Pathward Financial (CASH) AI Stock Analysis

• Market Cap: $1.54B
• Dividend Yield: 0.3%
• Average Volume (3M): 197.13K
• Price to Earnings (P/E): 8.6
• Beta (1Y): 0.91
• Revenue Growth: 7.80%
• EPS Growth: 19.38%
• Country: US
• Employees: 1,155
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.69
• Shares Outstanding: 22,772,570
• 10 Day Avg. Volume: 198,494
• 30 Day Avg. Volume: 197,130
• PEG Ratio: 0.96
• Price to Book (P/B): 1.98
• Price to Sales (P/S): 2.65
• P/FCF Ratio: 9.40
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 2.32
• Enterprise Value/Gross Profit: 2.56
• Enterprise Value/Ebitda: 6.29
• 1Y Price Target: $88.00
• Price Target Upside: 22.26% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 8.53
• Revenue Forecast (FY): $870.80M

• Rating: 74 Outperform
• Price Target: $80.00 ▲(11.14% Upside)

Meta Financial Group's strong financial performance and positive earnings call sentiment are the primary drivers of the overall score. However, technical indicators suggest bearish momentum, and the valuation indicates potential undervaluation with a modest dividend yield.

Pathward Financial Business Overview & Revenue Model

Company Description

Pathward Financial, identified by its stock symbol CASH, is a financial services company that focuses on providing a range of banking and payment solutions. The company primarily operates in the sectors of digital banking and payments, offering services such as prepaid debit cards, mobile banking applications, and various payment processing solutions. Pathward aims to serve underbanked and underserved markets, providing accessible financial services to individuals and businesses.

How the Company Makes Money

Pathward Financial generates revenue through several key streams. Primarily, the company earns income from transaction fees associated with its prepaid debit card services and payment processing solutions. Additionally, it generates interest income from the balances held in customer accounts and from loans provided to clients. Pathward also engages in partnerships with various businesses, including fintech companies, which expand its service offerings and customer base. These collaborations often involve revenue-sharing agreements that further contribute to the company's earnings. Furthermore, the company benefits from economies of scale as it grows its customer base, allowing for increased operational efficiency and profitability.

Pathward Financial Financial Statement Overview

Summary

Meta Financial Group demonstrates strong financial performance with consistent revenue growth, profitability, and cash flow generation. The zero-debt approach enhances financial stability, although there is potential to improve returns on equity.

Income Statement

Meta Financial Group demonstrates strong profitability with a consistent net profit margin and steady EBIT and EBITDA margins. Revenue growth is evident from the increase over the past periods, notably a 24% rise from 2023 to 2024. These factors indicate effective cost management and revenue generation capabilities.

Balance Sheet

The company's balance sheet shows a solid equity position with zero total debt in the latest TTM data, indicating financial stability. The equity ratio stands at 10%, reflecting a moderate level of leverage, which is typical in the banking industry. However, the relatively low return on equity (ROE) suggests room for improving shareholder returns.

Cash Flow

Meta Financial Group displays a healthy cash flow situation, with positive free cash flow growth and robust operating cash flow. The free cash flow to net income ratio is favorable, suggesting efficient cash generation relative to profits. The cash flow metrics underscore the company's ability to generate cash to support operations and investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	695.96M	626.20M	588.25M	501.28M	515.13M	477.04M
Gross Profit	628.53M	562.30M	520.02M	472.74M	458.50M	378.46M
EBITDA	256.17M	256.56M	247.09M	248.92M	215.49M	175.75M
Net Income	180.50M	168.36M	163.62M	156.39M	141.71M	104.72M
Balance Sheet
Total Assets	7.23B	7.55B	7.54B	6.75B	6.69B	6.09B
Cash, Cash Equivalents and Short-Term Investments	1.63B	1.90B	2.18B	2.27B	2.18B	1.24B
Total Debt	148.43M	410.35M	46.87M	36.03M	98.03M	98.22M
Total Liabilities	6.41B	6.71B	6.88B	6.10B	5.82B	5.24B
Stockholders Equity	818.72M	839.88M	651.63M	645.17M	870.73M	843.71M
Cash Flow
Free Cash Flow	189.90M	176.78M	-146.79M	-170.06M	517.62M	401.32M
Operating Cash Flow	277.09M	453.54M	303.11M	268.81M	581.64M	467.22M
Investing Cash Flow	150.75M	-227.66M	-920.76M	-310.87M	-1.12B	-206.32M
Financing Cash Flow	-468.80M	-443.20M	604.86M	117.82M	422.93M	40.02M

Pathward Financial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 71.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CASH, the sentiment is Negative. The current price of 71.98 is above the 20-day moving average (MA) of 70.57, below the 50-day MA of 73.78, and below the 200-day MA of 76.22, indicating a bearish trend. The MACD of -1.90 indicates Positive momentum. The RSI at 34.51 is Neutral, neither overbought nor oversold. The STOCH value of 24.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CASH.

Pathward Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CASH	74 Outperform	$1.54B	8.58	21.81%	0.30%	7.80%	19.38%
CHCO	74 Outperform	$1.72B	13.68	16.42%	2.72%	6.09%	11.49%
LOB	68 Neutral	$1.44B	21.20	6.31%	0.38%	10.41%	-19.43%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CCB	67 Neutral	$1.59B	33.05	11.82%	―	-2.11%	6.48%
BLX	65 Neutral	$1.52B	7.22	16.12%	5.61%	1.35%	9.65%
LKFN	63 Neutral	$1.49B	15.41	13.50%	3.43%	-2.90%	-1.47%

Pathward Financial Corporate Events

Meta Financial’s Earnings Call Highlights Strong Growth

In the latest earnings call, Meta Financial showcased a robust performance with significant achievements in earnings growth, new partnerships, and strong liquidity. Despite challenges such as increased non-performing loans and anticipated pressure on net interest margin, the overall sentiment was positive, indicating a strong performance and optimistic outlook for the company.

Pathward Financial Reports Strong Fiscal Year 2025 Results

Pathward Financial, Inc., a U.S.-based financial holding company, focuses on increasing financial inclusion through its Partner Solutions and Commercial Finance business lines. In its fiscal year 2025 report, Pathward Financial announced a net income of $185.9 million, or $7.87 per share, marking a slight increase from the previous year. The company also reported a fourth-quarter net income of $38.8 million, or $1.69 per share, up from $33.5 million in the same period last year. Key highlights include a 4% increase in total revenue for the fourth quarter, driven by a 13% rise in noninterest income, and a net interest margin improvement to 7.46%. The company also completed significant transactions, including the sale of its Insurance Premium Finance business and a transportation portfolio, while maintaining strong capital ratios and asset quality. Looking ahead, Pathward Financial’s management remains optimistic about continuing its strategic growth and maintaining its role as a trusted platform for partners.

Pathward Financial Reports Strong Q4 2025 Results

Pathward Financial announced its fiscal fourth quarter and full-year 2025 results, reporting a net income of $38.8 million for the quarter and $185.9 million for the year, reflecting growth from the previous year. The company completed strategic sales and appointments, contributing to its strong market position and strategy execution. The fourth quarter saw a 4% increase in total revenue driven by a 13% rise in noninterest income, while net interest margin improved due to balance sheet optimization. The company also repurchased shares and originated significant renewable energy leases, enhancing its investment tax credits.

The most recent analyst rating on (CASH) stock is a Buy with a $77.00 price target. To see the full list of analyst forecasts on Pathward Financial stock, see the CASH Stock Forecast page.

Pathward Financial Faces Nasdaq Compliance Notice

On August 26, 2025, Pathward Financial received a notice from Nasdaq indicating non-compliance with the Nasdaq Listing Rule due to the delayed filing of its Quarterly Report for the fiscal quarter ended June 30, 2025. This follows a similar notice received on May 22, 2025, for the previous quarter. The company has until September 10, 2025, to update its compliance plan and aims to meet the November 13, 2025 deadline to regain compliance. The notice does not immediately affect the company’s stock listing or trading on Nasdaq.

The most recent analyst rating on (CASH) stock is a Buy with a $89.00 price target. To see the full list of analyst forecasts on Pathward Financial stock, see the CASH Stock Forecast page.

Pathward Financial Declares Fourth Quarter Cash Dividend

On August 21, 2025, Pathward Financial, Inc. announced a cash dividend of $0.05 per share for the fourth quarter of fiscal year 2025, payable on October 1, 2025, to shareholders of record as of September 10, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and may influence its market positioning by demonstrating financial stability and shareholder returns.

The most recent analyst rating on (CASH) stock is a Hold with a $82.00 price target. To see the full list of analyst forecasts on Pathward Financial stock, see the CASH Stock Forecast page.

Pathward Financial Delays 10-Q Filing Due to Restatements

Pathward Financial, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the need to amend previous financial statements related to errors in gross vs. net basis presentation and derivative accounting within its Credit Solutions business. The company is working diligently to complete the restatement process and aims to file the delayed report promptly after addressing these amendments. While the company does not anticipate significant changes in its financial results, it is committed to maintaining transparency and compliance. The notification was signed by Gregory A. Sigrist, Executive Vice President and Chief Financial Officer, on August 11, 2025.

The most recent analyst rating on (CASH) stock is a Buy with a $94.00 price target. To see the full list of analyst forecasts on Pathward Financial stock, see the CASH Stock Forecast page.

Meta Financial’s Earnings Call: Balancing Growth and Challenges

The recent earnings call for Meta Financial, operating under the Pathward Financial brand, painted a picture of balanced sentiment, reflecting both significant achievements and notable challenges. On the positive side, the company demonstrated strong capital redeployment, impressive growth in their acquiring product, and maintained solid financial health with increased liquidity. However, these achievements were tempered by challenges such as changes in accounting methodology, elevated expenses, and a rise in nonperforming loans.

Pathward Financial Reports Steady Q3 2025 Earnings

Pathward Financial, Inc. is a U.S.-based financial holding company focused on enhancing financial inclusion through its Partner Solutions and Commercial Finance business lines.

Meta Financial Group Restates Financial Statements Amid Errors

Pathward Financial, Inc. reported preliminary results for its fiscal third quarter of 2025, showing a net income of $42.1 million, a slight decrease from the previous year. The company experienced a 4% increase in total revenue, driven by noninterest income, and a rise in net interest margin due to balance sheet optimization. However, the company is restating certain financial statements due to errors in gross vs. net basis presentation and derivative accounting. The restatements are expected to impact the Credit Solutions business and held-for-investment loan balances, with actual results potentially differing from the preliminary figures.

The most recent analyst rating on (CASH) stock is a Buy with a $94.00 price target. To see the full list of analyst forecasts on Meta Financial Group stock, see the CASH Stock Forecast page.