QualityDipStocks / Finance · Major Banks
Pathward Financial CASH
Outside our quality screen, so we don’t track its dips. It’s 23% below its 52-week high.
Outside our quality screen, trading well below our fair value estimate.
Worth knowing
- Deepest drop from a 52-week high in over 3 years
- Share count down 13% in 2 years
From the data on this page, as of the last close. How we pick these
- Fair value est.
- $133.22+72%
- Market Value
- $76.83price +1%
- Off 52-wk high
- −23%
- Risk vs market
- Lowbeta 0.55
52-week range 33% of the way from its 52-week low to its high
Price $77.43Fair value est. $133.22Market Value $76.83
5 bullish · 4 bearish See why
Repriced or dip?
Mixed signals
The price is 23% below its 52-week high (Apr 20), but the business held up: shares outstanding fewer shares, each owns more.
Some numbers held up (shares outstanding fewer shares, each owns more), others slipped (revenue growth rate −3.6 pts). The price is 23% below its 52-week high.
The price is 23% below its 52-week high, and the business changed too: revenue growth rate −3.6 pts.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 7 numbers, high vs now
- Revenue, last 12 months$830M → $826M (−0.6%)about the same
- Revenue growth rate+2.7% → −0.8% a year (−3.6 pts)changed
- Earnings per share, 12 months$8.51 → $8.45 (−0.7%)about the same
- Shares outstanding−7.2% (fewer shares, each owns more)held up
- Stock vs its sector (Finance)stock −23%, sector median +6% since Apr 20changed
- Price fall vs business numbersprice −23%, revenue/EPS/FCF median −1% (shown, not scored)
- Valuation multipleP/E 11.7× at the high → 9.2× now (shown, not scored)
Business numbers as reported at the high (12 months to Dec 31, 2025) vs the latest filing (12 months to Jun 30, 2026). Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
52-wk high: P/E 11.7×; 52-wk low: P/E 8.6×; now: P/E 9.2×.
| High | Low | Now | |
|---|---|---|---|
| Price | $99.93Apr 20 | $66.47Nov 17 | $77.43 |
| P/E | 11.7× | 8.6× | 9.2× |
What this means: a lower P/E than at the high means you pay less for each dollar of profit than buyers did then.
How it’s computed
Banks, insurers and lenders: cash flow includes deposits and loans, so a cash-flow model doesn't fit; we show P/E at each point instead. P/E = that day's close × diluted shares / 12-month net income, using only the filings that were public on that day.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
How the range is computed
Financials model (residual income). Same residual-income model as the base: cost of equity 9.5% ±1 point and return on equity 17.8% ±2 points. Bear = 10.5% and 15.8%; bull = 8.5% and 19.8%. A model estimate from public filings, not a forecast of where the price will go.
Price is below even the bear case.
What the price implies To be worth today’s price, CASH would need a return on equity of about 13% a year; our estimate uses 18%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much CASH moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 2.3× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.55
- Volatility
- 29% vs 13% SPY
- Correlation SPY
- 0.25
- Correlation QQQ
- 0.09
How it ranks
Where CASH stands vs every one of the 2,467 stocks we cover that has the number. Longer bar = better.
Top quarter on 1 of 3 measures
- Discount to fair value estimate72% · price below our base caseTop 16%of 1,507
- Dividends + buybacks yield0.3% · cash paid out or used to retire shares, vs market capLowest 25%of 2,227
- Revenue growth, last 12 months−0.8% · vs the 12 months beforeLowest 12%of 2,184
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
DCF $133.22 · MV $76.83
Financials model (residual income): book value $47.83 a share on Jun 30, 2026, plus the earnings above a 9.5% cost of equity. ROE 17.8%, the average of 17.8% for the trailing 12 months to Jun 30, 2026 and 17.7% over fiscal 2021–2025, on average common equity; payout 3% of earnings (dividends 3%), so book grows by the retained rest; the return above 9.5% fades halfway toward 9.5% over 10 years, then grows at 3% (terminal value). From the 10-Q filed Aug 6, 2026.
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
ValuationOur residual-income fair value estimate is $133.22, 72% above the price.
Cash returnsShare count down 8.5% in a year.
ValuationP/E of 9.2× vs a 13.3× median for the 364 Finance companies we cover.
ProfitabilityReturn on equity of 21% over the last 12 months.
GrowthSales compounded 11% a year from FY2022 to FY2025.
Top bearish points 4 of 5
GrowthSales growth slowed to −1% over the last 12 months, from 11% a year over the prior three fiscal years.
Cash returnsDividend yield of 0.3%, below the 2.4% median for the 300 Finance companies we cover.
GrowthDiluted EPS grew 9.3% in the last fiscal year, below the 15% median for the 327 Finance companies we cover.
QualityDoesn’t pass our quality screen: no cash-flow data; sales down vs the year-ago quarter.
All fundamentals
P/E 9.2 · ROE 21% · Sales −1%
Valuation
- P/E
- 9.2×Finance median 13.3×
- Price / FCF
- n/acash flow isn't a clean measure for a bank
- FCF yield
- n/acash flow isn't a clean measure for a bank
- EV / EBITDA
- n/anot meaningful for a bank
- Price / sales
- 1.95×
- Price / book
- 1.89×
- Market cap
- $1.6Bprice × diluted shares
- Enterprise value
- $1.7B
Growth
- Revenue, 12 months
- $826Mnet interest income + noninterest income
- Sales growth, 12 months
- −0.8%vs the 12 months before
- Sales growth, 3 yrs
- +10.7%/yrfrom FY2022
- Diluted EPS, 12 months
- $7.99
- EPS growth, last FY
- +9.3%
- Net income, 12 months
- $176M
- Net income growth
- −2%12 months vs before
Profitability
- Gross margin
- n/anot meaningful for a bank
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- 21.3%
- FCF margin
- 82.8%
- Return on equity
- 21%
- Return on invested capital
- n/anot meaningful for a bank
Balance sheet
- Cash & short-term inv.
- $149M
- Total debt
- $201M
- Net cash
- n/anot meaningful for a bank
- Debt / equity
- n/adeposits/float make debt/equity not comparable for a bank
- Interest coverage
- n/anot meaningful for a bank
Cash flow & returns
- Free cash flow, 12 months
- $684M
- FCF growth, 12 months
- +146%
- Dividend yield
- 0.27%$4M paid
- Payout ratio
- 3%
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- −8.5%diluted shares vs a year ago
- Stock-based comp
- $12M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Pathward Financial’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
Sales −9%
- Return on equity21%
- Sales growth (latest quarter vs year-ago quarter)−9%
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $77.43
- 52-wk lowlowest close, 1 year$66.47−14.2%
- Market Valueavg paid since Oct 21$76.83−0.8%
- PriceMon Nov 2 close$77.43you are here
- 52-wk highhighest close, 1 year$99.93+29.1%
- Fair value est.base case$133.22+72.0%
Momentum & 52-week range
RSI 57 · 5 days −1.2%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
CASH is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Pathward Financial in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 5:14 PM ET.
Compare with peers
Closest in size in Major Banks
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.