Market Summary
USD38.62-0.88
Market Closed-2.23%
CASS Alerts
CASS Stock Price
CASS RSI Chart
CASS Valuation
CASS Price/Sales (Trailing)
CASS Profitability
CASS Fundamentals
CASS Revenue
CASS Earnings
Price Action
52 Week Range
32.3751.48
(Low)(High)
Last 7 days
0.9%
Last 30 days
5.5%
Last 90 days
-19.1%
Trailing 12 Months
14.1%
CASS Financial Health
CASS Investor Care
Peers (Alternatives to Cass Information Systems)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MA | 347.9B | 22.8B | -3.91% | 2.15% | 36.01 | 15.25 | 14.69% | 1.79% |
ACN | 193.0B | 63.1B | 9.48% | 3.32% | 27.81 | 3.06 | 11.38% | 8.58% |
FIS | 35.1B | 14.5B | -3.74% | -47.54% | -2.1 | 2.42 | 2.83% | -1935.16% |
GPN | 25.6B | 9.1B | -5.16% | -25.30% | -177.24 | 2.81 | 4.85% | -114.24% |
AKAM | 14.1B | 3.6B | 14.38% | -8.83% | 28.87 | 3.88 | 3.02% | -22.55% |
| MID-CAP | ||||||||
WEX | 7.1B | 2.4B | -4.72% | -2.60% | 48.4 | 2.9 | 24.92% | -27.14% |
EXLS | 5.0B | 1.5B | -13.98% | 6.15% | 31.81 | 3.39 | 24.65% | 32.87% |
MMS | 4.9B | 4.8B | -3.87% | 25.87% | 28.58 | 1.03 | 1.73% | -31.11% |
WU | 4.3B | 4.4B | 4.78% | -36.30% | 5.54 | 0.98 | -13.15% | -16.16% |
| SMALL-CAP | ||||||||
MGI | 1.1B | 1.3B | 16.67% | 9.03% | 30.77 | 0.8 | 4.60% | 957.58% |
CNDT | 661.9M | 3.8B | -15.13% | -42.83% | -2.04 | 0.17 | -6.52% | -372.27% |
CASS | 529.6M | 189.7M | 5.46% | 14.12% | 15.68 | 2.79 | 19.22% | 13.33% |
IIIV | 525.5M | 345.7M | -1.51% | -2.02% | -70.97 | 1.52 | 22.43% | 55.73% |
Financials for Cass Information Systems
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 4.0% | 190 | 182 | 173 | 165 | 159 |
| EBITDA | 9.1% | 106 | 97.00 | 90.00 | 86.00 | - |
| EBITDA Margin | 3.7% | 0.58* | 0.56* | 0.75* | 0.54* | - |
| Earnings Before Taxes | -3.0% | 42.00 | 43.00 | 40.00 | 37.00 | 36.00 |
| EBT Margin | 1.0% | 0.24* | 0.23* | 0.31* | 0.22* | - |
| Interest Expenses | 10.5% | 59.00 | 53.00 | 49.00 | 46.00 | - |
| Net Income | -3.3% | 34.00 | 35.00 | 33.00 | 31.00 | 30.00 |
| Net Income Margin | -0.4% | 0.19* | 0.19* | 0.26* | 0.19* | - |
| Free Cahsflow | 18.1% | 46.00 | 39.00 | 38.00 | 27.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -5.7% | 2,427 | 2,573 | 2,611 | 2,444 | 2,422 |
| Cash Equivalents | 4.7% | 210 | 201 | 347 | 261 | 191 |
| Net PPE | 5.1% | 21.00 | 20.00 | 19.00 | 19.00 | 19.00 |
| Goodwill | 0% | 17.00 | 17.00 | 17.00 | 3.00 | 14.00 |
| Liabilities | -6.6% | 2,210 | 2,367 | 2,419 | 2,238 | 2,205 |
| Shareholder's Equity | 5.4% | 218 | 206 | 192 | 206 | 217 |
| Retained Earnings | 2.4% | 135 | 132 | 126 | 121 | 117 |
| Additional Paid-In Capital | -0.4% | 207 | 207 | 206 | 204 | 203 |
| Shares Outstanding | 0.3% | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -10.5% | 46.00 | 52.00 | 45.00 | 44.00 | 33.00 |
| Share Based Compensation | 12.8% | 8.00 | 7.00 | 5.00 | 5.00 | 3.00 |
| Cashflow From Investing | 99.6% | -1.38 | -306 | -502 | -566 | -634 |
| Cashflow From Financing | 56.5% | -25.77 | -59.20 | 304 | 162 | 194 |
| Dividend Payments | 0.9% | 16.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Buy Backs | -96.0% | 0.00 | 5.00 | 17.00 | 31.00 | 35.00 |
Risks for CASS
What is the probability of a big loss on CASS?
61.9%
Probability that Cass Information Systems stock will be more than 20% underwater in next one year
38.1%
Probability that Cass Information Systems stock will be more than 30% underwater in next one year.
18.5%
Probability that Cass Information Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CASS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Cass Information Systems was unfortunately bought at previous high price.
Drawdowns
Returns for CASS
Cumulative Returns on CASS
0.2%
10-Year Cumulative Returns
-1.6%
7-Year Cumulative Returns
-7.6%
5-Year Cumulative Returns
0.3%
3-Year Cumulative Returns
What are the long-term rolling returns for CASS?
FIve years rolling returns for Cass Information Systems.
Annualized Returns
Which funds bought or sold CASS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | added | 8.99 | 93,191 | 3,181,600 | 0.01% |
2023-05-23 | ROYCE & ASSOCIATES LP | reduced | -5.48 | -459,190 | 3,848,440 | 0.04% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -22.17 | -2,732,530 | 7,603,470 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -17.39 | -104,000 | 369,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 15.08 | 72,000 | 882,000 | -% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | added | 155 | 349,055 | 595,383 | -% |
2023-05-16 | Ancora Advisors, LLC | unchanged | - | -173 | 10,827 | -% |
2023-05-15 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | unchanged | - | -63.00 | 1,082 | -% |
2023-05-15 | TWO SIGMA ADVISERS, LP | added | 8.37 | 34,673 | 1,457,340 | -% |
2023-05-15 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | added | 3.14 | -183,481 | 7,134,890 | 0.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
CASS Alerts
Cass Information Systems News
Schedule 13G FIlings of Cass Information Systems
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 6.49% | 886,438 | SC 13G/A | |
| Jan 31, 2023 | blackrock inc. | 7.7% | 1,049,109 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 5.75% | 806,231 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.1% | 990,489 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 5.76% | 830,755 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.1% | 1,024,385 | SC 13G/A | |
| May 08, 2020 | kayne anderson rudnick investment management llc | 0.00% | 511 | SC 13G/A | |
| Feb 14, 2020 | kayne anderson rudnick investment management llc | 7.66% | 1,111,123 | SC 13G/A | |
| Feb 14, 2020 | kuehner kim durning | 6.0% | 867,731 | SC 13G | |
| Feb 12, 2020 | vanguard group inc | 5.89% | 854,381 | SC 13G/A |
Recent SEC filings of Cass Information Systems
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 09, 2023 | 10-Q | Quarterly Report | |
| Apr 26, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading | |
| Apr 24, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for CASS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-04-24 | Resch Martin H. | bought | 36,000 | 36.00 | 1,000 | president & ceo |
2023-04-24 | Normile Michael James | bought | 3,640 | 36.4 | 100 | cfo |
2023-04-21 | Resch Martin H. | bought | 37,500 | 37.5 | 1,000 | president & ceo |
2023-04-20 | Marr Ann Walter | acquired | 59,987 | 37.61 | 1,595 | - |
2023-04-20 | LINDEMANN JAMES J | acquired | 59,987 | 37.61 | 1,595 | - |
2023-04-20 | Normile Michael James | bought | 9,062 | 36.25 | 250 | cfo |
2023-04-20 | RUPP JOSEPH D | acquired | 59,987 | 37.61 | 1,595 | - |
2023-04-20 | WICKS FRANK | acquired | 59,987 | 37.61 | 1,595 | - |
2023-04-20 | Resch Martin H. | bought | 42,162 | 36.16 | 1,166 | president & ceo |
2023-04-20 | Henry Wendy J. | acquired | 59,987 | 37.61 | 1,595 | - |
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.
CASS Income Statement
2023-03-31CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Fee Revenue and Other Income: | ||
| Fee revenues | $ 31,036 | $ 29,997 |
| Other | 1,335 | 862 |
| Total fee revenue and other income | 32,107 | 30,430 |
| Interest Income: | ||
| Interest and fees on loans | 12,235 | 8,777 |
| Interest and dividends on securities: | ||
| Taxable | 3,586 | 1,456 |
| Exempt from federal income taxes | 1,208 | 1,677 |
| Interest on federal funds sold and other short-term investments | 3,113 | 216 |
| Total interest income | 20,142 | 12,126 |
| Interest Expense: | ||
| Interest on deposits | 3,171 | 223 |
| Interest on short-term borrowings | 73 | 0 |
| Total interest expense | 3,244 | 223 |
| Net interest income | 16,898 | 11,903 |
| (Release of) provision for credit losses | (340) | 230 |
| Net interest income after (release of) provision for credit losses | 17,238 | 11,673 |
| Total net revenue | 49,345 | 42,103 |
| Operating Expense: | ||
| Personnel | 30,026 | 24,718 |
| Occupancy | 855 | 915 |
| Equipment | 2,082 | 1,711 |
| Amortization of intangible assets | 195 | 135 |
| Other operating expense | 7,214 | 4,349 |
| Total operating expense | 40,372 | 31,828 |
| Income before income tax expense | 8,973 | 10,275 |
| Income tax expense | 1,856 | 2,017 |
| Net income | $ 7,117 | $ 8,258 |
| Basic earnings per share (in dollars per share) | $ 0.52 | $ 0.61 |
| Diluted earnings per share (in dollars per share) | $ 0.51 | $ 0.60 |
| Processing fees | ||
| Fee Revenue and Other Income: | ||
| Fee revenues | $ 19,513 | $ 19,036 |
| Financial fees | ||
| Fee Revenue and Other Income: | ||
| Fee revenues | $ 11,259 | $ 10,532 |
CASS Balance Sheet
2023-03-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets | ||
| Cash and due from banks | $ 28,118 | $ 20,995 |
| Short-term investments | 182,360 | 179,947 |
| Cash and cash equivalents | 210,478 | 200,942 |
| Securities available-for-sale, at fair value | 703,037 | 754,468 |
| Loans | 1,070,373 | 1,082,906 |
| Less: Allowance for credit losses | 13,254 | 13,539 |
| Loans, net | 1,057,119 | 1,069,367 |
| Payments in advance of funding | 259,819 | 293,775 |
| Premises and equipment, net | 20,967 | 19,958 |
| Investment in bank-owned life insurance | 48,278 | 47,998 |
| Goodwill | 17,309 | 17,309 |
| Other intangible assets, net | 3,931 | 4,126 |
| Receivables from Customers | 37,288 | 95,779 |
| Other assets | 69,163 | 69,301 |
| Total assets | 2,427,389 | 2,573,023 |
| Deposits: | ||
| Noninterest-bearing | 585,323 | 642,757 |
| Interest-bearing | 530,827 | 614,460 |
| Total deposits | 1,116,150 | 1,257,217 |
| Accounts and drafts payable | 1,051,435 | 1,067,600 |
| Other liabilities | 42,304 | 41,881 |
| Total liabilities | 2,209,889 | 2,366,698 |
| Shareholders’ Equity: | ||
| Preferred stock, par value $.50 per share; 2,000,000 shares authorized and no shares issued | 0 | 0 |
| Common Stock, Value, Outstanding | 7,753 | 7,753 |
| Additional paid-in capital | 206,614 | 207,422 |
| Retained earnings | 134,822 | 131,682 |
| Common shares in treasury, at cost (1,793,679 shares at March 31, 2023 and 1,836,116 shares at December 31, 2022) | 79,419 | 81,211 |
| Accumulated other comprehensive loss | (52,270) | (59,321) |
| Total shareholders’ equity | 217,500 | 206,325 |
| Total liabilities and shareholders’ equity | $ 2,427,389 | $ 2,573,023 |