Pathward Financial, Inc. (CASH) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, Pathward Financial reported revenue of $839.9M, up 11.3% from $754.7M the year before. Net income was $185.9M (a 22.1% net margin), or $7.87 per diluted share. Net interest income was $511.8M, and the efficiency ratio (noninterest expense / revenue) was 66.7%. Operating activities generated $450.6M of cash, leaving $438.9M of free cash flow. At fiscal year end, Pathward Financial held $7.17B in total assets against $6.31B in total liabilities, including $120.6M of cash and equivalents.
Open the full interactive Pathward Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Pathward Financial Key Stats
| Share Price | $71.85 |
|---|---|
| Market Cap | $1.52B |
| P/E Ratio | 9.1 |
| Revenue YoY Growth | +11.3% |
| 52-Week Range | $66.30 – $99.81 |
| Shares Outstanding | 21.1 million (basic, 2026 Q3) |
Pathward Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $259.0M | $279.0M | $307.3M | $387.9M | $455.1M | $511.8M |
| Provision for Credit Losses | $64.8M | $49.9M | $28.5M | $57.4M | $42.7M | $56.8M |
| Noninterest Income | $239.8M | $270.9M | $293.8M | $316.6M | $299.6M | $328.1M |
| Noninterest Expense | $319.1M | $343.7M | $385.3M | $465.0M | $513.3M | $560.1M |
| Revenue | $498.8M | $549.9M | $601.1M | $704.5M | $754.7M | $839.9M |
| Pre-Tax Income | $115.0M | $156.4M | $187.3M | $182.1M | $198.8M | $223.1M |
| Income Tax | $5.7M | $10.7M | $28.0M | $16.3M | $29.1M | $36.3M |
| Net Income | $104.7M | $141.7M | $156.4M | $163.6M | $168.4M | $185.9M |
| Diluted EPS | $2.94 | $4.38 | $5.26 | $5.99 | $6.62 | $7.87 |
Pathward Financial Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $195.8M | $173.1M | $276.3M | $189.6M |
| Net Income | $37.3M | $35.2M | $72.9M | $29.0M |
| Diluted EPS | $1.59 | $1.57 | $3.35 | $1.37 |
Pathward Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $427.4M | $314.0M | $388.0M | $375.6M | $158.3M | $120.6M |
| Loans (Net) | — | $3.54B | $3.49B | $4.32B | $4.03B | $4.61B |
| Total Assets | $6.09B | $6.69B | $6.75B | $7.54B | $7.55B | $7.17B |
| Deposits | $4.98B | $5.51B | $5.87B | $6.59B | $5.88B | $5.89B |
| Total Long-Term Debt | $98.2M | $92.8M | $36.0M | $33.9M | $33.4M | $33.5M |
| Total Liabilities | $5.24B | $5.82B | $6.10B | $6.88B | $6.71B | $6.31B |
| Shareholders' Equity | $843.7M | $870.7M | $645.2M | $651.6M | $839.9M | $858.0M |
Pathward Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $467.2M | $581.6M | $268.8M | $303.1M | $453.5M | $450.6M |
| Cash From Investing | -$206.3M | -$1.12B | -$310.9M | -$920.8M | -$227.7M | $25.8M |
| Cash From Financing | $40.0M | $422.9M | $117.8M | $604.9M | -$443.2M | -$513.0M |
| Free Cash Flow | $455.0M | $568.7M | $260.6M | $294.5M | $443.4M | $438.9M |
Figures from Pathward Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Pathward Financial financials page for every line item.
Pathward Financial Company Profile
| Ticker | CASH |
|---|---|
| Exchange | Nasdaq |
| Industry | National Commercial Banks |
| Headquarters | Sioux Falls, South Dakota |
| Incorporated in | Delaware |
| Fiscal Year End | September 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000907471 |
Frequently Asked Questions
What was Pathward Financial's revenue in fiscal 2025?
Pathward Financial (CASH) reported revenue of $839.9M for fiscal 2025.
What is Pathward Financial's annual revenue history?
Pathward Financial's annual revenue by fiscal year: 2020: $498.8M; 2021: $549.9M; 2022: $601.1M; 2023: $704.5M; 2024: $754.7M; 2025: $839.9M.
What was Pathward Financial's net income in fiscal 2025?
Pathward Financial reported net income of $185.9M for fiscal 2025.
What was Pathward Financial's earnings per share (EPS) in fiscal 2025?
Pathward Financial's diluted EPS was $7.87 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Pathward Financial generate in fiscal 2025?
Pathward Financial generated $438.9M of free cash flow in fiscal 2025.
What was Pathward Financial's revenue last quarter?
In its most recent reported quarter (2026 Q3), Pathward Financial reported revenue of $189.6M.
How much debt does Pathward Financial have?
Pathward Financial reported $33.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Pathward Financial are outstanding?
Pathward Financial reported a weighted average of 21.1 million basic shares outstanding in 2026 Q3.
What is Pathward Financial's market cap?
Based on its latest closing price, Pathward Financial (CASH) has a market capitalization of about $1.52B.
When does Pathward Financial's fiscal year end?
Pathward Financial's fiscal year end, as registered with the SEC, is September 30.
Where is Pathward Financial headquartered?
Pathward Financial lists its business address in Sioux Falls, South Dakota in its SEC filings.