Pathward: Overview of First Fiscal Quarter Earnings

Pathward Financial Announces First Quarter Results

Pathward Financial, Inc., headquartered in Sioux Falls, South Dakota, reported a net profit of $35.2 million for its fiscal first quarter, according to an announcement made on Thursday.

The company’s earnings translated to $1.57 per share for the quarter.

During this period, Pathward, N.A.'s parent company recorded total revenue of $175 million. After accounting for interest expenses, net revenue stood at $173.1 million, which did not meet analysts’ expectations.