Cass Information Systems, Inc. (CASS)

Cass Information Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	131.16	131.85	130.47	124.98	109.69	100.44
Other Revenue	89.78	88.05	82.76	62.33	45.5	47.69
Revenue	220.94	219.89	213.23	187.31	155.19	148.13
Revenue Growth (YoY)	4.54%	3.13%	13.84%	20.70%	4.77%	-8.94%
Cost of Revenue	125.02	123.84	118.14	107.82	92.03	88.87
Gross Profit	95.92	96.06	95.08	79.48	63.16	59.26
Selling, General & Admin	7.03	6.98	6.81	6.57	6.45	5.92
Other Operating Expenses	28.03	27.71	26.73	19.19	14.12	13.2
Operating Expenses	52.53	51.58	41.46	33.1	28.17	26.55
Operating Income	43.4	44.48	53.62	46.38	34.99	32.7
Interest Expense	-19.2	-20.26	-16.27	-3.48	-1.17	-2.36
EBT Excluding Unusual Items	24.2	24.22	37.36	42.9	33.82	30.34
Legal Settlements	2	-	-	-	-	-
Pretax Income	26.2	24.22	37.36	42.9	33.82	30.34
Income Tax Expense	5.54	5.05	7.3	8	5.22	5.17
Net Income	20.98	19.17	30.06	34.9	28.6	25.18
Net Income to Common	20.98	19.17	30.06	34.9	28.6	25.18
Net Income Growth	-30.28%	-36.23%	-13.88%	22.02%	13.62%	-17.20%
Shares Outstanding (Basic)	13	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	15
Shares Change (YoY)	-0.39%	-0.28%	0.06%	-3.64%	-1.63%	-0.85%
EPS (Basic)	1.56	1.42	2.22	2.58	2.03	1.75
EPS (Diluted)	1.53	1.39	2.18	2.53	2.00	1.73
EPS Growth	-29.97%	-36.24%	-13.83%	26.50%	15.61%	-16.43%
Free Cash Flow	42.27	29.62	22.61	45.74	30.18	45.78
Free Cash Flow Per Share	3.08	2.15	1.64	3.31	2.11	3.14
Dividend Per Share	1.220	1.210	1.170	1.130	1.090	1.080
Dividend Growth	3.39%	3.42%	3.54%	3.67%	0.93%	2.86%
Gross Margin	43.42%	43.68%	44.59%	42.44%	40.70%	40.00%
Operating Margin	19.64%	20.23%	25.15%	24.76%	22.55%	22.08%
Profit Margin	9.50%	8.72%	14.10%	18.63%	18.43%	17.00%
Free Cash Flow Margin	19.13%	13.47%	10.61%	24.42%	19.45%	30.91%
EBITDA	49.82	50.46	58.59	51.08	40.16	38.03
EBITDA Margin	22.55%	22.95%	27.48%	27.27%	25.88%	25.68%
D&A For EBITDA	6.42	5.99	4.97	4.7	5.17	5.33
EBIT	43.4	44.48	53.62	46.38	34.99	32.7
EBIT Margin	19.64%	20.23%	25.15%	24.76%	22.55%	22.08%
Effective Tax Rate	21.16%	20.86%	19.53%	18.64%	15.43%	17.02%
Advertising Expenses	-	3.54	3.25	2.89	2.63	2.18

Updated Apr 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q