 1.58% 2.21% 2.59% 2.23% 1.69% 2.73% 2.37% 2.04% 1.79%
Return on Common Equity (ROCE)		 14.10% 15.49% 15.14% 21.18% 26.24% 24.61% 17.73% 27.64% 24.68% 20.63% 18.55%
Return on Equity Simple (ROE_SIMPLE)		 20.99% 0.00% 19.18% 19.55% 22.63% 0.00% 22.65% 23.71% 22.45% 0.00% 22.31%
Net Operating Profit after Tax (NOPAT)		 24 24 28 55 46 36 28 66 42 34 32
NOPAT Margin		 18.90% 19.56% 18.97% 24.24% 27.61% 22.62% 17.15% 26.50% 23.79% 20.35% 18.23%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 42.88% 42.06% 34.26% 24.54% 33.90% 34.55% 34.09% 25.63% 32.55% 36.73% 34.00%
Operating Expenses to Revenue		 76.62% 83.62% 70.12% 55.65% 69.36% 73.42% 73.27% 56.80% 69.98% 77.33% 71.21%
Earnings before Interest and Taxes (EBIT)		 31 23 35 65 49 34 34 81 47 37 38
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 47 37 50 84 64 49 48 96 62 51 53
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.55 1.47 1.85 1.69 1.83 1.85 1.90 1.74 1.87 1.96 2.28
Price to Tangible Book Value (P/TBV)		 2.90 3.07 3.74 3.33 3.58 3.75 3.45 3.12 3.26 3.21 3.82
Price to Revenue (P/Rev)		 1.88 1.58 2.06 1.81 1.86 1.71 1.93 1.75 1.91 2.18 2.32
Price to Earnings (P/E)		 7.56 6.08 9.91 8.86 8.22 7.36 8.47 7.39 8.38 9.79 10.31
Dividend Yield		 0.52% 0.61% 0.47% 0.48% 0.43% 0.44% 0.38% 0.40% 0.35% 0.30% 0.27%
Earnings Yield		 13.22% 16.46% 10.09% 11.29% 12.16% 13.58% 11.81% 13.53% 11.94% 10.21% 9.70%
Enterprise Value to Invested Capital (EV/IC)		 1.33 0.88 1.27 1.04 1.05 1.25 0.98 1.25 1.46 1.52 1.49
Enterprise Value to Revenue (EV/Rev)		 1.65 0.99 1.49 1.25 1.49 1.24 1.04 1.36 1.56 2.52 1.58
Enterprise Value to EBITDA (EV/EBITDA)		 4.02 2.40 4.26 3.58 4.22 3.54 3.03 3.90 4.57 7.41 4.63
Enterprise Value to EBIT (EV/EBIT)		 5.41 3.19 6.02 5.11 5.79 4.80 4.12 5.08 5.96 9.56 5.96
Enterprise Value to NOPAT (EV/NOPAT)		 6.49 3.75 6.99 5.94 6.46 5.28 4.51 5.71 6.77 11.20 6.98
Enterprise Value to Operating Cash Flow (EV/OCF)		 2.36 2.22 5.74 4.85 5.82 2.89 2.63 2.99 2.69 4.19 3.41
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.59 1.35 2.52 3.32 0.00 5.85 7.72 8.18 3.69 0.00 9.57
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.02 0.06 0.05 0.12 0.39 0.07 0.05 0.09 0.04 0.49 0.04
Long-Term Debt to Equity		 0.02 0.06 0.05 0.05 0.05 0.05 0.05 0.05 0.04 0.04 0.04
Financial Leverage		 0.07 0.08 0.09 0.12 0.20 0.06 0.05 0.10 0.21 0.31 0.04
Leverage Ratio		 8.60 8.86 9.61 9.57 10.12 11.02 10.51 10.13 10.39 10.12 10.33
Compound Leverage Factor		 8.60 8.86 9.61 9.57 10.12 11.02 10.51 10.13 10.39 10.12 10.33
Debt to Total Capital		 2.24% 5.29% 5.04% 10.33% 28.05% 6.72% 4.41% 8.01% 4.17% 32.83% 4.12%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 5.73% 24.42% 1.86% 0.00% 3.86% 0.00% 30.16% 0.00%
Long-Term Debt to Total Capital		 2.24% 5.29% 5.04% 4.60% 3.63% 4.86% 4.41% 4.15% 4.17% 2.67% 4.12%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.09% 0.00% -0.03% -0.07% -0.07% -0.14% -0.07% -0.05% -0.06% -0.02% -0.09%
Common Equity to Total Capital		 97.67% 94.72% 94.99% 89.75% 72.02% 93.42% 95.66% 92.04% 95.89% 67.19% 95.97%
Debt to EBITDA		 0.07 0.14 0.17 0.36 1.12 0.19 0.14 0.25 0.13 1.60 0.13
Net Debt to EBITDA		 -0.57 -1.41 -1.61 -1.63 -1.07 -1.33 -2.60 -1.10 -1.04 0.98 -2.16
Long-Term Debt to EBITDA		 0.07 0.14 0.17 0.16 0.15 0.14 0.14 0.13 0.13 0.13 0.13
Debt to NOPAT		 0.11 0.23 0.28 0.59 1.72 0.28 0.20 0.37 0.19 2.42 0.19
Net Debt to NOPAT		 -0.93 -2.21 -2.64 -2.70 -1.64 -1.98 -3.86 -1.62 -1.55 1.49 -3.25
Long-Term Debt to NOPAT		 0.11 0.23 0.28 0.26 0.22 0.20 0.20 0.19 0.19 0.20 0.19
Noncontrolling Interest Sharing Ratio		 0.13% 0.07% 0.03% -0.02% 0.00% -0.08% -0.05% -0.07% -0.08% -0.09% -0.08%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 253 308 253 159 -155 20 -41 12 185 -518 -15
Operating Cash Flow to CapEx		 -5.65% -11.32% 25.70% 199.25% 3.62% 173.52% 21.43% 289.26% 213.51% 239.25% -155.82%
Free Cash Flow to Firm to Interest Expense		 144.00 665.92 251.99 48.56 -82.35 4.27 -6.97 1.47 60.13 -135.39 -4.92
Operating Cash Flow to Interest Expense		 -2.47 -39.42 42.25 43.10 2.56 24.31 3.83 22.81 33.45 35.27 -24.67
Operating Cash Flow Less CapEx to Interest Expense		 -46.16 -387.61 -122.11 21.47 -68.20 10.30 -14.04 14.92 17.78 20.53 -40.50
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.09 0.09 0.08 0.09 0.09 0.10 0.10 0.10 0.10 0.10 0.10
Fixed Asset Turnover		 13.88 4.13 13.92 15.14 16.53 4.94 18.09 19.12 5.25 19.30 20.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 741 681 694 751 942 697 763 804 799 1,250 810
Invested Capital Turnover		 0.70 0.73 0.74 0.78 0.79 1.02 0.98 0.95 0.86 0.78 0.97
Increase / (Decrease) in Invested Capital		 -229 -284 -224 -104 201 16 69 53 -143 552 47
Enterprise Value (EV)		 986 598 884 782 991 875 745 1,002 1,163 1,900 1,210
Market Capitalization		 1,126 950 1,218 1,138 1,243 1,204 1,384 1,286 1,430 1,649 1,775
Book Value per Share		 $24.66 $22.21 $23.16 $24.45 $25.21 $24.85 $28.63 $29.03 $30.30 $33.63 $32.22
Tangible Book Value per Share		 $13.20 $10.67 $11.43 $12.38 $12.89 $12.26 $15.71 $16.16 $17.36 $20.57 $19.24
Total Capital		 741 681 694 751 942 697 763 804 799 1,250 810
Total Debt		 17 36 35 78 264 47 34 64 33 410 33
Total Long-Term Debt		 17 36 35 35 34 34 34 33 33 33 33
Net Debt		 -141 -352 -334 -355 -251 -329 -638 -284 -266 252 -564
Capital Expenditures (CapEx)		 77 161 165 71 133 66 105 67 48 56 49
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 17 36 35 78 264 47 34 64 33 410 33
Total Depreciation and Amortization (D&A)		 16 14 15 20 15 15 15 15 14 14 15
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.76 $0.84 $0.98 $1.99 $1.69 $1.35 $1.06 $2.56 $1.66 $1.35 $1.29
Adjusted Weighted Average Basic Shares Outstanding		 29.05M 28.47M 27.56M 26.91M 26.23M 25.99M 25.49M 25.27M 24.98M 24.12M 23.85M
Adjusted Diluted Earnings per Share		 $0.76 $0.84 $0.98 $1.99 $1.68 $1.34 $1.06 $2.56 $1.66 $1.34 $1.29
Adjusted Weighted Average Diluted Shares Outstanding		 29.05M 28.47M 27.56M 26.91M 26.23M 25.99M 25.49M 25.27M 24.98M 24.12M 23.85M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 29.05M 28.47M 27.56M 26.91M 26.23M 25.99M 25.49M 25.27M 24.98M 24.12M 23.85M
Normalized Net Operating Profit after Tax (NOPAT)		 24 16 28 56 48 24 28 67 43 34 32
Normalized NOPAT Margin		 19.31% 12.97% 18.98% 24.42% 29.16% 14.67% 17.15% 27.16% 24.30% 20.35% 18.23%
Pre Tax Income Margin		 24.41% 18.53% 23.36% 28.25% 29.57% 20.96% 20.66% 32.67% 26.69% 22.17% 21.85%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 17.55 49.43 34.89 19.67 25.97 7.17 5.74 9.55 15.30 9.72 12.21
NOPAT to Interest Expense		 13.58 52.18 28.34 16.87 24.24 7.73 4.76 7.74 13.64 8.93 10.18
EBIT Less CapEx to Interest Expense		 -26.14 -298.77 -129.46 -1.97 -44.79 -6.84 -12.13 1.66 -0.37 -5.02 -3.62
NOPAT Less CapEx to Interest Expense		 -30.10 -296.02 -136.02 -4.76 -46.51 -6.28 -13.11 -0.14 -2.03 -5.82 -5.65
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 6.57% 3.72% 7.48% 6.22% 4.53% 3.27% 3.22% 4.77% 4.83% 2.99% 2.87%
Augmented Payout Ratio		 6.57% 3.72% 7.48% 6.22% 4.53% 3.27% 3.22% 4.77% 4.83% 2.99% 2.87%

Key Financial Trends

Pathward Financial (NASDAQ: CASH) has shown steady financial performance over the last four years, with the most recent quarterly data from Q1 2025 highlighting several key trends and developments:

  • Q1 2025 net income attributable to common shareholders was $31.4 million, showing resilience compared to recent quarters.
  • Net interest income remained robust at $116.1 million in Q1 2025, slightly up from $115.9 million in Q4 2024, driven primarily by consistent loans and leases interest income (~$102.7 million).
  • Other service charges, a component of non-interest income, increased to $51.3 million in Q1 2025, indicating strong fee-related revenue streams.
  • Net realized and unrealized capital gains on investments improved notably in Q1 2025 to $6.1 million, compared to $3.5 million in Q4 2024, supporting overall earnings.
  • Cash and equivalents surged to approximately $597.4 million in Q1 2025 from about $299 million in Q3 2024, aiding liquidity.
  • Total assets slightly rose to $7.62 billion in Q1 2025, reflecting asset growth and potential business expansion.
  • Provision for credit losses in Q1 2025 was $12.0 million, significantly higher than the $0.8 million in Q4 2024, warranting monitoring for credit quality trends despite this increase.
  • Salaries and employee benefits expense in Q1 2025 was $49.3 million, relatively stable but a critical component of operating costs.
  • Pathward's total liabilities climbed moderately with non-interest bearing deposits at $6.5 billion, indicating stable core funding.
  • Net cash from continuing operating activities turned negative at -$76.6 million in Q1 2025, a reversal from positive $135 million in Q4 2024, potentially reflecting working capital fluctuations or operational challenges.

Additional Observations:

  • Repayment of debt was substantial in Q1 2025 at $377 million, indicating active liability management but also a cash outflow consideration.
  • Capital expenditures remain significant, with purchases of property and equipment and investment securities totaling over $285 million in Q1 2025, signaling investment in growth.
  • Total non-interest expense decreased slightly to $123.6 million in Q1 2025 from $129.9 million in Q4 2024, yet remains a large component of expenses impacting margins.
  • Diluted earnings per share declined from $1.34 in Q4 2024 to $1.29 in Q1 2025, indicating slight earnings pressure on a per-share basis.
  • Despite increased revenue, the company faced a higher provision for credit losses and lower operating cash flow, suggesting cautiousness toward asset quality and operational cash management.

Over the multi-year period analysis, Pathward Financial has consistently achieved positive net income and maintained a solid funding base predominantly via non-interest bearing deposits. Revenues from interest income and service charges remain key profit drivers. However, credit loss provisions have seen variability, and recent quarterly cash flow from operations exhibits volatility, which retail investors should monitor for sustainability of earnings quality and liquidity.

Overall, Pathward Financial's recent results suggest a stable financial condition with good revenue streams and capital investment, but with caution warranted on credit and cash flow metrics that bear watching in upcoming quarters.

08/28/25 11:52 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Pathward Financial's Financials

When does Pathward Financial's financial year end?

According to the most recent income statement we have on file, Pathward Financial's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Pathward Financial's net income changed over the last 10 years?

Pathward Financial's net income appears to be on an upward trend, with a most recent value of $169.65 million in 2024, rising from $15.71 million in 2014. The previous period was $165.81 million in 2023. Check out Pathward Financial's forecast to explore projected trends and price targets.

How has Pathward Financial's revenue changed over the last 10 years?

Over the last 10 years, Pathward Financial's total revenue changed from $98 million in 2014 to $754.71 million in 2024, a change of 670.1%.

How much debt does Pathward Financial have?

Pathward Financial's total liabilities were at $6.71 billion at the end of 2024, a 2.5% decrease from 2023, and a 257.0% increase since 2014.

How much cash does Pathward Financial have?

In the past 10 years, Pathward Financial's cash and equivalents has ranged from $27.66 million in 2015 to $1.27 billion in 2017, and is currently $158.34 million as of their latest financial filing in 2024.

How has Pathward Financial's book value per share changed over the last 10 years?

Over the last 10 years, Pathward Financial's book value per share changed from 28.27 in 2014 to 33.63 in 2024, a change of 19.0%.


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This page (NASDAQ:CASH) was last updated on 8/28/2025 by MarketBeat.com Staff
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