Cass Information Systems, Inc. (CASS)
| Market Cap | 569.77M |
| Revenue (ttm) | 220.03M |
| Net Income (ttm) | 22.98M |
| Shares Out | 13.57M |
| EPS (ttm) | 1.68 |
| PE Ratio | 25.00 |
| Forward PE | 20.38 |
| Dividend | $1.24 (2.95%) |
| Ex-Dividend Date | Dec 3, 2024 |
| Volume | 111,638 |
| Open | 41.80 |
| Previous Close | 42.26 |
| Day's Range | 41.73 - 43.48 |
| 52-Week Range | 37.99 - 50.25 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 45.00 (+7.17%) |
| Earnings Date | Jan 23, 2025 |
About CASS
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates through two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The company also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense manag... [Read more]
Financial Performance
In 2023, Cass Information Systems's revenue was $213.23 million, an increase of 13.84% compared to the previous year's $187.31 million. Earnings were $30.06 million, a decrease of -13.88%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CASS stock is "Buy" and the 12-month stock price forecast is $45.0.
News
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...
Cass Information Systems Forms Strategic Partnership with Brazilian Firm Lupeon to Drive Global Growth
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), the leading global provider of freight audit and payment solutions, has announced a partnership with Lupeon, Brazil'...
Cass Information Systems: Safe Dividend But Efficiency Needs Urgent Improvement
Cass Information Systems operates in two segments: Information Services and Banking Services, with a diverse client base and international presence. Cass's invoice processing and banking services give...
Cass Information Systems Reports Third Quarter 2024 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2024 earnings of $0.21 per diluted share, as compared to $0.54 in the third quar...
Cass Information Systems Receives GSA Multiple Award Schedule Contract for Freight Audit and Payment
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), a leading provider of global payment solutions, has received a Multiple Award Schedule contract with the General Servi...
Cass Information Systems reports Second Quarter 2024 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported second quarter 2024 earnings of $0.32 per diluted share, as compared to $0.52 in the second qu...
Regal Rexnord Unveils Next Generation of Perceptiv™ Intelligent Solutions for Industrial Manufacturing
MILWAUKEE--(BUSINESS WIRE)--Regal Rexnord unveils next generation of Perceptiv™ Intelligent Reliability Solutions for industrial manufacturing.
Cass Information Systems, Inc. and FreightWaves SONAR Announce Partnership for Supply Chain Intelligence
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) and FreightWaves SONAR, the leader in supply chain intelligence, are excited to announce a strategic partnership designed to b...
A Legacy of Strength and Stability: Cass Commercial Bank Marks 118th Anniversary
ST. LOUIS--(BUSINESS WIRE)--Cass Commercial Bank proudly celebrates its 118th anniversary, marking over a century of unwavering commitment to financial excellence and community service. Established in...
Cass Information Systems Launches Working Capital Solution for Shippers and Carriers
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of global freight payment solutions, announces the availability of Amplify by Cass™, an addition to the ...
Cass Information Systems Reports First Quarter 2024 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported first quarter 2024 earnings of $0.52 per diluted share, as compared to $0.51 in the first quar...
Upgrade Your Equipment, Elevate Your Business: Cass Commercial Bank Launches New Equipment Finance Division
ST. LOUIS--(BUSINESS WIRE)--Cass Commercial Bank, a solid financial institution with a legacy of 117 years, is excited to announce the launch of its recent Equipment Finance Division. Designed to unlo...
Cass Information Systems Reports Fourth Quarter 2023 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported fourth quarter 2023 earnings of $0.61 per diluted share, as compared to $0.67 in the fourth qu...
Cass: Quarterly Headcount Growth, More Fees Charged, And Undervalued
Cass Information Systems recently received recognition from FedEx, which may lead to new payment functionalities and attract new customers. The company's business model offers comprehensive informatio...
Cass Information Systems Awarded Status as FedEx Certified FBAP Provider
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), the leading global provider of freight audit and payment solutions, has been recognized as a 2024 FedEx Certified Freight Bil...
9 Upcoming Dividend Increases, Including A King
Dividend growing companies perform better than those that don't increase their payouts consistently. Becton, Dickinson and Company is a dividend king, while UBSI and ADP are approaching king status. D...
Cass Information Systems Reports Third Quarter 2023 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2023 earnings of $0.54 per diluted share, as compared to $0.64 in the third quar...
Cass Information Systems: Waiting On Proof Of Margin Expansion
Cass Information Systems Inc. has faced challenges in growing its bottom line due to softer activity from operating clients and higher operating expenses. The company specializes in payment and inform...
Cass Information Systems Reports Second Quarter 2023 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported second quarter 2023 earnings of $0.52 per diluted share, as compared to $0.62 in the second qu...
Cass Information Systems: A Strong Performer That Continues To Become Stronger
Cass Information Systems is an underfollowed provider of technology solutions, primarily to customers in the transportation and utility sectors. CASS has a demonstrated history of consistently growing...
Cass Information Systems reports First Quarter 2023 Results
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported first quarter 2023 earnings of $0.51 per diluted share, a decrease of 15.0% from the $0.60 per...
Cass Information Systems, Inc. Elects Martin Resch as President and Chief Executive Officer; Eric Brunngraber named Executive Chairman
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom, and waste invoice payment and information services, announced that M...
Cass: January shipments better than expected; TL takes share from other modes
More freight flowed into the truckload space during January, according to a Tuesday report from Cass Information Systems. The shipments component of the Cass Freight Index was flat with December on a ...
Cass Information Systems: There Is Safety In Its Growth
Cass Information Systems is a small-cap stock in the technology sector that has consistently rewarded its shareholders. Its growth has been slow and steady, with no nasty surprises to its investors in...
Cass Information Systems Announces Record Annual and Quarterly Earnings
ST. LOUIS--(BUSINESS WIRE)-- Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported fourth quarter 2022 earnings of $.67 per diluted share, an increase of 21.8% from the $.55 ...