CASH Meta Financial Dashboard

Meta Financial Group, Inc., is the holding company for MetaBank, N.A., Member Federal Deposit Insurance Corporation. Headquartered in Sioux Falls, S.D., MetaBank operates in several segments within the Banking and Payments industries: MetaBank, its traditional retail banking operation; Meta Payment Systems, its electronic payments division; AFS/IBEX, its insurance premium financing division; and Refund Advantage, EPS Financial and Specialty Consumer Services, its tax-related financial solutions divisions. MetaBank, the retail banking division, operates 10 retail branches in four market areas: Central Iowa; Storm Lake, Iowa; Brookings, S.D..; and Sioux Falls, S.D.. MetaBank offers traditional banking services designed to serve the needs of individual, agricultural and business depositors and borrowers.

Company profile

Ticker

CASH

Exchange

NASDAQ

Website

www.metafinancialgroup.com/

CEO

Bradley Hanson

Incorporated

Delaware

Location

South Dakota

Fiscal year end

Sep 30

Sector

Finance and Insurance > Savings Institutions

Industry (SIC)

National Commercial Banks

Citigroup • JPMorgan Chase & Co. • U.S. Bancorp. • PNC Financial Services • Shinhan Financial • Capital One Financial • Bank Of America • HSBC USA • Regions Financial • Keycorp ...

Former names

FIRST MIDWEST FINANCIAL INC

SEC CIK

0000907471

Corporate docs

Articles of Incorporation & Bylaws

IRS number

421406262

CASH stock data

S&P 500

1M 1Y 2Y 5Y

News

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Payix Reports Partnership With Meta Financial Group's MetaBank

29 Mar 21

Payix® Incorporated announced today the execution of a payment processing agreement encompassing both ACH and CARD transactions. The agreement expands Payix's merchant services capabilities allowing Payix to

'Halftime Report' Final Trades: MercadoLibre, Meta Financial, More

25 Feb 21

On CNBC's "Fast Money Halftime Report," the investment committee gave their final trades. Market Rebellion Co-Founder Jon Najarian likes Energy Select Sector SPDR Fund (NYSE: XLE).

Stocks That Hit 52-Week Highs On Wednesday

24 Feb 21

During Wednesday's morning trading, 472 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Tuesday

23 Feb 21

Stocks That Hit 52-Week Highs On Tuesday

9 Feb 21

Press releases

Pro users get this 30m faster

Meta Financial Group, Inc.® to Announce Fiscal 2021 Second Quarter Earnings and Host Conference Call on April 27, 2021

13 Apr 21

SIOUX FALLS, S.D., April 13, 2021 (GLOBE NEWSWIRE) -- Meta Financial Group, Inc.® (NASDAQ:CASH) ("Meta" or the "Company") today announced it will release financial results for the second quarter of fiscal year

Walgreens Announces Further Expansion of its Financial Services Business Strategy with InComm Payments

30 Mar 21

Walgreens to offer new bank account with Mastercard debit card leveraging InComm Payments' platform InComm Payments to enhance Walgreens-branded gift card program

Payix Executes New Payment Processing Agreement

29 Mar 21

FORT WORTH, Texas, March 29, 2021 /PRNewswire/ -- Payix® Incorporated announced today the execution of a payment processing agreement encompassing both ACH and CARD transactions. The agreement expands Payix's

MetaBank® Serves as Agent for Distributing Prepaid Debit Cards as part of Economic Impact Program

22 Mar 21

MetaBank® Names Kia Tang as Chief People and Inclusion Officer

15 Mar 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

8 Feb 21

17 Apr 21

30 Sep 21

Financial summary

Financial statements Chart CASH financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 20	Sep 19	Sep 18	Sep 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

CASH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Mar 21	Kia S. Tang	Common Stock	Payment of exercise	Dispose F	No	No	44.95	742	33.35K	9,258
15 Mar 21	Douglas J. Hajek	Common Stock	Sell	Dispose S	No	Yes	47.01	3,000	141.03K	16,181
12 Mar 21	Sharett Anthony M.	Common Stock	Sell	Dispose S	No	Yes	46.18	1,700	78.51K	17,604
10 Mar 21	Pharr Brett L.	Common Stock	Sell	Dispose S	No	Yes	46.29	2,343	108.46K	19,483
9 Mar 21	Moore Frederick V	Common Stock	Sell	Dispose S	No	No	46.8	1,100	51.48K	2,980

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

CASH institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

74.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	150	143	+4.9%
Opened positions	27	20	+35.0%
Closed positions	20	23	-13.0%
Increased positions	43	50	-14.0%
Reduced positions	60	46	+30.4%

13F shares	Current	Prev Q	Change
Total value	14.57B	476M	+2961.3%
Total shares	24.07M	39.04M	-38.3%
Total puts	15K	14.1K	+6.4%
Total calls	7K	164.1K	-95.7%
Total put/call ratio	2.1	0.1	+2393.9%

Largest owners	Shares	Value	Change
BLK Blackrock	4.85M	$177.25M	-1.4%
Vanguard	2.07M	$75.56M	+1.7%
Dimensional Fund Advisors	1.72M	$62.89M	-0.8%
Nantahala Capital Management	1.54M	$56.33M	-14.4%
GS Goldman Sachs	1.46M	$53.32M	-1.2%
STT State Street	1.02M	$37.4M	+1.2%
Patriot Financial Partners GP	929.58K	$33.99M	-24.4%
Geode Capital Management	539.73K	$19.73M	+4.8%
FMR	516.49K	$18.88M	+344225.3%
Brookside Equity Partners	489.09K	$17.88M	NEW

Largest transactions	Shares	Bought/sold	Change
Wetherby Asset Management	0	-10.26M	EXIT
Walkner Condon Financial Advisors	0	-4.69M	EXIT
FMR	516.49K	+516.34K	+344225.3%
Brookside Equity Partners	489.09K	+489.09K	NEW
LSV Asset Management	2.05K	-343.18K	-99.4%
Patriot Financial Partners GP	929.58K	-300K	-24.4%
Driehaus Capital Management	297.59K	+297.59K	NEW
Ararat Capital Management	293.24K	+293.24K	NEW
Cranbrook Wealth Management	305.63K	-261.03K	-46.1%
Nantahala Capital Management	1.54M	-259.08K	-14.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Bancorp Inc. (The)

Management Discussion

The Company recorded net income of $28.0 million, or $0.84 per diluted share, for the three months ended December 31, 2020, compared to net income of $21.1 million, or $0.56 per diluted share, that was recorded for the fiscal 2020 first quarter. Total revenue for the fiscal 2021 first quarter was $111.5 million, compared to $102.1 million for the same quarter in fiscal 2020, an increase of 9%.
During the fiscal 2021 first quarter, the Company recognized net interest income of $66.0 million, NIM of 4.65% and net interest margin, tax-equivalent ("NIM, TE") of 4.67%. The Company's average gross loans and leases decreased by $239.5 million, or 6%, while average noninterest-bearing deposits increased by $2.15 billion, or 79%, when compared to the same quarter in fiscal 2020. Average deposits from the payments divisions for the fiscal 2021 first quarter increased nearly 83% to $5.07 billion when compared to the same quarter in fiscal 2020. A significant portion of the year-over-year increase reflected the Company's participation in the EIP program, as described further below. The growth in deposits led to excess cash balances held at the Federal Reserve during the fiscal 2021 first quarter. This increase in lower yielding cash balances resulted in a net drag to the net interest margin. Overall, the Company's cost of funds for all deposits and borrowings averaged 0.15% during the fiscal 2021 first quarter, compared to 1.01% during the prior year quarter, primarily due to a decrease in overnight borrowings rates as well as an increase in the average balance of the Company's noninterest-bearing deposits.
Noninterest income for the three months ended December 31, 2020 was $45.5 million, compared to $37.5 million for the same period of the prior year. This was primarily due to an increase within gain on sale of other, an increase in other income, and an increase in payments cards and deposit fees, partially offset by a decrease in rental income. The increase within gain on sale of other was primarily due to a loss on sale of foreclosed and repossessed assets recognized during the first quarter of fiscal year 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-Q 2021 Q1