Pathward Financial Results Presentation Deck
FIRST QUARTER BUSINESS HIGHLIGHTS &
KEY STRATEGIC INITIATIVES
7
INCREASE PERCENTAGE OF
FUNDING FROM CORE DEPOSITS
Executing large, national
programs requiring Meta's
scale
Selected as issuing bank to
distribute Economic Impact
Payments ("EIP") on prepaid debit
cards.
Facilitator for H&R Block's suite of
financial services products.
OPTIMIZE INTEREST-EARNING
ASSET MIX
Focus on commercial finance
business lines
Sold Community Bank division in
fiscal 2020.
ā
Replacing community bank loans
with commercial finance loans and
leases.
IMPROVE OPERATING
EFFICIENCIES
Efficiency ratio improved to
62.2% from 68.2% a year prior
Driving optimization and
utilization of existing business
platforms.
Leveraging technology to help
drive future efficiencies.
ACHIEVED YEAR-OVER-YEAR NET INCOME AND EARNINGS PER SHARE GROWTH OF 33% AND 50%, RESPECTIVELY
RETURNED CAPITAL BY REPURCHASING OVER 1.8 MILLION SHARES IN THE FIRST QUARTER OF FISCAL 2021
QUARTERLY INVESTOR UPDATE | FIRST QUARTER FISCAL YEAR 2021 | NASDAQ: CASHView entire presentation