U.S. Markets closed

Meta posts 2Q profit

SIOUX FALLS, S.D. (AP) _ Meta Financial Group Inc. (CASH) on Wednesday reported fiscal second-quarter earnings of $32.1 million.

The Sioux Falls, South Dakota-based company said it had net income of $3.42 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $4.11 per share.

The holding company for Meta Bank posted revenue of $119.9 million in the period. Its adjusted revenue was $116.1 million.

Meta shares have decreased 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $90.05, a rise of 95 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CASH at https://www.zacks.com/ap/CASH


Keywords: Meta Financial, Earnings Report