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Pathward: Fiscal Q4 Earnings Snapshot

By AP News
Published

SIOUX FALLS, S.D. (AP) — SIOUX FALLS, S.D. (AP) — Pathward Financial, Inc. (CASH) on Wednesday reported fiscal fourth-quarter earnings of $35.4 million.

The Sioux Falls, South Dakota-based bank said it had earnings of $1.36 per share.

The holding company for Meta Bank posted revenue of $165.7 million in the period. Its revenue net of interest expense was $161 million, beating Street forecasts.

For the year, the company reported profit of $161.2 million, or $5.99 per share. Revenue was reported as $704.5 million.

Pathward expects full-year earnings to be $6.20 to $6.70 per share.

Pathward shares have dropped slightly more than 1% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $42.49, a climb of 8% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CASH at https://www.zacks.com/ap/CASH

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