
• Reported GAAP EPS of $3.37 up 6.65% YoY • Reported revenue of $276.3M up 0.55% YoY
Bullish
Pathward Financial, Inc. achieved 9% noninterest income growth and a 13% increase in tax services product revenue. The company also saw new loan originations rise and managed noninterest expenses effectively.
Bearish
Pathward Financial, Inc. experienced an 8% decrease in net interest income and a decline in net interest margin to 6.63%. The company also saw increased nonperforming assets and a higher provision for credit losses.