Pathward Financial Results Presentation Deck
NON-GAAP RECONCILIATIONS
EIP-RELATED ADJUSTMENTS
25
NET INTEREST MARGIN
Average interest-earning assets
Net interest income
Net interest margin
Interest-earning assets
LESS: Cash adjustment
EIP-ADJUSTED AVERAGE INTEREST-EARNING ASSETS
Net interest income
LESS: Cash interest adjustment
EIP-ADJUSTED NET INTEREST INCOME
EIP-ADJUSTED NET INTEREST MARGIN
RETURN ON AVERAGE ASSETS ("ROAA")
Net income
Average assets
ROAA
LESS: Cash adjustment
EIP-ADJUSTED AVERAGE ASSETS
EIP-ADJUSTED ROAA
DECEMBER 31, 2020
5,636,445
65,999
4.65%
ADJUSTMENT FOR EIP-RELATED ASSETS
5,636,445
624,857
5,011,588
65,999
157
65,842
5.21%
1.73%
624,857
5,856,966
THREE MONTHS ENDED
SEPTEMBER 30, 2020
6,806,366
1.91%
64,513
3.77%
6,806,366
1,573,727
5,232,639
DECEMBER 31, 2020 SEPTEMBER 30, 2020
28,037
6,481,823
13,158
7,672,773
64,513
396
64,177
4.87%
0.69%
1,573,727
6,099,046
0.86%
JUNE 30, 2020
7,608,616
62,137
3.28%
QUARTERLY INVESTOR UPDATE | FIRST QUARTER FISCAL YEAR 2021 | NASDAQ: CASH
7,608,618
2,323,425
5,285,193
62,137
578
61,559
4.68%
JUNE 30, 2020
18,190
8,439,206
0.86%
2,323,425
6,115,781
1.19%View entire presentation