secwatch.observer — SEC 8-K summary
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Issuer:     PATHWARD FINANCIAL, INC. (CASH)
CIK:        0000907471
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000907471-24-000082
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pathward Q3 EPS $1.66, revenue $176.7M (+7% YoY), NIM expands to 6.56%
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- Net income $41.8M ($1.66 diluted EPS) vs $45.1M ($1.68) in prior-year Q3.
- Revenue $176.7M (+7% YoY) on higher net interest income; NIM rose 38 bps to 6.56%.
- Loans grew 12% YoY to $4.61B; commercial finance (+12%) and warehouse finance led growth.
- Provision for credit losses $5.9M (up from $1.8M) due to higher commercial finance provisions.
- Tax services net product income up 33% to $47.1M for 9 months; repurchased 286,920 shares at $52.24.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907471/000090747124000082/0000907471-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907471/000090747124000082/cash-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000907471-24-000082

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