Frank Schiraldi

Tim Switzer

David Feaster

Joe Yanchunis

Timothy Switzer

Joe Jakunis

Joseph Yanchunis

- Pathward reported strong financial performance for fiscal year **2025**, with **Total Revenue** of **$840 million**  **[0000907471_2194049:6]**  and **Earnings Per Common Share** of **$7.87**.  **[0000907471_2194049:6]**  The company also achieved a **Return on Average Assets** of **2.46%** and a **Return on Average Tangible Equity** of **38.75%** in 2025.  **[0000907471_2194049:6]** 
- The company's asset quality metrics for **Q4 2025** showed an increase in **Nonperforming Assets (NPAs)** to **$101.7 million** (1.42% of Total Assets) and **Nonperforming Loans (NPLs)** to **$99.1 million** (2.05% of Total Loans).  **[0000907471_2194049:10]**  This increase was primarily driven by the commercial finance and tax services portfolios.  **[0000907471_2194049:11]** 
- Pathward's Warehouse Finance business line reported a balance of **$645.2 million** in **Q4 2025**, representing **14%** of the loan portfolio, with a **9.38% Quarterly Yield** and no historical charge-offs or losses.  **[0000907471_2194049:7]** **[0000907471_2194049:7]** **[0000907471_2194049:7]** **[0000907471_2194049:7]** 
- The company has demonstrated a commitment to shareholder returns, with **$776.9 million** in total share repurchases and **$40.5 million** in total dividends paid from 2Q19 to 4Q25.  **[0000907471_2194049:6]**

Pathward Reports Strong Fiscal Year 2025 Financial Results and Q4 2025 Asset Quality Update

- Pathward Financial reported **fiscal year 2025 earnings per diluted share of $7.87**, a **9% year-over-year increase** that exceeded guidance, and **Q4 2025 diluted EPS of $1.69**, up **26%**.  **[0000907471_2194236_1]** **[0000907471_2194236_4]** 
- The company secured new partnerships with **Trustly**, **Stripe**, **Greenlight**, and **Upstart** to expand its financial services offerings and drive growth.  **[0000907471_2194236_1]** 
- For fiscal year 2026, Pathward is maintaining its **earnings per diluted share guidance of $8.25 to $8.75**, with assumptions including no rate cuts and an **18% to 22% effective tax rate**.  **[0000907471_2194236_3]** **[0000907471_2194236_5]** 
- Pathward repurchased approximately **181,000 shares** in Q4 2025 at an average price of **$82.95** and expects its share buyback ratio to return to the **80% to 90% payout range** in 2026.  **[0000907471_2194236_5]** **[0000907471_2194236_8]**

Pathward Financial Reports Strong Q4 and Full-Year 2025 Results, Issues 2026 EPS Guidance

- Pathward Financial reported **strong financial results** for fiscal year 2025, with **earnings per diluted share of $7.87**, representing **9% year-over-year growth** and exceeding the high end of its guidance range.  **[0000907471_2194216_1]** 
- The company reiterated its fiscal year 2026 guidance for **earnings per diluted share of $8.25 to $8.75**, despite anticipated downward pressure on pre-tax income and net interest margin from the sale of its held-for-investment consumer portfolio.  **[0000907471_2194216_3]** **[0000907471_2194216_5]** 
- Strategic developments in Q4 2025 included new agreements with **Trustly**, **Stripe**, and **Greenlight**, and a partnership with **Upstart** to offer personal loans.  **[0000907471_2194216_1]** 
- Pathward Financial repurchased approximately **181,000 shares** in Q4 2025 at an average price of **$82.95**, contributing to almost **2.1 million shares** repurchased for the full fiscal year.  **[0000907471_2194216_5]**  The company expects its buyback ratio to return to an **80% to 90% payout ratio** in 2026.  **[0000907471_2194216_8]**

Pathward Financial Reports Strong FY 2025 Results and Reaffirms FY 2026 Guidance

- Pathward Financial, Inc. reported **net income of $38.8 million**, or **$1.69 per share**, for the three months ended September 30, 2025, compared to **$33.5 million**, or **$1.34 per share**, for the same period in 2024.  **[907471_0000907471-25-000102_cash9302025earningsrelease.htm:0]** 
- For the fiscal year ended September 30, 2025, the company's net income was **$185.9 million**, or **$7.87 per share**, an increase from **$183.2 million**, or **$7.20 per share**, in fiscal year 2024.  **[907471_0000907471-25-000102_cash9302025earningsrelease.htm:0]** 
- Total revenue for the fiscal 2025 fourth quarter was **$186.7 million**, an increase of **4%** compared to the same quarter in fiscal 2024, primarily driven by a **13%** increase in noninterest income.  **[907471_0000907471-25-000102_cash9302025earningsrelease.htm:0]** 
- The Net Interest Margin (NIM) for the fiscal 2025 fourth quarter increased to **7.46%** from **7.32%** in the fiscal 2024 fourth quarter.  **[907471_0000907471-25-000102_cash9302025earningsrelease.htm:0]** 
- Total gross loans and leases at September 30, 2025, increased by **$589.7 million** to **$4.66 billion** compared to September 30, 2024, and the company repurchased **180,740 shares** of common stock at an average price of **$82.95** during the quarter.  **[907471_0000907471-25-000102_cash9302025earningsrelease.htm:0]**

Pathward Financial, Inc. Announces Q4 and Fiscal Year 2025 Results

- Pathward Financial, Inc. reported **net income of $38.8 million**, or **$1.69 per share**, for the three months ended September 30, 2025, and **$185.9 million**, or **$7.87 per share**, for the fiscal year ended September 30, 2025.  **[907471_7a69ad023ca142c79264794a6c3aaa92_0]** 
- **Total revenue** for the fiscal 2025 fourth quarter was **$186.7 million**, an increase of **4%** compared to the same quarter in fiscal 2024.  **[907471_7a69ad023ca142c79264794a6c3aaa92_1]** 
- The company's **Net Interest Margin (NIM)** increased to **7.46%** for the fiscal 2025 fourth quarter, up from 7.32% during the same period last year.  **[907471_7a69ad023ca142c79264794a6c3aaa92_1]** **[907471_7a69ad023ca142c79264794a6c3aaa92_2]** 
- During the fiscal 2025 fourth quarter, Pathward Financial repurchased **180,740 shares** of common stock at an average share price of **$82.95**.  **[907471_7a69ad023ca142c79264794a6c3aaa92_1]** 
- Pathward Financial completed the **sale of its Insurance Premium Finance business** and a transportation portfolio, and moved **$144.1 million of its held for investment consumer finance portfolio to held for sale** during the fiscal 2025 fourth quarter.  **[907471_7a69ad023ca142c79264794a6c3aaa92_0]** **[907471_7a69ad023ca142c79264794a6c3aaa92_1]** **[907471_7a69ad023ca142c79264794a6c3aaa92_5]**

PATHWARD FINANCIAL (CASH)