The latest update is out from Meta Financial Group ( (CASH) ).
Pathward Financial reported robust financial performance for fiscal 2024, with net income reaching $168.4 million, marking an 11% growth in earnings per share. The fourth quarter saw revenue increase by 4% to $167.9 million, driven by higher net interest income and improved asset mix, despite a drop in noninterest income. Notably, Pathward’s Partner Solutions team earned recognition as the Best Banking as a Service provider, highlighting the company’s innovative strides and solidifying its position in the fintech space.
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