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CASH Stock Analysis - PATHWARD FINANCIAL, INC. AI Rating

CASH Nasdaq National Commercial Banks DE CIK: 0000907471
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
AI Rating
BUY
72% Confidence

📊 CASH Key Takeaways

Revenue: $173.1M
Net Margin: 20.3%
Free Cash Flow: $104.1M
Current Ratio: N/A
Debt/Equity: 0.04x
EPS: $1.57
AI Rating: BUY with 72% confidence

Investment Thesis

Pathward Financial demonstrates strong revenue growth of 60.5% YoY with excellent cash generation (104.1M FCF, 60.1% FCF margin) and solid profitability metrics (20.3% net margin, 24.6% operating margin). The company maintains a conservative capital structure (0.04x debt/equity) with substantial liquidity (331.2M cash), though returns on equity and assets remain modest at 4.1% and 0.5% respectively.

CASH Strengths

  • + Exceptional revenue growth of 60.5% YoY indicating strong business momentum
  • + Robust free cash flow generation of 104.1M with 60.1% FCF margin demonstrating operational efficiency
  • + Conservative leverage with 0.04x debt/equity ratio and only 33.5M long-term debt
  • + Strong operating margin of 24.6% and net margin of 20.3% showing pricing power and cost control
  • + Substantial cash position of 331.2M providing financial flexibility

CASH Risks

  • ! Low return on equity (4.1%) and return on assets (0.5%) suggests capital is not being deployed efficiently
  • ! Modest net income growth of only 0.4% YoY despite 60.5% revenue growth indicates margin compression or one-time items
  • ! Interest coverage ratio of 3.0x is adequate but not exceptional, leaving limited cushion for stress
  • ! 11 Form 4 insider filings warrant monitoring for potential concerns or strategic positioning
  • ! As a bank with primarily loan portfolio assets, cyclical economic downturns could significantly impact asset quality

Key Metrics to Watch

CASH Financial Metrics

Revenue
$173.1M
Net Income
$35.2M
EPS (Diluted)
$1.57
Free Cash Flow
$104.1M
Total Assets
$7.6B
Cash Position
$331.2M

💡 AI Analyst Insight

The 60.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

CASH Profitability Ratios

Gross Margin N/A
Operating Margin 24.6%
Net Margin 20.3%
ROE 4.1%
ROA 0.5%
FCF Margin 60.1%

CASH vs Finance Sector

How PATHWARD FINANCIAL, INC. compares to Finance sector averages

Net Margin
CASH 20.3%
vs
Sector Avg 25.0%
CASH Sector
ROE
CASH 4.1%
vs
Sector Avg 12.0%
CASH Sector
Current Ratio
CASH 0.0x
vs
Sector Avg 1.2x
CASH Sector
Debt/Equity
CASH 0.0x
vs
Sector Avg 2.0x
CASH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CASH Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.04x
Debt/Assets
88.7%
Interest Coverage
2.98x
Long-term Debt
$33.5M

CASH 5-Year Financial Trend

CASH 5-year financial data: Year 2021: Revenue $549.9M, Net Income $15.4M, EPS $0.39. Year 2022: Revenue $601.1M, Net Income $21.1M, EPS $0.56. Year 2023: Revenue $704.5M, Net Income $28.0M, EPS $0.84. Year 2024: Revenue $754.7M, Net Income $61.3M, EPS $2.00. Year 2025: Revenue $839.9M, Net Income $27.8M, EPS $0.98.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: PATHWARD FINANCIAL, INC.'s revenue has grown significantly by 53% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.98 reflects profitable operations.

CASH Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
60.1%
Free cash flow / Revenue

CASH Quarterly Performance

Quarterly financial performance data for PATHWARD FINANCIAL, INC. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $173.1M $30.0M $1.23
Q3 2025 $188.6M $42.1M $1.78
Q2 2025 $257.6M $69.9M $2.74
Q1 2025 $162.8M $27.7M $1.06
Q3 2024 $165.2M $41.8M $1.66
Q2 2024 $228.4M $54.8M $1.99
Q1 2024 $149.8M $27.7M $0.98
Q3 2023 $126.1M $22.4M $0.76

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CASH Capital Allocation

Operating Cash Flow
$108.3M
Cash generated from operations
Capital Expenditures
$4.2M
Investment in assets
Dividends Paid
$1.1M
Returned to shareholders

CASH SEC Filings

Access official SEC EDGAR filings for PATHWARD FINANCIAL, INC. (CIK: 0000907471)

📋 Recent SEC Filings

Date Form Document Action
Feb 26, 2026 8-K cash-20260226.htm View →
Feb 25, 2026 4 xslF345X05/wk-form4_1772054129.xml View →
Feb 25, 2026 8-K cash-20260224.htm View →
Feb 25, 2026 4 xslF345X05/wk-form4_1772054095.xml View →
Feb 25, 2026 4 xslF345X05/wk-form4_1772054088.xml View →

Frequently Asked Questions about CASH

What is the AI rating for CASH?

PATHWARD FINANCIAL, INC. (CASH) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CASH's key strengths?

Exceptional revenue growth of 60.5% YoY indicating strong business momentum. Robust free cash flow generation of 104.1M with 60.1% FCF margin demonstrating operational efficiency.

What are the risks of investing in CASH?

Low return on equity (4.1%) and return on assets (0.5%) suggests capital is not being deployed efficiently. Modest net income growth of only 0.4% YoY despite 60.5% revenue growth indicates margin compression or one-time items.

What is CASH's revenue and growth?

PATHWARD FINANCIAL, INC. reported revenue of $173.1M.

Does CASH pay dividends?

PATHWARD FINANCIAL, INC. pays dividends, with $1.1M distributed to shareholders in the trailing twelve months.

Where can I find CASH SEC filings?

Official SEC filings for PATHWARD FINANCIAL, INC. (CIK: 0000907471) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CASH's EPS?

PATHWARD FINANCIAL, INC. has a diluted EPS of $1.57.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI