Pathward Financial(CASH)
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Pathward Financial(CASH) - 2024 Q3 - Quarterly Report
2024-08-06 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value CASH The NASDAQ Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...
SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR AUGUST 2024
Prnewswire· 2024-08-05 12:00
DALLAS, Aug. 5, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.450890 per unit, payable on August 29, 2024, to unit holders of record on August 15, 2024. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website, which ...
ADECOAGRO S.A. ANNOUNCES EARLY RESULTS OF CASH TENDER OFFER FOR UP TO US$100.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.000% SENIOR NOTES DUE 2027
Prnewswire· 2024-08-02 22:40
LUXEMBOURG, Aug. 2, 2024 /PRNewswire/ -- Adecoagro S.A. (the "Issuer") announces the early results of its previously announced tender offer (the "Tender Offer") to purchase for cash up to US$100.0 million in aggregate principal amount (subject to increase or decrease by the Issuer, in its sole discretion, the "Maximum Tender Amount") of its 6.000% senior notes due 2027 (the "Notes"). The Tender Offer is being made upon the terms and subject to the conditions set forth in an offer to purchase, dated July 22, ...
MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND
Prnewswire· 2024-08-02 21:30
BETHESDA, Md., Aug. 2, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock. The dividend is payable on September 30, 2024, to shareholders of record as of the close of business on August 16, 2024. Marriott International Declares Quarterly Cash DividendMarriott International Declares Quarterly Cash Dividend Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, ...
Are You Looking for a Top Momentum Pick? Why Pathward Financial (CASH) is a Great Choice
ZACKS· 2024-07-26 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. You can see the current list of Zacks #1 Ra ...
GATES CAPITAL MANAGEMENT BELIEVES $42 ALL-CASH OFFER FOR VISTA OUTDOOR IS SUPERIOR TO THE PROPOSED SALE OF THE KINETIC GROUP TO CSG
Prnewswire· 2024-07-26 12:30
Reiterates Intention to Vote AGAINST the CSG Proposal Recently Released Financial Results from Vista Make It Clear That Selling the Entire Company Provides Shareholders a Better Return Than Divesting The Kinetic Group NEW YORK, July 26, 2024 /PRNewswire/ -- Gates Capital Management, Inc. ("Gates Capital Management" or "we"), an event-driven alternative asset manager that beneficially owns 5,589,041 shares of common stock, or approximately 9.6%, of Vista Outdoor, Inc. ("Vista" or the "Company") (NYSE: VSTO), ...
HERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND
Prnewswire· 2024-07-25 12:00
| --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------|-------------------------|---------------|-------|--------------------------|---------------|------------|-----------| | | June 30, 2024 \nBalance | \n% of Total | | March 31, 2024 \nBalance | \n% of Total | Change \n$ | % | | | (Dollars in thousands) | | | | | | | | Noninterest demand deposits | $ 1,599,367 | 29.0 % | | $ 1,637,111 | 29.5 % | $ (37,744) | (2.3) % | | Interest bearing demand deposits | 1,487,670 | 27.0 | | ...
Pathward Financial(CASH) - 2024 Q3 - Earnings Call Transcript
2024-07-25 02:18
Pathward Financial, Inc. (NASDAQ:CASH) Q3 2024 Results Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Darby Schoenfeld - Senior Vice President, Chief of Staff and Investor Relations Brett Pharr - Chief Executive Officer Greg Sigrist - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Switzer - Keefe, Bruyette & Woods Frank Schiraldi - Piper Sandler & Co. David Feaster - Raymond James Operator Ladies and gentlemen, thank you for standing by, and wel ...
Pathward Financial(CASH) - 2024 Q3 - Earnings Call Presentation
2024-07-25 01:32
Financial Performance - Net income attributable to Pathward Financial was $418 million in Q3 2024, a decrease of 7% compared to Q3 2023[110] - Earnings per diluted share were $166, a decrease of 1% compared to Q3 2023[111] - Net interest margin was 656% compared to 618% in the prior year period[85] - Adjusted NIM, including contractual, rate-related processing expenses, was 492% compared to 488% in the prior year period[85] Loan Portfolio - Total loans and leases increased 13% from Q3 2023 to $46126 million[114] - Commercial Finance balances grew by $419 million, or 12%, from the third quarter of the prior year[154] - As of June 30, 2024, $22 billion, or 48% of loans and leases contained floating or variable interest rates[183] Asset Quality - The ACL as a % of total loans and leases was 173% for 3Q24, a 28 bps decrease from the prior year[34] - Annualized adjusted net charge-offs were 049% of average loans over the last 12 months[34] - Nonperforming loans and leases were 096% as of June 30, 2023[113] Capital and Liquidity - Total liquidity was $2474 million, including $299 million in cash and cash equivalents, $38 million in unpledged investment securities, $980 million in FHLB borrowing capacity, $229 million in funds available through the Fed Discount Window, $575 million in unsecured funding providers, and $353 million in deposit balances held at other banks[37] - The company executed $150 million of share repurchases in 3Q24[139] Tax Season Update - Refund Advance originations totaled $156 billion in the 2024 tax season through June 30, 2024, compared to $146 billion in the 2023 tax season, a 7% increase[160] - Total tax product revenue increased 3% through the nine months ended June 30, 2024, compared to the same period of the prior year[129] - The approximate loss rate for the refund advance product was 149% for the nine months ended June 30, 2024, compared to 227% for the same period in the prior year, a decrease of 34%[160]
Pathward Financial (CASH) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-07-24 23:00
This quarterly report represents an earnings surprise of 10.67%. A quarter ago, it was expected that this holding company for Meta Bank would post earnings of $2.37 per share when it actually produced earnings of $2.56, delivering a surprise of 8.02%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Pathward has outperformed the market so far this year, ...