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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	131.23	131.85	130.47	124.98	109.69	100.44
Other Revenue	88.62	88.05	82.76	62.33	45.5	47.69
Revenue	219.84	219.89	213.23	187.31	155.19	148.13
Revenue Growth (YoY)	5.05%	3.13%	13.84%	20.70%	4.77%	-8.94%
Cost of Revenue	126.15	123.84	118.14	107.82	92.03	88.87
Gross Profit	93.69	96.06	95.08	79.48	63.16	59.26
Selling, General & Admin	7.06	6.98	6.81	6.57	6.45	5.92
Other Operating Expenses	26.74	27.71	26.73	19.19	14.12	13.2
Operating Expenses	50.73	51.58	41.46	33.1	28.17	26.55
Operating Income	42.96	44.48	53.62	46.38	34.99	32.7
Interest Expense	-18.05	-20.26	-16.27	-3.48	-1.17	-2.36
EBT Excluding Unusual Items	24.91	24.22	37.36	42.9	33.82	30.34
Legal Settlements	2	-	-	-	-	-
Pretax Income	26.91	24.22	37.36	42.9	33.82	30.34
Income Tax Expense	5.4	5.05	7.3	8	5.22	5.17
Net Income	25.35	19.17	30.06	34.9	28.6	25.18
Net Income to Common	25.35	19.17	30.06	34.9	28.6	25.18
Net Income Growth	-7.61%	-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)	-0.89%	-0.28%	0.06%	-3.64%	-1.63%	-0.85%
EPS (Basic)	1.89	1.42	2.22	2.58	2.03	1.75
EPS (Diluted)	1.86	1.39	2.18	2.53	2.00	1.73
EPS Growth	-6.58%	-36.24%	-13.83%	26.50%	15.61%	-16.43%
Free Cash Flow	31.75	29.62	22.61	45.74	30.18	45.78
Free Cash Flow Per Share	2.32	2.15	1.64	3.31	2.11	3.14
Dividend Per Share	1.230	1.210	1.170	1.130	1.090	1.080
Dividend Growth	3.36%	3.42%	3.54%	3.67%	0.93%	2.86%
Gross Margin	42.62%	43.68%	44.59%	42.44%	40.70%	40.00%
Operating Margin	19.54%	20.23%	25.15%	24.76%	22.55%	22.08%
Profit Margin	11.53%	8.72%	14.10%	18.63%	18.43%	17.00%
Free Cash Flow Margin	14.44%	13.47%	10.61%	24.42%	19.45%	30.91%
EBITDA	50	50.46	58.59	51.08	40.16	38.03
EBITDA Margin	22.74%	22.95%	27.48%	27.27%	25.88%	25.68%
D&A For EBITDA	7.04	5.99	4.97	4.7	5.17	5.33
EBIT	42.96	44.48	53.62	46.38	34.99	32.7
EBIT Margin	19.54%	20.23%	25.15%	24.76%	22.55%	22.08%
Effective Tax Rate	20.08%	20.86%	19.53%	18.64%	15.43%	17.02%
Advertising Expenses	-	3.54	3.25	2.89	2.63	2.18

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

SEC Filings: 10-K · 10-Q