Pathward Financial vs Trustmark
Pathward Financial and Trustmark are similar in size: $840m and $800m of revenue in their latest fiscal years. Trustmark grew faster (42.6% against 5.3%). Trustmark kept more of each dollar of sales as profit: a net margin of 28.0% against 22.1%.
| Latest fiscal year | Pathward FinancialCASH, 2025 | TrustmarkTRMK, 2025 |
|---|---|---|
| Revenue | $840m | $800m |
| Revenue growth | 5.3% | 42.6% |
| Net income | $186m | $224m |
| Operating margin | — | — |
| Net margin | 22.1% | 28.0% |
| Return on equity | 22.1% | 11.0% |
| Free cash flow | $439m | $232m |
| Cash | $121m | — |
| Total debt | $42.5m | $0 |
| Debt to equity | — | — |
| Dividend per share | $0.20 | $0.96 |
| Dividend yield | 0.3% | 2.2% |
| Share buybacks | — | $80.0m |
| Employees | — | 2,543 |
| Market value | $1.64bn | $2.62bn |
| Price vs our value range | — | — |
| Moat score | 89 (Strong) | 72 (Strong) |
| Insider trades, 12 months | 0 buys, 5 sales | 0 buys, 0 sales |