
CASH Stock Forecast & Price Target
CASH Analyst Ratings
Bulls say
Pathward Financial Inc.'s performance reflects a robust financial structure, highlighted by a nearly 6% increase in total revenues while expenses rose by less than 1% year-over-year, demonstrating scalability in its tax business. The company's provisioning saw an increase in the allowance to 1.76%, up by 69 basis points, indicating a proactive approach to managing risk, particularly during tax season, while remaining within normal volatility levels. Additionally, management expressed confidence in the growth of the commercial finance segment, supported by enhanced liquidity from the sale of the transportation book and cash flows from the securities portfolio, which together free up approximately $400 million for further investment.
Bears say
Pathward Financial has experienced a 2% quarter-over-quarter contraction in end-of-period loan balances, resulting from the sale of its transportation portfolio, which raises concerns about the sustainability of its loan growth. Additionally, deposit balances have declined by 9% year-over-year, primarily due to the reduction in government Economic Impact Payment (EIP) stimulus dollars, highlighting a weakening in liquidity and customer deposits. Furthermore, while the company saw some strength in tax-related fees, overall total fees fell short of expectations, indicating potential weaknesses in revenue consistency and growth outlook.
This aggregate rating is based on analysts' research of Meta Financial Group and is not a guaranteed prediction by Public.com or investment advice.
CASH Analyst Forecast & Price Prediction
Start investing in CASH
Order type
Buy in
Order amount
Est. shares
0 shares