Pathward Financial(CASH)
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Are You Looking for a Top Momentum Pick? Why Pathward Financial (CASH) is a Great Choice
ZACKS· 2024-07-27 01:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
GATES CAPITAL MANAGEMENT BELIEVES $42 ALL-CASH OFFER FOR VISTA OUTDOOR IS SUPERIOR TO THE PROPOSED SALE OF THE KINETIC GROUP TO CSG
Prnewswire· 2024-07-26 20:30
Reiterates Intention to Vote AGAINST the CSG ProposalRecently Released Financial Results from Vista Make It Clear That Selling the Entire Company Provides Shareholders a Better Return Than Divesting The Kinetic GroupNEW YORK, July 26, 2024 /PRNewswire/ -- Gates Capital Management, Inc. ("Gates Capital Management" or "we"), an event-driven alternative asset manager that beneficially owns 5,589,041 shares of common stock, or approximately 9.6%, of Vista Outdoor, Inc. ("Vista" or the "Company") (NYSE: VSTO), t ...
HERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND
Prnewswire· 2024-07-25 20:00
Second Quarter 2024 HighlightsNet income was $14.2 million, or $0.41 per diluted share, for the second quarter compared to $5.7 million, or $0.16 per diluted share, for the first quarter.The second quarter results include a loss on sale of securities of $1.9 million, or $0.04 per diluted share.Loans receivable increased $104.5 million, or 2.4% (9.5% annualized), during the second quarter.Net interest margin was 3.29% for the second quarter compared to 3.32% for the first quarter.Cost of total deposits was 1 ...
Pathward Financial(CASH) - 2024 Q3 - Earnings Call Transcript
2024-07-25 10:18
财务数据和关键指标变化 - 净收入为41.8百万美元,每股摊薄收益为1.66美元,较去年同期增长14% [13] - 净息差和调整后净息差分别扩大至6.56%和4.92%,较去年同期和上一季度均有所增加 [14] - 前9个月平均资产收益率为2.33%,平均有形权益收益率为47.3%,较去年同期分别为2.46%和50.8% [15] 各条业务线数据和关键指标变化 - 商业金融贷款和租赁的新发放收益率为8.58%,较上一季度的8.19%有所提升 [32] - 保险费融资业务的季节性更新期收益率较低,拉低了整体新发放收益率 [32] - 贷款和租赁总额为46亿美元,较去年同期增长13%,主要来自营运资金和政府担保贷款 [39] - 与3月31日相比,贷款和租赁总额增加约2亿美元,主要来自保险费融资、可再生能源、营运资金和仓单融资 [40] 各个市场数据和关键指标变化 - 表内存款总额为64亿美元,较去年同期增加1.25亿美元 [37] - 表外托管存款从去年的7.81亿美元下降至3.53亿美元,较上一季度下降约8.4亿美元,预计将继续呈现季节性下降趋势 [38] 公司战略和发展方向及行业竞争 - 公司将继续优化资产组合,向公司有竞争优势的领域倾斜 [25] - 持续投资技术,确保平台能够随着合作伙伴的创新和扩张而不断发展和扩展 [26] - 将人才和文化视为公司最重要的资产,保持"任何地方的人才"的组织方式 [27] - 建立了强大的风险合规框架和文化,在行业内具有竞争优势 [28] - 公司正在应对行业监管环境更加严格的挑战 [28] - 公司正在应对一些小型金融科技公司面临的困境,保持谨慎选择合作伙伴 [63][64][65][66] 管理层对经营环境和未来前景的评论 - 公司将继续执行2024年开始的多项举措,为2025年的增长奠定基础 [24] - 预计2025财年每股摊薄收益将在7-7.5美元之间 [29] - 2025财年的假设包括:9月将有一次降息、税率为18%-22%、继续进行股票回购 [44] - 2025财年的收益将更多集中在下半年 [44] 其他重要信息 - 公司再次获得"优秀工作场所"认证,远程工作政策是员工最看重的四大优势之一 [27] - 公司将2024财年每股收益指引收窄至6.40-6.60美元 [15][42] 问答环节重要的提问和回答 问题1 **Tim Switzer 提问** 询问2025年费用展望以及在收入不如预期时可采取的措施 [45] **Greg Sigrist 回答** - 预计人力和技术投入将温和增加,但会努力通过其他方面的节省来自我资助 [46][47] - 与存款相关的费用将根据历史季节性趋势进行预测 [49] - 对BaaS业务的期望较为谨慎,将在下半年逐步体现 [50] 问题2 **Frank Schiraldi 提问** 询问资产旋转和存款增长的具体情况 [57] **Greg Sigrist 回答** - 前半年贷款增长预计将保持10%-15%的历史趋势 [58] - 下半年BaaS存款有望有所增加,但幅度较为温和 [59][60][61] 问题3 **David Feaster 提问** 询问公司是否有加大证券组合出售的意愿 [83] **Greg Sigrist 回答** - 公司的意愿并未发生变化,可能会根据市场机会进行一些小规模的出售 [84] - 公司将继续利用证券组合的现金流,结合贷款组合的增长,为整体资产的扩张提供支持 [84]
Pathward Financial(CASH) - 2024 Q3 - Earnings Call Presentation
2024-07-25 09:32
QUARTERLY INVESTOR UPDATE THIRD QUARTER FISCAL YEAR 2024 FORWARD LOOKING STATEMENTS This investor update and our comments during the investor conference call contain "forward-looking statements" which are made in good faith by Pathward Financial, Inc.TM (the "Company") pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as "may," "hope," "will," "should," "expect," "plan," "anticipate," "intend," "believe ...
Pathward Financial (CASH) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-07-25 07:00
Pathward Financial (CASH) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.67%. A quarter ago, it was expected that this holding company for Meta Bank would post earnings of $2.37 per share when it actually produced earnings of $2.56, delivering a surprise of 8.02%.Over the last fou ...
Pathward Financial(CASH) - 2024 Q3 - Quarterly Results
2024-07-25 04:10
财务表现 - 公司第三季度总收入为1.767亿美元,同比增长7%,主要由于净利息收入增加所致[5] - 第三季度净利息收入增加14%至1.109亿美元,主要由于收益率上升、生息资产平均余额增加和资产组合改善所致[11] - 第三季度非利息收入下降3%至6,590万美元,主要由于存款和卡费收入下降所致[15] - 第三季度非利息支出增加8%至1.237亿美元,主要由于卡处理费用、其他费用和人工成本增加所致[17] - 公司税前利润为4,717万美元,较上年同期下降42.5%[67] - 公司净利润为4,184万美元,较上年同期下降7.3%[68] - 公司每股基本收益为1.66美元,较上年同期下降1.8%[68] 资产质量 - 公司总贷款和租赁占比下降至1.73%,主要受商业金融组合影响[30] - 公司第三季度信贷损失准备金计提5.9百万美元,主要由于商业金融组合计提增加6.5百万美元[33] - 公司不良资产占总资产的比例为0.61%,较上一季度上升[40,41] - 公司不良贷款和租赁占总贷款和租赁的比例为0.96%,较上一季度上升[42] 资金来源 - 公司存款总额增加2%至64.3亿美元,主要由于非计息存款和批发存款增加[48] - 公司管理的其他银行客户存款为3.53亿美元,较上一季度有所下降[50] 资本充足性 - 公司及其子公司Pathward®, N.A.("银行")在2024年6月30日仍高于联邦监管最低资本要求,并继续被归类为资本充足,与监管机构保持良好关系[51] - 公司和银行的监管资本比率列于下表,监管资本不受累计其他综合收益("AOCI")未实现损失的影响[51,53] - 公司和银行在2024年6月30日的监管资本比率为初步数据,需待完成监管报告后确定[53,54] 其他 - 公司在第三季度回购了28.692万股普通股,截至6月30日,尚有738.2743万股可回购[8] - 税务服务产品收入同比增加3%至8.2亿美元,主要由于预付税款费用收入增加所致[9] - 公司在第三季度新增4.3百万美元可再生能源租赁,获得120万美元投资税收抵免[20] - 公司证券投资组合主要由可摊销证券组成,应提供稳定的现金流,公司无意出售这些证券或在收益表上确认未实现损失来为未来贷款增长提供资金[51] - 公司将于2024年7月24日举行财报电话会议和网络直播,并在公司网站上提供相关投资者演示文稿[57,58] - 公司将参加2024年9月5日在芝加哥举行的雷蒙德詹姆斯美国银行和银行科技会议[59]
WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
Prnewswire· 2024-07-25 04:05
TORONTO, July 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.285 U.S. per common share of the Company. The regular quarterly cash dividend will be paid on August 22, 2024 to shareholders of record at the close of business on August 7, 2024. The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount ...
ADECOAGRO S.A. COMMENCES CASH TENDER OFFER FOR UP TO US$100.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.00% SENIOR NOTES DUE 2027
Prnewswire· 2024-07-22 21:24
LUXEMBOURG, July 22, 2024 /PRNewswire/ -- Adecoagro S.A., a joint stock corporation (société anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg, with registered office at 28, Boulevard F.W. Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Trade and Companies (the Luxembourg Registre de Commerce et des Sociétés) under number B153681 (the "Issuer"), announces that it has commenced a cash tender offer (the "Tender Offer") fo ...
DIVIDEND ALERT: US$1.098 CASH DIVIDEND TO BE DISTRIBUTED TO ChipMOS ADS HOLDERS PRE-WITHHOLDING TAX AND FEES
Prnewswire· 2024-07-22 18:00
HSINCHU, July 22, 2024 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 andNasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), announced a US$1.098 cash dividend per ADS (or approximately US$0.848 per ADS after the Taiwan withholding tax and Citibank, N.A.'s depositary fees) will be distributed on July 26, 2024.ADS holders are encouraged to check with their securities brokers for receipt of ...