Meta Financial Group, Inc. Provides Earnings Guidance for the Year 2019 and 2020
July 30, 2019 at 04:15 pm EDT
Share
Meta Financial Group, Inc. has provided earnings guidance for the year 2019 and 2020. The company announced that, as a result, GAAP earnings per share for fiscal 2019 is expected to be in the range of $2.37 to $2.52 per share.
The Company reaffirms the earnings outlook for fiscal year 2020 GAAP EPS to be in the range of $3.10 to $3.80.
Pathward Financial, Inc. is a financial holding company. The Company's subsidiary is Pathward, National Association (the Bank). The Bank operates through three segments: Consumer, Commercial, and Corporate Services/Other. The Consumer segment includes the banking as a service (BaaS) business line, which collaborates with partners to navigate payment and lending needs. The Bank's capabilities range from prepaid cards and deposit accounts to payment processing and consumer lending. The Bank offers a variety of installment and revolving consumer lending products through its credit solutions. The Commercial segment offers a variety of products through its working capital, equipment finance, structured finance and insurance premium finance lending solutions. The Corporate Services/Other segment includes certain shared services as well as treasury related functions, such as the investment portfolio, warehouse finance, wholesale deposit, and borrowings.