NIC - Pathward Financial: After A Nice Move Higher Shares Justify Even More Upside

2024-07-14 18:24:37 ET

Summary

• Pathward Financial shares have increased by 14.5% since April, outperforming the S&P 500.
• The company continues to show attractive growth in net interest income and non-interest income.
• Asset quality is high, with strong returns on assets and equity, making Pathward Financial a solid buy opportunity.

Three months ago, in early April of this year, I wrote a bullish article regarding a fairly small bank by the name of Pathward Financial ( CASH ). Of course, small as relative. For context, the company has, as of this writing, a market capitalization of $1.14 billion. Back then, the size of the business was a bit smaller. But the market has rewarded good performance over this window of time. Since the publication of that article, shares have skyrocketed by 14.5%. That's well above the 5.2% increase seen by the S&P 500 over the same window of time....

For further details see: