Pathward, N.A.: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The standout move of Q2 2026 was in Total interest expense: 90.1% lower than in Q1 2026, at $509K. Pathward, N.A. ranks 6th of 56 South Dakota banks on net interest margin, in the upper half at 6.61% (Q2 2026). Against a median of 3.71% for banks in the $1B-10B asset tier, Pathward, N.A. reported 6.61% on net interest margin in Q2 2026, 2.90 points higher.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.63% |
| Yield on loans | 7.97% |
| Yield on securities | 2.99% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.03% |
| Cost of interest-bearing deposits | 0.20% |
| Cost of interest-bearing liabilities | 0.53% |
| Cost of borrowings | 3.71% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 6.61% |
| Yield to cost spread | 6.10% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $99.7M |
| Total interest expense | $509K |
| Interest expense on deposits | $140K |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 6.68% | 0.24% | 6.44% | 8.65% | 3.14% |
| Q4 2023 | 6.75% | 0.30% | 6.46% | 8.62% | 3.14% |
| Q1 2024 | 6.80% | 0.44% | 6.39% | 8.62% | 3.17% |
| Q2 2024 | 6.86% | 0.15% | 6.71% | 8.73% | 3.14% |
| Q3 2024 | 7.01% | 0.20% | 6.83% | 8.85% | 3.14% |
| Q4 2024 | 9.63% | 0.15% | 9.49% | 12.55% | 3.13% |
| Q1 2025 | 7.35% | 0.31% | 7.09% | 9.41% | 3.19% |
| Q2 2025 | 7.49% | 0.04% | 7.45% | 9.30% | 3.09% |
| Q3 2025 | 7.62% | 0.06% | 7.57% | 9.32% | 3.12% |
| Q4 2025 | 7.13% | 0.08% | 7.05% | 8.63% | 3.08% |
| Q1 2026 | 6.84% | 0.31% | 6.58% | 8.31% | 3.00% |
| Q2 2026 | 6.63% | 0.03% | 6.61% | 7.97% | 2.99% |
Pathward, N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Pathward, N.A., freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Pathward, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 30776) · FFIEC NIC profile (RSSD 435077)