Pathward Financial Full Year 2024 Earnings: EPS Beats Expectations

Simply Wall St · 10/25 11:59

Pathward Financial (NASDAQ:CASH) Full Year 2024 Results

Key Financial Results

  • Revenue: US$712.0m (up 11% from FY 2023).
  • Net income: US$166.8m (up 3.5% from FY 2023).
  • Profit margin: 23% (down from 25% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: US$6.63 (up from US$6.01 in FY 2023).
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NasdaqGS:CASH Earnings and Revenue Growth October 25th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pathward Financial EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are down 6.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Pathward Financial you should know about.