Pathward Financial Results Presentation Deck
INTEREST RATE RISK MANAGEMENT
MARCH 31, 2021
65%
50%
35%
20%
5%
-10%
12-MONTH INTEREST RATE SENSITIVITY
FROM BASE NET INTEREST INCOME
+100
+200
Parallel Shock Ramp
EARNING ASSET PRICING ATTRIBUTES ¹
-100
32%
8%
18%
Fixed Rate > 1 Year
Fixed Rate < 1 Year
42%
+300
Floating or Variable
Federal Reserve Bank Deposits
(Floating or Variable)
Volume ($MM)
●
8,000
6,000
4,000
2,000
0
-2,000
Lower for longer rate environment -- focus is on
reducing wholesale funding and redeploying deposits
and assets into positive carry opportunities.
Interest rate risk shows asset sensitive balance sheet -
net interest income modeled under an instantaneous,
parallel rate shock and a gradual parallel ramp.
Management also employs rigorous modeling
techniques under a variety of yield curve shapes, twists
and ramps.
ASSET/LIABILITY GAP ANALYSIS
Month 1-12
Month 13-36
Period Variance
Month 37-60
Total Assets
¹ Fixed rate securities, loans and leases are shown for contractual periods less than 12 months and greater than 12 months.
26
QUARTERLY INVESTOR UPDATE | SECOND QUARTER FISCAL YEAR 2021 | NASDAQ: CASH
Month 61-180
Total LiabilitiesView entire presentation