Pathward Financial first-quarter net income rises to $35.2 million, or $1.57 a share
Pathward Financial reported net income of $35.2 million, or $1.57 per share, for the three months ended December 31, 2025, up from $30.0 million, or $1.23 per share, a year earlier. Net interest income and noninterest income both declined, while lower credit loss provisions helped lift profit, and nonperforming loans rose sharply from a year earlier.
Key points
- Net income of $35.2 million, or $1.57 per share, versus $30.0 million, or $1.23 per share, in the prior-year quarter
- Net interest income fell 5% to $119.3 million; net interest margin was 6.95% versus 7.38% a year earlier
- Provision for credit losses was $3.2 million versus $18.7 million; nonperforming loans rose to $109.1 million from $35.2 million
- Repurchased 651,804 shares at an average price of $72.07; 4,286,012 shares remained available under the program as of December 31, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 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 January 22, 2026.
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.