Pathward Financial Q2 net income falls to $72.9 million, EPS rises to $3.35
Pathward Financial reported fiscal second-quarter 2026 results for the three months ended March 31, 2026. Net income was $72.9 million, or $3.35 per share, compared with $75.0 million, or $3.14 per share, a year earlier. Noninterest income rose 9%, while net interest income fell 8% and the provision for credit losses increased, so shareholders get a mixed picture of lower net income alongside higher per-share earnings.
Key points
- Net income of $72.9 million, or $3.35 per share, for the three months ended March 31, 2026, versus $75.0 million, or $3.14 per share, a year earlier
- Noninterest income rose 9% to $151.2 million, while net interest income fell 8% to $125.1 million
- Provision for credit losses was $45.6 million versus $35.3 million a year earlier; nonperforming assets were $119.8 million, or 1.68% of total assets, versus $41.6 million a year earlier
- Repurchased 855,201 shares at an average price of $84.15; 3,430,811 shares remained available under the current program as of March 31, 2026
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing 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 April 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.