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  "docSlug": "189f489098690fd08637a3694122d077",
  "documentTitle": "Pathward Financial | Credit Presentation Deck | 39 slides",
  "authorId": "pathward-financial",
  "authorName": "Pathward Financial",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-09-01 00:00:00",
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  "pageNumber": 34,
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  "notes": "The table provides a comparative financial analysis of tax services economics, highlighting revenue, expense, and net income trends.",
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      "text": "RA originations of $1.83 billion compared to $1.79 billion in the 2021 tax season. Customer appetite for refund advances tempered in the 2022 tax season by remaining government stimulus funds. Approximate average loan size of $1,263 compared to $1,323 in 2021. RT volumes and RT product income for the overall tax season are expected to end higher than last year.",
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      "text": "Refund advances (\"RAs\") and refund-transfers (\"RTs\") leverage banking-as-a-service (\"BaaS\") infrastructure and are core to our Pathward mission, as they allow consumers quicker access to their money.",
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      "text": "Tax Season ramps up during the first fiscal quarter, peaks during the second fiscal quarter, and wraps up during the third fiscal quarter. As a result, the Company believes performance for the nine months ended June 30th is a better reflection on the overall performance for tax season as it alleviates timing differences between quarters. However, delays experienced in the 2021 tax season caused some additional amounts of revenues and expenses to be recognized in the third and fourth fiscal quarters.",
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      "text": "1 Approximate loss rate calculated by taking provision for loan & lease losses divided by total refund advance originations. FY22 value excludes large recovery in Q1 for FY21 season.",
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      "text": "TAX SERVICES ECONOMICS table showing Net interest income, Tax advance product income, RT product income, Total revenue, Total expense, Provision for credit losses, Net income, pre-tax, Total refund advance originations, and Approximate loss rate.",
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      "text": "2022 TAX SEASON RECAP",
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