Pathward Financial (NASDAQ:CASH – Get Free Report) posted its quarterly earnings data on Wednesday. The savings and loans company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.11, Briefing.com reports. The firm had revenue of $176.73 million during the quarter, compared to analysts’ expectations of $176.63 million. Pathward Financial had a net margin of 22.10% and a return on equity of 24.08%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $1.76 EPS.
Pathward Financial Stock Up 0.4 %
Pathward Financial stock traded up $0.25 during mid-day trading on Friday, reaching $68.46. 78,314 shares of the company’s stock were exchanged, compared to its average volume of 181,553. The company has a market cap of $1.73 billion, a P/E ratio of 10.24 and a beta of 0.68. Pathward Financial has a twelve month low of $41.79 and a twelve month high of $69.63. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average of $56.78 and a 200-day moving average of $52.96.
Pathward Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. Pathward Financial’s dividend payout ratio (DPR) is presently 3.00%.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Pathward Financial
Insiders Place Their Bets
In other Pathward Financial news, Director Kendall E. Stork sold 2,000 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $53.53, for a total transaction of $107,060.00. Following the sale, the director now directly owns 11,213 shares in the company, valued at approximately $600,231.89. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.72% of the stock is owned by company insiders.
About Pathward Financial
Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.
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