Pathward's business has an unusually heavy reliance on debit card fee income which has helped it deliver great value to shareholders by growing at a fast pace. The growth prospects overshadow the ...
As the table shows, the firm’s NOPAT margin (NOPAT/revenue), has risen from nearly 26% in 2019 to nearly 28% in the TTM, showing that the firm is converting a larger portion of its revenue into NOPAT.
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