PATHWARD FINANCIAL, INC.
CASH · National Commercial Banks · 21.1M shares · -8%/yr ↓ buyback · EDGAR filings ↗
Reference price $82.29 · est. market cap ~$1.7B — last insider sale, 2026-05-29 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80Pathward Financial — high-return banking-as-a-service and tax-services bank.
Strengths
- ROE 21.7% (99th pct), ROA (100th), net income up sharply (97th)
- Low-cost BaaS deposit funding
Risks
- Partner/program and compliance (BaaS) risk
- Seasonal tax-product concentration
Notable findings
- Material weakness• We have identified a material weakness in our internal control over financial reporting, and our management has concluded that our disclosure controls and procedures were not effective as of Septemb
- Strong balance sheetStrong balance sheet — $121M cash & investments
- Buying back stockNet buyback — share count -8%/yr over 4y
- Insider sellingInsider selling — 5 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$3M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
22.1%
Return on equity
21.7%
Return on assets
2.6%
Revenue growth (QoQ)
59.6%
Net-income growth
1.4%
Debt / equity
0.0×
Free cash flow
$439M
Tangible book value
$548M
Cash & investments
$121M
Stock comp / revenue
1.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-07 | Ferri Eric Anthony | Grant | 8.6K | — |
| 2026-05-29 | Hoople Elizabeth G. | Sell | 4.5K | $82.29 |
| 2026-04-29 | Hajek Douglas J. | Sell | 5.0K | $86.37 |
| 2026-02-24 | Mehta Neeraj | Grant | 1.6K | — |
| 2026-02-24 | Stork Kendall E | Grant | 1.6K | — |
| 2026-02-24 | Hoople Elizabeth G. | Grant | 1.6K | — |
| 2026-02-24 | Hajek Douglas J. | Grant | 1.6K | — |
| 2026-02-24 | Perretta Christopher | Grant | 1.6K | — |
| 2026-02-24 | Zlatkus Lizabeth H | Grant | 1.6K | — |
| 2026-02-24 | MCCRAY RONALD D | Grant | 1.6K | — |
| 2026-02-24 | SHULMAN BECKY S | Grant | 1.6K | — |
| 2026-02-23 | Pharr Brett L. | Sell | 16K | $93.88 |
| 2026-02-09 | Stork Kendall E | Sell | 3.0K | $94.15 |
| 2026-01-30 | Perretta Christopher | Sell | 1.4K | $89.94 |
| 2025-12-16 | Sharett Anthony M. | Gift | 650 | — |
| 2025-12-09 | Hajek Douglas J. | Gift | 1.0K | — |
| 2025-12-05 | Berde Anjana Thatte | Tax withheld | 114 | $74.36 |
| 2025-12-05 | Dombrowski Nadia | Tax withheld | 353 | $74.36 |
| 2025-12-05 | Warren Jennifer W. | Tax withheld | 221 | $74.36 |
| 2025-12-05 | Ingram Charles C. | Tax withheld | 235 | $74.36 |
| 2025-12-05 | Sharett Anthony M. | Tax withheld | 776 | $74.36 |
| 2025-12-05 | Pharr Brett L. | Tax withheld | 2.2K | $74.36 |
| 2025-12-05 | Sigrist Greg | Tax withheld | 737 | $74.36 |
| 2025-12-04 | MCCRAY RONALD D | Gift | 1.4K | — |
| 2025-12-04 | MCCRAY RONALD D | Gift | 337 | — |
| 2025-12-04 | MCCRAY RONALD D | Gift | 337 | — |
| 2025-11-14 | Pharr Brett L. | Grant | 16K | — |
| 2025-11-14 | Berde Anjana Thatte | Grant | 1.5K | — |
| 2025-11-14 | Dombrowski Nadia | Grant | 2.3K | — |
| 2025-11-14 | Warren Jennifer W. | Grant | 1.9K | — |
| 2025-11-14 | Warren Jennifer W. | Grant | 750 | — |
| 2025-11-14 | Ingram Charles C. | Grant | 3.0K | — |
| 2025-11-14 | Sharett Anthony M. | Grant | 5.4K | — |
| 2025-11-14 | Sigrist Greg | Grant | 5.2K | — |
| 2025-11-14 | Stork Kendall E | Gift | 1.0K | — |
| 2025-11-04 | Dombrowski Nadia | Tax withheld | 1.4K | — |
| 2025-11-04 | Dombrowski Nadia | Grant | 4.5K | — |
| 2025-11-04 | Ingram Charles C. | Grant | 4.6K | — |
| 2025-11-04 | Ingram Charles C. | Tax withheld | 1.2K | — |
| 2025-11-04 | Sharett Anthony M. | Grant | 14K | — |
| 2025-11-04 | Sharett Anthony M. | Tax withheld | 4.4K | — |
| 2025-11-04 | Pharr Brett L. | Grant | 35K | — |
| 2025-11-04 | Pharr Brett L. | Tax withheld | 14K | — |
| 2025-10-31 | Hajek Douglas J. | Sell | 3.0K | $68.11 |
| 2025-10-28 | Mehta Neeraj | Sell | 2.5K | $69.34 |
| 2025-10-27 | Pharr Brett L. | Gift | 6.0K | — |
| 2025-10-24 | Sharett Anthony M. | Sell | 12K | $71.55 |
| 2025-10-24 | Dombrowski Nadia | Sell | 5.0K | $71.46 |
| 2025-10-16 | Dombrowski Nadia | Tax withheld | 1.1K | $69.76 |
| 2025-10-16 | Warren Jennifer W. | Tax withheld | 248 | $69.76 |
| 2025-10-16 | Ingram Charles C. | Tax withheld | 603 | $69.76 |
| 2025-10-16 | Sharett Anthony M. | Tax withheld | 1.7K | $69.76 |
| 2025-10-16 | Pharr Brett L. | Tax withheld | 4.7K | $69.76 |
| 2025-10-16 | Sigrist Greg | Tax withheld | 1.7K | $69.76 |
| 2025-04-29 | Stork Kendall E | Sell | 4.0K | $79.33 |
| 2025-04-25 | Warren Jennifer W. | Sell | 1.7K | $77.97 |
| 2025-04-25 | Pharr Brett L. | Sell | 10K | $78.07 |
| 2025-04-25 | Hajek Douglas J. | Sell | 1.9K | $79.26 |
| 2025-03-24 | Berde Anjana Thatte | Grant | 1.1K | — |
| 2025-02-25 | Hajek Douglas J. | Grant | 1.9K | — |
| 2025-02-25 | Zlatkus Lizabeth H | Grant | 1.9K | — |
| 2025-02-25 | SHULMAN BECKY S | Grant | 1.9K | — |
| 2025-02-25 | MCCRAY RONALD D | Grant | 1.9K | — |
| 2025-02-25 | Perretta Christopher | Grant | 1.9K | — |
| 2025-02-25 | Mehta Neeraj | Grant | 1.9K | — |
| 2025-02-25 | Stork Kendall E | Grant | 1.9K | — |
| 2025-02-25 | Hoople Elizabeth G. | Grant | 1.9K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (4)
- Discover
- Emerald Financial Services, LLC
- Mastercard
- Visa
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-21 | 2026-05-21 | 0000907471-26-000027 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0000907471-26-000025 ↗ |
| 8-K | 2026-04-22 | 2026-04-22 | 0000907471-26-000023 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0000907471-26-000019 ↗ |
| 8-K | 2026-02-25 | 2026-02-24 | 0000907471-26-000016 ↗ |
| 10-Q | 2026-02-05 | 2025-12-31 | 0000907471-26-000011 ↗ |
| 8-K | 2026-01-22 | 2026-01-22 | 0000907471-26-000009 ↗ |
| 8-K | 2025-12-30 | 2025-12-23 | 0000907471-25-000118 ↗ |
| 10-K | 2025-11-25 | 2025-09-30 | 0000907471-25-000116 ↗ |
| 8-K | 2025-11-20 | 2025-11-20 | 0000907471-25-000110 ↗ |
| 8-K | 2025-10-21 | 2025-10-21 | 0000907471-25-000102 ↗ |
| 10-Q | 2025-09-16 | 2025-06-30 | 0000907471-25-000096 ↗ |