MetaBank®, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc.®, a South Dakota-based financial holding company. MetaBank, is a financial enablement company that works to increase financial availability, choice, and opportunity for all. MetaBank strives to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products that contribute to individuals and communities at the core of the real economy.

Company profile
Ticker
CASH
Exchange
Website
CEO
J. Tyler Haahr
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FIRST MIDWEST FINANCIAL INC, META FINANCIAL GROUP INC
SEC CIK
Corporate docs
Subsidiaries
The financial statements of Meta Financial Group, Inc. ...
IRS number
421406262
CASH stock data
News

This Healthcare Stock Tumbled 43%; Here Are 88 Biggest Movers From Yesterday
29 Jul 22
Nasdaq Rises 100 Points; US Economy Shrinks Again In Q2
28 Jul 22
Pathward Financial Yesterday Reported Q3 EPS $0.93 Beats $0.91 Estimate, Sales $126.14M Miss $130.86M Estimate
28 Jul 22
Stocks That Hit 52-Week Lows On Thursday
28 Jul 22
Why Shares of Solar Companies Are Trading Higher? 64 Stocks Moving In Thursday's Mid-Day Session
28 Jul 22
Press releases
Pathward's Nancy Schempp Named to American Banker's Prestigious List of The Most Influential Women in Payments: Next
11 Aug 22
Kora, the Personal Finance App Just for College Students, Reaches 100,000 Active Users on Budgeting Tool
9 Aug 22
Pathward Financial, Inc.™ Announces Results for 2022 Fiscal Third Quarter
27 Jul 22
Pathward Financial, Inc.™ to Announce Third Quarter 2022 Earnings and Host Conference Call on July 27, 2022
14 Jul 22
Freedom Financial Network Announces Close of $324M Securitization of FreedomPlus Personal Loans
7 Jul 22
Analyst ratings and price targets
Current price
Average target
$50.67
Low target
$45.00
High target
$61.00
Keefe, Bruyette & Woods
Downgraded
$45.00
Piper Sandler
Maintains
$61.00
Raymond James
Downgraded
$46.00
Investment data
Securities sold
Number of investors
Calendar
9 May 22
12 Aug 22
30 Sep 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 21 | Sep 20 | Sep 19 | Sep 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 237.68M | 237.68M | 237.68M | 237.68M | 237.68M | 237.68M |
Cash burn (monthly) | 330.81M | 290.55M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.46B | 1.28B | n/a | n/a | n/a | n/a |
Cash remaining | -1.22B | -1.04B | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.7 | -3.6 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Aug 22 | Kramer Michael Robert | Common Stock | Sell | Dispose S | Yes | No | 36.25 | 250 | 9.06K | 10,600 |
10 Aug 22 | Kramer Michael Robert | Common Stock | Sell | Dispose S | Yes | No | 35.74 | 750 | 26.81K | 10,850 |
9 Aug 22 | Kramer Michael Robert | Common Stock | Sell | Dispose S | Yes | No | 34.3 | 500 | 17.15K | 11,600 |
8 Aug 22 | Charles C. Ingram | Common Stock | Buy | Acquire P | No | No | 34.25 | 1,250 | 42.81K | 22,026 |
8 Aug 22 | Kramer Michael Robert | Common Stock | Sell | Dispose S | Yes | No | 34.75 | 250 | 8.69K | 12,100 |
2 Aug 22 | Glen William Herrick | Common Stock | Buy | Acquire P | No | No | 33.46 | 3,000 | 100.38K | 104,869 |
2 Aug 22 | Douglas J. Hajek | Common Stock | Buy | Acquire P | No | No | 34.02 | 500 | 17.01K | 19,081 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 201 |
Opened positions | 31 |
Closed positions | 26 |
Increased positions | 54 |
Reduced positions | 88 |
13F shares | Current |
---|---|
Total value | 5.91B |
Total shares | 114.72M |
Total puts | 18.6K |
Total calls | 12.3K |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
NextCapital Advisers | 89.8M | $89.8M |
BLK Blackrock | 4.41M | $242.08M |
FMR | 2.51M | $137.97M |
Vanguard | 1.68M | $92.08M |
STT State Street | 1.62M | $89.01M |
Dimensional Fund Advisors | 1.47M | $80.57M |
GS Goldman Sachs | 1.08M | $59.06M |
Nantahala Capital Management | 869.99K | $47.78M |
Epoch Investment Partners | 649.72K | $35.68M |
Geode Capital Management | 574.58K | $31.56M |
Financial report summary
?Competition
Bancorp Inc. (The)Management Discussion
- •On March 29, 2022, the Company announced it is changing its name to Pathward Financial, Inc.™, and its bank subsidiary, MetaBank®, N.A., will be changing its name to Pathward™, N.A. Certain changes will be made immediately, with a full transition to Pathward expected by the end of this calendar year, including the launch of a new brand identity and website. The Company will continue to serve its customers under existing brand names during the transition. The Company recognized $2.8 million of pre-tax expenses related to rebranding efforts during the second quarter of fiscal 2022. The Company continues to estimate total rebranding expenses will range between $15 million and $20 million.
- •On April 27, 2022, Meta published its second annual ESG report. In addition to detailing the Company's community impact program and its diversity, equity, and inclusion initiatives, it contains enhanced quantitative reporting, which will be used to measure progress.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Bad
|
New words:
absent, April, conflict, consulting, custodian, depreciation, flat, floating, flow, geopolitical, military, Pathward, redemption, Russia, Ukraine, website
Removed:
Block, debit, efficacy, increasing, leased, legacy, low, residual
Financial reports
Current reports
8-K
Pathward Financial, Inc.™ Announces Results for 2022 Fiscal Third Quarter
27 Jul 22
8-K
Amendments to Articles of Incorporation or Bylaws
13 Jul 22
8-K
Meta Financial Group, Inc.® Declares Cash Dividend
18 May 22
8-K
Departure of Directors or Certain Officers
9 May 22
8-K
Meta Financial Group, Inc.® Announces Results for 2022 Fiscal Second Quarter
28 Apr 22
8-K
MetaBank Announces Name Change to Pathward
29 Mar 22
8-K
Meta Financial Group, Inc.® Declares Cash Dividend
24 Feb 22
8-K
Submission of Matters to a Vote of Security Holders
22 Feb 22
8-K
Regulation FD Disclosure
15 Feb 22
8-K
Meta Financial Group, Inc.® Announces Results for 2022 Fiscal First Quarter
26 Jan 22
Registration and prospectus
S-3ASR
Automatic shelf registration
28 Sep 21
425
Business combination disclosure
16 May 18
424B3
Prospectus supplement
26 Apr 18
S-4/A
Registration of securities issued in business combination transactions (amended)
19 Apr 18
S-4
Registration of securities issued in business combination transactions
18 Mar 18
S-8
Registration of securities for employees
23 Jan 18
425
Business combination disclosure
8 Jan 18
RW
Registration withdrawal request
27 Dec 16
RW
Registration withdrawal request
21 Dec 16
D
$25M in equity, sold $7.5M, 1 investor
22 Nov 16
Proxies
DEFA14A
Additional proxy soliciting materials
13 Jan 22
DEFA14A
Additional proxy soliciting materials
14 Jan 21
DEFA14A
Additional proxy soliciting materials
15 Jan 20
DEFA14A
Additional proxy soliciting materials
23 Dec 18
DEFA14A
Additional proxy soliciting materials
9 Jan 18
DEF 14A
Definitive proxy
3 Dec 17
Other
EFFECT
Notice of effectiveness
30 Apr 18
CORRESP
Correspondence with SEC
25 Apr 18
CORRESP
Correspondence with SEC
19 Apr 18
EFFECT
Notice of effectiveness
11 Jul 16
CORRESP
Correspondence with SEC
7 Jul 16
UPLOAD
Letter from SEC
4 Jul 16
CORRESP
Correspondence with SEC
15 Mar 16
EFFECT
Notice of effectiveness
15 Mar 16
CORRESP
Correspondence with SEC
10 Mar 16
CORRESP
Correspondence with SEC
7 Mar 16
Ownership
4
PATHWARD FINANCIAL / Michael Robert Kramer ownership change
11 Aug 22
4
PATHWARD FINANCIAL / Michael Robert Kramer ownership change
10 Aug 22
4
PATHWARD FINANCIAL / Charles C. Ingram ownership change
10 Aug 22
4
PATHWARD FINANCIAL / Michael Robert Kramer ownership change
5 Aug 22
4
PATHWARD FINANCIAL / Douglas J. Hajek ownership change
3 Aug 22
4
PATHWARD FINANCIAL / Glen William Herrick ownership change
2 Aug 22
4
PATHWARD FINANCIAL / Brett L. Pharr ownership change
2 Aug 22
4
PATHWARD FINANCIAL / Nadia Dombrowski ownership change
1 Aug 22
4
META FINANCIAL / Brett L. Pharr ownership change
5 Jul 22
4
META FINANCIAL / Brett L. Pharr ownership change
15 Jun 22
Transcripts
2022 Q3
Earnings call transcript
28 Jul 22
2022 Q2
Earnings call transcript
29 Apr 22
2022 Q1
Earnings call transcript
27 Jan 22
2021 Q4
Earnings call transcript
28 Oct 21
2021 Q3
Earnings call transcript
29 Jul 21
2021 Q2
Earnings call transcript
28 Apr 21
2021 Q1
Earnings call transcript
28 Jan 21
2020 Q4
Earnings call transcript
28 Oct 20
2020 Q3
Earnings call transcript
22 Jul 20
2020 Q2
Earnings call transcript
22 Apr 20
Reddit threads
1% excise tax on corporate buybacks likely to start Jan 1st 2023
10 Aug 22
What Are Your Moves Tomorrow, August 11, 2022
10 Aug 22
Jim Cramer recommends that BBBY should take advantage of the recent rally to sell 10 million shares. Cramer claims ‘with same store sales down an astounding 27%. almost nobody comes back from that. NOBODY.’ Do you agree that BBBY won’t recover?
10 Aug 22
$DAVE - CMO shows Positive Trends on LinkedIn BEFORE earnings release
10 Aug 22
Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock; just months earlier he planned no further Tesla stock sales
9 Aug 22
What Are Your Moves Tomorrow, August 10, 2022
9 Aug 22
Plantable Health Inc. (NEO: PLBL) (OTCQB: PLBLF) Reports Second Quarter Financial Results
9 Aug 22
Have almost 200k saved up. I'm young and dumb, what's the yolo? BBBY?
7 Aug 22
Borrow from Margin or use Futures
6 Aug 22
JFK ~ Ask not what your country can do for you – ask what you can do for your country,
5 Aug 22