CASS · Cass Information Systems Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.10M | - | $50.06M | $44.40M | $46.41M | - | $50.55M | $48.59M | $49.68M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $38.22M | - | $38.44M | $38.12M | $36.21M | - | - | - | - | - |
| D&A | $1.44M | - | - | - | $1.40M | - | - | - | $1.14M | - |
| Operating Income | $10.88M | - | $11.62M | $6.28M | $10.88M | - | $3.65M | $5.80M | $9.01M | - |
| Interest Expense | $3.89M | - | - | - | - | - | $5.16M | $5.31M | $5.18M | - |
| Income Tax | $2.14M | - | $2.40M | $1.12M | $2.33M | - | $714.0K | $1.31M | $1.85M | - |
| Net Income | $8.83M | - | $9.11M | $8.86M | $8.97M | - | $2.94M | $4.48M | $7.15M | - |
| EPS - Basic | $0.69 | - | $0.69 | $0.67 | $0.67 | - | $0.22 | $0.33 | $0.53 | - |
| EPS - Diluted | $0.67 | - | $0.68 | $0.66 | $0.66 | - | $0.21 | $0.32 | $0.52 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $244.34M | $392.27M | $258.63M | $218.16M | $220.67M | $349.73M | $230.56M | $223.73M | $192.80M | $372.47M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.53B | $2.61B | $2.45B | $2.32B | $2.32B | $2.40B | $2.26B | $2.28B | $2.29B | $2.48B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.29B | $2.36B | $2.21B | $2.08B | $2.08B | $2.17B | $2.02B | $2.05B | $2.06B | $2.25B |
| Stockholders' Equity | $241.79M | $243.00M | $243.45M | $240.82M | $234.25M | $229.03M | $237.65M | $229.93M | $229.49M | $229.81M |
| Retained Earnings | $171.80M | $167.09M | $163.04M | $158.00M | $153.28M | $148.49M | $148.09M | $149.24M | $148.84M | $145.78M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.55M | - | - | - | $21.57M | - | - | - | $9.83M | - |
| Investing Cash Flow | ($144.87M) | - | - | - | ($71.03M) | - | - | - | ($71.98M) | - |
| Financing Cash Flow | ($17.61M) | - | - | - | ($79.59M) | - | - | - | ($117.52M) | - |
| CapEx | $1.90M | - | - | - | $2.57M | - | - | - | $3.66M | - |
| Free Cash Flow | $12.65M | - | - | - | $18.99M | - | - | - | $6.17M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 22.2% | - | 23.2% | 14.1% | 23.4% | - | 7.2% | 11.9% | 18.1% | - |
| EBITDA margin | 25.1% | - | - | - | 26.5% | - | - | - | 20.4% | - |
| Net margin | 18.0% | - | 18.2% | 19.9% | 19.3% | - | 5.8% | 9.2% | 14.4% | - |
| Free cash flow margin | 25.8% | - | - | - | 40.9% | - | - | - | 12.4% | - |
| FCF / Net income | 1.43 | - | - | - | 2.12 | - | - | - | 0.86 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 19.5% | - | 20.9% | 11.2% | 20.6% | - | 19.6% | 22.6% | 20.6% | - |
| Return on assets | 0.3% | - | 0.4% | 0.4% | 0.4% | - | 0.1% | 0.2% | 0.3% | - |
| Return on equity | 3.7% | - | 3.7% | 3.7% | 3.8% | - | 1.2% | 2.0% | 3.1% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 2.8x | - | - | - | - | - | 0.7x | 1.1x | 1.7x | - |
| Equity multiplier | 10.48 | 10.72 | 10.08 | 9.62 | 9.90 | 10.46 | 9.51 | 9.93 | 9.99 | 10.79 |
| Liabilities / Assets | 0.90 | 0.91 | 0.90 | 0.90 | 0.90 | 0.90 | 0.89 | 0.90 | 0.90 | 0.91 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.02 | 0.02 | 0.02 | - | 0.02 | 0.02 | 0.02 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 65.7x | - | 57.8x | 65.8x | 65.5x | - | 197.5x | 125.2x | 92.6x | - |
| P / B | 2.4x | - | 2.2x | 2.4x | 2.5x | - | 2.4x | 2.4x | 2.9x | - |
| P / S | 11.8x | - | 10.5x | 13.2x | 12.7x | - | 11.3x | 11.4x | 13.4x | - |
| EV / EBITDA | 27.2x | - | - | - | 30.1x | - | - | - | 46.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.8% | - | -1.0% | -8.6% | -6.6% | - | 2.7% | 0.8% | 0.7% | - |
| Revenue CAGR (3y) | -0.2% | - | 2.0% | 0.1% | 3.3% | - | 9.3% | 8.2% | 10.2% | - |
| Revenue CAGR (5y) | 5.8% | - | 7.0% | 5.5% | 4.0% | - | 4.5% | 4.3% | 5.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 0.1% | - | 218.0% | 8.3% | 20.8% | - | -60.1% | -34.6% | 0.4% | - |
| Net income growth (YoY) | -1.5% | - | 209.9% | 97.5% | 25.4% | - | -60.3% | -37.2% | 0.5% | - |
| EPS growth (YoY) | 1.5% | - | 223.8% | 106.3% | 26.9% | - | -61.1% | -38.5% | 2.0% | - |
| EPS CAGR (3y) | 9.5% | - | 2.0% | 2.1% | 3.2% | - | -24.1% | -12.6% | 2.0% | - |
| EPS CAGR (5y) | 6.5% | - | 11.2% | 12.3% | 4.9% | - | -67.3% | -9.3% | -1.1% | - |
| FCF growth (YoY) | -33.4% | - | - | - | 208.0% | - | - | - | -16.0% | - |
| FCF CAGR (5y) | -4.3% | - | - | - | 1.3% | - | - | - | -17.1% | - |
| Book value growth (YoY) | 3.2% | 6.1% | 2.4% | 4.7% | 2.1% | -0.3% | 15.2% | 6.9% | 5.5% | 11.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$192.32M totalInformation Services$154.51M · 80.3%
Banking Services$37.80M · 19.7%
Product / service
$315.99M totalInformation Services$106.53M · 33.7%
Processing Fees$66.13M · 20.9%
Product$63.90M · 20.2%
Financial Fees$40.40M · 12.8%
Service$39.04M · 12.4%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing CASS INFORMATION SYSTEMS INC against the 5 most active filers in the same SIC group.
Dividends
$0.95/share trailing 12 months · -22.8% YoY
| Ex-date | Per share |
|---|---|
| Mar 3, 2026 | $0.3200 |
| Dec 5, 2025 | $0.3200 |
| Sep 5, 2025 | $0.3100 |
| Jun 3, 2025 | $0.3100 |
| Mar 4, 2025 | $0.3100 |
| Dec 3, 2024 | $0.3100 |
| Sep 3, 2024 | $0.3000 |
| Jun 4, 2024 | $0.3000 |
| Mar 4, 2024 | $0.3000 |
| Dec 4, 2023 | $0.3000 |
| Sep 1, 2023 | $0.2900 |
| Jun 2, 2023 | $0.2900 |
| Mar 2, 2023 | $0.2900 |
| Dec 2, 2022 | $0.2900 |
| Sep 1, 2022 | $0.2800 |
| Jun 2, 2022 | $0.2800 |
| Mar 3, 2022 | $0.2800 |
| Dec 2, 2021 | $0.2800 |
| Sep 2, 2021 | $0.2700 |
| Jun 3, 2021 | $0.2700 |
| Mar 4, 2021 | $0.2700 |
| Dec 3, 2020 | $0.2700 |
| Sep 3, 2020 | $0.2700 |
| Jun 4, 2020 | $0.2700 |