---
schema_version: "secwatch.filing_event.v1"
accession: "0000907471-24-000127"
form_type: "8-K"
ticker: "CASH"
cik: "0000907471"
company_name: "PATHWARD FINANCIAL, INC."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:11:08.363696+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pathward Financial sells premium finance business for $603M; raises FY2025 EPS guidance to $7.25-$7.75

## Summary
- Completed sale of commercial insurance premium finance business for $603.3M cash on Oct 31, 2024.
- Purchase price includes $31.2M premium; estimated after-tax gain of $13.8M.
- Raised FY2025 GAAP EPS guidance to $7.25-$7.75 per diluted share.
- Assumes two 25bp rate cuts in Nov & Dec 2024; NIM to exceed FY2024; tax rate 18-20%.
- Expects $150-200M securities sale in Q1 FY2025, generating loss to offset pre-tax gain from sale.

## SEC filing metadata
- accession: 0000907471-24-000127
- form_type: 8-K
- ticker: CASH
- cik: 0000907471
- company_name: PATHWARD FINANCIAL, INC.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907471/000090747124000127/0000907471-24-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907471/000090747124000127/cash-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907471-24-000127
- JSON: https://secwatch.observer/filing/0000907471-24-000127.json
- Plain text: https://secwatch.observer/filing/0000907471-24-000127.txt

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