Latest news with #PathwardFinancial
Yahoo
28-05-2025
- Business
- Yahoo
Pathward Financial, Inc. Receives Expected Notice of Deficiency From Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
SIOUX FALLS, S.D., May 28, 2025--(BUSINESS WIRE)--Pathward Financial, Inc. ("Pathward Financial" or the "Company") (Nasdaq: CASH) received an expected notice (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on May 22, 2025. The Notice indicated that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of its failure to timely file its Quarterly Report on Form 10-Q ("Form 10-Q") for the fiscal quarter ended March 31, 2025, as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on May 12, 2025. The Listing Rule requires listed companies to timely file all periodic reports with the SEC. In accordance with Nasdaq's listing rules, the Company has 60 days after the date of the Notice to submit a plan to regain compliance with the Listing Rule. Pursuant to the Notice, Nasdaq has the discretion to grant the Company up to 180 calendar days from the filing's due date, or until November 11, 2025, to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq's listing rules as soon as practicable. The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq. About Pathward Financial, Inc. Pathward Financial, Inc. (Nasdaq: CASH) is a U.S.-based financial holding company driven by its purpose to power financial inclusion. Through our subsidiary, Pathward®, N.A., we strive to increase financial availability, choice, and opportunity across our Partner Solutions and Commercial Finance business lines. These strategic business lines provide support to individuals and businesses. Learn more at Forward-Looking Statements This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's expectations as to the anticipated timing of filing the Form 10-Q and the Company's plan to regain compliance with the Listing Rule, as well as all statements that are not historical facts. These forward-looking statements are subject to change, and actual results may materially differ from those set forth in this press release due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to, the risk that the completion and filing of the Form 10-Q will take longer than expected; uncertainties about the timing of the Company's submission of a compliance plan; Nasdaq's acceptance of any such plan; the duration of any extension that may be granted by Nasdaq; and the risk that the Company will be unable to meet Nasdaq's continued listing requirements. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements set forth in reports filed with the SEC. Undue reliance should not be placed on any forward-looking statement contained herein. These statements reflect the Company's position as of the date of this press release. The Company expressly disclaims any undertaking to release publicly any updates or revisions to any statements to reflect any change in the Company's expectations or any change of events, conditions, or circumstances on which any such statement is based. View source version on Contacts Investor Relations Contact Darby Schoenfeld, CPASVP, Chief of Staff & Investor Relations877-497-7497investorrelations@ Media Relations Contact mediarelations@
Business Wire
28-05-2025
- Business
- Business Wire
Pathward Financial, Inc. Receives Expected Notice of Deficiency From Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. ("Pathward Financial" or the 'Company') (Nasdaq: CASH) received an expected notice (the 'Notice') from the Listing Qualifications Department of the Nasdaq Stock Market LLC ('Nasdaq') on May 22, 2025. The Notice indicated that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the 'Listing Rule') as a result of its failure to timely file its Quarterly Report on Form 10-Q ('Form 10-Q') for the fiscal quarter ended March 31, 2025, as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the 'SEC') on May 12, 2025. The Listing Rule requires listed companies to timely file all periodic reports with the SEC. In accordance with Nasdaq's listing rules, the Company has 60 days after the date of the Notice to submit a plan to regain compliance with the Listing Rule. Pursuant to the Notice, Nasdaq has the discretion to grant the Company up to 180 calendar days from the filing's due date, or until November 11, 2025, to regain compliance. The Company intends to take the necessary steps to regain compliance with Nasdaq's listing rules as soon as practicable. The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq. About Pathward Financial, Inc. Pathward Financial, Inc. (Nasdaq: CASH) is a U.S.-based financial holding company driven by its purpose to power financial inclusion. Through our subsidiary, Pathward®, N.A., we strive to increase financial availability, choice, and opportunity across our Partner Solutions and Commercial Finance business lines. These strategic business lines provide support to individuals and businesses. Learn more at Forward-Looking Statements This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's expectations as to the anticipated timing of filing the Form 10-Q and the Company's plan to regain compliance with the Listing Rule, as well as all statements that are not historical facts. These forward-looking statements are subject to change, and actual results may materially differ from those set forth in this press release due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to, the risk that the completion and filing of the Form 10-Q will take longer than expected; uncertainties about the timing of the Company's submission of a compliance plan; Nasdaq's acceptance of any such plan; the duration of any extension that may be granted by Nasdaq; and the risk that the Company will be unable to meet Nasdaq's continued listing requirements. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements set forth in reports filed with the SEC. Undue reliance should not be placed on any forward-looking statement contained herein. These statements reflect the Company's position as of the date of this press release. The Company expressly disclaims any undertaking to release publicly any updates or revisions to any statements to reflect any change in the Company's expectations or any change of events, conditions, or circumstances on which any such statement is based.
Yahoo
02-05-2025
- Business
- Yahoo
Uncovering 3 US Undiscovered Gems with Strong Financial Foundations
As the U.S. stock market experiences a surge, with the S&P 500 on track for its longest winning streak since 2004, investors are buoyed by strong employment data and potential trade talks with China. In this climate of optimism, identifying stocks with robust financial foundations becomes crucial for navigating the uncertainties of trade policies and economic fluctuations. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Wilson Bank Holding NA 7.87% 8.22% ★★★★★★ Central Bancompany 32.38% 5.41% 6.60% ★★★★★★ Oakworth Capital 42.08% 15.43% 7.31% ★★★★★★ Teekay NA -0.89% 62.53% ★★★★★★ Solesence 33.45% 23.87% -3.75% ★★★★★★ FineMark Holdings 122.25% 2.34% -26.34% ★★★★★★ FRMO 0.09% 44.64% 49.91% ★★★★★☆ Pure Cycle 5.11% 1.07% -4.05% ★★★★★☆ First IC 38.58% 9.04% 14.76% ★★★★☆☆ Reitar Logtech Holdings 31.39% 231.46% 41.38% ★★★★☆☆ Click here to see the full list of 287 stocks from our US Undiscovered Gems With Strong Fundamentals screener. Let's uncover some gems from our specialized screener. Simply Wall St Value Rating: ★★★★★☆ Overview: Ponce Financial Group, Inc. is the bank holding company for Ponce Bank, offering a range of banking products and services, with a market cap of approximately $308.44 million. Operations: Ponce Financial Group generates revenue primarily from its thrift and savings and loan institutions, amounting to $86.68 million. With total assets of US$3.1 billion and equity of US$513.9 million, Ponce Financial Group reflects a robust financial foundation. Total deposits stand at US$2 billion while loans reach US$2.4 billion, supporting a net interest margin of 2.7%. Despite its rapid earnings growth of 150% over the past year outpacing the industry average, concerns arise from an insufficient allowance for bad loans at 1.1% of total loans. This small-cap bank primarily relies on low-risk customer deposits for funding, accounting for 78% of liabilities, which likely contributes to its stable operational framework amidst market fluctuations. Get an in-depth perspective on Ponce Financial Group's performance by reading our health report here. Gain insights into Ponce Financial Group's past trends and performance with our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Pathward Financial, Inc. is a bank holding company for Pathward, National Association, offering a range of banking products and services in the United States with a market cap of approximately $1.87 billion. Operations: Pathward Financial generates revenue through its banking services offered in the United States. The company focuses on maintaining a diverse portfolio of financial products to drive income. Pathward Financial, a nimble player in the banking sector, is making waves with its strategic focus on balance sheet optimization and partnerships. With total assets of US$7 billion and equity of US$832.2 million, it maintains a robust financial standing. The bank's deposits stand at US$5.8 billion while loans are at US$4.4 billion, supported by low-risk funding sources comprising 94% customer deposits. Its allowance for bad loans is adequate at 0.9%, ensuring stability amidst market fluctuations. Trading significantly below estimated fair value, Pathward offers potential upside as it continues to repurchase shares and enhance earnings quality through renewable energy investments. Pathward Financial is enhancing earnings through strategic partnerships and asset sales. Click to explore how Pathward's growth strategy may impact its financial performance. Simply Wall St Value Rating: ★★★★★★ Overview: West Bancorporation, Inc. is a financial holding company offering community banking and trust services to individuals and small- to medium-sized businesses in the United States, with a market cap of $328.40 million. Operations: West Bancorporation generates revenue primarily from its community banking segment, which amounted to $82.85 million. The company's net profit margin is a key financial indicator to consider when evaluating its profitability. West Bancorporation, a financial holding company with total assets of US$4.0 billion and equity of US$237.9 million, is making strides in the banking sector. With deposits totaling US$3.3 billion and loans at US$3.0 billion, it maintains a net interest margin of 1.9%. The firm boasts an impressive allowance for bad loans at just 0.01% of total loans, highlighting its solid risk management practices. Trading nearly 40% below estimated fair value suggests potential for appreciation, while its earnings growth outpaced the industry last year by reaching 18%, reflecting robust operational efficiency and strategic positioning in the market. West Bancorporation's earnings growth is driven by operational improvements and strategic asset replacements; click here to explore the full narrative on the company. Access the full spectrum of 287 US Undiscovered Gems With Strong Fundamentals by clicking on this link. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGM:PDLB NasdaqGS:CASH and NasdaqGS:WTBA. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
08-04-2025
- Business
- Yahoo
Pathward Financial, Inc. to Announce Second Quarter 2025 Earnings and Host Conference Call on April 22, 2025
SIOUX FALLS, S.D., April 08, 2025--(BUSINESS WIRE)--Pathward Financial, Inc. ("Pathward Financial", the "Company") (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2025 on Tuesday, April 22, 2025, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results. The live webcast of the call can be accessed from Pathward Financial's Investor Relations website at Telephone participants may access the conference call by dialing 1-833-470-1428 approximately 10 minutes prior to the start time and referencing access code 162083. The webcast replay will be archived at for one year. This press release and other important information about the Company are available at About Pathward Financial, Inc. Pathward Financial, Inc. (Nasdaq: CASH) is a U.S.-based financial holding company driven by its purpose to power financial inclusion. Through our subsidiary, Pathward®, N.A., we strive to increase financial availability, choice, and opportunity across our Partner Solutions and Commercial Finance business lines. These strategic business lines provide support to individuals and businesses. Learn more at View source version on Contacts Investor Relations Contact Darby Schoenfeld, CPASVP, Chief of Staff & Investor Relations877-497-7497investorrelations@ Media Relations Contact mediarelations@
Yahoo
08-04-2025
- Business
- Yahoo
Pathward Financial, Inc. to Announce Second Quarter 2025 Earnings and Host Conference Call on April 22, 2025
SIOUX FALLS, S.D., April 08, 2025--(BUSINESS WIRE)--Pathward Financial, Inc. ("Pathward Financial", the "Company") (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2025 on Tuesday, April 22, 2025, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results. The live webcast of the call can be accessed from Pathward Financial's Investor Relations website at Telephone participants may access the conference call by dialing 1-833-470-1428 approximately 10 minutes prior to the start time and referencing access code 162083. The webcast replay will be archived at for one year. This press release and other important information about the Company are available at About Pathward Financial, Inc. Pathward Financial, Inc. (Nasdaq: CASH) is a U.S.-based financial holding company driven by its purpose to power financial inclusion. Through our subsidiary, Pathward®, N.A., we strive to increase financial availability, choice, and opportunity across our Partner Solutions and Commercial Finance business lines. These strategic business lines provide support to individuals and businesses. Learn more at View source version on Contacts Investor Relations Contact Darby Schoenfeld, CPASVP, Chief of Staff & Investor Relations877-497-7497investorrelations@ Media Relations Contact mediarelations@ Sign in to access your portfolio
