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PARENT COMPANY FINANCIAL STATEMENTS (Tables)
 12 Months Ended
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, 2025September 30, 2024
ASSETS
Cash and cash equivalents$1,445 $1,898 
Securities held to maturity, at amortized cost11,618 10,896 
Investment in subsidiaries885,348 848,427 
Other assets1,175 2,263 
Total assets$899,586 $863,484 
LIABILITIES AND STOCKHOLDERS' EQUITY  
LIABILITIES  
Long-term borrowings$33,456 $33,354 
Other liabilities8,676 7,941 
Total liabilities42,132 41,295 
STOCKHOLDERS' EQUITY  
Common stock228 248 
Additional paid-in capital648,330 638,803 
Retained earnings359,830 337,058 
Accumulated other comprehensive loss(145,461)(153,394)
Treasury stock, at cost(4,882)(249)
Total equity attributable to parent858,045 822,466 
Noncontrolling interest(591)(277)
Total stockholders' equity857,454 822,189 
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)202520242023
Interest expense$2,562 $2,667 $2,538 
Other expense1,579 3,297 1,409 
Total expense4,141 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 subsidiaries188,802 186,879 146,389 
Other income956 1,157 (143)
Total income189,758 188,036 146,246 
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)202520242023
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 assets1,088 (997)(354)
Net change in accrued expenses and other liabilities735 1,315 (1,793)
Cash dividend received159,500 87,000 110,000 
Stock compensation9,507 10,287 11,070 
Net cash provided by operating activities168,002 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 year1,898 1,399 13,117 
Cash and cash equivalents at end of fiscal year$1,445 $1,898 $1,399