vs
Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and Northwest Bancshares, Inc. (NWBI). Click either name above to swap in a different company.
Northwest Bancshares, Inc. is the larger business by last-quarter revenue ($175.1M vs $173.1M, roughly 1.0× PATHWARD FINANCIAL, INC.). Northwest Bancshares, Inc. runs the higher net margin — 28.9% vs 20.3%, a 8.6% gap on every dollar of revenue. Over the past eight quarters, Northwest Bancshares, Inc.'s revenue compounded faster (33.7% CAGR vs -18.0%).
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
Northwest Bank is a bank headquartered in Warren, Pennsylvania. It is the leading subsidiary of Northwest Bancshares, Inc., a bank holding company, and operates 151 branches in Pennsylvania, Western New York, Northeast Ohio, Appalachian Ohio, and Indiana.
CASH vs NWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $175.1M |
| Net Profit | $35.2M | $50.5M |
| Gross Margin | — | — |
| Operating Margin | 24.6% | — |
| Net Margin | 20.3% | 28.9% |
| Revenue YoY | -0.2% | — |
| Net Profit YoY | 11.9% | 10.6% |
| EPS (diluted) | $1.57 | $0.34 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $175.1M | ||
| Q4 25 | $173.1M | $179.9M | ||
| Q3 25 | $186.7M | $168.2M | ||
| Q2 25 | $195.8M | $150.4M | ||
| Q1 25 | $274.8M | $156.2M | ||
| Q4 24 | $182.6M | $154.3M | ||
| Q3 24 | $179.5M | $139.1M | ||
| Q2 24 | $188.6M | $98.0M |
| Q1 26 | — | $50.5M | ||
| Q4 25 | $35.2M | — | ||
| Q3 25 | $38.8M | $3.2M | ||
| Q2 25 | $42.1M | $33.7M | ||
| Q1 25 | $75.0M | $43.5M | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $33.5M | $33.6M | ||
| Q2 24 | $44.9M | $4.7M |
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 32.6% | ||
| Q3 25 | 25.9% | 2.1% | ||
| Q2 25 | 24.1% | 29.3% | ||
| Q1 25 | 33.2% | 36.2% | ||
| Q4 24 | 19.8% | 27.5% | ||
| Q3 24 | 20.9% | 31.3% | ||
| Q2 24 | 27.1% | 6.1% |
| Q1 26 | — | 28.9% | ||
| Q4 25 | 20.3% | — | ||
| Q3 25 | 20.8% | 1.9% | ||
| Q2 25 | 21.5% | 22.4% | ||
| Q1 25 | 27.3% | 27.8% | ||
| Q4 24 | 16.4% | — | ||
| Q3 24 | 18.7% | 24.2% | ||
| Q2 24 | 23.8% | 4.8% |
| Q1 26 | — | $0.34 | ||
| Q4 25 | $1.57 | $0.30 | ||
| Q3 25 | $1.69 | $0.02 | ||
| Q2 25 | $1.81 | $0.26 | ||
| Q1 25 | $3.14 | $0.34 | ||
| Q4 24 | $1.23 | $0.26 | ||
| Q3 24 | $1.34 | $0.26 | ||
| Q2 24 | $1.78 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $331.2M | $286.7M |
| Total DebtLower is stronger | $33.5M | — |
| Stockholders' EquityBook value | $854.5M | $1.9B |
| Total Assets | $7.6B | $16.9B |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $286.7M | ||
| Q4 25 | $331.2M | — | ||
| Q3 25 | $120.6M | — | ||
| Q2 25 | $258.3M | — | ||
| Q1 25 | $254.2M | — | ||
| Q4 24 | $597.4M | — | ||
| Q3 24 | $158.3M | — | ||
| Q2 24 | $298.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | $33.5M | — | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | — | ||
| Q4 24 | $33.4M | — | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $854.5M | $1.9B | ||
| Q3 25 | $858.0M | $1.9B | ||
| Q2 25 | $819.0M | $1.6B | ||
| Q1 25 | $814.7M | $1.6B | ||
| Q4 24 | $758.3M | $1.6B | ||
| Q3 24 | $822.5M | $1.6B | ||
| Q2 24 | $748.4M | $1.6B |
| Q1 26 | — | $16.9B | ||
| Q4 25 | $7.6B | $16.8B | ||
| Q3 25 | $7.2B | $16.4B | ||
| Q2 25 | $7.2B | $14.5B | ||
| Q1 25 | $7.0B | $14.5B | ||
| Q4 24 | $7.6B | $14.4B | ||
| Q3 24 | $7.5B | $14.4B | ||
| Q2 24 | $7.5B | $14.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $108.3M | — |
| Free Cash FlowOCF − Capex | $104.1M | — |
| FCF MarginFCF / Revenue | 60.1% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | 3.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $153.4M | ||
| Q3 25 | $303.7M | $41.9M | ||
| Q2 25 | $30.4M | $-2.3M | ||
| Q1 25 | $188.3M | $107.6M | ||
| Q4 24 | $-71.7M | $127.7M | ||
| Q3 24 | $143.1M | $93.3M | ||
| Q2 24 | $113.2M | $40.7M |
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $141.8M | ||
| Q3 25 | $300.3M | $38.3M | ||
| Q2 25 | $27.7M | $-6.0M | ||
| Q1 25 | $184.7M | $105.8M | ||
| Q4 24 | $-73.8M | $125.4M | ||
| Q3 24 | $138.8M | $93.2M | ||
| Q2 24 | $111.0M | $37.2M |
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 78.8% | ||
| Q3 25 | 160.9% | 22.8% | ||
| Q2 25 | 14.1% | -4.0% | ||
| Q1 25 | 67.2% | 67.7% | ||
| Q4 24 | -40.4% | 81.3% | ||
| Q3 24 | 77.3% | 67.0% | ||
| Q2 24 | 58.8% | 37.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 6.5% | ||
| Q3 25 | 1.8% | 2.2% | ||
| Q2 25 | 1.4% | 2.4% | ||
| Q1 25 | 1.3% | 1.2% | ||
| Q4 24 | 1.1% | 1.5% | ||
| Q3 24 | 2.4% | 0.1% | ||
| Q2 24 | 1.2% | 3.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | 13.24× | ||
| Q2 25 | 0.72× | -0.07× | ||
| Q1 25 | 2.51× | 2.48× | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | 2.77× | ||
| Q2 24 | 2.52× | 8.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
NWBI
| Net Interest Income | $142.5M | 81% |
| Noninterest Income | $32.6M | 19% |
