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Meta Financial Group (CASH)
NASDAQ:CASH
Holding CASH?
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Earnings Data
Report Date
Jan 21, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.78Last Year’s EPS
2.56Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 0.87%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in earnings, net interest income, and strategic initiatives in renewable energy. However, there were some challenges, including increased credit loss provisions and a decrease in deposits. The overall sentiment is positive, given the company's strong liquidity position and strategic growth plans.Company Guidance
During the Q1 2025 earnings call, Pathward Financial provided several key financial metrics and offered guidance for the fiscal year. The company reported earnings of $1.29 per share, marking a 22% year-over-year increase, with net income reaching $31.4 million. Net interest income rose by 6%, while the net interest margin and adjusted net interest margin expanded to 6.84% and 5.41%, respectively. The company's performance metrics were robust, with a return on average assets of 1.69% and a return on average tangible equity of 25.65%. Pathward reiterated its fiscal 2025 guidance, projecting earnings per diluted share in the range of $7.25 to $7.75. Liquidity remains strong, with approximately $4 billion available, and the company executed share repurchases of around 702,000 shares at an average price of $74.5. Looking ahead, Pathward remains focused on optimizing its balance sheet and expanding its net interest margin, driven by reallocating assets to higher-yielding opportunities.Strong Earnings Growth
Reported earnings of $1.29 per share, representing a year-over-year growth of 22% and net income of $31.4 million.
Net Interest Income Increase
Net interest income grew 6%, with net interest margin expanding to 6.84% and adjusted net interest margin to 5.41%.
Return on Assets and Equity
Return on average assets was 1.69% and return on average tangible equity was 25.65% for the quarter.
Strategic Partnership for Renewable Energy
Announced a strategic partnership to support renewable energy loan growth, focusing on conventional construction loans and USDA guaranteed loans.
Noninterest Income Growth
Noninterest income increased by 9% compared to the prior year's quarter, driven by gain on loan sales.
Share Repurchase Program
Repurchased approximately 702,000 shares at an average share price of $74.5.
Liquidity Position
Liquidity remains strong with approximately $4 billion available.
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CASH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CASH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 21, 2025 | $78.43 | $77.31 | -1.43% |
| Oct 23, 2024 | $72.64 | $70.11 | -3.48% |
| Jul 24, 2024 | $64.64 | $68.12 | +5.38% |
| Apr 24, 2024 | $50.97 | $52.80 | +3.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Meta Financial Group (CASH) report earnings?
Meta Financial Group (CASH) is schdueled to report earning on Jan 21, 2025, TBA Not Confirmed.
What is Meta Financial Group (CASH) earnings time?
Meta Financial Group (CASH) earnings time is at Jan 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CASH EPS forecast?
CASH EPS forecast for the fiscal quarter 2025 (Q2) is 2.78.
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