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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $190.75M | $199.19M | $197.51M | $182.48M | $154.15M | $144.96M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $151.99M | $174.97M | - | - | - | - |
| D&A | $6.03M | $5.25M | $4.19M | $4.02M | $4.31M | $5.33M |
| Operating Income | $38.76M | $24.22M | $37.36M | $42.90M | $30.34M | $30.34M |
| Interest Expense | - | $20.26M | $16.27M | $3.48M | $1.17M | $2.36M |
| Income Tax | $7.65M | $5.05M | $7.30M | $8.00M | $5.22M | $5.17M |
| Net Income | $35.12M | $19.17M | $30.06M | $34.90M | $28.60M | $25.18M |
| EPS - Basic | $2.66 | $1.42 | $2.22 | $2.58 | $2.03 | $1.75 |
| EPS - Diluted | $2.61 | $1.39 | $2.18 | $2.53 | $2.00 | $1.73 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $392.27M | $349.73M | $372.47M | $200.94M | $230.93M | $228.11M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $2.61B | $2.40B | $2.48B | $2.57B | $2.55B | $2.20B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $2.36B | $2.17B | $2.25B | $2.37B | $2.31B | $1.94B |
| Stockholders' Equity | $243.00M | $229.03M | $229.81M | $206.32M | $245.80M | $261.16M |
| Retained Earnings | $167.09M | $148.49M | $145.78M | $131.68M | $112.22M | $99.06M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $37.44M | $38.95M | $36.94M | $51.61M | $34.55M | $47.78M |
| Investing Cash Flow | ($145.28M) | $3.95M | $284.66M | ($306.39M) | ($528.52M) | ($43.90M) |
| Financing Cash Flow | $150.38M | ($65.64M) | ($150.07M) | ($59.20M) | $338.37M | $462.69M |
| CapEx | $5.66M | $9.33M | $14.32M | $5.87M | $4.37M | $2.00M |
| Free Cash Flow | $31.77M | $29.62M | $22.61M | $45.74M | $30.18M | $45.78M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 20.3% | 12.2% | 18.9% | 23.5% | 19.7% | 20.9% |
| EBITDA margin | 23.5% | 14.8% | 21.0% | 25.7% | 22.5% | 24.6% |
| Net margin | 18.4% | 9.6% | 15.2% | 19.1% | 18.6% | 17.4% |
| Free cash flow margin | 16.7% | 14.9% | 11.4% | 25.1% | 19.6% | 31.6% |
| FCF / Net income | 0.90 | 1.55 | 0.75 | 1.31 | 1.06 | 1.82 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 17.9% | 20.9% | 19.5% | 18.6% | 15.4% | 17.0% |
| Return on assets | 1.3% | 0.8% | 1.2% | 1.4% | 1.1% | 1.1% |
| Return on equity | 14.5% | 8.4% | 13.1% | 16.9% | 11.6% | 9.6% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | 1.2x | 2.3x | 12.3x | 25.9x | 12.8x |
| Equity multiplier | 10.72 | 10.46 | 10.79 | 12.47 | 10.39 | 8.44 |
| Liabilities / Assets | 0.91 | 0.90 | 0.91 | 0.92 | 0.90 | 0.88 |
| Efficiency | ||||||
| Asset turnover | 0.07 | 0.08 | 0.08 | 0.07 | 0.06 | 0.07 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 15.9x | 29.4x | 20.7x | 18.1x | 19.7x | 22.5x |
| P / B | 2.3x | 2.5x | 2.7x | 3.1x | 2.3x | 2.2x |
| P / S | 2.9x | 2.8x | 3.2x | 3.5x | 3.7x | 3.9x |
| EV / EBITDA | 3.7x | 7.3x | 6.0x | 9.2x | 9.6x | 9.5x |
| Growth | ||||||
| Revenue growth (YoY) | -4.2% | 0.8% | 8.2% | 18.4% | 6.3% | -7.8% |
| Revenue CAGR (3y) | 1.5% | 8.9% | 10.9% | 5.1% | 1.3% | 2.3% |
| Revenue CAGR (5y) | 5.6% | 4.8% | 5.9% | 6.2% | 4.2% | 3.7% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 60.0% | -35.2% | -12.9% | 41.4% | 0.0% | -13.1% |
| Net income growth (YoY) | 83.2% | -36.2% | -13.9% | 22.0% | 13.6% | -17.2% |
| EPS growth (YoY) | 87.8% | -36.2% | -13.8% | 26.5% | 15.6% | -16.4% |
| EPS CAGR (3y) | 1.0% | -11.4% | 8.0% | 6.9% | -0.5% | -4.9% |
| EPS CAGR (5y) | 8.6% | -7.7% | 1.4% | 4.7% | -1.4% | -2.9% |
| FCF growth (YoY) | 7.3% | 31.0% | -50.6% | 51.6% | -34.1% | 16.2% |
| FCF CAGR (5y) | -7.0% | -5.5% | -12.4% | 8.0% | -0.2% | 10.5% |
| Book value growth (YoY) | 6.1% | -0.3% | 11.4% | -16.1% | -5.9% | 6.9% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
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 |