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PARENT COMPANY FINANCIAL STATEMENTS (Tables) | 12 Months Ended
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Sep. 30, 2025
Condensed Financial Information Disclosure [Abstract] |
Condensed Statements of Financial Condition | Presented below are the condensed financial statements for the parent company, Pathward Financial, Inc.
Condensed Statements of Financial Condition |  |  |
(Dollars in thousands) | September 30, 2025 |  | September 30, 2024
ASSETS |  |  |
Cash and cash equivalents | $ | 1,445 |  |  | $ | 1,898 |
Securities held to maturity, at amortized cost | 11,618 |  |  | 10,896 |
Investment in subsidiaries | 885,348 |  |  | 848,427 |
Other assets | 1,175 |  |  | 2,263 |
Total assets | $ | 899,586 |  |  | $ | 863,484 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |
LIABILITIES |  |  |
Long-term borrowings | $ | 33,456 |  |  | $ | 33,354 |
Other liabilities | 8,676 |  |  | 7,941 |
Total liabilities | 42,132 |  |  | 41,295 |
STOCKHOLDERS' EQUITY |  |  |
Common stock | 228 |  |  | 248 |
Additional paid-in capital | 648,330 |  |  | 638,803 |
Retained earnings | 359,830 |  |  | 337,058 |
Accumulated other comprehensive loss | (145,461) |  |  | (153,394) |
Treasury stock, at cost | (4,882) |  |  | (249) |
Total equity attributable to parent | 858,045 |  |  | 822,466 |
Noncontrolling interest | (591) |  |  | (277) |
Total stockholders' equity | 857,454 |  |  | 822,189 |
Total liabilities and stockholders' equity | $ | 899,586 |  |  | $ | 863,484 |
Condensed Statements of Operations |
Condensed Statements of Operations |  |  |  |  |
| Fiscal Year Ended September 30,
(Dollars in thousands) | 2025 |  | 2024 |  | 2023
Interest expense | $ | 2,562 |  |  | $ | 2,667 |  |  | $ | 2,538 |
Other expense | 1,579 |  |  | 3,297 |  |  | 1,409 |
Total expense | 4,141 |  |  | 5,964 |  |  | 3,947 |
Loss before income taxes and equity in undistributed net income of subsidiaries | (4,141) |  |  | (5,964) |  |  | (3,947) |
Income tax benefit | (255) |  |  | (1,147) |  |  | (967) |
Loss before equity in undistributed net income of subsidiaries | (3,886) |  |  | (4,817) |  |  | (2,980) |
Equity in undistributed net income of subsidiaries | 188,802 |  |  | 186,879 |  |  | 146,389 |
Other income | 956 |  |  | 1,157 |  |  | (143) |
Total income | 189,758 |  |  | 188,036 |  |  | 146,246 |
Net income attributable to parent | $ | 185,872 |  |  | $ | 183,219 |  |  | $ | 143,266 |
Condensed Statements of Cash Flows |
Condensed Statements of Cash Flows |  |  |  |  |
| Fiscal Year Ended September 30,
(Dollars in thousands) | 2025 |  | 2024 |  | 2023
Cash flows from operating activities: |  |  |  |  |
Net income attributable to parent | $ | 185,872 |  |  | $ | 183,219 |  |  | $ | 143,266 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |  |  |  |  |
Depreciation, amortization and accretion, net | 102 |  |  | 102 |  |  | 102 |
Equity in undistributed net income of subsidiaries | (188,802) |  |  | (186,879) |  |  | (146,389) |
Net change in accrued interest receivable | — |  |  | 46 |  |  | (30) |
Net change in other assets | 1,088 |  |  | (997) |  |  | (354) |
Net change in accrued expenses and other liabilities | 735 |  |  | 1,315 |  |  | (1,793) |
Cash dividend received | 159,500 |  |  | 87,000 |  |  | 110,000 |
Stock compensation | 9,507 |  |  | 10,287 |  |  | 11,070 |
Net cash provided by operating activities | 168,002 |  |  | 94,093 |  |  | 115,872 |
Cash flows from investing activities: |  |  |  |  |
Alternative investments | (722) |  |  | (1,676) |  |  | (1,217) |
Net cash (used in) investing activities | (722) |  |  | (1,676) |  |  | (1,217) |
Cash flows from financing activities: |  |  |  |  |
Proceeds from long-term borrowings | — |  |  | — |  |  | (511) |
Dividends paid on common stock | (4,686) |  |  | (5,067) |  |  | (5,426) |
Issuance of common stock due to restricted stock | — |  |  | 2 |  |  | 1 |
Repurchases of common stock | (163,047) |  |  | (86,853) |  |  | (120,437) |
Net cash (used in) financing activities | (167,733) |  |  | (91,918) |  |  | (126,373) |
Net change in cash and cash equivalents | (453) |  |  | 499 |  |  | (11,718) |
Cash and cash equivalents at beginning of fiscal year | 1,898 |  |  | 1,399 |  |  | 13,117 |
Cash and cash equivalents at end of fiscal year | $ | 1,445 |  |  | $ | 1,898 |  |  | $ | 1,399 |

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