Payment Card & Deposit Fees was Pathward Financial’s largest product and service line in fiscal 2018, bringing in $97.92M of $183.81M (53%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 |
|---|---|---|---|
| Payment Card & Deposit Fees | — | — | $97.92M |
| Card Fees | $70.53M | $94.71M | — |
| Refund Transfer Product Fees | $23.35M | $38.96M | $41.88M |
| Tax Advance Product Fees | $1.58M | $31.91M | $35.70M |
| Rental Income | — | — | $7.33M |
| Loan & Lease Fees | $3.37M | $3.88M | — |
| Bank-Owned Life Insurance | — | $2.22M | — |
| Bank-Owned Life Insurance Income | $1.66M | — | — |
| Other Bank & Deposit Fees | — | — | $977.00K |
| Deposit Fees | $603.00K | $736.00K | — |
| Total | $101.09M | $172.41M | $183.81M |
Pathward Financial brought in $183.81M from its five product and service lines in fiscal 2018, the year ended September 30, 2018. Pathward Financial regrouped these lines after fiscal 2017, so the total does not compare directly with that year's $172.41M. Payment Card & Deposit Fees was the largest at $97.92M (53.3%), ahead of Refund Transfer Product Fees at $41.88M (22.8%) and Tax Advance Product Fees at $35.70M (19.4%). The other two lines brought in $8.31M combined.
Compared with fiscal 2017, Tax Advance Product Fees grew 11.9% to $35.70M and Refund Transfer Product Fees grew 7.5% to $41.88M.
Pathward Financial began breaking out Payment Card & Deposit Fees in fiscal 2018, Rental Income in fiscal 2018 and Other Bank & Deposit Fees in fiscal 2018. Pathward Financial stopped reporting Card Fees ($94.71M in fiscal 2017), Loan & Lease Fees ($3.88M in fiscal 2017), Bank-Owned Life Insurance ($2.22M in fiscal 2017) and two others as separate lines.
Pathward Financial (CASH) reports its revenue by product and service. In fiscal 2018, Payment Card & Deposit Fees was its largest product and service line, bringing in $97.92M (53.3% of the total), followed by Refund Transfer Product Fees at $41.88M (22.8%).
Payment Card & Deposit Fees was Pathward Financial's largest product and service line in fiscal 2018, bringing in $97.92M, or 53.3% of the $183.81M total across its five product and service lines.
Every figure comes from Pathward Financial's annual financial filings, as reported. Each line keeps the name Pathward Financial gives it, and years follow its fiscal calendar.
Pathward Financial's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2018. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.