Meta Financial Group, Inc. operates as the holding company for MetaBank that offers various banking products and services in the United States.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Meta Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CASH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CASH underperformed the US Mortgage industry which returned -24.3% over the past year.
Return vs Market: CASH underperformed the US Market which returned 4.9% over the past year.
Price Volatility Vs. Market
How volatile is Meta Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Meta Financial Group, Inc. (NASDAQ:CASH)
3 weeks ago | Simply Wall StWhat Is Meta Financial Group's (NASDAQ:CASH) P/E Ratio After Its Share Price Rocketed?
1 month ago | Simply Wall StThere's A Lot To Like About Meta Financial Group, Inc.'s (NASDAQ:CASH) Upcoming US$0.05 Dividend
Is Meta Financial Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CASH ($17.58) is trading below our estimate of fair value ($24.13)
Significantly Below Fair Value: CASH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CASH is good value based on its PE Ratio (5.4x) compared to the Mortgage industry average (11.1x).
PE vs Market: CASH is good value based on its PE Ratio (5.4x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: CASH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CASH is good value based on its PB Ratio (0.8x) compared to the US Mortgage industry average (0.8x).
How is Meta Financial Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CASH's earnings are forecast to decline over the next 3 years (-6.1% per year).
Earnings vs Market: CASH's earnings are forecast to decline over the next 3 years (-6.1% per year).
High Growth Earnings: CASH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CASH's revenue (8.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CASH's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CASH's Return on Equity is forecast to be low in 3 years time (11.1%).
How has Meta Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CASH has high quality earnings.
Growing Profit Margin: CASH's current net profit margins (28.6%) are higher than last year (17.7%).
Past Earnings Growth Analysis
Earnings Trend: CASH's earnings have grown significantly by 35.1% per year over the past 5 years.
Accelerating Growth: CASH's earnings growth over the past year (94.2%) exceeds its 5-year average (35.1% per year).
Earnings vs Industry: CASH earnings growth over the past year (94.2%) exceeded the Mortgage industry 4.5%.
Return on Equity
High ROE: CASH's Return on Equity (15.9%) is considered low.
How is Meta Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CASH's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: CASH has a sufficient allowance for bad loans (208%).
Low Risk Liabilities: 79% of CASH's liabilities are made up of primarily low risk sources of funding.
Loan Level: CASH has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: CASH's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: CASH has an appropriate level of bad loans (0.9%).
What is Meta Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CASH's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: CASH's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Stability and Growth of Payments
Stable Dividend: CASH's dividends per share have been stable in the past 10 years.
Growing Dividend: CASH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.1%), CASH's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CASH's dividends in 3 years are forecast to be thoroughly covered by earnings (10.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Hanson (56yo)
Mr. Bradley C. Hanson, also known as Brad, has been a Director of CARD Corporation since April 2019. Mr. Hanson has been a Member of the Board of Directors of Meta Financial Group, Inc. (“Meta Financial”) ...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD4.16M) is above average for companies of similar size in the US market ($USD3.15M).
Compensation vs Earnings: Brad's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||6.75yrs||US$1.70m||0.62% $3.8m|
|Executive VP & Head of Payments||2.83yrs||US$863.68k||0.068% $414.1k|
|Executive VP & Head of Commercial Finance||1.92yrs||US$1.16m||0.48% $2.9m|
|Co-President & COO of MetaBank||0.50yr||US$942.38k||0.078% $476.8k|
|Executive VP & COO||1.42yrs||US$728.51k||0.045% $272.6k|
|Senior VP & Chief Accounting Officer||4.92yrs||no data||0.030% $181.2k|
|Executive VP & Chief Information Officer||0.33yr||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Executive VP||0.083yr||no data||0.040% $246.1k|
Experienced Management: CASH's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||3.83yrs||US$205.59k||0.044% $265.4k|
|Independent Chairman of the Board||1.5yrs||US$275.09k||0.016% $97.7k|
|Independent Vice Chairman of the Board||no data||US$210.09k||0.051% $307.3k|
|Independent Director||5.75yrs||US$207.09k||0.070% $427.2k|
|Independent Director||4.08yrs||US$211.09k||0.043% $258.6k|
|Independent Director||1.92yrs||US$190.09k||0.23% $1.4m|
Experienced Board: CASH's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CASH insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Meta Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Meta Financial Group, Inc.
- Ticker: CASH
- Exchange: NasdaqGS
- Founded: 1954
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$608.408m
- Shares outstanding: 34.61m
- Website: https://www.metafinancialgroup.com
Number of Employees
- Meta Financial Group, Inc.
- 5501 South Broadband Lane
- Sioux Falls
- South Dakota
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CASH||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Sep 1993|
|FM7||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Sep 1993|
|FM7||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1993|
Meta Financial Group, Inc. operates as the holding company for MetaBank that offers various banking products and services in the United States. The company accepts various deposit products, including statement savings accounts, money market savings accounts, negotiable order of withdrawal accounts, and checking accounts; and deposits related to prepaid cards, which primarily comprise checking accounts and certificate accounts. It also provides loans, such as commercial finance loans, commercial and multi-family real estate loans, one-to-four family mortgage loans, consumer finance loans, taxpayer advance loans, agriculture loans, consumer and commercial operating loans, and commercial insurance premium finance products. In addition, the company issues prepaid cards and consumer credit products; sponsors automated teller machines into various debit networks; and offers tax refund transfer and other payment industry products and services. It operates nine full-service branch offices in Storm Lake and Des Moines, Iowa; and Brookings and Sioux Falls, South Dakota, as well as 14 non-branch offices. The company was founded in 1954 and is headquartered in Sioux Falls, South Dakota.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 23:54|
|End of Day Share Price||2020/07/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.