Meta Financial ( (CASH) ) has released its Q3 earnings. Here is a breakdown of the information Meta Financial presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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.
In its latest earnings report for the fiscal third quarter of 2025, Pathward Financial announced a net income of $42.1 million, or $1.81 per share, slightly down from $44.9 million, or $1.78 per share, in the same period last year. The company highlighted its strategic execution and shareholder value generation as key achievements.
Key financial metrics showed a 4% increase in total revenue to $195.8 million, driven by a rise in noninterest income. The net interest margin improved to 7.43% from 7.26% last year, supported by an optimized earning asset mix. Gross loans and leases grew by $127.7 million to $4.74 billion compared to the previous year. Additionally, the company repurchased 603,780 shares of common stock at an average price of $74.49.
The company also reported a 16% increase in tax services product revenue over the nine months ending June 2025, attributed to higher tax product fee income and refund advance fee income. Noninterest income rose by 11% to $73.4 million, while noninterest expenses increased by 11% to $139.3 million, primarily due to higher legal and consulting expenses.
Looking ahead, Pathward Financial remains committed to its strategy of delivering solutions for its clients and partners, while continuing to focus on financial inclusion and optimizing its financial performance.