NASDAQ$CASH
Meta Financial Group Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Reported net income for the first quarter of fiscal year 2020.
Meta Financial Group reported a strong first quarter for fiscal year 2020, with net income increasing by 37% compared to the same period last year. The company's ongoing efforts to enhance its earning asset mix and leverage its core deposit base drove earnings growth. Meta Financial Group also announced an agreement to sell its Community Bank division to Central Bank during the quarter.
- Net income for the first quarter of fiscal 2020 was $21.1 million, or $0.56 per diluted share, compared to $15.4 million, or $0.39 per diluted share, for the same period last year.
- Total revenue for the fiscal 2020 first quarter was $102.1 million, compared to $98.0 million for the same quarter in fiscal 2019, representing a 4% increase.
- Net interest income was $64.7 million, compared to $60.3 million in the comparable quarter in fiscal 2019.
- The company repurchased 899,371 of its shares at an average price of $34.17 during the quarter.
Headline financials
Revenue & EPS history
Meta · Revenue · Quarterly
$102M
Revenue by segment
Meta · $55.2M total across 5 segments · Q1 2023
- Card and deposit fees$37.7M—68.4%
- Rental income$12.7M—23.0%
- Other income$3.56M—6.4%
- Refund transfer product fees$677K—1.2%
- Gain on sale of other$502K—0.9%
Forward guidance
The Company expects full-year fiscal 2020 GAAP earnings per common share to range between $3.58 to $3.78. When excluding an expected gain on sale of the Community Bank division and the net financial impact of the sale of foreclosed property, the Company expects full-year fiscal 2020 EPS to range between $3.30 and $3.50.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+1.2%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+3.4%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+20.5%
Q4 2020
Best reaction
-18.5%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.7% | -9.6% | -16.0% | |
| Q1 2026 | +7.1% | -3.0% | -2.7% | |
| Q4 2025 | -0.0% | -2.2% | -2.2% | |
| Q2 2025 | +6.0% | +6.9% | +3.8% | |
| Q1 2025 | -0.6% | +2.6% | +2.7% | |
| Q4 2024 | -4.0% | -3.7% | +13.4% | |
| Q3 2024 | +4.9% | +4.1% | +3.1% | |
| Q2 2024 | +4.3% | +1.5% | +8.9% | |
| Q1 2024 | +1.1% | +3.0% | -2.5% | |
| Q4 2023 | +7.5% | +6.7% | +16.1% | |
| Q3 2023 | -5.8% | -7.7% | -13.8% | |
| Q2 2023 | +7.9% | +10.1% | +15.2% | |
| Q1 2023 | +7.8% | +7.3% | +12.2% | |
| Q4 2022 | +6.6% | +5.9% | +13.2% | |
| Q3 2022 | -18.5% | -20.2% | -18.5% | |
| Q2 2022 | -2.9% | -4.4% | -7.5% | |
| Q1 2022 | -1.5% | +3.4% | -3.9% | |
| Q4 2021 | -10.7% | -6.5% | +0.1% | |
| Q3 2021 | +3.5% | +0.3% | +2.7% | |
| Q2 2021 | +10.3% | +8.3% | +15.7% | |
| Q1 2021 | +3.5% | +3.7% | +16.1% | |
| Q4 2020 | +20.5% | +23.2% | +45.7% | |
| Q3 2020 | +5.5% | +0.8% | +0.9% | |
| Q2 2020 | -7.7% | +1.9% | -1.7% | |
| Q1 2020 | +1.5% | +1.5% | -11.3% | |
| Q4 2019 | -9.6% | -9.3% | -2.0% | |
| Q3 2019 | +10.9% | +8.8% | +12.4% | |
| Q2 2019 | +14.3% | +13.1% | +20.7% | |
| Q1 2019 | +9.0% | +6.0% | +7.0% | |
| Q4 2018 | +6.5% | +5.6% | -4.6% | |
| Q3 2018 | -5.3% | -6.7% | -11.0% | |
| Q2 2018 | -8.2% | -9.5% | +0.8% | |
| Q1 2018 | +12.7% | +5.5% | +4.5% | |
| Q4 2017 | +4.0% | +3.5% | +10.7% | |
| Q3 2017 | -0.9% | -23.4% | -25.4% | |
| Q2 2017 | -4.4% | -6.0% | -2.9% | |
| Q1 2017 | -15.3% | -6.3% | -14.0% | |
| Q4 2016 | +5.9% | +5.2% | +35.8% | |
| Q3 2016 | +4.0% | +3.6% | +11.5% | |
| Q2 2016 | +7.2% | — | — | |
| Q1 2016 | +15.7% | — | — | |
| Q4 2015 | +3.7% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | -4.1% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | +0.1% | — | — | |
| Q3 2014 | -3.3% | — | — | |
| Q2 2014 | -4.2% | — | — | |
| Q1 2014 | -3.1% | — | — | |
| Q4 2013 | -5.8% | — | — | |
| Q3 2013 | +7.1% | — | — | |
| Q2 2013 | -1.7% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | -2.1% | — | — | |
| Q3 2012 | -3.2% | — | — | |
| Q2 2012 | -0.8% | — | — | |
| Q1 2011 | +12.9% | — | — | |
| Q1 2012 | -5.0% | — | — | |
| Q2 2011 | +6.8% | — | — | |
| Q4 2009 | +6.8% | — | — | |
| Q4 2011 | +6.8% | — | — | |
| Q3 2010 | -13.8% | — | — | |
| Q4 2010 | -13.8% | — | — | |
| Q3 2011 | -13.8% | — | — | |
| Q2 2010 | +12.5% | — | — |
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