Cass Information Systems, Inc. (CASS)
| Market Cap | 594.61M |
| Revenue (ttm) | 197.51M |
| Net Income (ttm) | 30.06M |
| Shares Out | 13.63M |
| EPS (ttm) | 2.18 |
| PE Ratio | 20.04 |
| Forward PE | 17.06 |
| Dividend | $1.20 (2.75%) |
| Ex-Dividend Date | Mar 4, 2024 |
| Volume | 31,349 |
| Open | 43.38 |
| Previous Close | 43.44 |
| Day's Range | 43.30 - 43.98 |
| 52-Week Range | 35.20 - 50.25 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 51.00 (+16.92%) |
| 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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for CASS stock is "Buy" and the 12-month stock price forecast is $51.0.
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...
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 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...
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 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 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 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 ...
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 ...
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 ...
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 ...
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...
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...
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...
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...
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...
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 $....
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...
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.
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
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...
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%