Recent Updates — CASH

On September 14, 2026, Anthony Sharett resigned as President of Pathward Financial, Inc. and its subsidiary Pathward, N.A., effective October 23, 2026, to pursue other opportunities. The company plans to reorganize the President's responsibilities among existing executive team members while implementing its succession plan. Sharett previously served as chief legal and compliance officer, general counsel, and corporate secretary. This is a material executive departure that may impact near-term leadership stability. Pathward Financial operates in the financial services industry, providing banking and payment processing solutions.

Pathward Financial, Inc. announced the declaration of a cash dividend for the fourth quarter of fiscal year 2026 on August 20, 2026. The company will pay $0.05 per share to shareholders of record as of September 10, 2026, with payment scheduled for October 1, 2026. At June 30, 2026, the firm reported total assets of $7.31 billion and shareholders’ equity of $851.1 million. Pathward Financial is a U.S.-based financial holding company that provides payments sponsorship and lending services through its subsidiary to support individuals and businesses.

Pathward Financial reported fiscal third quarter 2026 net income of $29.0 million, or $1.37 per diluted share, compared to $42.1 million, or $1.81 per diluted share, for the same period in 2025. The decline was driven by a $28.3 million provision for credit losses, primarily due to specific reserves on two commercial finance loans. Nonperforming assets increased to $277.5 million (3.79% of total assets) from $119.8 million (1.68%) in the prior quarter, largely due to renewable energy construction projects. The company repurchased 303,632 shares at an average price of $92.18. Fiscal 2026 EPS guidance is $7.80 to $8.20, and initial 2027 guidance is $9.50 to $10.00. The company is a financial holding company that provides banking, payments, and lending solutions through its subsidiary, Pathward, N.A.