Pathward Financial, Inc. (FRA:FM7)

Pathward Financial Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Interest Income on Loans	455.82	438.58	346.82	268.08	256.08
Interest Income on Investments	67.58	80.48	75.13	44.12	29.77
Total Interest Income	523.39	519.06	421.95	312.2	285.85
Interest Paid on Deposits	5.43	13.02	4.36	0.5	1.59
Interest Paid on Borrowings	6.17	8.21	6.52	4.37	5.27
Total Interest Expense	11.6	21.23	10.87	4.87	6.86
Net Interest Income	511.79	497.83	411.08	307.32	278.99
Net Interest Income Growth (YoY)	2.81%	21.10%	33.76%	10.16%	7.70%
Gain (Loss) on Sale of Assets	15.04	-	10	50	-
Gain (Loss) on Sale of Investments	-28.08	-1	-3.25	-	-2.59
Other Non-Interest Income	338.14	299.59	306.6	243.81	270.9
Total Non-Interest Income	325.1	298.59	313.35	293.81	268.3
Non-Interest Income Growth (YoY)	8.88%	-4.71%	6.65%	9.50%	11.89%
Revenues Before Loan Losses	836.89	796.41	724.43	601.13	547.3
Provision for Loan Losses	56.77	58.1	109.24	28.54	49.77
Revenue	780.12	738.31	615.18	572.59	497.53
Revenue Growth (YoY)	5.66%	20.02%	7.44%	15.09%	14.62%
Salaries and Employee Benefits	190.99	191.19	173.25	161.12	144.24
Occupancy Expenses	42.09	36.59	34.69	30.88	29.27
Amortization of Goodwill & Intangibles	3.46	4.13	4.97	6.59	8.55
Selling, General & Administrative	91.61	76.9	83.88	90.3	69.18
Other Non-Interest Expense	226	208.88	163.32	95.72	89.63
Total Non-Interest Expense	554.15	517.68	460.12	384.61	340.87
EBT Excluding Unusual Items	225.97	220.63	155.07	187.99	156.66
Asset Writedown	-2.92	-2.01	-0.02	-0.67	-0.22
Pretax Income	223.05	218.62	155.05	187.32	156.45
Income Tax Expense	36.27	34.11	9.59	27.96	10.7
Earnings From Continuing Operations	186.79	184.51	145.46	159.35	145.75
Minority Interest in Earnings	-0.92	-1.29	-2.19	-2.97	-4.04
Net Income	185.87	183.22	143.27	156.39	141.71
Preferred Dividends & Other Adjustments	0.69	1.68	2.15	2.57	2.7
Net Income to Common	185.18	181.54	141.12	153.82	139.01
Net Income Growth	1.45%	27.89%	-8.39%	10.36%	35.32%
Basic Shares Outstanding	23	25	27	29	32
Diluted Shares Outstanding	24	25	27	29	32
Shares Change (YoY)	-6.66%	-6.40%	-7.89%	-7.93%	-8.84%
EPS (Basic)	7.91	7.21	5.26	5.26	4.38
EPS (Diluted)	7.87	7.20	5.24	5.26	4.38
EPS Growth	9.29%	37.44%	-0.36%	20.14%	49.05%
Dividend Per Share	0.200	0.200	0.200	0.200	0.200
Effective Tax Rate	16.26%	15.60%	6.18%	14.93%	6.84%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.