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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 16, 2023
PATHWARD FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
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| Delaware |
0-22140 |
42-1406262 |
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(Commission File Number) |
(IRS Employer Identification No.) |
5501 South Broadband Lane, Sioux Falls, South Dakota 57108
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (877) 497-7497
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| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Trading Symbol(s) |
Name of each exchange on which registered |
| Common Stock, $.01 par value |
CASH |
The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On November 16, 2023, the Registrant issued a press release announcing declaration of a cash dividend for the first quarter of its fiscal year 2024. A copy of the press release is attached hereto as Exhibit 99.1 as incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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| Exhibit Number |
Description of Exhibit |
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Registrant's Press Release dated November 16, 2023. |
| 104 |
Cover Page Interactive Data File (the cover page iXBRL tags are embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PATHWARD FINANCIAL, INC. |
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| Date: November 16, 2023 |
By: |
/s/ Glen W. Herrick |
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Glen W. Herrick |
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Executive Vice President and Chief Financial Officer |
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EX-99.1
2
ex991dividendpressrelease1.htm
EX-99.1
Document
Exhibit 99.1
Pathward Financial, Inc. Declares Cash Dividend
SIOUX FALLS, S.D., November 16, 2023 - Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH) announced that the Company will pay a cash dividend of $0.05 per share for the first fiscal quarter of 2024. This dividend will be payable on January 2, 2024 to shareholders of record as of December 12, 2023.
At September 30, 2023, the Company had total assets of $7.54 billion and shareholders’ equity of $650.6 million.
This press release and other important information about the Company are available at www.pathwardfinancial.com.
About Pathward Financial, Inc.
Pathward Financial, Inc. (Nasdaq: CASH) is a U.S.-based financial holding company driven by its purpose to power financial inclusion. Through our subsidiary, Pathward®, N.A., we strive to increase financial availability, choice and opportunity across our Banking as a Service and Commercial Finance business lines. These strategic business lines provide end-to-end support to individuals and businesses. Learn more at www.pathwardfinancial.com.
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| Investor Relations Contact |
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| Darby Schoenfeld, CPA |
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| SVP, Investor Relations |
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877-497-7497 |
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| investorrelations@pathward.com |
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| Media Relations Contact |
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| mediarelations@pathward.com |
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