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Pathward Financial, Inc. CASH Commercial — Provision for credit loss

Other segment segments

Consumer
-$6.41M-203%
Corporate Services/Other
$43K+105%

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Other financials

Income statement

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Revenue$189.6M-3.1%
Net income$29.0M-31.3%
EPS (diluted)$1.37-24.3%

Balance sheet

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Cash & equivalents$149.4M-42.2%
Total debt$223.8M+29.4%
Total equity$850.9M+3.9%
Total assets$7.3B+1.2%

Cash flow

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Operating cash flow$52.0M+71.1%
CapEx$3.4M+26.5%
Free cash flow$48.6M+75.4%

Valuation

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Market cap$1.86B+10.0%
Enterprise value$1.94B+20.5%
P/E10.6×+1.2×
P/S2.3×+0.2×

Profitability

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Net margin21.3%-0.4pp
FCF margin82.8%+49.5pp

Returns & leverage

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Return on equity21.1%-2.0pp
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Pathward Financial, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.

The source filing: Pathward Financial, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000907471-26-000034
(Dollars in thousands) / Three Months Ended June 30,Consumer / 2026Consumer / 2025Commercial / 2026Commercial / 2025Corporate Services/Other / 2026Corporate Services/Other / 2025Total / 2026Total / 2025
Interest and dividend income$62,531$69,620$82,793$76,738$(31,291)$(22,766)$114,033$123,592
Interest expense6551,67130,60225,497(30,137)(25,889)1,1201,279
Net interest income (expense)61,87667,94952,19151,241(1,154)3,123112,913122,313
Provision for (reversal of) credit loss(6,407)(2,114)34,67311,371432128,3099,278
Net interest income after provision for (reversal of) credit loss68,28370,06317,51839,870(1,197)3,10284,604113,035
Noninterest income48,86049,74826,21422,3021,6571,39276,73173,442
Noninterest expense
Compensation and benefits7,0757,18310,19211,09035,09430,28652,36148,559

Item 1. Financial Statements.

FAQ

What is Pathward Financial, Inc.'s commercial — provision for credit loss?
Pathward Financial, Inc. (CASH) reported commercial — provision for credit loss of $34.67M in Q2 2026.
How has Pathward Financial, Inc.'s commercial — provision for credit loss changed year-over-year?
Pathward Financial, Inc.'s commercial — provision for credit loss increased by 204.9% year-over-year, from $11.37M to $34.67M.
What is the long-term trend for Pathward Financial, Inc.'s commercial — provision for credit loss?
Over 2 years (2023 to 2025), Pathward Financial, Inc.'s commercial — provision for credit loss has grown at a 23.5% compound annual growth rate (CAGR), from $18.38M to $28.06M.
What does commercial — provision for credit loss mean?
This represents the periodic expense charged to the income statement to maintain the allowance for loan and lease losses at an appropriate level. It reflects management's assessment of the credit risk and potential defaults within the commercial loan portfolio. Higher provisions indicate an expectation of increased credit deterioration or growth in the underlying loan book.

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