Meta Financial Group Boosts Earnings with Strategic Sale
Company Announcements

Meta Financial Group Boosts Earnings with Strategic Sale

Meta Financial Group ( (CASH) ) has provided an update.

Pathward Financial, Inc.’s subsidiary, Pathward, finalized the sale of its commercial insurance premium finance business for $603.3 million, enhancing its fiscal year 2025 earnings guidance to $7.25-$7.75 per share. This strategic move anticipates two interest rate cuts, a higher net interest margin than in 2024, and significant securities sales. The company aims to effectively deploy the capital from this sale while managing potential risks and delivering on expected returns, making it a compelling watch for investors.

For an in-depth examination of CASH stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyPathward Financial price target raised to $82 from $75 at Piper Sandler
TipRanks Auto-Generated NewsdeskMeta Financial Group Achieves Strong Fiscal 2024 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App