Pathward Financial, Inc. Reinstates Earnings Guidance for the Year of 2022 and 2023
July 28, 2022 at 01:40 am IST
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Pathward Financial, Inc. reinstates earnings guidance for the year of 2022 and 2023. For the year, the company expects fiscal year 2022 GAAP earnings per share to be in the range of $5.04 and $5.24.
For the year, the company expects fiscal year 2023 GAAP earnings per share to be in the range of $5.25 and $5.75.
Pathward Financial, Inc. is a financial holding company. The Company's subsidiary is Pathward, National Association (the Bank). The Bank operates through three segments: Consumer, Commercial, and Corporate Services/Other. The Consumer segment includes the banking as a service (BaaS) business line, which collaborates with partners to navigate payment and lending needs. The Bank's capabilities range from prepaid cards and deposit accounts to payment processing and consumer lending. The Bank offers a variety of installment and revolving consumer lending products through its credit solutions. The Commercial segment offers a variety of products through its working capital, equipment finance, structured finance and insurance premium finance lending solutions. The Corporate Services/Other segment includes certain shared services as well as treasury related functions, such as the investment portfolio, warehouse finance, wholesale deposit, and borrowings.
PATHWARD FINANCIAL, INC. 
