Articles from Pathward Financial, Inc.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $31.4 million, or $1.29 per share, for the three months ended December 31, 2024, compared to net income of $27.7 million, or $1.06 per share, for the three months ended December 31, 2023.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the first quarter of fiscal year 2025 on Tuesday, January 21, 2025, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.

Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Bank” or “Pathward”), announced the Bank has been named to Monitor’s Bank 50 ranking. The list honors the top banks in equipment leasing and finance in the U.S. Holding spot #29 on the list, up from the #31 spot in 2023, Pathward was recognized for its ongoing commitment to providing high-quality, diverse equipment financing products and services.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the first fiscal quarter of 2025. This dividend will be payable on January 2, 2025 to shareholders of record as of December 10, 2024.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $33.6 million, or $1.35 per share, for the three months ended September 30, 2024, compared to net income of $35.9 million, or $1.36 per share, for the three months ended September 30, 2023.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the fourth quarter and fiscal year 2024 on Wednesday, October 23, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.

Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Bank” or “Pathward”), announced the Bank’s Partner Solutions line of business won the 2024 Finovate Award for Best Banking as a Service Provider. According to Finovate, its awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life.

Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Bank” or “Pathward”), announced the Bank and MoneyLion (NYSEML), a digital ecosystem for consumer finance, have committed to an additional three years of partnership, extending their agreement until 2029. Pathward and MoneyLion first joined forces in 2020, and the most notable product born from the partnership is RoarMoney℠, a Demand Deposit Account offered through MoneyLion’s mobile application.

Pathward Financial, Inc. (the “Company”) (Nasdaq: CASH) today announced that its wholly owned subsidiary Pathward®, N.A. (“Pathward”), an industry leading financial empowerment company driven by its purpose to power financial inclusion, has entered into a definitive agreement to sell its commercial insurance premium finance business to AFS IBEX Financial Services, LLC (“AFS”), a Delaware limited liability company and subsidiary of Honor Capital Holdings, LLC, a Delaware limited liability company (“Honor”). Through its subsidiaries, Honor originates and services premium finance loans and is one of the nation’s largest independently owned insurance premium finance companies with offices in Massachusetts, New York, Florida, Texas and California. Honor will be guaranteeing the obligations of AFS under the agreement.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the fourth fiscal quarter of 2024. This dividend will be payable on October 1, 2024 to shareholders of record as of September 10, 2024.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the third quarter of fiscal year 2024 on Wednesday, July 24, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2024. This dividend will be payable on July 1, 2024 to shareholders of record as of June 11, 2024.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $65.3 million, or $2.56 per share, for the three months ended March 31, 2024, compared to net income of $54.8 million, or $1.99 per share, for the three months ended March 31, 2023. For the fiscal quarter ended March 31, 2023, the Company recognized adjusted net income of $60.3 million, or $2.18 per share, when adjusting for the adverse financial impacts related to legacy mobile solar transactions and a venture capital investment impairment expense. See non-GAAP reconciliation table below.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2024 on Wednesday, April 24, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the second fiscal quarter of 2024. This dividend will be payable on April 1, 2024 to shareholders of record as of March 12, 2024.

Pathward Financial, Inc. (Nasdaq: CASH) and its subsidiary Pathward®, N.A., an industry leading financial empowerment company driven by its purpose to power financial inclusion, today announced that Neeraj Mehta has been appointed as an independent member of the Board of Directors, effective Feb. 27, 2024. Mehta will serve as a member of the Audit Committee and Governance, Nominating and Sustainability Committee of the Pathward Financial, Inc. and Pathward, N.A. boards.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $27.7 million, or $1.06 per share, for the three months ended December 31, 2023, compared to net income of $27.8 million, or $0.98 per share, for the three months ended December 31, 2022. For the fiscal quarter ended December 31, 2022, the Company recognized adjusted net income of $23.2 million, or $0.81 per share, when adjusting for the gain on sale of names and trademarks, expenses related to rebranding efforts and separation expense. See non-GAAP reconciliation table below.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the first fiscal quarter of 2024. This dividend will be payable on January 2, 2024 to shareholders of record as of December 12, 2023.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $35.9 million, or $1.36 per share, for the three months ended September 30, 2023, compared to net income of $23.4 million, or $0.81 per share, for the three months ended September 30, 2022.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the fourth quarter and fiscal year 2023 on Wednesday, October 25, 2023, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Standard Time (5:00 p.m. Eastern Standard Time) on the same day to discuss these results.

Pathward Financial, Inc. (Nasdaq: CASH) today announced that Greg Sigrist has been appointed executive vice president (“EVP”), chief financial officer (“CFO”) - designee, beginning Nov. 1, 2023. Immediately after the filing of the Company’s Form 10-K for fiscal year 2023, Mr. Sigrist will transition to EVP, CFO, when he will succeed Glen Herrick, who will remain with the Company to aid in the transition and other projects until his retirement on December 31, 2023.

Pathward Financial, Inc. (the “Company”) (Nasdaq: CASH), announced that it will pay a cash dividend of $0.05 per share for the fourth fiscal quarter of 2023 on October 2, 2023 to shareholders of record as of September 12, 2023. The Company also announced that its Board of Directors authorized a share repurchase program to repurchase up to 7,000,000 shares of the Company’s outstanding common stock on or before September 30, 2028.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH), a U.S.-based financial holding company driven by its purpose to power financial inclusion, today commemorates the conclusion of a transformative 12-months, which has been marked by a series of pivotal business developments.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $45.1 million, or $1.68 per share, for the three months ended June 30, 2023, compared to net income of $22.4 million, or $0.76 per share, for the three months ended June 30, 2022. For the same period of the prior year, the Company recognized adjusted net income of $27.3 million, or $0.93 per share when excluding the impact of rebranding and separation expenses. See non-GAAP reconciliation table below.

Pathward®, N.A., a U.S.-based financial empowerment company, today published its 2022 Environmental, Social and Governance Report. The report documents Pathward’s progress over the 2022 fiscal year, ending Sept. 30, 2022, in implementing plans, programs and policies that build upon the company’s culture and purpose to power Financial Inclusion for All™.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the third quarter of fiscal year 2023 on Wednesday, July 26, 2023, after market close. Pathward Financial also will host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Standard Time (5:00 p.m. Eastern Standard Time) on the same day to discuss these results.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2023. This dividend will be payable on July 3, 2023 to shareholders of record as of June 8, 2023.

Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $54.8 million, or $1.99 per share, for the three months ended March 31, 2023, compared to net income of $49.3 million, or $1.66 per share, for the three months ended March 31, 2022.

Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2023 on Wednesday, April 26, 2023, after market close. Pathward Financial also will host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Standard Time (5:00 p.m. Eastern Standard Time) on the same day to discuss these results.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the second fiscal quarter of 2023. This dividend will be payable on April 3, 2023 to shareholders of record as of March 13, 2023.

Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) and its subsidiary Pathward®, N.A. ("Pathward"), an industry leading financial empowerment company, today announced that Christopher Perretta has been elected as an independent member of the Board of Directors, effective Feb. 28, 2023. Mr. Perretta will serve as a member of the Corporate Governance and Nominating Committee of the Pathward Financial and Pathward®, N.A. boards and the Risk and Credit Committee of the Pathward®, N.A. board.

Pathward Financial, Inc.™ (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $27.8 million, or $0.98 per share, for the three months ended December 31, 2022, compared to net income of $61.3 million, or $2.00 per share, for the three months ended December 31, 2021.

Pathward Financial, Inc.™ (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the first quarter of fiscal year 2023 on Wednesday, January 25, 2023, after market close. Pathward Financial also will host a conference call and earnings webcast at 4:00 p.m. Central Standard Time (5:00 p.m. Eastern Standard Time) on the same day to discuss these results.

Pathward Financial, Inc.™ ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the first fiscal quarter of 2023. This dividend will be payable on January 2, 2023 to shareholders of record as of December 8, 2022.

Pathward Financial, Inc.™ (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $23.4 million, or $0.81 per share, for the three months ended September 30, 2022, compared to net income of $15.9 million, or $0.50 per share, for the three months ended September 30, 2021. The Company reported net income of $156.4 million, or $5.26 per share, for the fiscal year ended September 30, 2022, compared to net income of $141.7 million, or $4.38 per share, for the fiscal year ended September 30, 2021. For the fiscal year ended September 30, 2022, the Company recognized return on average assets of 2.20% compared to 1.74% for the prior year period.

Pathward Financial, Inc.™ ("Pathward Financial" the “Company”) (Nasdaq: CASH) today announced that Sonja Theisen, 41, currently Executive Vice President, Governance, Risk and Compliance, will succeed Glen W. Herrick, 60, as Chief Financial Officer, effective April 30, 2023.

Pathward Financial, Inc.TM (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the fourth quarter of fiscal year 2022 on Thursday, October 27, 2022, after market close. Pathward Financial also will host a conference call and earnings webcast at 4:00 p.m. Central Daylight Time (5:00 p.m. Eastern Daylight Time) on the same day to discuss these results.

Pathward Financial, Inc.™ (“Pathward Financial”, the “Company”) (Nasdaq: CASH), today announced the completion of a private placement offering of $20 million of its 6.625% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”) to certain qualified institutional buyers and accredited investors. The Notes will initially bear interest at a fixed annual rate of 6.625% per annum, payable semi-annually in arrears for the first five years, and will reset quarterly thereafter, to the then-current three-month SOFR rate plus 314 basis points, payable quarterly in arrears. The Notes will mature on September 30, 2032, unless earlier redeemed. Beginning on September 30, 2027, the Notes may be redeemed, in whole or in part, at the Company's option subject to regulatory approval, on any scheduled interest payment date. Prior to September 30, 2027, the Notes may be redeemed, in whole but not in part, at any time upon certain other specified events.

Pathward Financial, Inc.™ ("Pathward Financial" or the “Company”) (Nasdaq: CASH), formerly known as Meta Financial Group, Inc., announced that the Company will pay a cash dividend of $0.05 per share for the fourth fiscal quarter of 2022. This dividend will be payable on October 3, 2022 to shareholders of record as of September 8, 2022.

Pathward Financial, Inc.TM, (“Pathward Financial” or the “Company”) (Nasdaq: CASH), formally known as Meta Financial Group, Inc., reported net income of $22.4 million, or $0.76 per share, for the three months ended June 30, 2022, compared to net income of $38.7 million, or $1.21 per share, for the three months ended June 30, 2021. During the quarter the Company recognized $3.4 million of pre-tax expenses related to rebranding efforts and $3.1 million of pre-tax separation related expenses. Excluding the impact of the rebranding and separation expenses, net of tax, the Company's adjusted net income for the quarter totaled $27.3 million, or $0.93 per share. See non-GAAP reconciliation table below.

Pathward Financial, Inc.™ (“Pathward Financial”, the “Company”) (Nasdaq: CASH), formerly known as Meta Financial Group, Inc., today announced it will release financial results for the third quarter of fiscal year 2022 on Wednesday, July 27, 2022, after market close. Pathward Financial will also host a conference call and earnings webcast at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.