SIOUX FALLS, S.D. (AP) — SIOUX FALLS, S.D. (AP) — Pathward Financial, Inc. (CASH) on Tuesday reported fiscal first-quarter profit of $31.4 million.
The bank, based in Sioux Falls, South Dakota, said it had earnings of $1.29 per share.
The holding company for Meta Bank posted revenue of $176.6 million in the period. Its revenue net of interest expense was $173.5 million, surpassing Street forecasts.
Pathward shares have climbed slightly more than 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $78.22, an increase of 54% in the last 12 months.
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