Cass Information Systems, Inc. (CASS)

NASDAQ: CASS · IEX Real-Time Price · USD
44.04
+0.36 (0.82%)
Apr 19, 2024, 1:04 PM EDT - Market open
0.82%
Market Cap 600.20M
Revenue (ttm) 197.51M
Net Income (ttm) 30.06M
Shares Out 13.63M
EPS (ttm) 2.18
PE Ratio 20.20
Forward PE 15.75
Dividend $1.20 (2.73%)
Ex-Dividend Date Mar 4, 2024
Volume 13,369
Open 43.22
Previous Close 43.68
Day's Range 43.20 - 44.38
52-Week Range 35.05 - 50.25
Beta 0.74
Analysts Buy
Price Target 51.00 (+15.8%)
Earnings Date Apr 18, 2024

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]

Sector Industrials
IPO Date Jul 1, 1996
Employees 1,061
Stock Exchange NASDAQ
Ticker Symbol CASS
Full Company Profile

Financial Performance

In 2023, CASS's revenue was $197.51 million, an increase of 8.24% compared to the previous year's $182.48 million. Earnings were $30.06 million, a decrease of -13.88%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CASS stock is "Buy" and the 12-month stock price forecast is $51.0.

Price Target
$51.0
(15.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day ago - Business Wire

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...

21 days ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

6 months ago - Business Wire

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...

9 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - FreightWaves

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 ...

1 year ago - Business Wire

Cass Information Systems, Inc. Names Tony Urban as Executive Vice President and Transportation Information Services Business President.

ST. LOUIS--(BUSINESS WIRE)-- Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom, and waste invoice payment and information services, has promoted ...

1 year ago - Business Wire

Cass: ‘Considerable cost relief is now highly probable for 2023'

Shipments and freight costs were up again in October on a year-over-year (y/y) comparison, according to data from Cass Information Systems. However, the Monday report cautioned that a modest increase ...

1 year ago - FreightWaves

Cass Information Systems Announces Quarterly Earnings Per Share and Revenue Growth of 33.3% and 22.1%, Respectively

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2022 earnings of $.64 per diluted share, an increase of 33.3% from the $.48 per ...

1 year ago - Business Wire

Cass: July trends ‘steady as she goes'

Freight shipments and costs saw more subdued changes in July, according to data provided by Cass Information Systems on Monday. The shipments subset of the Cass Freight Index inched 0.4% higher year o...

1 year ago - FreightWaves

Ann Marr Joins Board of Directors of Cass Information Systems, Inc.

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom and waste invoice payment and information services, reported that Ann...

1 year ago - Business Wire

Cass Information Systems Announces Quarterly Net Income and Revenue Growth of 21.9% and 15.1%, Respectively

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported second quarter 2022 earnings of $.62 per diluted share, an increase of 29.2% from the $.48 per...

1 year ago - Business Wire

Cass Information Systems, Inc. To Acquire TouchPoint, Leading National Church Management Software (ChMS) Provider

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (NASDAQ: CASS) has entered into an agreement to acquire the assets of mobile church management software (ChMS) developer TouchPoint, a divisi...

2 years ago - Business Wire

Cass Information Systems, Inc. Names Todd Wills To Senior Vice President and Utilities General Manager

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom and waste invoice payment and information services, has added Todd Wi...

2 years ago - Business Wire

Cass Information Systems Announces Record Quarterly Net Income and Diluted Earnings Per Share

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported record first quarter 2022 earnings of $.60 per diluted share, an increase of 22.4% from the $....

2 years ago - Business Wire

Cass: Omicron hits January volumes; costs, rates still way up

Freight shipments fell 7.4% seasonally adjusted from December to January, according to a Monday report from Cass Information Systems. The volumes component of the Cass Freight Index was also 2.9% lowe...

2 years ago - FreightWaves

Cass Information Systems, Inc. Promotes Martin Resch To President and Chief Operating Officer

ST. LOUIS--(BUSINESS WIRE)--COO Martin Resch has been promoted to President of Cass Information Systems, Inc.

2 years ago - Business Wire

Cass Information Systems, Inc. Reports 25% Increase in Fourth Quarter Diluted EPS

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. Posts 25% Increase in Fourth Quarter Diluted EPS

2 years ago - Business Wire

Wendy Henry Joins Board of Directors of Cass Information Systems, Inc.

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom and waste invoice payment and information services, reported that Wen...

2 years ago - Business Wire

12 of the Best Stocks You Haven't Heard Of

The market is peppered with undiscovered gems boasting stable fundamentals and cheap valuations. Here are 12 of the best stocks flying under the radar.

2 years ago - Kiplinger

Cass Information Systems, Inc. Reports 20% Increase in Third Quarter Diluted EPS

ST. LOUIS--(BUSINESS WIRE)--Cass Reports 20% Increase in Q3 2021 Diluted EPS; Raises Dividend by 4%

2 years ago - Business Wire