Welcome to our dedicated page for Pathward Financial news (Ticker: $CASH), a resource for investors and traders seeking the latest updates and insights on Pathward Financial stock.
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Pathward Financial, Inc. reported strong financial results for the 2024 fiscal second quarter, with net income of $65.3 million, or $2.56 per share, an increase from the previous year. Total revenue increased by 8% to $247.2 million, driven by growth in net interest income and noninterest income. The company's gross loans and leases also saw significant growth. Pathward Financial's CEO highlighted the focus on risk-adjusted returns and enhancements in Banking as a Service offerings. The company is narrowing its fiscal year 2024 GAAP earnings per diluted share guidance to a range of $6.30 to $6.60.
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Pathward, N.A. releases its 2023 Sustainability Report showcasing its ESG efforts to promote financial inclusion. The report emphasizes the company's commitment to environmental, social, and governance practices, aiming to provide equitable access to the financial network.
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Pathward Financial, Inc. (Nasdaq: CASH) will release Q2 fiscal year 2024 financial results on April 24, 2024, followed by a conference call and webcast. Investors can access the live webcast on the company's Investor Relations website.
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Pathward®, N.A., a prominent financial empowerment company focused on financial inclusion, has been certified by Great Place To Work® for the second consecutive year. The certification is a result of positive feedback from employees, highlighting the company's commitment to employee satisfaction and well-being.
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Pathward's Senior Vice President of Risk, Process, and Performance, Nichole Price, earns recognition as one of the most influential women in payments by American Banker for her leadership in the global payments industry. Price's dedication to innovation and agile execution has set her apart in the industry, with her team's focus on risk and compliance being key to Pathward's success.
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Pathward Financial, Inc. (Nasdaq: CASH) declared a cash dividend of $0.05 per share for the second fiscal quarter of 2024. The dividend will be paid on April 1, 2024, to shareholders of record as of March 12, 2024. As of December 31, 2023, the Company had total assets of $7.93 billion and shareholders' equity of $729.3 million.
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Pathward Financial, Inc. (Nasdaq: CASH) appoints Neeraj Mehta as an independent member of the Board of Directors, bringing three decades of banking and financial experience. Mehta's proven track record in revenue generation and strategy implementation is expected to enhance Pathward's operations and drive shareholder value.
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Pathward Surveyed 1,000 Small Business Owners, Revealing Critical Cash Flow Issues Despite Optimism for Growth. Report Highlights Financing Needs and Challenges Faced by Small Businesses.
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Pathward Financial, Inc. 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. The company's total revenue for the first quarter was $162.8 million, an increase of $13.0 million, or 9%, compared to the same quarter in fiscal 2023. The net interest margin increased 61 basis points to 6.23% for the first quarter from 5.62% during the same period last year. The company is reiterating fiscal year 2024 GAAP earnings per diluted share guidance of $6.20 to $6.70.
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Blackhawk Network (BHN) has raised $1 million for Habitat for Humanity International through the sales of its Giving Good® gift cards, which donate three percent of the amount loaded onto the cards to support Habitat for Humanity's mission of building homes, communities, and hope around the world. The holiday research from BHN also found that consumers have an increasing desire to make a positive impact in their communities through their gift-giving, with more than half of surveyed consumers interested in giving gift cards that benefit a charity this holiday season.
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Pathward Financial, Inc.
Nasdaq:CASH
CASH Rankings
CASH Stock Data
1.37B
25.08M
1.52%
95.51%
6.77%
Banks - Regional
Financial Services
United States of America
SIOUX FALLS