Reported Q: Q1 2026 Rev YoY: -62.5% EPS YoY: -5.4% Move: -1.23%
Pathward Financial Inc
CASH
$89.91 -1.23%
Exchange NASDAQ Sector Financial Services Industry Banks Regional
Q1 2026
Published: Jan 22, 2026

Company Status Snapshot

Fast view of the latest quarter outcome for CASH

Reported

Report Date

Jan 22, 2026

Quarter Q1 2026

Revenue

53.76M

YoY: -62.5%

EPS

1.57

YoY: -5.4%

Market Move

-1.23%

Previous quarter: Q2 2025

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $53.76M down 62.5% year-over-year
  • EPS of $1.57 decreased by 5.4% from previous year
  • Net income of 35.12M
  • "Pipeline has never been more full. We're very excited about it." - Brett Pharr
CASH
Company CASH

Executive Summary

Pathward Financial, Inc. reported a solid first quarter of fiscal year 2026 (quarter ended December 31, 2025) characterized by continued growth in core card and deposit fee income, strength in commercial finance origination, and a deliberate balance-sheet optimization strategy that supported higher net interest income without expanding asset size. Management emphasized three levers for revenue growth in 2026: (1) rotate from securities to loans to lift net interest income while protecting risk-adjusted returns, (2) accelerate balance-sheet velocity to generate fee income from origination and sale of loans, and (3) expand multi-threaded partner solutions beyond issuing sponsorship to broaden noninterest income and diversification (e.g., merchant acquiring sponsorship and other embedded banking services). The quarter featured an $11.9 million gross-up impact to net interest income due to the consumer finance portfolio sale, which management described as largely offset by reduced provisions and lower other expenses, implying a muted net impact on earnings. Net income reached $35.12 million with diluted EPS of $1.57, up meaningfully versus the prior-year period per management commentary (net income up about 17%, EPS up ~28%). The company also highlighted strong liquidity, with $3.7 billion available, and announced a higher fiscal 2026 EPS guide of $8.55–$9.05, supported by higher card/deposit fee income and growing loan origination volumes. Tax season and partner-driven growth were underscored as key catalysts, with Pathward noting over 11% more enrolled tax offices versus a year ago and renewed tax software partnerships. Looking ahead, the firm cautioned that a portion of demand is tied to partner ramp and tax-office activity, but remains optimistic about achieving the updated range, particularly as tax season progresses and secondary-market activity rebounds post-government slowdown.

Key Performance Indicators

Revenue
Decreasing
53.76M
QoQ: -80.08% | YoY: -62.49%
Net Income
Decreasing
35.12M
QoQ: -52.55% | YoY: -16.06%
EPS
Decreasing
1.57
QoQ: -49.84% | YoY: -5.42%

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