NasdaqGS:CASHBanks
Pathward Financial (CASH): Assessing Valuation Following Delayed 10-Q Filing and Investor Concerns
If you’ve been tracking Pathward Financial (CASH), the news that the company won’t be able to file its quarterly 10-Q with the SEC by the deadline might be a bit of a jolt. Filing delays like this tend to make investors wonder about what’s going on behind the scenes. Are there issues with internal controls, or is it just a paperwork lag? It is the kind of announcement that puts a spotlight on transparency, and often causes the market to reassess the risks around a bank’s fundamentals.
Despite...