Meta Financial Group Reports Q4 EPS of $0.74 vs. ($0.28) last year (CASH)

Meta Financial Group CASH today issued a press release announcing its results of operations and financial condition as of and for the fiscal year ended September 30, 2010. Meta Financial Group fiscal 2010 earnings were $12.4 million versus a $1.5 million loss in 2009. Fourth quarter net income was $2.5 million compared to a 2009 net loss of $0.7 million. The Meta Payment Systems (MPS) segment reported: Fiscal 2010 net income of $12.6 million compared to $4.1 million for 2009. 2010 fourth quarter net income of $2.3 million compared to a net loss of $1.3 million in 2009. The Traditional Bank (Retail Bank) segment reported: Fiscal 2010 net income of $0.6 million compared to a net loss of $4.5 million for 2009. 2010 fourth quarter net income of $0.5 million compared to $0.9 million last year.