![]() ![]() Growth in the firm's earnings have been noteworthy too with 3-year revenue growth rates tracking ~15%. Profitability margins remain reasonably healthy with the company delivering 27% net margins, 16% return on equity and 1.78% return on assets. The $1.73B bank operates through consumer, commercial and corporate services, presently trading at 11.4x forward price/ earnings. Founded in 1954, the regional banking junior provides customers a range of services from deposit accounts, savings products, money market savings accounts, term lending, and consumer credit. Meta Financial Group, headquartered in Sioux Falls, South Dakota, makes up part of the US regional banking landscape. Source: Market Chameleon Company Introduction My near-term outlook on Meta Financial Group remains bullish. ![]() Such unusual activity provides a fitting segue to options insight analysis - which affords money managers in-depth insight on recent price action. Meta Financial Group ( NASDAQ: CASH) showed up glaringly on the trading radar last week - with traded stock volumes 65% higher than the 90-day average, option trading equally exploded to the upside. Key beneficiaries to any rate revision include interest sensitive parts of the market such as financials, which navigated the most recent market jitters remarkably well. With inflation taking a prominent place in the much-touted investor wall of worry - upside revisions to US interest rates are becoming increasingly evident. Yet a world-record third-quarter GDP miss by neighboring Vietnam (-6.5% Y/Y v estimate 2.25%!) augurs potential signs of regional contagion already gradually entrenching. Fearing changes in the interest rate landscape, an energy focused inflationary boom and persistent political wrangling by US lawmakers, bullish positions look increasingly few and far between.Ī looming Chinese credit bust has equally won investor attention with Evergrande, one of the world's biggest and most indebted real estate & infrastructure conglomerates, missing payment deadline after deadline.Įffects of systemic contagion emanating from China's banking ecosystem remains anyone's guess. Latest market turbulence has sent most asset classes south. ![]()
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