Pathward Financial, Inc. Announces Quarterly Dividend of $0.05 (NASDAQ:CASH)

Pathward Financial, Inc. (NASDAQ:CASH) declared a quarterly dividend on Thursday, August 20th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.05 per share by the savings and loans company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, September 10th.

Pathward Financial has a payout ratio of 2.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Pathward Financial to earn $9.63 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.1%.

Pathward Financial Trading Up 0.3%

Shares of NASDAQ:CASH traded up $0.26 on Thursday, reaching $83.97. 217,769 shares of the company traded hands, compared to its average volume of 234,190. The stock has a market capitalization of $1.74 billion, a P/E ratio of 10.52 and a beta of 0.61. The business’s 50-day simple moving average is $87.14 and its 200 day simple moving average is $88.36. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. Pathward Financial has a 52 week low of $65.87 and a 52 week high of $101.26.

Pathward Financial (NASDAQ:CASH) last released its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). The company had revenue of $189.64 million during the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. As a group, equities analysts anticipate that Pathward Financial will post 7.93 EPS for the current fiscal year.

Pathward Financial Company Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.