Meta Financial Group Inc
Pathward Financial, Inc. operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. It operates through three segments: Consumer, Commercial, and Corporate Services/Other. The company offers demand deposit accounts, savings accounts, and money market savings accounts. It also provides commercial finance product… Read more
Meta Financial Group Inc (CASH) - Net Assets
Latest net assets as of December 2025: $853.71 Million USD
Based on the latest financial reports, Meta Financial Group Inc (CASH) has net assets worth $853.71 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.56 Billion) and total liabilities ($6.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $853.71 Million |
| % of Total Assets | 11.29% |
| Annual Growth Rate | 10.67% |
| 5-Year Change | -1.66% |
| 10-Year Change | 155.98% |
| Growth Volatility | 22.96 |
Meta Financial Group Inc - Net Assets Trend (1993–2025)
This chart illustrates how Meta Financial Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meta Financial Group Inc (1993–2025)
The table below shows the annual net assets of Meta Financial Group Inc from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $857.45 Million | +2.13% |
| 2024-09-30 | $839.61 Million | +29.05% |
| 2023-09-30 | $650.62 Million | +0.85% |
| 2022-09-30 | $645.14 Million | -26.01% |
| 2021-09-30 | $871.88 Million | +2.90% |
| 2020-09-30 | $847.31 Million | +0.40% |
| 2019-09-30 | $843.96 Million | +12.87% |
| 2018-09-30 | $747.73 Million | +72.09% |
| 2017-09-30 | $434.50 Million | +29.71% |
| 2016-09-30 | $334.98 Million | +23.45% |
| 2015-09-30 | $271.33 Million | +55.22% |
| 2014-09-30 | $174.80 Million | +22.25% |
| 2013-09-30 | $142.98 Million | -1.97% |
| 2012-09-30 | $145.86 Million | +81.02% |
| 2011-09-30 | $80.58 Million | +11.84% |
| 2010-09-30 | $72.04 Million | +52.17% |
| 2009-09-30 | $47.34 Million | +3.52% |
| 2008-09-30 | $45.73 Million | -4.92% |
| 2007-09-30 | $48.10 Million | +6.65% |
| 2006-09-30 | $45.10 Million | +4.98% |
| 2005-09-30 | $42.96 Million | -9.13% |
| 2004-09-30 | $47.27 Million | +9.86% |
| 2003-09-30 | $43.03 Million | -3.49% |
| 2002-09-30 | $44.59 Million | +1.97% |
| 2001-09-30 | $43.73 Million | +9.22% |
| 2000-09-30 | $40.04 Million | +0.59% |
| 1999-09-30 | $39.80 Million | -5.91% |
| 1998-09-30 | $42.30 Million | -2.76% |
| 1997-09-30 | $43.50 Million | +0.69% |
| 1996-09-30 | $43.20 Million | +13.68% |
| 1995-09-30 | $38.00 Million | +9.51% |
| 1994-09-30 | $34.70 Million | +3.89% |
| 1993-09-30 | $33.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meta Financial Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2107.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $359.83 Million | 41.94% |
| Common Stock | $228.00K | 0.03% |
| Other Comprehensive Income | $-145.46 Million | -16.95% |
| Other Components | $643.45 Million | 74.99% |
| Total Equity | $858.04 Million | 100.00% |
Meta Financial Group Inc Competitors by Market Cap
The table below lists competitors of Meta Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Technology & Materials Co Ltd
SHE:000969
|
$1.95 Billion |
|
Extreme Networks Inc
NASDAQ:EXTR
|
$1.95 Billion |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
$1.95 Billion |
|
LandBridge Company LLC
NYSE:LB
|
$1.95 Billion |
|
Park Hotels & Resorts Inc
NYSE:PK
|
$1.95 Billion |
|
Bandhan Bank Limited
NSE:BANDHANBNK
|
$1.95 Billion |
|
Yifeng Pharmacy
SHG:603939
|
$1.94 Billion |
|
Danieli & C RSP
LSE:0N4I
|
$1.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meta Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 839,882,000 to 858,045,000, a change of 18,163,000 (2.2%).
- Net income of 185,872,000 contributed positively to equity growth.
- Dividend payments of 4,686,000 reduced retained earnings.
- Share repurchases of 163,047,000 reduced equity.
- Other comprehensive income increased equity by 7,933,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $185.87 Million | +21.66% |
| Dividends Paid | $4.69 Million | -0.55% |
| Share Repurchases | $163.05 Million | -19.0% |
| Other Comprehensive Income | $7.93 Million | +0.92% |
| Other Changes | $-7.91 Million | -0.92% |
| Total Change | $- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Meta Financial Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 35.48x to 2.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-09-30 | $2.56 | $90.85 | x |
| 1994-09-30 | $3.80 | $90.85 | x |
| 1995-09-30 | $4.85 | $90.85 | x |
| 1996-09-30 | $5.40 | $90.85 | x |
| 1997-09-30 | $5.10 | $90.85 | x |
| 1998-09-30 | $5.19 | $90.85 | x |
| 1999-09-30 | $5.25 | $90.85 | x |
| 2000-09-30 | $5.33 | $90.85 | x |
| 2001-09-30 | $5.95 | $90.85 | x |
| 2002-09-30 | $6.00 | $90.85 | x |
| 2003-09-30 | $5.74 | $90.85 | x |
| 2004-09-30 | $6.20 | $90.85 | x |
| 2005-09-30 | $5.89 | $90.85 | x |
| 2006-09-30 | $5.96 | $90.85 | x |
| 2007-09-30 | $6.12 | $90.85 | x |
| 2008-09-30 | $5.76 | $90.85 | x |
| 2009-09-30 | $6.07 | $90.85 | x |
| 2010-09-30 | $7.97 | $90.85 | x |
| 2011-09-30 | $8.62 | $90.85 | x |
| 2012-09-30 | $13.97 | $90.85 | x |
| 2013-09-30 | $8.52 | $90.85 | x |
| 2014-09-30 | $9.40 | $90.85 | x |
| 2015-09-30 | $13.31 | $90.85 | x |
| 2016-09-30 | $13.21 | $90.85 | x |
| 2017-09-30 | $15.57 | $90.85 | x |
| 2018-09-30 | $24.12 | $90.85 | x |
| 2019-09-30 | $21.58 | $90.85 | x |
| 2020-09-30 | $23.67 | $90.85 | x |
| 2021-09-30 | $27.42 | $90.85 | x |
| 2022-09-30 | $22.07 | $90.85 | x |
| 2023-09-30 | $24.20 | $90.85 | x |
| 2024-09-30 | $33.33 | $90.85 | x |
| 2025-09-30 | $36.48 | $90.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meta Financial Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.13%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 8.36x
- Recent ROE (21.66%) is above the historical average (9.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 5.69% | 14.39% | 0.08x | 4.81x | $-1.44 Million |
| 1994 | 8.07% | 17.18% | 0.06x | 7.90x | $-670.00K |
| 1995 | 9.21% | 14.96% | 0.09x | 6.95x | $-300.00K |
| 1996 | 5.56% | 9.30% | 0.07x | 8.98x | $-1.92 Million |
| 1997 | 8.28% | 11.73% | 0.08x | 9.30x | $-750.00K |
| 1998 | 6.62% | 8.24% | 0.08x | 9.89x | $-1.43 Million |
| 1999 | 6.53% | 6.97% | 0.07x | 12.84x | $-1.38 Million |
| 2000 | 5.81% | 5.89% | 0.08x | 12.63x | $-1.68 Million |
| 2001 | 4.37% | 4.81% | 0.08x | 11.96x | $-2.46 Million |
| 2002 | 4.84% | 5.64% | 0.06x | 13.63x | $-2.30 Million |
| 2003 | 7.89% | 8.77% | 0.05x | 17.95x | $-906.10K |
| 2004 | 8.43% | 10.02% | 0.05x | 16.52x | $-740.35K |
| 2005 | -2.15% | -2.21% | 0.05x | 18.06x | $-5.22 Million |
| 2006 | 8.18% | 7.15% | 0.07x | 16.43x | $-821.90K |
| 2007 | 2.43% | 1.96% | 0.09x | 14.26x | $-3.64 Million |
| 2008 | -2.24% | -1.37% | 0.10x | 15.53x | $-5.60 Million |
| 2009 | -3.09% | -1.26% | 0.14x | 17.63x | $-6.20 Million |
| 2010 | 17.20% | 9.08% | 0.13x | 14.29x | $5.19 Million |
| 2011 | 5.76% | 6.33% | 0.06x | 15.83x | $-3.42 Million |
| 2012 | 11.73% | 19.12% | 0.05x | 11.30x | $2.53 Million |
| 2013 | 9.38% | 17.01% | 0.05x | 11.83x | $-880.40K |
| 2014 | 8.99% | 18.51% | 0.04x | 11.75x | $-1.77 Million |
| 2015 | 6.65% | 17.48% | 0.04x | 9.32x | $-9.08 Million |
| 2016 | 9.92% | 21.96% | 0.04x | 11.96x | $-277.50K |
| 2017 | 10.34% | 18.64% | 0.05x | 12.03x | $1.47 Million |
| 2018 | 6.94% | 17.02% | 0.05x | 7.84x | $-22.80 Million |
| 2019 | 11.55% | 18.87% | 0.08x | 7.36x | $13.01 Million |
| 2020 | 12.41% | 21.95% | 0.08x | 7.22x | $20.35 Million |
| 2021 | 16.27% | 27.51% | 0.08x | 7.68x | $54.64 Million |
| 2022 | 23.43% | 28.88% | 0.08x | 10.46x | $86.62 Million |
| 2023 | 25.11% | 28.34% | 0.08x | 11.56x | $98.45 Million |
| 2024 | 21.81% | 27.39% | 0.09x | 8.99x | $99.23 Million |
| 2025 | 21.66% | 27.13% | 0.10x | 8.36x | $100.07 Million |
Industry Comparison
This section compares Meta Financial Group Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meta Financial Group Inc (CASH) | $853.71 Million | 5.69% | 7.86x | $1.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |