Reported Q: Q1 2025 Rev YoY: -5.3% EPS YoY: +21.7% Move: -1.23%
Pathward Financial Inc
CASH
$89.91 -1.23%
Exchange NASDAQ Sector Financial Services Industry Banks Regional
Q1 2025
Published: Feb 6, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for CASH

Reported

Report Date

Feb 6, 2025

Quarter Q1 2025

Revenue

126.76M

YoY: -5.3%

EPS

1.29

YoY: +21.7%

Market Move

-1.23%

Previous quarter: Q4 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $126.76M down 5.3% year-over-year
  • EPS of $1.29 increased by 21.7% from previous year
  • Gross margin of 88.1%
  • Net income of 31.43M
  • "Closing the sale of our insurance premium finance business in October, along with the subsequent sale of securities. This move started the process of optimizing close to $800 million on our balance sheet by putting us in a position to reallocate those funds into higher yielding assets or those with optionality." - Brett Pharr
CASH
Company CASH

Executive Summary

Pathward Financial posted a resilient QQ1 2025, delivering $1.29 per share in diluted earnings, up 22% YoY, and net income of $31.4 million on revenue of $126.8 million. Net interest income rose 6% year over year, aided by a mix shift to higher-yielding assets and stronger loan yields, with net interest margin at 6.84% and adjusted NIM at 5.41%. The quarter benefited from strategic balance-sheet optimization following the October sale of the insurance premium finance business, freeing capital for higher-yield assets and optionality. Management highlighted accelerated growth in high‑quality originations—particularly renewable energy construction loans (USDA guaranteed), equipment finance, and working capital—and a robust partner-solutions pipeline that expanded the company’s noninterest income opportunities through credit sponsorships and embedded-finance capabilities. This progress supports the reaffirmed FY2025 GAAP EPS guidance of $7.25–$7.75 and suggests the company remains well-positioned to leverage its platform in a higher-for-longer rate environment, albeit within the Durbin Amendment constraint that caps asset size at roughly $10 billion for on-balance-sheet lending.

Key Performance Indicators

Revenue
Decreasing
126.76M
QoQ: -7.94% | YoY: -5.30%
Gross Profit
Decreasing
111.62M
88.06% margin
QoQ: -16.09% | YoY: -5.49%
Operating Income
Increasing
37.92M
QoQ: 1.87% | YoY: 12.75%
Net Income
Increasing
31.43M
QoQ: -6.46% | YoY: 13.63%
EPS
Increasing
1.29
QoQ: 124.11% | YoY: 21.70%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 53.76 1.57 -62.5% View
Q2 2025 269.95 3.11 +27.0% View
Q1 2025 126.76 1.29 -5.3% View
Q4 2024 137.70 -5.40 +4.8% View
Q3 2024 143.32 1.66 +4.7% View