Pathward Financial Stock Price, News & Analysis

Pathward Financial (NASDAQ: CASH) has appointed Charles Ingram as Executive Vice President and Chief Information and Operations Officer. This appointment reflects the bank's strategic focus on artificial intelligence, analytics, and technology advancement.

During his tenure since 2020, Ingram has led significant initiatives including the Pathward rebrand, infrastructure modernization, and development of revenue-generating business applications. In his expanded role, he will oversee technology, security, AI, data and analytics teams, as well as product management and strategic business operations.

Ingram brings over three decades of technology leadership experience and holds an MBA from Wake Forest University. His achievements include the 2022 Arizona CIO ORBIE Award for his work at Pathward.

Pathward Financial (NASDAQ: CASH) reported preliminary Q3 2025 results with net income of $42.1 million, or $1.81 per share, compared to $44.9 million, or $1.78 per share, in Q3 2024. Total revenue increased 4% to $195.8 million, driven by higher noninterest income.

Key highlights include: net interest margin improved to 7.43% from 7.26% year-over-year; total gross loans and leases increased to $4.74 billion, up $747.8 million or 19% year-over-year excluding insurance premium finance loans; and tax services product revenue grew 16% to $95.2 million for the nine months ended June 30, 2025.

The company repurchased 603,780 shares at an average price of $74.49 during Q3 2025. Additionally, Pathward plans to restate certain financial statements due to accounting methodology changes related to third-party lending relationships.

Pathward Financial (Nasdaq: CASH) has scheduled its preliminary third quarter fiscal 2025 earnings release for July 28, 2025, after market close. The company notes these results are preliminary and subject to potential changes due to an ongoing restatement of prior financial statements and accounting methodology changes, as disclosed in their July 2, 2025 Form 8-K filing.

A conference call and earnings webcast with presentation will be held at 4:00 p.m. Central Time on the same day. Investors can access the webcast through Pathward's website, or join by phone using access code 348908.

Pathward Financial, Inc. (Nasdaq: CASH) has secured a position on the prestigious 2025 Monitor 100 list for the 13th consecutive year. The annual rankings, published by Monitor magazine, recognize top equipment finance and leasing organizations based on their portfolio activity and business volume during 2024.

Christopher Soupal, Divisional President and Revenue Lending Officer, highlighted the achievement as a testament to the company's dedication to financial inclusion and business funding solutions. Beyond equipment finance, Pathward offers Working Capital and Structured Finance solutions as part of its Commercial Finance portfolio.

Pathward Financial, Inc. (Nasdaq: CASH) has been named one of the 2025-2026 Best Companies to Work For by U.S. News & World Report. The company earned recognition on both the Finance and Insurance list and Midwest list, achieving a perfect score in work-life balance, stability, and belongingness.

The recognition follows Pathward's recent Great Place To Work® certification for the third consecutive year, where 84% of employees rated it as a great workplace - surpassing the U.S. company average by 27 points. The U.S. News evaluation considered factors such as pay and benefits, work-life balance, job stability, comfort, belongingness, and career development opportunities.

Blackhawk Network is launching a new Tap to Pay Visa Gift Card nationwide in summer 2025, featuring enhanced security and contactless payment capabilities. The card comes in tamper-evident packaging without visible account numbers, CVV, or magnetic stripe, significantly reducing the risk of data theft. Users can access funds via tap-to-pay at contactless terminals or by adding the card to a mobile wallet through the MyCardWallet app. The innovation aligns with consumer demand for secure, contactless payments, with Visa data showing tap-to-pay accounts for over 60% of in-person transactions in the US. The MyCardWallet app offers features like balance checking, transaction history, and the ability to request unique account details for online purchases. The cards will be accepted at over 150 million merchant locations worldwide where contactless Visa payments are accepted.

Pathward Financial (NASDAQ: CASH) has received a notice from Nasdaq on May 22, 2025, indicating non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Q1 2025 Form 10-Q. The company has 60 days to submit a compliance plan to Nasdaq, which may grant up to 180 calendar days (until November 11, 2025) to regain compliance. Pathward had previously filed a Form 12b-25 Notification of Late Filing with the SEC on May 12, 2025. The company stated it will take necessary steps to regain compliance as soon as possible. Importantly, the notice does not immediately affect Pathward's stock listing or trading status on Nasdaq.

Julie Halbert, Portfolio Manager at Pathward (CASH), has been named to ABF Journal's list of Trailblazers, recognizing leading women in specialty finance. With nearly 30 years of commercial banking experience, Halbert leads a team of 30 at Pathward's working capital group, managing an asset-based commercial loan portfolio approaching $1 billion in total assets. She joined Pathward (formerly Crestmark Bank) in 2009 as an underwriter and has since held various leadership positions. Her responsibilities include planning, staffing, budgeting, and implementing changes to methods for the portfolio. Christopher Soupal, Pathward Divisional President, praised Halbert's extensive knowledge and contributions to the organization's strategy and employee development.

Pathward Financial (NASDAQ: CASH) has declared a quarterly cash dividend of $0.05 per share for the third quarter of fiscal year 2025. The dividend will be paid on July 1, 2025, to shareholders of record as of June 13, 2025. As of March 31, 2025, the company reported total assets of $7.01 billion and shareholders' equity of $832.2 million.