Pathward Financial Q2 2023 Earnings Report

Pathward Financial EPS Results

• Actual EPS: $2.18
• Consensus EPS: $2.02
• Beat/Miss: Beat by +$0.16
• One Year Ago EPS: $1.73

Pathward Financial Revenue Results

• Actual Revenue: $228.44 million
• Expected Revenue: $210.36 million
• Beat/Miss: Beat by +$18.08 million
• YoY Revenue Growth: +18.00%

Pathward Financial Announcement Details

• Quarter: Q2 2023
• Date: 4/26/2023
• Time: After Market Closes

Pathward Financial (NASDAQ:CASH) 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. The company also provides commercial finance product comprising term lending, asset-based lending, factoring, lease financing, insurance premium finance, government guaranteed lending, and other commercial finance products; consumer credit products; other consumer financing services; tax services, which includes short-term refund advance loans and short-term electronic return originator advance loans; and warehouse financing services. In addition, it issues prepaid cards; and offers payment solutions, such as acceptance, processing, and settlement of credit card and debit card payments. The company was formerly known as Meta Financial Group, Inc. and changed its name to Pathward Financial, Inc. in July 2022. Pathward Financial, Inc. was founded in 1954 and is based in Sioux Falls, South Dakota.