Pathward Financial Results Presentation Deck

ASSET QUALITY $ in millions $ in millions 0.67% $39.4 2Q20 0.87% $31.5 2Q20 Nonperforming Assets ("NPAs") 0.79% 0.64% $56.1 3Q20 INPAS 1.10% $39.3 3Q20 $48.0 INPLs 4Q20 Period Ended Nonperforming Loans ("NPLs") 0.97% NPAs / Total Assets $34.0 0.73% 4Q20 Period Ended $53.2 1Q21 ¹ Non-GAAP measures, see appendix for reconciliations. 24 1.18% $42.3 1Q21 NPLs/Total Loans 0.48% $46.7 2Q21 1.17% $43.5 2Q21 $ in millions Adjusted Net Charge-Offs ("NCOS")¹ Excludes Tax Services NCOS and Related Seasonal Average Loans 0.24% ● $2.2 2Q20 0.55% $4.9 3Q20 0.63% $5.5 4Q20 Period Ended 0.44% $3.8 1Q21 0.44% $3.8 INCOS -NCOS / Average Loans 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. QUARTERLY INVESTOR UPDATE | SECOND QUARTER FISCAL YEAR 2021 | NASDAQ: CASH 2Q21 Credit quality remains strong. Allowance for credit losses ("ACL") $98.9 million, or 2.70% of total loans and leases as of March 31, 2021. ACL 228% of nonperforming loans Legacy community bank hospitality and theater exposures ACL coverage of 5.70% Small ticket equipment finance ACL coverage of 5.30% For fiscal 2021 second quarter, $2.7 million of NCOs were related to small ticket nent finance relationships.

View entire presentation