Articles from Pathward Financial, Inc.
Pathward Earns a Spot on Monitor’s Bank 50 Ranking
Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Bank” or “Pathward”), announced the Bank has been named to Monitor’s Bank 50 ranking. The list honors the top banks in equipment leasing and finance in the U.S. Holding spot #29 on the list, up from the #31 spot in 2023, Pathward was recognized for its ongoing commitment to providing high-quality, diverse equipment financing products and services.
By Pathward Financial, Inc. · Via Business Wire · December 11, 2024
Pathward Financial, Inc. Declares Cash Dividend
Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the first fiscal quarter of 2025. This dividend will be payable on January 2, 2025 to shareholders of record as of December 10, 2024.
By Pathward Financial, Inc. · Via Business Wire · November 21, 2024
Pathward Financial, Inc. Announces Results for 2024 Fiscal Fourth Quarter and Fiscal Year 2024
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $33.6 million, or $1.35 per share, for the three months ended September 30, 2024, compared to net income of $35.9 million, or $1.36 per share, for the three months ended September 30, 2023.
By Pathward Financial, Inc. · Via Business Wire · October 23, 2024
Pathward Financial, Inc. to Announce Fourth Quarter and Fiscal Year 2024 Earnings and Host Conference Call on October 23, 2024
Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the fourth quarter and fiscal year 2024 on Wednesday, October 23, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.
By Pathward Financial, Inc. · Via Business Wire · October 9, 2024
Pathward Wins 2024 Finovate Award for Best Banking as a Service Provider
Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Bank” or “Pathward”), announced the Bank’s Partner Solutions line of business won the 2024 Finovate Award for Best Banking as a Service Provider. According to Finovate, its awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life.
By Pathward Financial, Inc. · Via Business Wire · September 30, 2024
Pathward, MoneyLion Extend Partnership to 2029
Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Bank” or “Pathward”), announced the Bank and MoneyLion (NYSE: ML), a digital ecosystem for consumer finance, have committed to an additional three years of partnership, extending their agreement until 2029. Pathward and MoneyLion first joined forces in 2020, and the most notable product born from the partnership is RoarMoney℠, a Demand Deposit Account offered through MoneyLion’s mobile application.
By Pathward Financial, Inc. · Via Business Wire · September 5, 2024
Pathward Announces Sale of Commercial Insurance Premium Finance Business
Pathward Financial, Inc. (the “Company”) (Nasdaq: CASH) today announced that its wholly owned subsidiary Pathward®, N.A. (“Pathward”), an industry leading financial empowerment company driven by its purpose to power financial inclusion, has entered into a definitive agreement to sell its commercial insurance premium finance business to AFS IBEX Financial Services, LLC (“AFS”), a Delaware limited liability company and subsidiary of Honor Capital Holdings, LLC, a Delaware limited liability company (“Honor”). Through its subsidiaries, Honor originates and services premium finance loans and is one of the nation’s largest independently owned insurance premium finance companies with offices in Massachusetts, New York, Florida, Texas and California. Honor will be guaranteeing the obligations of AFS under the agreement.
By Pathward Financial, Inc. · Via Business Wire · August 28, 2024
Pathward Financial, Inc. Declares Cash Dividend
Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the fourth fiscal quarter of 2024. This dividend will be payable on October 1, 2024 to shareholders of record as of September 10, 2024.
By Pathward Financial, Inc. · Via Business Wire · August 22, 2024
Pathward Financial, Inc. to Announce Third Quarter 2024 Earnings and Host Conference Call on July 24, 2024
Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the third quarter of fiscal year 2024 on Wednesday, July 24, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.
By Pathward Financial, Inc. · Via Business Wire · July 10, 2024
Pathward Financial, Inc. Declares Cash Dividend
Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2024. This dividend will be payable on July 1, 2024 to shareholders of record as of June 11, 2024.
By Pathward Financial, Inc. · Via Business Wire · May 9, 2024
Pathward Financial, Inc. Announces Results for 2024 Fiscal Second Quarter
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $65.3 million, or $2.56 per share, for the three months ended March 31, 2024, compared to net income of $54.8 million, or $1.99 per share, for the three months ended March 31, 2023. For the fiscal quarter ended March 31, 2023, the Company recognized adjusted net income of $60.3 million, or $2.18 per share, when adjusting for the adverse financial impacts related to legacy mobile solar transactions and a venture capital investment impairment expense. See non-GAAP reconciliation table below.
By Pathward Financial, Inc. · Via Business Wire · April 24, 2024
Pathward Financial, Inc. to Announce Second Quarter 2024 Earnings and Host Conference Call on April 24, 2024
Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2024 on Wednesday, April 24, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results.
By Pathward Financial, Inc. · Via Business Wire · April 10, 2024
Pathward Financial, Inc. Declares Cash Dividend
Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the second fiscal quarter of 2024. This dividend will be payable on April 1, 2024 to shareholders of record as of March 12, 2024.
By Pathward Financial, Inc. · Via Business Wire · February 29, 2024
Pathward Appoints Neeraj Mehta To Board Of Directors
Pathward Financial, Inc. (Nasdaq: CASH) and its subsidiary Pathward®, N.A., an industry leading financial empowerment company driven by its purpose to power financial inclusion, today announced that Neeraj Mehta has been appointed as an independent member of the Board of Directors, effective Feb. 27, 2024. Mehta will serve as a member of the Audit Committee and Governance, Nominating and Sustainability Committee of the Pathward Financial, Inc. and Pathward, N.A. boards.
By Pathward Financial, Inc. · Via Business Wire · February 28, 2024
Pathward Financial, Inc. Announces Results for 2024 Fiscal First Quarter
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $27.7 million, or $1.06 per share, for the three months ended December 31, 2023, compared to net income of $27.8 million, or $0.98 per share, for the three months ended December 31, 2022. For the fiscal quarter ended December 31, 2022, the Company recognized adjusted net income of $23.2 million, or $0.81 per share, when adjusting for the gain on sale of names and trademarks, expenses related to rebranding efforts and separation expense. See non-GAAP reconciliation table below.
By Pathward Financial, Inc. · Via Business Wire · January 24, 2024
Pathward Financial, Inc. Declares Cash Dividend
Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the first fiscal quarter of 2024. This dividend will be payable on January 2, 2024 to shareholders of record as of December 12, 2023.
By Pathward Financial, Inc. · Via Business Wire · November 16, 2023
Pathward Financial, Inc. Announces Results for 2023 Fiscal Fourth Quarter and Fiscal Year 2023
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $35.9 million, or $1.36 per share, for the three months ended September 30, 2023, compared to net income of $23.4 million, or $0.81 per share, for the three months ended September 30, 2022.
By Pathward Financial, Inc. · Via Business Wire · October 25, 2023
Pathward Financial, Inc. to Announce Fourth Quarter and Fiscal Year 2023 Earnings and Host Conference Call on October 25, 2023
Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the fourth quarter and fiscal year 2023 on Wednesday, October 25, 2023, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Standard Time (5:00 p.m. Eastern Standard Time) on the same day to discuss these results.
By Pathward Financial, Inc. · Via Business Wire · October 11, 2023
Pathward Appoints Greg Sigrist as Next Chief Financial Officer
Pathward Financial, Inc. (Nasdaq: CASH) today announced that Greg Sigrist has been appointed executive vice president (“EVP”), chief financial officer (“CFO”) - designee, beginning Nov. 1, 2023. Immediately after the filing of the Company’s Form 10-K for fiscal year 2023, Mr. Sigrist will transition to EVP, CFO, when he will succeed Glen Herrick, who will remain with the Company to aid in the transition and other projects until his retirement on December 31, 2023.
By Pathward Financial, Inc. · Via Business Wire · October 5, 2023
Pathward Financial, Inc. Announces Authorization of Common Stock Share Repurchase Program and Cash Dividend for Fourth Fiscal Quarter of 2023
Pathward Financial, Inc. (the “Company”) (Nasdaq: CASH), announced that it will pay a cash dividend of $0.05 per share for the fourth fiscal quarter of 2023 on October 2, 2023 to shareholders of record as of September 12, 2023. The Company also announced that its Board of Directors authorized a share repurchase program to repurchase up to 7,000,000 shares of the Company’s outstanding common stock on or before September 30, 2028.
By Pathward Financial, Inc. · Via Business Wire · August 25, 2023
Pathward Financial Inc. Builds on Recent Momentum, Progress Toward Enhancing Financial Inclusion
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH), a U.S.-based financial holding company driven by its purpose to power financial inclusion, today commemorates the conclusion of a transformative 12-months, which has been marked by a series of pivotal business developments.
By Pathward Financial, Inc. · Via Business Wire · August 17, 2023
Pathward Financial, Inc. Announces Results for 2023 Fiscal Third Quarter
Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $45.1 million, or $1.68 per share, for the three months ended June 30, 2023, compared to net income of $22.4 million, or $0.76 per share, for the three months ended June 30, 2022. For the same period of the prior year, the Company recognized adjusted net income of $27.3 million, or $0.93 per share when excluding the impact of rebranding and separation expenses. See non-GAAP reconciliation table below.
By Pathward Financial, Inc. · Via Business Wire · July 26, 2023
Pathward Publishes 2022 Environmental, Social and Governance Report
Pathward®, N.A., a U.S.-based financial empowerment company, today published its 2022 Environmental, Social and Governance Report. The report documents Pathward’s progress over the 2022 fiscal year, ending Sept. 30, 2022, in implementing plans, programs and policies that build upon the company’s culture and purpose to power Financial Inclusion for All™.
By Pathward Financial, Inc. · Via Business Wire · July 24, 2023
Pathward Financial, Inc. to Announce Third Quarter 2023 Earnings and Host Conference Call on July 26, 2023
Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the third quarter of fiscal year 2023 on Wednesday, July 26, 2023, after market close. Pathward Financial also will host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Standard Time (5:00 p.m. Eastern Standard Time) on the same day to discuss these results.
By Pathward Financial, Inc. · Via Business Wire · July 12, 2023
Pathward Financial, Inc. Declares Cash Dividend
Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2023. This dividend will be payable on July 3, 2023 to shareholders of record as of June 8, 2023.
By Pathward Financial, Inc. · Via Business Wire · May 11, 2023