Beacon Financial vs Pathward Financial
Pathward Financial is the larger business, with $840m of revenue in fiscal 2025 against $553m for Beacon Financial (1.5 times as much). Beacon Financial grew faster (38.2% against 5.3%). Pathward Financial kept more of each dollar of sales as profit: a net margin of 22.1% against 16.3%.
| Latest fiscal year | Beacon FinancialBBT, 2025 | Pathward FinancialCASH, 2025 |
|---|---|---|
| Revenue | $553m | $840m |
| Revenue growth | 38.2% | 5.3% |
| Net income | $90.3m | $186m |
| Operating margin | — | — |
| Net margin | 16.3% | 22.1% |
| Return on equity | 4.9% | 22.1% |
| Free cash flow | $212m | $439m |
| Cash | $2.04bn | $121m |
| Total debt | $788m | $42.5m |
| Debt to equity | — | — |
| Dividend per share | — | $0.20 |
| Dividend yield | 3.5% | 0.3% |
| Share buybacks | — | — |
| Employees | 1,972 | — |
| Market value | $2.60bn | $1.64bn |
| Price vs our value range | — | — |
| Moat score | 47 (Moderate) | 89 (Strong) |
| Insider trades, 12 months | 11 buys, 2 sales | 0 buys, 5 sales |