Pathward Financial Q3 profit falls on losses tied to larger loans
CASH•Analyst view
The current average analyst rating on the shares is buy, based on 2 strong buy or buy ratings, 1 hold, and no sell or strong sell ratings.
Wall Street's median 12-month price target for Pathward Financial Inc is $107.50, about 21.3% above its July 21 closing price of $88.60. The stock recently traded at 9 times the next 12-month earnings, versus a P/E of 10 three months ago.
Key quarterly figures and share repurchases
- Q3 tax services product revenue: $107.70 million
- Q3 EPS: $1.37
- Q3 net income: $29 million
- Q3 net interest income: $112.90 million
Pathward repurchased 303,632 shares during the quarter at an average price of . The company did not provide specific guidance for the current quarter or full year.
