Pathward Financial Results Presentation Deck

Asset Quality 19 Nonperforming Assets ("NPAs") ($ in millions) 0.58% $44.3 1Q22 1.16% $43.2 0.56% 1Q22 $38.3 2Q22 INPAS 0.95% Nonperforming Loans ("NPLs") ($ in millions) $35.8 2Q22 0.40% INPLs $26.8 3Q22 Period Ended 0.71% NPAS/ Total Assets $26.6 3Q22 0.46% Period Ended $30.9 4Q22 0.82% $29.2 4Q22 NPLs/Total Loans Pathward Financial, Inc. (Nasdaq: CASH) | Quarterly Investor Presentation 0.68% $45.0 1Q23 1.16% $40.9 1Q23 ● • ● Adjusted Net Charge-Offs ("NCOS")¹ Excludes Tax Services NCOs and Related Seasonal Average Loans ($ in millions) ● 0.48% $3.4 1Q22 0.37% 0.68% $11.4 2Q22 1.25% 0.71% 0.46% $4.2 3Q22 KEY CREDIT METRICS Annualized adjusted net charge-offs¹: 0.25% of average loans in 1Q23 0.61% of average loans over last 12 months Period Ended Adj. NCOS -Adj. NCOS / Adj. Average Loans - LTM 0.63% $4.1 4Q22 0.45% 0.61% 0.25% $2.2 1Q23 -Adj. NCOS / Adj. Average Loans Allowance for credit loss of $52.6 million, or 1.50% of total loans and leases, a 34bps decrease from the prior year. Increase in the 1Q23 allowance for credit loss compared to 4Q22 was attributable to an increase in the commercial finance coverage ratio due to the specific reserve on an individually evaluated loan relationship. The increase in NPAs / NPLs was driven by an increase in nonperforming commercial finance loans. Tax services and consumer finance both improved in 1Q23 as compared to 4Q22. 1 Non-GAAP financial measures, see appendix for reconciliations. Tax services NCOS and related seasonal average loans are excluded to adjust for the cyclicality of activity related to the overall economics of the tax services business line. pathward

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