Pathward Financial Inc (CASH) |
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Price: $47.7000
$-0.13
-0.272%
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Day's High:
| $48.51
| Week Perf:
| -6.1 %
|
Day's Low: |
$ 47.35 |
30 Day Perf: |
-6.74 % |
Volume (M): |
535 |
52 Wk High: |
$ 60.49 |
Volume (M$): |
$ 25,500 |
52 Wk Avg: |
$48.35 |
Open: |
$47.57 |
52 Wk Low: |
$39.75 |
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Market Capitalization (Millions $) |
1,245 |
Shares
Outstanding (Millions) |
26 |
Employees |
638 |
Revenues (TTM) (Millions $) |
660 |
Net Income (TTM) (Millions $) |
165 |
Cash Flow (TTM) (Millions $) |
302 |
Capital Exp. (TTM) (Millions $) |
391 |
Pathward Financial Inc
Meta Financial, a registered unitary savings and loan holding company, is a
Delaware corporation, the principal assets of which are all the issued and outstanding
shares of the Bank, a federal savings bank, the accounts of which are insured
up to applicable limits by the Deposit Insurance Fund (“DIF”) of
the FDIC. Unless the context otherwise requires, references herein to the Company
include Meta Financial and the Bank, and all subsidiaries of Meta Financial,
direct or indirect, on a consolidated basis.
The Bank, a wholly-owned full-service banking subsidiary of Meta Financial,
is both a community-oriented financial institution offering a variety of financial
services to meet the needs of the communities it serves and a payments company
providing services on a nationwide basis, as further described below. The business
of the Bank consists of attracting retail deposits from the general public and
investing those funds primarily in one-to-four family residential mortgage loans,
commercial and multi-family real estate, agricultural operations and real estate,
construction, consumer and commercial operating loans, and premium finance loans
primarily in the Bank’s market areas. The Bank also purchases loan participations
from time to time from other financial institutions, but presently at a lower
level compared to prior years, as well as mortgage-backed securities and other
investments permissible under applicable regulations.
In addition to its community-oriented lending and deposit gathering activities,
the Bank’s MPS division issues prepaid cards, designs innovative consumer
credit products, sponsors Automatic Teller Machines (“ATMs”) into
various debit networks, offers tax refund transfer services and other payment
industry products and services. Through its activities, MPS generates both fee
income and low- and no-cost deposits for the Bank.
Loan applications are initially considered and approved at various levels of
authority, depending on the type and amount of the loan. The Company has a loan
committee consisting of senior lenders and Market Presidents, and is led by
the Chief Lending Officer. Loans in excess of certain amounts require approval
by at least two members of the loan committee, a majority of the loan committee,
or by the Company’s Board Loan Committee, which has responsibility for
the overall supervision of the loan portfolio. The Company may discontinue,
adjust, or create new lending programs to respond to competitive factors. The
Company also created a Specialty Lending committee to oversee its insurance
premium finance division and other specialized lending activities in which the
Company may become involved. The Committee consists of senior personnel with
diverse backgrounds well suited for oversight of these types of activities.
Insurance premium finance loans in excess of certain amounts require approval
from one or more members of the Committee.
One-to-Four Family Residential Mortgage Lending. One-to-four family residential
mortgage loan originations are generated by the Company’s marketing efforts,
its present customers, walk-in customers and referrals.
The Company offers fixed-rate and ARM loans for both permanent structures and
those under construction.
Company Address: 5501 South Broadband Lane Sioux Falls 57108 SD
Company Phone Number: 497-7497 Stock Exchange / Ticker: NASDAQ CASH
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Customers Net Income fell by |
CASH's Customers Net Profit Margin fell to |
-45.81 % |
3.56 %
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Stock Performances by Major Competitors |
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Pathward Financial Inc
Pathward Financial Inc, a company trading on the NASDAQ, has experienced a drop in shares over the past 30 days. The shares have decreased by -3.03%, bringing the share price down to 8.74% overall in the past 90 days. Despite this recent decline, the current trading value of the shares is still 2.3% above the company's 52-week average. Looking at Pathward Financial Inc's financial performance, the company has seen positive results for the financial span ending on December 31, 2023. The company's revenue reached $152.91 million, representing a year-on-year increase of 9.174%. On a quarterly basis, revenue advanced by 0.634%. Additionally, the income per share increased by 8.16% to $1.06.
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Pathward Financial Inc
Pathward Financial Inc, a prominent financial company, has showcased impressive growth during the July to September 2023 timeframe. With a 68.69% surge in bottom-line profits, the company's earnings reached $1.37 per share. In addition, Pathward Financial experienced a 20.72% increase in revenue, amounting to $151.94 million. Compared to its counterparts in the Commercial Banks sector, Pathward Financial's growth in the fourth quarter of 2023 stands out. While the average revenue rise for other companies was 7.14% during the same period, Pathward Financial outperformed with a significant increase. The company did face a slight decline in sequential profits of -18.67% from $1.68 per share and a deterioration of -7.026% in revenue from $163.43 million. However, this did not overshadow the overall positive trajectory of Pathward Financial.
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Pathward Financial Inc
As a stock market journalist, it is my duty to analyze and interpret the financial results of various companies. Today, I'm going to discuss the recent financial performance of Pathward Financial Inc. In the Jun 30 2023 report, Pathward Financial Inc showcased a respectable improvement. The company's income per share experienced a remarkable year-on-year growth of 121.05%, reaching $1.68 per share. Additionally, their revenue witnessed a significant increase of 28.23%, totaling $163.43 million. These figures indicate that Pathward Financial Inc has outperformed its industry peers in terms of top-line growth, as the Commercial Banks industry only managed a 12.75% revenue improvement during the same period.
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Pathward Financial Inc
Investors should be wary of Pathward Financial Inc, despite its recent positive results in the second quarter of 2023. While the company showed a return on assets (ROA) of 1.96%, above the industry average of 1.34%, it is important to note that 182 other companies within the financial sector had a higher ROA. This indicates that Pathward Financial Inc may not be performing as well as its competitors. Furthermore, while Pathward Financial Inc has shown improvement compared to the first quarter of 2023, with an ROA of 1.87%, this improvement can largely be attributed to net income growth. There is no indication that the company has made any significant strategic moves to improve its financial health, which could lead to uncertainty in the future.
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Per Share |
Current |
Earnings (TTM) |
6.09 $ |
Revenues (TTM) |
25.29 $
|
Cash Flow (TTM) |
11.59 $ |
Cash |
25.74 $
|
Book Value |
27.95 $
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Dividend (TTM) |
0.2 $ |
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Per Share |
|
Earnings (TTM) |
6.09 $
|
Revenues (TTM) |
25.29 $ |
Cash Flow (TTM) |
11.59 $ |
Cash |
25.74 $
|
Book Value |
27.95 $ |
Dividend (TTM) |
0.2 $ |
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