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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	131.3	131.85	130.47	124.98	109.69	100.44
Other Revenue	91.02	88.05	82.76	62.33	45.5	47.69
Revenue	222.32	219.89	213.23	187.31	155.19	148.13
Revenue Growth (YoY)	7.50%	3.13%	13.84%	20.70%	4.77%	-8.94%
Cost of Revenue	127.18	123.84	118.14	107.82	92.03	88.87
Gross Profit	95.13	96.06	95.08	79.48	63.16	59.26
Selling, General & Admin	7.09	6.98	6.81	6.57	6.45	5.92
Amortization of Goodwill & Intangibles	1.1	0.74	0.78	0.68	0.86	0.86
Other Operating Expenses	27.29	27.71	26.73	19.19	14.12	13.2
Operating Expenses	53.18	51.58	41.46	33.1	28.17	26.55
Operating Income	41.96	44.48	53.62	46.38	34.99	32.7
Interest Expense	-17.04	-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	9.85	-	-	-	-	-
Pretax Income	34.76	24.22	37.36	42.9	33.82	30.34
Income Tax Expense	7.07	5.05	7.3	8	5.22	5.17
Net Income	31.52	19.17	30.06	34.9	28.6	25.18
Net Income to Common	31.52	19.17	30.06	34.9	28.6	25.18
Net Income Growth	37.14%	-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)	-1.49%	-0.28%	0.06%	-3.64%	-1.63%	-0.85%
EPS (Basic)	2.37	1.42	2.22	2.58	2.03	1.75
EPS (Diluted)	2.31	1.39	2.18	2.53	2.00	1.73
EPS Growth	37.29%	-36.24%	-13.83%	26.50%	15.61%	-16.43%
Free Cash Flow	45.27	29.62	22.61	45.74	30.18	45.78
Free Cash Flow Per Share	3.33	2.15	1.64	3.31	2.11	3.14
Dividend Per Share	1.240	1.210	1.170	1.130	1.090	1.080
Dividend Growth	3.33%	3.42%	3.54%	3.67%	0.93%	2.86%
Gross Margin	42.79%	43.68%	44.59%	42.44%	40.70%	40.00%
Operating Margin	18.87%	20.23%	25.15%	24.76%	22.55%	22.08%
Profit Margin	14.18%	8.72%	14.10%	18.63%	18.43%	17.00%
Free Cash Flow Margin	20.36%	13.47%	10.61%	24.42%	19.45%	30.91%
EBITDA	49.29	50.46	58.59	51.08	40.16	38.03
EBITDA Margin	22.17%	22.95%	27.48%	27.27%	25.88%	25.68%
D&A For EBITDA	7.34	5.99	4.97	4.7	5.17	5.33
EBIT	41.96	44.48	53.62	46.38	34.99	32.7
EBIT Margin	18.87%	20.23%	25.15%	24.76%	22.55%	22.08%
Effective Tax Rate	20.34%	20.86%	19.53%	18.64%	15.43%	17.02%
Advertising Expenses	-	3.54	3.25	2.89	2.63	2.18

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q