secwatch.observer — SEC 8-K summary
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Issuer:     PATHWARD FINANCIAL, INC. (CASH)
CIK:        0000907471
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0000907471-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pathward Financial Q2 net income $54.8M, EPS $1.99; reaffirms FY2023 guidance
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- Net income $54.8M ($1.99 diluted EPS) vs $49.3M ($1.66) YoY; adjusted net income $60.3M ($2.18).
- Total revenue $228.4M, up 18% YoY; net interest margin expanded 132 bps to 6.12%.
- Reaffirms FY2023 GAAP EPS guidance $5.55-$5.95 despite $7.3M pre-tax adverse impacts in Q2.
- Repurchased 1,172,700 shares at avg $46.60; 2,468,283 shares remain under buyback program.
- Legacy mobile solar transactions caused $6.8M pre-tax charge; $0.5M venture capital impairment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907471/000090747123000060/0000907471-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907471/000090747123000060/cash-20230426.htm
  HTML page:      https://secwatch.observer/filing/0000907471-23-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer