PATHWARD FINANCIAL, INC.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), PATHWARD FINANCIAL, INC. reported net income of $185.9M (+10.4% year on year).
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Loans and leases, including fees | $455.8M | $395.9M | $323.6M | $268.1M |
| Mortgage-backed securities | $34.1M | $39.4M | $41.2M | $26.8M |
| Other investments | $33.5M | $41.1M | $33.9M | $17.3M |
| Total interest and dividend income | $523.4M | $476.4M | $398.7M | $312.2M |
| Deposits | $5.4M | $13.0M | $4.4M | $500.0K |
| FHLB advances and other borrowings | $6.2M | $8.2M | $6.5M | $4.4M |
| Total interest expense | $11.6M | $21.2M | $10.9M | $4.9M |
| Net interest income | $511.8M | $455.1M | $387.9M | $307.3M |
| Provision for credit loss | $56.8M | $42.7M | $57.4M | — |
| Net interest income after provision for credit loss | $455.0M | $412.5M | $330.5M | $278.8M |
| Noninterest income: | $269.3M | $263.8M | $281.8M | $232.7M |
| (Loss) on sale of securities | ($25.1M) | — | $91.0K | — |
| Gain on divestitures | $15.0M | — | — | $0 |
| Gain on sale of trademarks | $0 | $0 | $10.0M | $50.0M |
| Secondary market revenue | $37.0M | — | — | — |
| Gain on sale of other | $5.2M | $12.7M | $2.6M | ($4.9M) |
| Other income | $26.6M | $23.2M | $22.1M | $17.4M |
| Total noninterest income | $328.1M | $299.6M | $316.6M | $293.8M |
| Compensation and benefits | $200.5M | $201.5M | $184.3M | $171.1M |
| Refund transfer product expense | $11.5M | $9.9M | $9.7M | $8.9M |
| Refund advance expense | $1.2M | $1.9M | $1.9M | $2.2M |
| Card processing | $138.4M | $137.9M | $105.5M | $38.8M |
| Building and software | $42.1M | $36.6M | $34.7M | $34.9M |
| Operating lease equipment depreciation | $45.6M | $41.8M | $45.7M | $35.6M |
| Legal and consulting | $36.5M | $24.9M | $27.1M | $40.6M |
| Intangible amortization | $3.5M | $4.1M | $5.0M | $6.6M |
| Impairment expense | $5.9M | $3.0M | $3.3M | $670.0K |
| Other expense | $74.8M | $51.7M | $47.8M | $45.9M |
| Total noninterest expense | $560.1M | $513.3M | $465.0M | $385.3M |
| Income before income tax expense | $223.1M | $198.8M | $182.1M | $187.3M |
| Income tax expense | $36.3M | $29.1M | $16.3M | $28.0M |
| Net income before noncontrolling interest | $186.8M | $169.7M | $165.8M | $159.4M |
| Net income attributable to noncontrolling interest | $915.0K | $1.3M | $2.2M | $3.0M |
| Net income attributable to parent | $185.9M | $168.4M | $163.6M | $156.4M |
| Basic (in dollars per share) | $7.91 | $6.63 | $6.01 | $5.26 |
| Diluted (in dollars per share) | $7.87 | $6.62 | $5.99 | $5.26 |
| Line item | Jun 30, 2026 · Q3 | Mar 31, 2026 · Q2 | Dec 31, 2025 · Q1 | Jun 30, 2025 · Q3 |
|---|---|---|---|---|
| Loans and leases, including fees | $101.3M | $114.8M | $107.8M | $108.8M |
| Mortgage-backed securities | $7.4M | $7.6M | $7.8M | $8.3M |
| Other investments | $5.3M | $8.5M | $5.6M | $6.5M |
| Total interest and dividend income | $114.0M | $130.9M | $121.2M | $123.6M |
| Deposits | $140.0K | $4.3M | $206.0K | $287.0K |
| FHLB advances and other borrowings | $980.0K | $1.5M | $1.7M | $992.0K |
| Total interest expense | $1.1M | $5.8M | $1.9M | $1.3M |
| Net interest income | $112.9M | $125.1M | $119.3M | $122.3M |
| Provision for credit loss | $28.3M | $45.6M | $3.2M | $9.3M |
| Net interest income after provision for credit loss | $84.6M | $79.5M | $116.1M | $113.0M |
| Noninterest income: | $56.1M | $140.8M | $42.2M | $60.4M |
| (Loss) on sale of securities | $0 | $0 | $0 | $0 |
| Gain on divestitures | $0 | $0 | $0 | $0 |
| Secondary market revenue | $14.0M | $3.6M | $4.2M | $7.1M |
| Gain (loss) on sale of other | ($51.0K) | $883.0K | $488.0K | $394.0K |
| Other income | $6.7M | $5.9M | $6.9M | $5.5M |
| Total noninterest income | $76.7M | $151.2M | $53.8M | $73.4M |
| Compensation and benefits | $52.4M | $55.4M | $51.9M | $48.6M |
| Refund transfer product expense | $2.8M | $9.1M | $73.0K | $2.8M |
| Refund advance expense | $90.0K | $1.4M | $72.0K | ($74.0K) |
| Card processing | $30.7M | $33.5M | $30.4M | $36.2M |
| Building and software | $13.1M | $12.2M | $12.6M | $10.6M |
| Operating lease equipment depreciation | $7.5M | $9.1M | $10.0M | $11.6M |
| Legal and consulting | $6.1M | $5.3M | $5.6M | $11.1M |
| Intangible amortization | $718.0K | $971.0K | $718.0K | $798.0K |
| Impairment expense | $177.0K | $0 | — | $1.1M |
| Other expense | $15.6M | $16.4M | $15.9M | $16.7M |
| Total noninterest expense | $129.1M | $143.5M | $127.2M | $139.3M |
| Income before income tax expense | $32.2M | $87.2M | $42.7M | $47.2M |
| Income tax expense | $3.1M | $14.2M | $7.2M | $4.8M |
| Net income before noncontrolling interest | $29.2M | $73.1M | $35.5M | $42.4M |
| Net income attributable to noncontrolling interest | $183.0K | $151.0K | $299.0K | $213.0K |
| Net income attributable to parent | $29.0M | $72.9M | $35.2M | $42.1M |
| Basic (in dollars per share) | $1.37 | $3.37 | $1.57 | $1.83 |
| Diluted (in dollars per share) | $1.37 | $3.35 | $1.57 | $1.81 |
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $120.6M | $158.3M | $375.6M | $388.0M |
| Securities available for sale, at fair value | $1.3B | $1.7B | $1.8B | $1.9B |
| Securities held to maturity, at amortized cost (fair value $25,653 and $30,236, respectively) | $29.3M | $33.1M | $36.6M | $41.7M |
| Federal Reserve Bank and Federal Home Loan Bank Stock, at cost | $24.7M | $36.0M | $28.2M | $28.8M |
| Loans held for sale | $179.4M | $688.9M | $77.8M | $21.1M |
| Loans and leases | $4.7B | $4.1B | $4.4B | $3.5B |
| Allowance for credit losses | ($53.3M) | ($45.3M) | ($49.7M) | ($45.9M) |
| Accrued interest receivable | $38.5M | $31.4M | $23.3M | $18.0M |
| Premises, furniture, and equipment, net | $40.6M | $39.1M | $39.2M | $41.7M |
| Rental equipment, net | $159.4M | $205.3M | $211.8M | $204.4M |
| Goodwill and intangible assets | $310.4M | $326.1M | $330.2M | $335.2M |
| Other assets | $329.9M | $260.1M | $292.3M | $295.3M |
| Total assets | $7.2B | $7.5B | $7.5B | $6.7B |
| Deposits | $5.9B | $5.9B | $6.6B | $5.9B |
| Short-term borrowings | $9.0M | $377.0M | $13.0M | — |
| Long-term borrowings | $33.5M | $33.4M | $33.9M | $36.0M |
| Accrued expenses and other liabilities | $385.5M | $424.3M | $248.9M | $200.2M |
| Total liabilities | $6.3B | $6.7B | $6.9B | $6.1B |
| Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at September 30, 2025 and 2024, respectively | 0 | 0 | 0 | 0 |
| Common stock | $228.0K | $248.0K | $262.0K | $288.0K |
| Additional paid-in capital | $648.3M | $638.8M | $628.5M | $617.4M |
| Retained earnings | $359.8M | $354.5M | $278.7M | $245.4M |
| Accumulated other comprehensive loss | ($145.5M) | ($153.4M) | ($255.4M) | ($213.1M) |
| Treasury stock, at cost, 70,215 and 3,769 common shares at September 30, 2025 and 2024, respectively | -4.9M | -249.0K | -344.0K | -4.8M |
| Total equity attributable to parent | $858.0M | $839.9M | $651.6M | $645.2M |
| Noncontrolling interest | ($591.0K) | ($277.0K) | ($1.0M) | ($30.0K) |
| Total stockholders’ equity | $857.5M | $839.6M | $650.6M | $645.1M |
| Total liabilities and stockholders’ equity | $7.2B | $7.5B | $7.5B | $6.7B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $149.4M | $157.6M | $331.2M | $258.3M |
| Securities available for sale, at fair value | $1.2B | $1.3B | $1.3B | $1.4B |
| Securities held to maturity, at amortized cost (fair value $23,273 and $25,653, respectively) | $27.1M | $28.1M | $28.7M | $30.3M |
| Federal Reserve Bank and Federal Home Loan Bank Stock, at cost | $30.9M | $25.5M | $24.3M | $29.5M |
| Loans held for sale | $97.3M | $53.1M | $88.0M | $49.8M |
| Loans and leases | $5.1B | $4.9B | $5.0B | $4.7B |
| Allowance for credit losses | ($109.8M) | ($98.3M) | ($58.8M) | ($106.0M) |
| Accrued interest receivable | $37.0M | $36.1M | $36.2M | $40.0M |
| Premises, furniture, and equipment, net | $43.3M | $42.3M | $42.4M | $39.8M |
| Rental equipment, net | $152.5M | $146.2M | $154.5M | $181.4M |
| Goodwill and intangible assets | $308.0M | $308.7M | $309.7M | $311.2M |
| Other assets | $251.2M | $274.6M | $311.2M | $285.0M |
| Total assets | $7.3B | $7.1B | $7.6B | $7.2B |
| Deposits | $6.0B | $5.9B | $6.4B | $6.0B |
| Short-term borrowings | $167.5M | $26.0M | $0 | $115.0M |
| Long-term borrowings | $33.5M | $33.5M | $33.5M | $33.4M |
| Accrued expenses and other liabilities | $311.9M | $350.5M | $322.6M | $258.0M |
| Total liabilities | $6.5B | $6.3B | $6.7B | $6.4B |
| Preferred stock, 3,000,000 shares authorized, no shares issued, none outstanding at June 30, 2026 and September 30, 2025, respectively | 0 | 0 | 0 | 0 |
| Common stock | $210.0K | $213.0K | $222.0K | $230.0K |
| Additional paid-in capital | $657.7M | $655.1M | $651.2M | $646.0M |
| Retained earnings | $339.3M | $340.7M | $346.5M | $337.3M |
| Accumulated other comprehensive loss | ($142.7M) | ($141.1M) | ($135.0M) | ($159.7M) |
| Treasury stock, at cost, 51,068 and 70,215 common shares at June 30, 2026 and September 30, 2025, respectively | -3.5M | -3.5M | -8.4M | -4.9M |
| Total equity attributable to parent | $850.9M | $851.5M | $854.5M | $819.0M |
| Noncontrolling interest | $245.0K | ($785.0K) | ($823.0K) | ($856.0K) |
| Total stockholders’ equity | $851.1M | $850.7M | $853.7M | $818.1M |
| Total liabilities and stockholders’ equity | $7.3B | $7.1B | $7.6B | $7.2B |
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Net income before noncontrolling interest | $186.8M | $169.7M | $165.8M | $159.4M |
| Depreciation and amortization | $59.7M | $57.8M | $65.0M | $61.6M |
| Provision for credit loss | $56.8M | $42.7M | $57.4M | — |
| Provision for (reversal of) deferred taxes | $16.8M | $11.1M | ($175.0K) | $17.6M |
| Originations of loans held for sale | ($2.5B) | ($2.0B) | ($1.2B) | ($985.3M) |
| Proceeds from sales of loans held for sale | $2.8B | $2.0B | $1.1B | $1.1B |
| Net change in loans held for sale | $3.6M | $18.1M | $25.9M | $12.8M |
| Net realized (gain) on loans held for sale | ($37.0M) | ($5.9M) | ($268.0K) | $3.7M |
| Net realized loss (gain) on securities available for sale | $25.1M | $0 | $0 | ($154.0K) |
| Net realized (gain) on divestitures | ($15.0M) | — | — | $0 |
| Net realized loss on premise, furniture, and equipment | $0 | $0 | $65.0K | $55.0K |
| Net realized (gain) on trademarks | $0 | $0 | ($10.0M) | ($50.0M) |
| Net realized (gain) on other | ($5.2M) | ($6.7M) | ($91.0K) | $1.4M |
| Change in bank-owned life insurance value | ($2.9M) | ($2.8M) | ($1.5M) | ($2.4M) |
| Impairment on rental equipment | $2.9M | $2.0M | $24.0K | $0 |
| Net change in accrued interest receivable | ($7.1M) | ($8.1M) | ($5.3M) | ($1.7M) |
| Net change in other assets | ($79.6M) | ($11.7M) | $17.1M | ($32.9M) |
| Net change in accrued expenses and other liabilities | ($33.6M) | $176.1M | $48.7M | ($10.6M) |
| Stock compensation | $9.5M | $10.3M | $11.1M | $10.0M |
| Net cash provided by operating activities | $450.6M | $453.5M | $303.1M | $268.8M |
| Purchases of securities available for sale | ($2.3M) | ($3.5M) | ($156.9M) | ($907.4M) |
| Proceeds from sales of securities available for sale | $239.3M | $0 | $0 | $266.0M |
| Proceeds from maturities of and principal collected on securities available for sale | $163.8M | $201.7M | $177.3M | $324.2M |
| Proceeds from maturities of and principal collected on securities held to maturity | $3.6M | $3.3M | $4.8M | $14.3M |
| Purchases of Federal Reserve Bank and Federal Home Loan Bank stock | ($291.9M) | ($406.4M) | ($330.1M) | ($173.7M) |
| Redemption of Federal Reserve Bank and Federal Home Loan Bank stock | $303.2M | $398.6M | $330.7M | $173.2M |
| Purchases of loans and leases | ($226.2M) | ($298.3M) | ($215.3M) | ($115.4M) |
| Net change in loans and leases | ($733.0M) | $137.5M | ($307.5M) | $358.6M |
| Purchases of premises, furniture, and equipment | ($11.7M) | ($10.1M) | ($8.6M) | ($8.2M) |
| Purchases of rental equipment | ($202.3M) | ($266.6M) | ($441.0M) | ($424.9M) |
| Proceeds from sales of rental equipment | $27.6M | $9.0M | $15.0M | $9.4M |
| Net change in rental equipment | $741.0K | $565.0K | ($236.0K) | ($5.8M) |
| Proceeds from sales of foreclosed real estate and repossessed assets | $0 | $0 | $1.0K | $1.8M |
| Proceeds from death benefit of bank-owned life insurance | $0 | $0 | $1.0M | — |
| Proceeds from divestitures, net of transaction costs | $608.5M | — | — | $0 |
| Proceeds from sale of trademarks | $0 | $0 | $10.0M | $50.0M |
| Proceeds from sale of other assets | $471.0K | $6.5M | $0 | $3.5M |
| Proceeds from loans held for sale previously classified as portfolio loans | $146.2M | — | — | — |
| Net cash provided by (used in) investing activities | $25.8M | ($227.7M) | ($920.8M) | ($310.9M) |
| Net change in deposits | $23.9M | ($714.1M) | $723.1M | $351.1M |
| Net change in short-term borrowings | ($368.0M) | $364.0M | $13.0M | $0 |
| Principal payments on other liabilities | $0 | ($621.0K) | ($1.7M) | ($2.8M) |
| Payment of debt issuance costs | $0 | $0 | ($511.0K) | — |
| Dividends paid on common stock | ($4.7M) | ($5.1M) | ($5.4M) | ($5.9M) |
| Issuance of common stock due to restricted stock | $0 | $3.0K | $1.0K | $1.0K |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · YTD | Dec 31, 2025 · Q1 | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income before noncontrolling interest | $137.7M | $108.5M | $35.5M | $147.7M |
| Depreciation and amortization | $36.9M | $26.1M | $13.4M | $45.4M |
| Provision for credit loss | $77.2M | $48.8M | $3.2M | $63.2M |
| Provision for deferred taxes | $5.1M | $4.3M | $1.5M | $16.3M |
| Originations of loans held for sale | ($2.7B) | ($1.8B) | ($1.0B) | ($1.9B) |
| Proceeds from sales of loans held for sale | $2.9B | $2.0B | $1.2B | $2.0B |
| Net change in loans held for sale | $27.7M | $18.6M | ($3.0M) | ($1.8M) |
| Net realized (gain) on loans held for sale | ($21.7M) | ($7.7M) | ($4.2M) | ($26.9M) |
| Net realized loss on securities available for sale | $0 | $0 | $0 | $22.9M |
| Net realized (gain) on divestitures | $0 | $0 | $0 | ($15.0M) |
| Net realized (gain) on other | ($1.3M) | ($1.4M) | ($488.0K) | ($2.0M) |
| Impairment on rental equipment | $0 | $0 | — | $2.6M |
| Net change in accrued interest receivable | $1.6M | $2.4M | $2.3M | ($8.6M) |
| Net change in other assets | $29.4M | $6.2M | ($17.3M) | ($29.2M) |
| Net change in accrued expenses and other liabilities | ($72.7M) | ($35.0M) | ($62.9M) | ($163.6M) |
| Stock compensation | $9.3M | $6.8M | $2.9M | $7.2M |
| Net cash provided by operating activities | $393.2M | $341.3M | $108.3M | $147.0M |
| Purchases of securities available for sale | $0 | $0 | $0 | ($2.3M) |
| Proceeds from sales of securities available for sale | $0 | $0 | $0 | $217.9M |
| Proceeds from maturities of and principal collected on securities available for sale | $114.2M | $62.6M | $30.6M | $127.3M |
| Proceeds from maturities of and principal collected on securities held to maturity | $2.1M | $1.2M | $610.0K | $2.7M |
| Purchases of Federal Reserve Bank and Federal Home Loan Bank stock | ($199.9M) | ($135.4M) | ($90.2M) | ($210.2M) |
| Redemption of Federal Reserve Bank and Federal Home Loan Bank stock | $193.7M | $134.6M | $90.6M | $216.7M |
| Purchases of loans and leases | ($119.6M) | ($53.3M) | ($32.9M) | ($193.8M) |
| Net change in loans and leases | ($349.7M) | ($127.6M) | ($284.1M) | ($587.6M) |
| Purchases of premises, furniture, and equipment | ($9.9M) | ($6.5M) | ($4.2M) | ($8.3M) |
| Purchases of rental equipment | ($115.1M) | ($86.4M) | ($45.4M) | ($113.0M) |
| Proceeds from sales of rental equipment | $9.8M | $6.4M | $2.4M | $20.7M |
| Net change in rental equipment | $229.0K | $175.0K | $11.0K | $389.0K |
| Proceeds from surrender of bank-owned life insurance | $45.0M | $45.0M | $32.2M | — |
| Proceeds from divestitures, net of transaction costs | $0 | $0 | $0 | $608.5M |
| Proceeds from sale of other assets | $0 | $0 | $0 | $408.0K |
| Proceeds from loans held for sale previously classified as portfolio loans | $0 | $0 | — | $146.2M |
| Net cash provided by (used in) investing activities | ($429.2M) | ($159.2M) | ($300.4M) | $225.5M |
| Net change in deposits | $63.4M | ($35.3M) | $463.4M | $142.2M |
| Net change in short-term borrowings | $158.5M | $17.0M | ($9.0M) | ($262.0M) |
| Dividends paid on common stock | ($3.3M) | ($2.2M) | ($1.1M) | ($3.5M) |
| Issuance of common stock due to restricted stock | $1.0K | $1.0K | $1.0K | $0 |
| Repurchases of common stock | ($151.9M) | ($123.6M) | ($50.9M) | ($147.9M) |
| Investment by (distributions to) noncontrolling interest | $203.0K | ($644.0K) | ($531.0K) | ($1.2M) |
| Net cash provided by (used in) financing activities | $66.9M | ($144.7M) | $401.9M | ($272.4M) |
| Effect of exchange rate changes on cash | ($2.0M) | ($353.0K) | $792.0K | $30.0K |
| Net change in cash and cash equivalents | $28.8M | $37.0M | $210.6M | $100.0M |
| Cash and cash equivalents at beginning of fiscal year | $120.6M | $120.6M | $120.6M | $158.3M |
| Cash and cash equivalents at end of fiscal period | $149.4M | $157.6M | $331.2M | $258.3M |
PATHWARD FINANCIAL, INC. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.