NASDAQ$CASH
Meta Financial Group Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported net income of $59.1 million, or $1.84 per share, compared to net income of $52.3 million, or $1.45 per share, for the three months ended March 31, 2020.
Meta Financial Group, Inc. reported a solid second quarter with net income of $59.1 million, or $1.84 per share. The company saw increased revenue from Tax Services and Payments businesses, as well as increased interest income from the Commercial Finance business. They also continued to develop their Banking as a Service franchise, including a new partnership with Walgreens.
- Total revenue for the second quarter was $187.3 million.
- Net interest income for the second quarter was $73.9 million.
- Total tax services product revenue was $67.0 million, an increase of 17% compared to the second quarter of fiscal 2020.
- The Company originated $1.79 billion in refund advance loans compared to $1.33 billion during the 2020 tax season.
Headline financials
Revenue & EPS history
Meta · Revenue · Quarterly
$187M
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 anticipates that participating in the EIP card distribution program will continue to have a slightly positive impact on earnings and it does not expect any material impact on its risk-based capital ratios due to the participation in the card distribution program. Additionally, the Company does not expect these conditions will be sustained over the long-term.
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 Q2 2021
+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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