Pathward Financial: Compounding Done The Boring Way (NASDAQ:CASH)

The article mentions the stock of Pathward (NASDAQ:CASH). The author's recommendation is not explicitly stated in the article.

The author's core argument is that Pathward is a top US bank with strong financial metrics, including a high net interest margin (NIM) and return on equity (ROE), as well as a funding base of non-interest bearing deposits. The author also highlights the regulatory advantages that Pathward has, such as exemption from high debit card fees and the ability to enjoy high interchange fees. The article discusses the mix shift and rate rises that have increased Pathward's profitability. It also discusses the acquisition of Crestmark and how it has allowed Pathward to shift towards higher yielding loans. The author provides information on Pathward's lending breakdown, interest-yielding assets, funding sources, and simplified income statement. The risks associated with investing in Pathward are also mentioned in the article.