---
schema_version: "secwatch.filing_event.v1"
accession: "0000907471-23-000005"
form_type: "8-K"
ticker: "CASH"
cik: "0000907471"
company_name: "PATHWARD FINANCIAL, INC."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:16:24.027475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pathward Financial Q1 GAAP EPS $0.98, raises FY2023 guidance to $5.55-$5.95

## Summary
- Net income $27.8M ($0.98 diluted EPS) vs $61.3M ($2.00) a year ago; adjusted EPS $0.81 vs $0.78.
- Total revenue $149.8M, down 5% YoY, as prior year included $50M gain on trademark sale.
- Net interest margin expanded 103 bps to 5.62%; net interest income up 17% to $84.1M.
- Raised FY2023 GAAP EPS guidance to $5.55-$5.95; shares repurchased 653,994 at avg $38.10.
- Card processing expense from BaaS agreements jumped to $14.0M ($0.1M prior year).

## SEC filing metadata
- accession: 0000907471-23-000005
- form_type: 8-K
- ticker: CASH
- cik: 0000907471
- company_name: PATHWARD FINANCIAL, INC.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907471/000090747123000005/0000907471-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907471/000090747123000005/cash-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907471-23-000005
- JSON: https://secwatch.observer/filing/0000907471-23-000005.json
- Plain text: https://secwatch.observer/filing/0000907471-23-000005.txt

## Key facts
- Earnings Releases
  PATHWARD FINANCIAL, INC. reported three months ended December 31, 2022 results: revenue $149.8 million, net income $27.8 million, EPS $0.98 p er share. Guidance raised.
  - Period: three months ended December 31, 2022
  - Revenue: $149.8 million
  - Net income: $27.8 million
  - EPS: $0.98 p er share
  - Guidance: raised
  - Result: reported results
  source text: does not anticipate any further material expenses related to rebranding efforts. Financial Highlights for the 2023 Fiscal First Quarter • Total revenue for the first quarter was $149.8 million, a decrease of $8.4 million, or 5%, compared to the same quarter in fiscal 2022, primarily driven by the $50.0 million gain on sale of names and trademarks recognized during the
  evidence_url: https://www.sec.gov/Archives/edgar/data/907471/000090747123000005/0000907471-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.