Meta Financial Group, Inc. Reports Un-Audited Consolidated Earnings Results for the First Quarter Ended December 31, 2020
January 26, 2021
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Meta Financial Group, Inc. reported un-audited consolidated earnings results for the first quarter ended December 31, 2020. For the quarter, the company reported interest and dividend income of $68.1 million compared to $77.6 million a year ago. Net interest income was $65.99 million compared to $64.7 million a year ago. Net income attributable to parent was $28.0 million or $0.84 per basic share compared to $21.1 million or $0.56 per basic share a year ago.
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.
PATHWARD FINANCIAL, INC. 
