NASDAQ$CASH
Meta Financial Group Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported net income of $27.8 million, or $0.98 per share, and raised fiscal 2023 GAAP EPS guidance range to $5.55-$5.95.
Pathward Financial, Inc. reported a net income of $27.8 million, or $0.98 per share, for the first fiscal quarter of 2023. Total revenue was $149.8 million. The company raised its fiscal year 2023 GAAP earnings per share guidance to a range of $5.55 to $5.95.
- Net income for the quarter was $27.8 million, or $0.98 per share.
- Total revenue for the first quarter was $149.8 million, a decrease of 5% compared to the same quarter in fiscal 2022.
- Net interest margin increased 103 basis points to 5.62% for the first quarter.
- The company expects fiscal year 2023 GAAP earnings per share to be in the range of $5.55 to $5.95.
Headline financials
Revenue & EPS history
Meta · Revenue · Quarterly
$150M
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 fiscal year 2023 GAAP earnings per share to be in the range of $5.55 to $5.95. When adjusting for gain on sale of trademarks, rebrand related expenses, and separation related expenses, the Company expects fiscal year 2023 adjusted earnings per share to be in the range of $5.40 to $5.80.
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 2023
+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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