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Meta Financial Group

Nasdaq:CASH
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CASH
Nasdaq
$1B
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Meta Financial Group, Inc. operates as the holding company for MetaBank that offers various banking products and services in the United States. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
CASH Share Price and Events
7 Day Returns
4.7%
NasdaqGS:CASH
0.1%
US Mortgage
-0.7%
US Market
1 Year Returns
5.3%
NasdaqGS:CASH
-0.9%
US Mortgage
-0.5%
US Market
CASH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Meta Financial Group (CASH) 4.7% 14.3% 11% 5.3% 61% 146.7%
US Mortgage 0.1% -1.9% -1.2% -0.9% 24.4% 41%
US Market -0.7% -3% 0.9% -0.5% 30.4% 37%
1 Year Return vs Industry and Market
  • CASH outperformed the Mortgage industry which returned -0.9% over the past year.
  • CASH outperformed the Market in United States of America which returned -0.5% over the past year.
Price Volatility
CASH
Industry
5yr Volatility vs Market

Value

 Is Meta Financial Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Meta Financial Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Meta Financial Group.

NasdaqGS:CASH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= $23.33 * 14%
$3.26
Book Value of Equity per Share Weighted future Book Value estimates from 4 analysts. $23.33
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:CASH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.809 (1 + (1- 21%) (30.86%))
1.005
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.005 * 5.96%)
8.72%

Discounted Cash Flow Calculation for NasdaqGS:CASH using Excess Returns Model Model

The calculations below outline how an intrinsic value for Meta Financial Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqGS:CASH Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (14% – 8.72%) * $23.33)
$1.23
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $1.23 / (8.72% - 2.73%)
$20.56
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $23.33 + $20.56
$43.89
NasdaqGS:CASH Discount to Share Price
Calculation Result
Value per share (USD) From above. $43.89
Current discount Discount to share price of $30.49
= -1 x ($30.49 - $43.89) / $43.89
30.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Meta Financial Group is available for.
Intrinsic value
31%
Share price is $30.49 vs Future cash flow value of $43.89
Current Discount Checks
For Meta Financial Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Meta Financial Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Meta Financial Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Meta Financial Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Meta Financial Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:CASH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $2.23
NasdaqGS:CASH Share Price ** NasdaqGS (2019-08-19) in USD $30.49
United States of America Mortgage Industry PE Ratio Median Figure of 128 Publicly-Listed Mortgage Companies 13.95x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Meta Financial Group.

NasdaqGS:CASH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CASH Share Price ÷ EPS (both in USD)

= 30.49 ÷ 2.23

13.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meta Financial Group is good value based on earnings compared to the US Mortgage industry average.
  • Meta Financial Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Meta Financial Group's expected growth come at a high price?
Raw Data
NasdaqGS:CASH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
30.2%per year
United States of America Mortgage Industry PEG Ratio Median Figure of 48 Publicly-Listed Mortgage Companies 1.35x
United States of America Market PEG Ratio Median Figure of 2,126 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

NasdaqGS:CASH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.68x ÷ 30.2%

0.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meta Financial Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Meta Financial Group's assets?
Raw Data
NasdaqGS:CASH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $21.63
NasdaqGS:CASH Share Price * NasdaqGS (2019-08-19) in USD $30.49
United States of America Mortgage Industry PB Ratio Median Figure of 144 Publicly-Listed Mortgage Companies 1.1x
United States of America Market PB Ratio Median Figure of 5,276 Publicly-Listed Companies 1.7x
NasdaqGS:CASH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CASH Share Price ÷ Book Value per Share (both in USD)

= 30.49 ÷ 21.63

1.41x

* Primary Listing of Meta Financial Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meta Financial Group is overvalued based on assets compared to the US Mortgage industry average.
X
Value checks
We assess Meta Financial Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Meta Financial Group has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Meta Financial Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
30.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Meta Financial Group expected to grow at an attractive rate?
  • Meta Financial Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Meta Financial Group's earnings growth is expected to exceed the United States of America market average.
  • Meta Financial Group's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:CASH Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:CASH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 30.2%
NasdaqGS:CASH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 13.7%
United States of America Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 9.3%
United States of America Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:CASH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:CASH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-09-30 531 129 3
2019-09-30 492 99 3
NasdaqGS:CASH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 402 197 86
2019-03-31 357 162 63
2018-12-31 320 180 62
2018-09-30 286 138 52
2018-06-30 272 150 45
2018-03-31 270 154 48
2017-12-31 271 136 48
2017-09-30 255 120 45
2017-06-30 239 111 49
2017-03-31 226 107 48
2016-12-31 178 77 30
2016-09-30 173 78 33

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Meta Financial Group's earnings are expected to grow significantly at over 20% yearly.
  • Meta Financial Group's revenue is expected to grow by 13.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:CASH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Meta Financial Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CASH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-09-30 3.41 3.45 3.35 4.00
2019-09-30 2.49 2.55 2.43 4.00
NasdaqGS:CASH Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 2.23
2019-03-31 1.75
2018-12-31 1.87
2018-09-30 1.68
2018-06-30 1.55
2018-03-31 1.67
2017-12-31 1.71
2017-09-30 1.62
2017-06-30 1.81
2017-03-31 1.82
2016-12-31 1.18
2016-09-30 1.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Meta Financial Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Meta Financial Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Meta Financial Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Meta Financial Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Meta Financial Group's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Meta Financial Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Meta Financial Group's 1-year earnings growth exceeds its 5-year average (91.6% vs 31.7%)
  • Meta Financial Group's earnings growth has exceeded the US Mortgage industry average in the past year (91.6% vs 32.9%).
Earnings and Revenue History
Meta Financial Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Meta Financial Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CASH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 402.07 85.53 220.35
2019-03-31 356.75 63.03 199.98
2018-12-31 320.17 62.35 174.70
2018-09-30 285.64 51.62 153.13
2018-06-30 271.66 44.64 134.04
2018-03-31 269.86 47.64 129.71
2017-12-31 270.87 48.34 122.37
2017-09-30 254.81 44.92 117.14
2017-06-30 238.92 49.18 107.62
2017-03-31 226.03 48.27 100.12
2016-12-31 178.21 30.41 89.18
2016-09-30 173.47 33.22 83.80
2016-06-30 165.58 31.85 81.08
2016-03-31 153.34 27.62 77.11
2015-12-31 123.34 18.52 70.75
2015-09-30 115.93 18.06 65.75
2015-06-30 109.60 16.78 62.11
2015-03-31 104.33 16.34 58.02
2014-12-31 98.95 15.31 55.70
2014-09-30 96.85 15.71 53.63
2014-06-30 94.79 15.82 51.66
2014-03-31 93.40 15.29 51.38
2013-12-31 93.42 14.30 49.97
2013-09-30 91.53 13.42 48.84
2013-06-30 90.02 11.61 48.22
2013-03-31 89.15 10.33 47.54
2012-12-31 100.85 17.15 47.86
2012-09-30 102.26 17.11 47.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Meta Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Meta Financial Group used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Meta Financial Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Meta Financial Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Meta Financial Group has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Meta Financial Group's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Meta Financial Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Meta Financial Group Company Filings, last reported 1 month ago.

NasdaqGS:CASH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 822.90 356.38 100.73
2019-03-31 823.71 102.60 156.46
2018-12-31 770.73 318.42 164.17
2018-09-30 747.73 512.85 83.48
2018-06-30 443.91 110.98 71.28
2018-03-31 443.70 399.44 107.56
2017-12-31 437.71 1,397.03 1,300.41
2017-09-30 434.50 1,488.13 1,266.09
2017-06-30 430.21 369.68 65.63
2017-03-31 411.75 587.42 67.29
2016-12-31 371.79 96.34 695.73
2016-09-30 334.98 1,185.56 773.83
2016-06-30 332.67 556.54 36.83
2016-03-31 313.29 483.94 39.48
2015-12-31 289.58 69.32 293.15
2015-09-30 271.34 561.32 23.56
2015-06-30 209.27 556.59 20.41
2015-03-31 216.45 289.95 24.88
2014-12-31 183.68 112.53 52.47
2014-09-30 174.80 497.72 21.53
2014-06-30 169.22 385.79 30.86
2014-03-31 155.66 227.84 38.93
2013-12-31 142.64 267.56 31.87
2013-09-30 142.98 216.46 35.96
2013-06-30 128.04 95.44 26.50
2013-03-31 143.38 24.99 89.03
2012-12-31 145.99 241.61 32.75
2012-09-30 145.86 47.71 138.35
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Meta Financial Group has an acceptable proportion of non-loan assets held.
  • Meta Financial Group's liabilities are made up of primarily low risk sources of funding.
  • Loans at Meta Financial Group are broadly funded by customer deposits.
  • Meta Financial Group's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Meta Financial Group has a sufficient allowance for bad loans.
  • Meta Financial Group has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Meta Financial Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Meta Financial Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Meta Financial Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.66%
Current annual income from Meta Financial Group dividends. Estimated to be 0.66% next year.
If you bought $2,000 of Meta Financial Group shares you are expected to receive $13 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Meta Financial Group's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
  • Meta Financial Group's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:CASH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 96 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2010 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:CASH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-09-30 0.20 3.00
2019-09-30 0.20 4.00
NasdaqGS:CASH Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-29 0.200 0.715
2019-02-27 0.200 0.888
2018-11-27 0.200 0.921
2018-08-28 0.200 0.769
2018-05-30 0.173 0.535
2018-02-27 0.173 0.472
2017-11-28 0.173 0.521
2017-08-29 0.173 0.656
2017-05-23 0.173 0.633
2017-02-28 0.173 0.601
2016-11-29 0.173 0.541
2016-08-23 0.173 0.758
2016-05-24 0.173 0.982
2016-02-23 0.173 1.143
2015-11-25 0.173 1.241
2015-08-24 0.173 1.217
2015-05-27 0.173 1.145
2015-02-23 0.173 1.326
2014-11-24 0.173 1.513
2014-08-26 0.173 1.432
2014-05-27 0.173 1.354
2014-02-25 0.173 1.254
2013-11-26 0.173 1.320
2013-08-27 0.173 1.412
2013-05-28 0.173 1.837
2013-02-25 0.173 1.993
2012-12-07 0.173 2.247
2012-08-14 0.173 2.217
2012-05-29 0.173 2.452
2012-05-10 0.173 2.492
2012-02-29 0.173 2.490
2012-02-14 0.173 2.479
2011-11-30 0.173 3.231
2011-08-23 0.173 3.124
2011-08-05 0.173 2.809
2011-07-18 0.173 2.495
2011-05-24 0.173 3.218
2011-05-10 0.173 3.831
2011-03-02 0.173 3.305
2010-11-23 0.173 3.551
2010-08-30 0.173 2.685
2010-08-10 0.173 1.487
2010-05-25 0.173 1.682
2010-05-14 0.173 1.713
2010-05-11 0.173 1.619
2010-02-22 0.173 2.104
2010-02-09 0.173 2.538
2009-11-23 0.173 2.501
2009-08-28 0.173 2.284
2009-08-10 0.173 2.335
2009-05-26 0.173 2.580
2009-05-14 0.173 3.432
2009-02-23 0.173 5.263
2009-02-11 0.173 5.313
2008-10-27 0.173 5.475
2008-08-27 0.173 3.568

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Meta Financial Group is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Meta Financial Group is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Meta Financial Group's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Meta Financial Group's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Meta Financial Group's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Meta Financial Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Meta Financial Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Meta Financial Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Meta Financial Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brad Hanson
COMPENSATION $3,332,870
AGE 55
TENURE AS CEO 0.8 years
CEO Bio

Mr. Bradley C. Hanson, also known as Brad, has been Director of CARD Corporation since April 2019. He has been a Member of the Board of Directors of Meta Financial Group, Inc. (“Meta Financial”) and MetaBank (“Meta”) since 2005. He has more than 25 years of experience in financial services, including numerous banking, card industry and technology-related capacities. He has been employed by Meta Financial and its affiliates since May 2004, where he initially served as the President of the Meta Payment Systems Divisions. He is the President and Chief Executive officer of Meta Payment Systems. He was appointed as Chief Executive Officer of Meta Financial Group, Inc. since October 2018 and also serves as its President. He is President of Meta and Meta Payment Systems. Prior to joining Meta, Hanson was senior vice president at BankFirst where he gained experience in retail banking, mortgage lending and credit cards in addition to managing the technology and project management functions for the bank. During his career, he has played a significant role in the development of the prepaid card industry. He is a Founding Member of the Network Branded Prepaid Card Association where he still serves as a Board member. He has been recognized as a Paybefore Industry Achievement Award winner and serves as a Board Member for Help Worldwide and the Midwest Region of Operation HOPE. Hanson received his Bachelor of Arts degree in Economics from the University of South Dakota in 1988. He attended the ABA School of Bankcard Management at the University of Delaware in 1996 and the ABA Graduate School of Bankcard Management at the University of Oklahoma in 1997.

CEO Compensation
  • Brad's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Brad's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Meta Financial Group management team in years:

0.9
Average Tenure
55
Average Age
  • The average tenure for the Meta Financial Group management team is less than 2 years, this suggests a new team.
Management Team

Brad Hanson

TITLE
President
COMPENSATION
$3M
AGE
55
TENURE
0.8 yrs

Glen Herrick

TITLE
Executive VP & CFO
COMPENSATION
$1M
AGE
57
TENURE
5.8 yrs

Shelly Schneekloth

TITLE
Executive VP & COO
COMPENSATION
$729K
AGE
55
TENURE
0.5 yrs

Sheree Thornsberry

TITLE
Executive VP & Group Head of Consumer
COMPENSATION
$617K
AGE
51
TENURE
1.9 yrs

Mick Goik

TITLE
Executive VP & Head of Commercial Finance
COMPENSATION
$6M
AGE
50
TENURE
1 yrs

Sonja Theisen

TITLE
Senior VP & Chief Accounting Officer
AGE
38
TENURE
4 yrs

Brittany Elsasser

TITLE
Director of Investor Relations

Brett Pharr

TITLE
Executive VP and Head of Governance
TENURE
0.5 yrs

Katie LeBrun

TITLE
Corporate Communications Director

Lynn Bruchhof

TITLE
Executive VP & Chief People Officer
AGE
61
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the Meta Financial Group board of directors in years:

3
Average Tenure
64.5
Average Age
  • The tenure for the Meta Financial Group board of directors is about average.
Board of Directors

Fred Moore

TITLE
Chairman of the Board
COMPENSATION
$251K
AGE
63
TENURE
0.6 yrs

Brad Hanson

TITLE
President
COMPENSATION
$3M
AGE
55
TENURE
13.8 yrs

Betty Hoople

TITLE
Director
COMPENSATION
$238K
AGE
61
TENURE
4.8 yrs

Ken Stork

TITLE
Director
COMPENSATION
$237K
AGE
66
TENURE
3.2 yrs

Doug Hajek

TITLE
Director
COMPENSATION
$223K
AGE
69
TENURE
5.8 yrs

Becky Shulman

TITLE
Director
COMPENSATION
$223K
AGE
55
TENURE
2.9 yrs

Michael Kramer

TITLE
Director
COMPENSATION
$80K
AGE
75
TENURE
1 yrs

Dave Tull

TITLE
Director
COMPENSATION
$83K
AGE
69
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • Meta Financial Group individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
23. May 19 Sell Michael Kramer Individual 22. May 19 22. May 19 -3,000 $27.32 $-81,963
14. May 19 Sell Sonja Theisen Individual 10. May 19 10. May 19 -777 $26.71 $-20,756
07. May 19 Sell Michael Kramer Individual 03. May 19 03. May 19 -4,408 $26.00 $-114,627
07. May 19 Sell Michael Kramer Individual 30. Apr 19 30. Apr 19 -18,592 $26.00 $-483,336
14. Mar 19 Sell Sheree Thornsberry Individual 12. Mar 19 12. Mar 19 -10,863 $19.43 $-211,068
07. Mar 19 Sell Frederick Moore Individual 07. Mar 19 07. Mar 19 -4,020 $20.60 $-82,812
07. Mar 19 Sell William Tull Individual 05. Mar 19 07. Mar 19 -77,878 $21.64 $-1,651,434
10. Dec 18 Buy Glen Herrick Individual 07. Dec 18 07. Dec 18 5,000 $21.02 $105,100
10. Dec 18 Buy Bradley Hanson Individual 06. Dec 18 06. Dec 18 20,000 $21.43 $428,600
10. Dec 18 Buy Sonja Theisen Individual 07. Dec 18 07. Dec 18 466 $21.04 $9,805
X
Management checks
We assess Meta Financial Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Meta Financial Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Meta Financial Group, Inc. (NASDAQ:CASH) Have A Particularly Volatile Share Price?

A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … With a market capitalisation of US$1.2b, Meta Financial Group is a small cap stock. … What this means for you: Since Meta Financial Group tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

Simply Wall St -

Read This Before Buying Meta Financial Group, Inc. (NASDAQ:CASH) Shares

So we'll take a look at whether insiders have been buying or selling shares in Meta Financial Group, Inc. … For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' See our latest analysis for Meta Financial Group Meta Financial Group Insider Transactions Over The Last Year In the last twelve months, the biggest single sale by an insider was when the Director, William Tull, sold US$1.7m worth of shares at a price of US$21.64 per share. … Insiders sold Meta Financial Group shares recently, but they didn't buy any.

Simply Wall St -

Should You Investigate Meta Financial Group, Inc. (NASDAQ:CASH) At US$28.04?

Today I will analyse the most recent data on Meta Financial Group’s outlook and valuation to see if the opportunity still exists. … Great news for investors – Meta Financial Group is still trading at a fairly cheap price. … This is because Meta Financial Group’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market.

Simply Wall St -

Do Insiders Own Shares In Meta Financial Group, Inc. (NASDAQ:CASH)?

Check out our latest analysis for Meta Financial Group NasdaqGS:CASH Ownership Summary, June 23rd 2019 What Does The Institutional Ownership Tell Us About Meta Financial Group? … We can see that Meta Financial Group does have institutional investors; and they hold 72% of the stock. … Insider Ownership Of Meta Financial Group The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Did You Miss Meta Financial Group's (NASDAQ:CASH) Impressive 103% Share Price Gain?

View our latest analysis for Meta Financial Group In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … Over half a decade, Meta Financial Group managed to grow its earnings per share at 15% a year. … As it happens, Meta Financial Group's TSR for the last 5 years was 112%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Don't Sell Meta Financial Group, Inc. (NASDAQ:CASH) Before You Read This

We'll apply a basic P/E ratio analysis to Meta Financial Group, Inc.'s (NASDAQ:CASH), to help you decide if the stock is worth further research. … Check out our latest analysis for Meta Financial Group How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Meta Financial Group: P/E of 15.75 = $27.64 ÷ $1.75 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good?

Simply Wall St -

Here's Why We Think Meta Financial Group (NASDAQ:CASH) Is Well Worth Watching

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Meta Financial Group (NASDAQ:CASH). … How Fast Is Meta Financial Group Growing. … Meta Financial Group maintained stable EBIT margins over the last year, all while growing revenue 32% to US$357m.

Simply Wall St -

How Meta Financial Group, Inc. (NASDAQ:CASH) Can Impact Your Portfolio Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Have Insiders Been Selling Meta Financial Group, Inc. (NASDAQ:CASH) Shares This Year?

So before you buy or sell Meta Financial Group, Inc. … The Last 12 Months Of Insider Transactions At Meta Financial Group. … In total, Meta Financial Group insiders sold more than they bought over the last year

Simply Wall St -

Do Insiders Own Shares In Meta Financial Group, Inc. (NASDAQ:CASH)?

Every investor in Meta Financial Group, Inc. … Meta Financial Group is a smaller company with a market capitalization of US$776m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Meta Financial Group

Simply Wall St -

Company Info

Description

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 10 full-service branch offices in Storm Lake and Des Moines, Iowa; and Brookings and Sioux Falls, South Dakota, as well as 17 non-branch offices located in South Dakota, Texas, California, Kentucky, Pennsylvania, Florida, Louisiana, Tennessee, Michigan, and Canada. The company was founded in 1954 and is headquartered in Sioux Falls, South Dakota.

Details
Name: Meta Financial Group, Inc.
CASH
Exchange: NasdaqGS
Founded: 1954
$1,154,956,108
37,879,833
Website: http://www.metafinancialgroup.com
Address: Meta Financial Group, Inc.
5501 South Broadband Lane,
Sioux Falls,
South Dakota, 57108,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CASH Common Stock Nasdaq Global Select US USD 21. Sep 1993
BST FM7 Common Stock Boerse-Stuttgart DE EUR 21. Sep 1993
Number of employees
Current staff
Staff numbers
1,219
Meta Financial Group employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/19 23:58
End of day share price update: 2019/08/19 00:00
Last estimates confirmation: 2019/08/07
Last earnings filing: 2019/08/07
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.