| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 173.10 | 5.2% |
| Total Income | 173.10 | 5.2% |
| Expenditure | 130.74 | 10.9% |
| PBT | 42.66 | 17.9% |
| Net Profit | 35.17 | 17.4% |
| OPM | — | |
| NPM | 20.32% | 3.91pp |
| EPS | 1.57 | 27.6% |
Pathward Financial Reports Q1 FY2026 Results: Net Income Up 17%
04 May 2026 · 4 May, 1:47 am
Summary
Pathward Financial, Inc. reported a strong first quarter for fiscal year 2026, with net income attributable to the parent increasing by 17% to $35.2 million. Diluted earnings per share also saw a significant rise, increasing by 28% to $1.57. The company's total loans and leases grew by 9% to $4,982.9 million, driven by commercial finance, warehouse finance, and seasonal tax services portfolios. Loan and lease originations for the quarter reached $1.89 billion, compared to $1.38 billion in the prior year quarter.
Key Highlights
- 1
Net income attributable to the parent company increased by 17% to $35.2 million in Q1 2026.
- 2
Diluted earnings per share rose by 28% to $1.57 in Q1 2026.
- 3
Total loans and leases increased by 9% to $4,982.9 million compared to Q1 2025.
- 4
Loans and leases originations totaled $1.89 billion during the quarter, compared to $1.38 billion in the prior year quarter.
- 5
The company managed $1.0 billion in custodial deposits as of December 31, 2025, earning $3.4 million in recordkeeping servicing fee income during the fiscal first quarter.
- 6
Noninterest income accounted for 31% of the year-to-date total revenue.
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