Meta Financial Group, Inc. announced unaudited consolidated earnings results for the first quarter ended December 31, 2018. For the quarter, the company reported net interest income was $60,272,000 against $26,196,000 a year ago. Net income attributable to parent was $15,398,000 against $4,670,000 a year ago. Basic and diluted earnings per common share was $0.39 against $0.16 a year ago.

The Company continues to expect fiscal 2019 earnings per common share to be in the range of $2.30 to $2.70, excluding the effects related to Company executive transition costs. The Company estimates $6.1 million of pre-tax executive transition agreement costs will reduce fiscal 2019 earnings per common share by up to $0.12, all of which costs the Company expects will be incurred in the quarter ending March 31, 2019.

The Company also affirms the earnings outlook for fiscal year 2020 GAAP earnings per common share to be in the range of $3.10 to $3.80.

For the quarter ended December 31, 2018, the company reported net charge-offs were $0.8 million.