Fifth Third Bancorp Grows Stake in Pathward Financial, Inc. $CASH

Fifth Third Bancorp grew its stake in shares of Pathward Financial, Inc. (NASDAQ:CASH) by 23,389.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,275 shares of the savings and loans company’s stock after acquiring an additional 11,227 shares during the quarter. Fifth Third Bancorp owned about 0.05% of Pathward Financial worth $1,006,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Seros Financial LLC purchased a new stake in Pathward Financial during the 3rd quarter valued at about $481,003,000. Revolve Wealth Partners LLC purchased a new position in Pathward Financial in the fourth quarter worth about $267,437,000. Comerica Bank raised its holdings in Pathward Financial by 371.2% in the fourth quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock worth $21,016,000 after buying an additional 233,177 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Pathward Financial by 30.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 247,832 shares of the savings and loans company’s stock worth $17,596,000 after buying an additional 58,510 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Pathward Financial by 2.9% in the fourth quarter. Invesco Ltd. now owns 215,833 shares of the savings and loans company’s stock worth $15,324,000 after buying an additional 6,162 shares in the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Insider Buying and Selling at Pathward Financial

In other news, Director Elizabeth G. Hoople sold 4,500 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $82.29, for a total transaction of $370,305.00. Following the transaction, the director directly owned 28,050 shares of the company’s stock, valued at $2,308,234.50. This represents a 13.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Douglas J. Hajek sold 5,000 shares of Pathward Financial stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total value of $431,850.00. Following the completion of the sale, the director directly owned 12,281 shares of the company’s stock, valued at $1,060,709.97. The trade was a 28.93% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.43% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CASH has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods decreased their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an “outperform” rating for the company in a report on Thursday. Piper Sandler reissued an “overweight” rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pathward Financial currently has an average rating of “Buy” and a consensus price target of $101.00.

Pathward Financial Stock Performance

Shares of NASDAQ CASH opened at $85.90 on Monday. The firm’s 50-day moving average price is $85.02 and its 200-day moving average price is $87.22. Pathward Financial, Inc. has a 52-week low of $65.87 and a 52-week high of $101.26. The company has a market cap of $1.81 billion, a PE ratio of 10.76 and a beta of 0.60. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.04.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.58). The company had revenue of $189.64 million for the quarter, compared to analysts’ expectations of $191.18 million. Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. As a group, analysts anticipate that Pathward Financial, Inc. will post 7.93 EPS for the current year.

Pathward Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, June 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s payout ratio is currently 2.51%.

Trending Headlines about Pathward Financial

Here are the key news stories impacting Pathward Financial this week:

• Positive Sentiment: Pathward issued FY2027 EPS guidance of $9.50 to $10.00 and reiterated a solid longer-term outlook, which helped offset some of the disappointment from the quarter. Article Title
• Positive Sentiment: Piper Sandler reaffirmed an overweight rating and set a $105 price target, suggesting analysts still see upside from current levels. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods also kept an outperform rating, with a $97 price target, indicating the selloff may have created some value. Article Title
• Neutral Sentiment: Management’s earnings call and presentation focused on quarterly results and outlook, but there was no major new strategic announcement. Article Title
• Negative Sentiment: Pathward reported EPS of $1.37, far below the $1.95 consensus estimate, and revenue also missed expectations, triggering a sharp negative reaction in the stock. Article Title
• Negative Sentiment: The company disclosed a $34 million commercial finance provision, which raised concerns about credit quality and pressured sentiment further. Article Title
• Negative Sentiment: Block & Leviton announced a securities-fraud investigation into Pathward Financial, adding an additional legal overhang for investors. Article Title
• Negative Sentiment: A Seeking Alpha piece highlighted rising credit concerns tied to Pathward’s renewable energy exposure, which may be contributing to the stock’s weakness. Article Title

Pathward Financial Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.