other material
confidence high
sentiment neutral
materiality 0.40
H&R Block extends banking partnership with Pathward through June 2027; adjusts Emerald Advance terms
H&R BLOCK INC
- Fourth Amendment extends PMA term by two years to June 30, 2027.
- Emerald Advance participation agreement amended to vary participation interests by jurisdiction.
- Company expects changes to slightly lower EFS's overall share of participation interests at portfolio level.
- Other material PMA terms remain substantially unchanged; amended refund transfer and Emerald Advance product schedules.