Pathward Financial FY26 Q3 net income falls 31% to $29 million
Reuters2026/08/06 21:32- Pathward Financial posted fiscal Q3 net income of $29 million, or $1.37 per diluted share, down from $42.1 million and $1.81 a year earlier.
- Net interest income fell 8% to $112.9 million; net interest margin narrowed to 6.59% from 7.43% a year earlier.
- Provision for credit losses more than doubled to $28.3 million; net charge-offs rose to $16 million, with $15.9 million tied to commercial finance.
- Noninterest income increased 4% to $76.7 million; noninterest expense dropped 7% to $129.1 million.
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