Illinois-based Guardian Wealth Management acquired 40,545 shares of Pathward Financial in the third quarter, worth about $3 million. This new position falls outside the fund’s top five holdings. As of November 14, CASH shares were priced at $73.44, underperforming the S&P 500 over the past year.

Guardian Wealth Management initiated a new position in Pathward Financial during the third quarter, acquiring 40,545 shares valued at $3 million. This represented 1.77% of the fund’s U.S. equity assets. Top holdings post-filing include STRL, ANET, AZO, ABBV, and NNI, with varying percentages of AUM.

Pathward Financial offers banking products and services, generating revenue through interest income, financial product fees, and payment processing services. It caters to individuals, small to mid-sized businesses, and payment industry participants nationwide. The company specializes in regional banking and payment solutions, focusing on innovation and scalability.

Pathward Financial recently reported $185.9 million in net income for fiscal 2025, with a return on average equity of 23.4%. Its net interest margin expanded to 7.46% in the fourth quarter, driven by a lower cost of deposits and higher-yielding commercial finance assets. The company emphasizes balance sheet optimization and fee income for long-term success.

Guardian Wealth Management’s stake in Pathward Financial reflects a diversified approach, with a focus on industrial, tech, and healthcare leaders. This measured bet adds to the fund’s portfolio exposure. Pathward’s financial performance and integrated business model position it well to address industry trends and evolving customer needs.

Read more at Yahoo Finance: Why a New $3 Million Bet on Pathward Stock Signals Confidence in a Bank Posting $7.87 EPS