Sioux Falls, SD · Cert 30776 · Pathward Financial Inc.
National charter · OCC · 1 branch
Q2 2026
Market Position · Sioux Falls, SD-MN · 2026 SOD (annual) · 0.5% share · #4 of 42 inst. · $6.0B of $1127.8B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.52% | 2.39% | 4.17% | 3.29% | 2.91% | 2.65% | 4.00% | 2.81% | -47 bps | |
| Return on Equity | 24.27% | 23.03% | 37.21% | 28.91% | 25.06% | 22.73% | 33.07% | 23.28% | -563 bps | |
| Net Interest Margin | 6.44% | 7.11% | 6.67% | 7.41% | 7.19% | 6.99% | 6.19% | 6.61% | -81 bps | |
| Efficiency Ratio | 65.80% | 63.31% | 51.90% | 59.48% | 64.14% | 65.92% | 51.43% | 57.97% | -151 bps | |
| Non-Interest Burden | 2.65% | 2.82% | 0.12% | 1.86% | 2.70% | 2.97% | -0.36% | 1.20% | -66 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.15% | -3.76% | -5.95% | -4.00% | -4.97% | -0.45% | 1.72% | 1.19% | +519 bps | |
| Loan Growth (YoY) | 7.20% | 3.03% | 1.70% | 3.26% | 1.68% | 9.40% | 9.08% | 8.60% | +534 bps | |
| Deposit Growth (YoY) | -10.83% | -5.97% | -8.67% | -6.62% | 0.19% | -2.62% | 0.55% | -0.93% | +569 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.87% | 0.76% | 0.88% | 1.49% | 2.05% | 2.15% | 2.39% | 5.28% | +380 bps | |
| Net Charge-Offs / Loans | 1.15% | 1.85% | 0.57% | 0.52% | 1.62% | 1.11% | 0.47% | 0.84% | +32 bps | |
| Allowance / Loans | 0.95% | 1.60% | 2.28% | 2.21% | 1.10% | 1.16% | 2.00% | 2.11% | -10 bps | |
| Allowance Coverage of NPLs | 1.1x | 2.1x | 2.6x | 1.5x | 0.5x | 0.5x | 0.8x | 0.4x | -1.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.44% | 9.16% | 8.51% | 10.00% | 10.00% | 9.84% | 8.85% | 9.91% | -9 bps | |
| Total Risk-Based Capital | 13.97% | 14.03% | 15.51% | 14.68% | 14.19% | 13.73% | 14.49% | 13.31% | -138 bps | |
| Equity / Assets | 11.48% | 10.40% | 12.07% | 11.73% | 12.36% | 11.79% | 12.42% | 12.07% | +34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.06% | 71.07% | 77.48% | 79.77% | 82.27% | 79.83% | 84.05% | 87.44% | +767 bps | |
| Liquid Assets / Assets | 1.79% | 7.86% | 3.65% | 3.50% | 1.57% | 4.38% | 2.12% | 1.80% | -170 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 10.78% | 10.40% | 13.16% | n/a | n/a | |