PATHWARD FINANCIAL, INC.(CASH)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
PATHWARD FINANCIAL, INC. (CASH) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores CASH at 50.8/100 on a 32-signal composite quality model, placing it at rank #1,573 of 2,961 stocks — the bottom half of the AI-ranked universe. CASH scores in the top quartile across free cash flow (99.1), earnings quality (91.1), profitability (80.4). Areas of concern include revenue growth (32.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), PATHWARD FINANCIAL, INC. reports quarterly revenue of $189.6M, net income of $29.0M, free cash flow of $48.6M. Top institutional holders of CASH by reported 13-F value include BlackRock, FMR, STATE STREET, based on the most recent SEC filings. CASH trades on the Nasdaq exchange and files with the SEC under CIK 907471. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CASH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PATHWARD FINANCIAL, INC. directly from SEC EDGAR.
AI Quality Score
50.8/100
AI Rank
#1,573
Revenue
$189.6M
Net Income
$29.0M
Free Cash Flow
$48.6M
CASH key financials by period
PATHWARD FINANCIAL, INC. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$839.9M
$185.9M
26.6%
FY 2024
10-K/A
$797.4M
$183.2M
27.4%
FY 2023
10-K/A
$704.5M
$143.3M
22.0%
FY 2022
10-K/A
$601.1M
$151.1M
30.0%
FY 2021
10-K
$549.9M
$141.7M
28.4%
FY 2020
10-K
$498.8M
$104.7M
23.1%
Institutions holding CASH
Institutional investors reporting a position in PATHWARD FINANCIAL, INC. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-05-07 — Q2 FY2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income of $72.9M ($3.35 diluted EPS) in Q2 as noninterest income grew 9% to $151.2M, driven by card fees +22%, refund advances +18%, and tax services revenue +13%.
Biggest Revenue Drivers
Net Interest Income$125.1M-8% YoY
Decrease primarily driven by consumer finance portfolio sale in October 2025 and lower yields on cash/investments, partially offset by commercial finance growth.
Noninterest Income$151.2M+9% YoY
Growth in refund advance and other tax fee income (+18%), card and deposit fees (+22%), and refund transfer product fees (+7%).
Biggest Revenue Drivers
Total revenue: $276.3M+0.5% YoY
Net Interest Income$125.1M-8% YoY
Decrease primarily driven by consumer finance portfolio sale in October 2025 and lower yields on cash/investments, partially offset by commercial finance growth.
Noninterest Income$151.2M+9% YoY
Growth in refund advance and other tax fee income (+18%), card and deposit fees (+22%), and refund transfer product fees (+7%).
Within Noninterest Income
Refund Transfer Product Fees$34.8M+7% YoY
Increased refund transfer volume within Partner Solutions business line.
Refund Advance and Tax Fee Income$57.5M+18% YoY
Higher origination volumes and increased refund transfers during tax season.
Card and Deposit Fees$37.5M+22% YoY
Growth in prepaid card fees and account management services.
Largest Expense Items
Noninterest Expense$143.5M-3% YoY
Decrease primarily from lower card processing expense ($25.4M vs $28.4M YoY) due to lower EFFR index rates, partially offset by higher compensation and building/software costs.
Provision for Credit Loss$45.6M+29% YoY
Increase driven by commercial finance provision (+$19.0M), partially offset by consumer finance (-$6.9M) and tax services (-$1.7M).
Compensation and Benefits$55.4M+7% YoY
Increase reflects higher staffing and incentive compensation.
Card Processing$33.5M-8% YoY
Decrease driven by lower EFFR-indexed processing fees under Partner Solutions rate-related agreements; ~66% of deposits subject to rate-related expenses.
Margins: Net interest margin declined 49 basis points YoY to 6.63% in Q2, primarily due to the October 2025 sale of the consumer finance portfolio which had higher yields. The company's cost of funds increased modestly to 0.33% from 0.32% YoY, while deposit costs rose to 0.25% from 0.23%.
Watch Items from the Filing
Nonperforming assets increased to 1.68% of total assets ($119.8M) at March 31, 2026 from 1.42% ($101.7M) at September 30, 2025, driven by commercial finance nonaccruals rising to $91.4M from $81.4M.
Allowance for credit losses increased 84% to $98.3M (2.02% of loans) from $53.3M (1.14% of loans) at September 30, 2025, primarily due to $35.3M increase in tax services allowance related to seasonal originations of $1.87B in refund advances.
Net interest margin compressed 46 basis points YoY for six months to 6.78% from 7.24%, reflecting strategic portfolio shifts, lower investment yields, and higher deposit costs driven by rate environment.
Material weakness in internal control over financial reporting related to accounting treatment of certain consumer lending program agreements; remediation in progress through third-party technical accounting consultant and enhanced periodic review controls.
Tax services portfolio is highly seasonal with ACL coverage of 58.63% at March 31, 2026; originations of $1.87B YTD in refund advances (vs $1.66B prior year) create significant provision volatility.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
