External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>Pathward Financial, Inc. is a BaaS company that partners with prepaid card issuers to provide prepaid card services to consumers and businesses</li><li>Prepaid cards are used for various purposes such as fintech apps, payroll, gift cards, or rebates, with Pathward acting as the banking sponsor for these programs</li><li>Pathward earns revenue through collecting deposits, investing in higher-yielding assets, and earning revenue from payments such as interchange fees, with impressive financial metrics including an adjusted NIM of 4.5% and ROTE of 30%</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Pathward Financial, Inc. is a BaaS company that partners with prepaid card issuers to provide prepaid card services to consumers and businessesPrepaid cards are used for various purposes such as fintech apps, payroll, gift cards, or rebates, with Pathward acting as the banking sponsor for these programsPathward earns revenue through collecting deposits, investing in higher-yielding assets, and earning revenue from payments such as interchange fees, with impressive financial metrics including an adjusted NIM of 4.5% and ROTE of 30%This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Pathward Financial Inc (CASH) - Sunday, Mar 17, 2024

Research and consultancy, Tabbush Report

Daniel Tabbush

Research and consultancy

Tabbush Report

We provide research and consultancy on Asian banks. Our focus is on what we call “Asian bank research, without the noise.” We are interested in the most critical swing-factors for banks, the NPL and credit cycle, and where we believe there is a gap between perception and reality. We often focus on the less studied components of bank financial statements.  Our research is highly thematic, sometimes examining unlisted banks and companies as a window on mainstream banks. 

Being independent allows us to look at smaller banks, often overlooked by others. Analysis of BIS bank guidelines in the context of Asia, is also a focal point, while we also analyze global banks operating in the region. We use what we believe is the most comprehensive, reliable financials database, SNL Financial. S&P Capital IQ augments our database, with corporate data and CEIC, with economics. 

Asian bank research, without the noise.

Thematic (Sector/Industry)

We are far from the dire days in February, March and April 2020. During that time it was all about size and pace of new central bank support packages and government fiscal stimulus. We should not lose sight of the fact that these monies continue to make banks incredibly liquid. The ability to lend into the current recovery is unprecedented.

We are far from the dire days in February, March and April 2020. During that time it was all about size and pace of new central bank support packages and government fiscal stimulus. We should not lose sight of the fact that these monies continue to make banks incredibly liquid. The ability to lend into the current recovery is unprecedented. 

US Banks – Lending Ability Unprecedented

United States

Pathward Financial, Inc. operates as a holding company for a federally chartered savings bank. The Company, through its subsidiary, provides banking activities including accepting deposits, offering loans, and providing numerous other related financial products and services. Pathward Financial focuses on commercial, agricultural, and retail customers

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Pathward Financial (CASH US)

Pathward Financial Inc (CASH) - Sunday, Mar 17, 2024

Pathward Financial, Inc. is a BaaS company that partners with prepaid card issuers to provide prepaid card services to consumers and businesses

Value Investors Club

US Banks – Lending Ability Unprecedented

We must expect some banks to see major loan-to-deposit ratio (LDR) expansion. Banks with exceptionally low LDR’s now and compared with their own...

Daniel Tabbush

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)