META FINANCIAL GROUP INC CASH Income Statement

Meta financial group inc (CASH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Interest and dividend income:
Loans and leases, including fees
279,555	282,732	274,528	249,032	198,356	142,530	98,475	67,920	62,953	57,882	52,117	47,580	42,771	38,546	36,187	34,151	32,399	31,488	29,565	26,952	24,486	21,599	19,674	18,481	17,510	16,495	16,151	16,364	16,888	17,645	18,058	18,407	18,330	18,747	19,654	20,417	0	0	0
Mortgage-backed securities
10,713	11,081	11,390	12,346	13,233	14,419	15,479	15,981	16,575	17,009	16,571	15,858	15,091	15,378	15,771	15,439	14,717	13,868	13,979	14,635	15,478	15,484	15,343	14,337	13,463	12,649	11,900	11,369	12,193	14,280	16,133	18,612	19,996	19,231	18,362	17,976	0	0	0
Other investments
29,219	34,565	39,811	43,726	45,987	45,704	44,580	43,380	42,510	41,494	39,415	37,445	34,923	31,772	29,438	26,439	23,404	20,294	18,063	16,527	15,462	14,647	13,643	12,776	11,880	11,364	10,925	9,674	7,650	5,387	3,106	1,923	1,447	1,076	1,043	901	0	0	0
Total interest and dividend income
319,487	328,378	325,729	305,104	257,576	202,653	158,534	127,281	122,038	116,385	108,103	100,883	92,785	85,696	81,396	76,029	70,520	65,650	61,607	58,114	55,426	51,730	48,660	45,594	42,853	40,508	38,976	37,407	36,731	37,312	37,297	38,942	39,773	39,054	39,059	39,294	0	0	0
Interest expense:
Deposits
38,894	45,392	46,648	43,788	35,657	23,874	15,163	8,996	7,771	6,998	6,051	4,341	3,438	1,389	614	597	620	657	726	802	875	924	965	1,011	1,065	1,128	1,280	1,478	1,708	1,977	2,205	2,417	2,633	2,833	3,069	3,313	0	0	0
FHLB advances and other borrowings
15,620	14,400	14,874	14,189	13,349	14,154	12,822	11,785	11,235	9,794	8,822	7,907	5,736	4,724	3,477	2,318	2,044	1,789	1,661	1,492	1,464	1,486	1,433	1,462	1,436	1,642	1,674	1,675	1,636	1,442	1,358	1,394	1,474	1,549	1,678	1,801	0	0	0
Total interest expense
54,514	59,792	61,522	57,977	49,006	38,028	27,985	20,781	19,006	16,792	14,873	12,248	9,174	6,113	4,091	2,915	2,664	2,446	2,387	2,294	2,339	2,410	2,398	2,473	2,501	2,770	2,954	3,153	3,344	3,419	3,563	3,811	4,107	4,382	4,747	5,114	0	0	0
Net interest income
264,973	268,586	264,207	247,127	208,570	164,625	130,549	106,500	103,032	99,593	93,230	88,635	83,611	79,583	77,305	73,114	67,856	63,204	59,220	55,820	53,087	49,320	46,262	43,121	40,352	37,738	36,022	34,254	33,387	33,893	33,734	35,131	35,666	34,672	34,312	34,180	0	0	0
Provision for loan and lease losses
53,936	49,958	55,650	56,235	52,438	37,463	29,432	24,583	20,508	10,814	10,589	11,280	12,138	4,662	4,605	4,181	2,783	2,203	1,465	1,891	1,491	1,198	1,150	900	600	0	0	-300	-150	350	1,049	1,302	991	1,005	278	634	0	0	0
Net interest income after provision for loan and lease losses
211,037	218,628	208,557	190,892	156,132	127,162	101,117	81,917	82,524	88,779	82,641	77,355	71,473	74,921	72,700	68,933	65,073	61,001	57,755	53,929	51,596	48,122	45,112	42,221	39,752	37,738	36,022	34,554	33,537	33,543	32,685	33,829	34,675	33,667	34,034	33,546	0	0	0
Noninterest income:
Gain on sale of securities available for sale, net (includes $0 and $231 reclassified from accumulated other comprehensive income (loss) for net gain (loss) on securities available for sale for the three months ended March 31, 2020 and 2019, respectively and $0 and $209 for the six months ended March 31, 2020 and 2019, respectively)
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on divestitures
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale of securities available-for-sale, net (Includes $729, ($8,177), and ($493) reclassified from accumulated other comprehensive income (loss) for net gain (loss) on available for sale securities for the fiscal years ended September 30, 2019, 2018 and 2017, respectively)
-	-	-	-6,330	-	-	-8,177	-360	-291	-269	-493	-1,605	-1,754	-1,581	-326	-494	-341	-353	-1,634	-1,182	-1,233	-1,152	107	142	667	891	2,546	4,226	3,300	14,359	13,755	12,665	13,066	2,317	1,793	1,397	0	0	0
Refund transfer product fees
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax advance product fees
-	-	-	-	-	-	-	-	-	-	-	-	11,937	1,889	-	21,213	21,206	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card fees
-	-	-	-	-	-	-	-	-	-	-	-	81,659	73,691	-	66,550	61,625	56,709	54,542	52,591	50,542	48,934	48,738	49,500	50,242	52,147	50,790	49,427	49,112	50,843	53,220	55,051	51,091	53,792	53,890	58,881	0	0	0
Loan fees
-	-	-	-	-	-	-	-	-	-	-	-	23,933	23,425	-	784	402	541	63	1,001	482	107	0	1,006	1,011	807	868	903	1,073	1,129	1,190	1,039	750	545	417	423	0	0	0
Bank-owned life insurance
-	-	-	0	-	-	-	0	0	0	-	3,714	3,512	3,448	-	2,358	2,536	2,436	2,348	1,484	1,135	1,136	1,139	1,144	1,150	1,162	998	829	671	508	511	520	521	521	526	527	0	0	0
Deposit fees
-	-	-	-	-	-	-	-	-	-	-	-	608	591	-	602	609	599	593	608	616	615	616	616	607	621	632	629	633	622	616	620	610	630	649	679	0	0	0
Gain on sale of loans and leases
-	-	-	4,220	-	-	355	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale of other
-4,017	-4,112	-278	3,496	3,496	1,266	-19	-32	-32	-25	-6	7	7	0	-	0	0	-	28	-70	-70	-70	-93	12	50	135	-268	-1,447	-351	-438	-38	0	0	0	-	-	-	-	-
Other income
9,788	6,877	6,013	7,808	6,250	3,774	1,494	375	341	287	261	532	333	-10	8	182	198	235	204	262	279	274	250	150	-79	-83	-63	902	1,178	279	320	-907	-913	9	163	370	0	0	0
Total noninterest income
237,765	222,277	222,545	211,179	200,614	193,008	184,525	189,745	187,340	182,091	172,172	161,567	154,554	103,285	100,770	96,648	88,265	62,334	58,174	55,675	52,732	50,825	51,738	52,570	53,648	55,680	55,503	55,469	55,616	67,302	69,574	70,176	65,178	57,867	57,491	62,277	0	0	0
Noninterest expense:
Compensation and benefits
142,165	157,069	155,811	147,443	136,706	119,714	109,044	100,870	98,624	93,218	88,728	81,344	74,526	64,870	61,675	59,308	56,059	50,617	46,493	44,192	41,384	39,735	38,155	36,477	35,683	34,780	34,106	33,552	33,264	32,205	31,104	30,794	29,716	29,847	30,467	30,642	0	0	0
Refund transfer product expense
0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax advance product expense
3,255	3,782	3,102	3,184	2,740	1,989	1,817	1,737	1,828	3,494	3,241	-5,017	-5,089	9	0	8,256	8,256	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card processing
21,924	22,199	23,677	24,154	26,609	26,828	26,283	26,551	25,238	25,091	24,130	23,782	23,634	22,608	22,263	20,992	19,253	17,046	16,508	16,193	16,175	15,938	15,487	15,109	14,739	16,144	15,584	15,546	15,738	15,736	17,373	18,015	20,241	23,385	23,286	27,301	0	0	0
Occupancy and equipment expense
28,069	28,268	28,071	26,459	24,043	21,308	19,740	18,350	17,664	17,378	16,465	15,750	15,129	14,597	13,999	13,546	12,999	12,175	11,399	10,425	9,868	9,531	8,979	9,142	9,021	8,509	8,479	8,415	8,310	8,412	8,489	8,360	8,443	8,523	8,467	8,371	0	0	0
Operating lease equipment depreciation
-	26,696	-	23,665	-	13,151	5,386	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal and consulting
19,616	18,015	17,310	18,970	17,686	16,617	15,064	11,217	9,811	8,077	8,384	7,216	7,062	6,416	4,824	4,856	4,751	4,888	4,978	4,772	4,196	3,983	4,145	3,797	4,440	4,511	4,048	4,066	3,744	4,909	5,255	5,578	5,691	5,011	5,156	4,245	0	0	0
Marketing
-	-	-	1,286	-	-	1,226	1,308	1,351	1,500	1,449	1,411	1,391	1,356	1,334	1,271	1,364	1,338	1,347	1,422	1,325	1,332	1,316	1,310	1,289	1,242	1,228	1,204	1,199	1,186	1,141	1,121	1,099	1,094	1,092	1,574	0	0	0
Data processing
-	-	-	2,529	-	-	2,674	2,293	2,258	2,200	2,117	1,902	2,011	1,940	1,972	2,100	1,933	1,735	1,537	1,302	1,246	1,118	1,034	934	943	931	981	985	1,026	1,150	1,047	1,146	1,080	1,166	1,260	1,307	0	0	0
Intangible amortization
13,810	16,004	17,711	17,918	15,208	12,343	9,641	7,944	8,167	12,518	12,362	11,678	11,007	5,140	4,828	0	0	0	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-
Impairment expense
0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,508	1,566	0	0	0
Other expense
43,802	40,880	39,952	42,692	38,945	31,925	25,589	23,119	21,686	21,293	20,654	18,934	18,001	15,758	15,105	13,941	14,076	13,719	12,892	12,513	10,989	9,869	9,038	8,360	8,201	8,680	9,388	10,946	11,480	11,152	11,054	11,200	11,185	11,467	12,026	10,334	0	0	0
Total noninterest expense
316,138	334,663	333,160	323,657	300,242	258,485	228,232	215,337	208,503	206,952	199,663	177,141	166,549	141,393	134,648	129,625	122,471	104,101	96,506	90,896	85,260	81,583	78,231	75,357	74,544	75,386	74,403	75,075	75,122	74,750	75,463	76,156	77,397	80,435	83,262	85,340	0	0	0
Income before income tax expense
132,664	106,242	97,942	78,414	56,504	61,685	57,410	56,325	61,361	63,918	55,150	61,781	59,478	36,813	38,822	35,956	30,867	19,234	19,423	18,708	19,068	17,364	18,619	19,434	18,856	18,032	17,122	14,948	14,031	26,095	26,796	27,849	22,456	11,099	8,263	10,483	0	0	0
Income tax expense (benefit) (includes $0 and $58 reclassified from accumulated other comprehensive income (loss) for the three months ended March 31, 2020 and 2019, respectively and $0 and $52 for the six months ended March 31, 2020 and 2019, respectively)
5,009	-1,003	-3,374	-10,835	-9,201	-2,258	5,117	11,683	13,724	15,575	10,233	12,602	11,213	6,407	5,602	4,103	3,247	716	1,368	1,929	2,725	2,058	2,906	3,610	3,564	3,737	3,704	3,338	3,706	8,947	9,682	10,209	8,223	4,089	3,623	4,497	0	0	0
Net income before noncontrolling interest
127,655	107,245	101,316	89,249	65,705	63,943	52,293	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interest
4,797	4,571	4,312	3,718	2,673	1,595	673	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to parent
122,858	102,674	97,004	85,531	63,032	62,348	51,620	44,642	47,637	48,343	44,917	49,179	48,265	30,406	33,220	31,853	27,620	18,518	18,055	16,779	16,343	15,306	15,713	15,824	15,292	14,295	13,418	11,610	10,325	17,148	17,114	17,640	14,233	7,010	4,640	5,986	0	0	0
Earnings per common share
Basic (in dollars per share)
1.45	0.56	0.54	0.75	0.81	0.39	0.21	0.23	1.08	0.16	-3.01	1.05	3.44	0.14	-1.90	1.04	1.68	0.49	0.64	0.67	0.79	0.58	0.54	0.69	0.68	0.66	0.59	0.67	0.57	0.57	0.18	0.67	3.12	0.97	0.71	-0.33	0.88	0.23	1.15
Diluted (in dollars per share)
1.45	0.56	0.54	0.75	0.81	0.39	0.20	0.23	1.08	0.16	-2.99	1.04	3.42	0.14	-1.90	1.04	1.67	0.49	0.64	0.66	0.78	0.58	0.53	0.68	0.67	0.65	0.58	0.66	0.57	0.57	0.19	0.66	3.10	0.97	0.71	-0.33	0.88	0.23	1.11
Operating Lease, Equipment, Depreciation Expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refund transfer product fees
Noninterest income:
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax advance product fees
Noninterest income:
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment card and deposit fees
Noninterest income:
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other bank and deposit fees
Noninterest income:
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card fees
Revenue from contract with customer
-	-	-	0	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental income
Noninterest income:
43,724	42,514	41,053	37,499	28,113	18,223	7,333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total noninterest income
40,965	41,058	41,053	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan and lease fees
Revenue from contract with customer
-	-	-	0	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit fees
Noninterest income:
-	-	-	7,853	-	-	4,451	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-