Pathward Financial, Inc. (NASDAQ:CASH) Q2 2024 Earnings Conference Call April 24, 2024 5:00 PM ET

Corporate Participants

Darby Schoenfeld - Senior Vice President, Investor Relations
Brett Pharr - Chief Executive Officer
Greg Sigrist - Executive Vice President and Chief Financial Officer

Conference Call Participants

Frank Schiraldi - Piper Sandler
Tim Switzer - KBW
David Feaster - Raymond James

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Pathward Financial's Second Quarter Fiscal Year 2024 Investor Conference Call. During the presentation, all participants will be in a listen-only mode. Following the prepared remarks, we will conduct a question-and-answer session. As a reminder, this conference call is being recorded.

I would now like to turn the conference call over to Darby Schoenfeld, Senior Vice President of Investor Relations. Please go ahead.

Darby Schoenfeld

Thank you, Operator, and welcome. With me today are Pathward Financial's CEO, Brett Pharr and CFO, Greg Sigrist, who will discuss our operating and financial results for the second quarter of fiscal 2024, after which we will take your questions. Additional information, including the press release, the investor presentation that accompanies our prepared remarks, and supplemental slides may be found on our website at pathwardfinancial.com.

As a reminder, our comments may include forward-looking statements, including with respect to anticipated results for future periods. Those statements are subject to risks and uncertainties that could cause actual and anticipated results to differ. The company undertakes no obligation to update any forward-looking statement.

Please refer to the cautionary language in the earnings release, investor presentation, and in the company's filings with the Securities and Exchange Commission, including our most recent filings, for additional information covering factors that could cause actual and anticipated results to differ materially from the forward-looking statement. Additionally, today we will be discussing certain non-GAAP financial measures on this conference call. References to non-GAAP measures are only provided to assist you in understanding the company's results and performance trends. Reconciliations for such non-GAAP measures are included in the appendix of the investor presentation.

Finally, all periods referenced are fiscal quarters and fiscal years, and all comparisons are to the prior year period, unless otherwise noted.

Now let me turn the call over to Brett Pharr, our CEO.

Brett Pharr

Thanks, Darby, and welcome, everyone, to our second quarter 2024 conference call.

We continue to produce strong results in the quarter by focusing on risk-adjusted returns and enhancing our banking-as-a-service offerings. Additionally, tax season is shaping up nicely, especially since the pit steps we took in the off-season to enhance data analytics, underwriting, and monitoring for refund advances are generating positive returns for us.