Pathward Q3 EPS rises to $1.81 as net income dips to $42.1 million; restatement planned
Pathward Financial reported preliminary fiscal third-quarter results with net income of $42.1 million, or $1.81 per share, versus $44.9 million, or $1.78 per share, a year earlier. The company also plans to restate its 10-K for fiscal 2024 and its 10-Q for the quarter ended December 31, 2024, and says its actual results may differ materially from the preliminary figures.
Key points
- Total revenue rose 4% to $195.8 million, driven by higher noninterest income.
- Net income fell from $44.9 million to $42.1 million, while EPS rose from $1.78 to $1.81.
- Restatements relate to gross vs. net basis presentation and derivative accounting for certain third-party lending and servicing relationships in Credit Solutions.
- Nonperforming loans and leases were $71.3 million at June 30, 2025, or 1.49% of total gross loans and leases.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.