CASS - Cass Information Systems Inc Stock Price, Fair Value and News

45.07USD-0.16 (-0.35%)Market Closed

Market Summary

USD45.07-0.16

Market Closed

-0.35%

CASS Stock Price

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CASS RSI Chart

CASS Valuation

Market Cap

617.4M

Price/Earnings (Trailing)

20.54

Price/Sales (Trailing)

3.13

EV/EBITDA

2.27

Price/Free Cashflow

27.3

CASS Price/Sales (Trailing)

CASS Profitability

EBT Margin

18.91%

Return on Equity

13.08%

Return on Assets

1.21%

Free Cashflow Yield

3.66%

CASS Fundamentals

CASS Revenue

Revenue (TTM)

197.5M

Rev. Growth (Yr)

3.66%

Rev. Growth (Qtr)

3.07%

CASS Earnings

Earnings (TTM)

30.1M

Earnings Growth (Yr)

-9.42%

Earnings Growth (Qtr)

13.74%

Breaking Down CASS Revenue

52 Week Range

35.0545.07

(Low)(High)

Last 7 days

-6.2%

Last 30 days

-2.4%

Last 90 days

8.5%

Trailing 12 Months

7.5%

How does CASS drawdown profile look like?

CASS Financial Health

CASS Investor Care

Dividend Yield

2.59%

Dividend/Share (TTM)

1.17

Buy Backs (1Y)

0.45%

Diluted EPS (TTM)

2.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	189.7M	193.7M	195.7M	197.5M
2022	159.1M	164.9M	173.5M	182.5M
2021	143.9M	148.4M	151.3M	154.1M
2020	157.0M	151.5M	146.8M	145.0M
2019	150.7M	153.7M	156.6M	157.2M
2018	139.0M	141.7M	145.0M	148.3M
2017	127.1M	129.8M	132.4M	135.3M
2016	121.8M	122.6M	123.7M	125.5M
2015	118.3M	119.1M	120.1M	120.8M
2014	115.1M	115.2M	115.8M	117.2M
2013	111.5M	112.3M	113.5M	114.8M
2012	108.9M	110.7M	111.3M	111.5M
2011	99.5M	102.4M	105.0M	106.5M
2010	0	90.7M	93.5M	96.2M
2009	0	0	0	87.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Cass Information Systems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 21, 2024	clermont ralph w	acquired	12,969	46.99	276	-
Mar 21, 2024	wicks frank	acquired	12,969	46.99	276	-
Mar 21, 2024	schilling randall l	acquired	12,969	46.99	276	-
Mar 21, 2024	lindemann james j	acquired	12,969	46.99	276	-
Mar 21, 2024	rupp joseph d	acquired	12,969	46.99	276	-
Jan 26, 2024	cavellier james m jr	sold (taxes)	-103,113	43.99	-2,344	cio
Jan 26, 2024	resch martin h.	sold (taxes)	-170,065	43.99	-3,866	president & ceo
Jan 26, 2024	normile michael james	acquired	-	-	3,839	cfo
Jan 26, 2024	schuckman matthew steven	sold (taxes)	-46,717	43.99	-1,062	executive vice president
Jan 26, 2024	brunngraber eric h	acquired	-	-	19,068	executive chairman

Which funds bought or sold CASS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Ellsworth Advisors, LLC	new	-	448,902	448,902	0.13%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-13.08	-27,580	362,913	0.01%
Apr 12, 2024	Pacifica Partners Inc.	sold off	-100	-4,198	-	-%
Apr 12, 2024	AdvisorNet Financial, Inc	new	-	7,226	7,226	-%
Apr 12, 2024	NORTHWEST INVESTMENT COUNSELORS, LLC	new	-	4,817	4,817	-%
Apr 12, 2024	FIRST FINANCIAL CORP /IN/	new	-	2,311	2,311	-%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	reduced	-18.9	-18,996	124,038	-%
Apr 05, 2024	CWM, LLC	added	483	8,000	9,000	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	added	57.64	1,093,950	2,689,570	0.01%
Apr 05, 2024	GAMMA Investing LLC	added	3.6	1,497	11,079	-%

Are Funds Buying or Selling CASS?

Are funds buying CASS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CASS

No. of Funds

Unveiling Cass Information Systems Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.00%	815,588	SC 13G/A
Jan 26, 2024	blackrock inc.	8.0%	1,081,441	SC 13G/A
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

Recent SEC filings of Cass Information Systems Inc

View All Filings

Date Filed	Form Type	Document
Mar 25, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 07, 2024	DEF 14A	DEF 14A
Mar 07, 2024	DEFA14A	DEFA14A
Feb 28, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Jan 29, 2024	4	Insider Trading

Peers (Alternatives to Cass Information Systems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	100.3B	18.6B	0.88%	11.94%	28.2	5.4	7.76%	13.08%
CTAS	67.7B	9.4B	6.29%	44.34%	45	7.19	9.34%	15.98%
CPRT	52.3B	4.1B	-3.14%	40.45%	38.54	12.88	10.52%	25.37%
EFX	29.6B	5.3B	-5.69%	21.32%	54.23	5.62	2.79%	-21.68%
BAH	18.4B	10.3B	-1.86%	46.60%	45.04	1.79	13.90%	-5.05%
ALLE	11.1B	3.7B	-3.09%	21.00%	20.47	3.03	11.58%	17.98%
MID-CAP
RHI	7.4B	6.4B	-10.32%	-7.18%	18.09	1.16	-11.68%	-37.51%
AL	5.4B	2.7B	2.80%	21.67%	8.75	2	15.87%	733.47%
SRCL	4.5B	2.7B	-6.46%	13.98%	-212.6	1.7	-1.68%	-137.70%
ABM	2.8B	8.2B	4.63%	1.26%	10.88	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	1.5B	5.16%	94.65%	85.1	1.27	41.33%	169.51%
ALTG	385.8M	1.9B	6.43%	-17.24%	43.35	0.21	19.40%	-4.30%
ARC	114.2M	281.2M	0.75%	-13.03%	13.87	0.41	-1.68%	-25.77%
AQMS	57.1M	1.1M	4.08%	-56.78%	-2.39	49.78	336.95%	-55.13%
AWX	8.7M	80.5M	-7.50%	-18.83%	-4.87	0.11	-0.82%	-207.00%

Cass Information Systems Inc News

Latest updates

Cass Information Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.1%	51.00	49.00	48.00	49.00	49.00	47.00	44.00	42.00	40.00	39.00	38.00	37.00	37.00	36.00	34.00	38.00	39.00	41.00	39.00	38.00	38.00
EBITDA Margin	-1.8%	0.55*	0.56*	0.57*	0.58*	0.58*	0.53*	0.52*	0.53*	0.53*	0.55*	0.54*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	2.9%	17.00	17.00	16.00	17.00	17.00	16.00	14.00	12.00	12.00	11.00	11.00	10.00	12.00	11.00	11.00	11.00	12.00	12.00	12.00	12.00	12.00
Income Taxes	10.1%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	2.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00
Earnings Before Taxes	13.0%	10.00	9.00	9.00	9.00	11.00	11.00	11.00	10.00	9.00	8.00	9.00	9.00	7.00	7.00	7.00	9.00	8.00	10.00	9.00	10.00	9.00
EBT Margin	-3.0%	0.19*	0.19*	0.21*	0.22*	0.24*	0.23*	0.23*	0.22*	0.22*	0.22*	0.21*	-	-	-	-	-	-	-	-	-	-
Net Income	13.7%	8.00	7.00	7.00	7.00	9.00	9.00	9.00	8.00	8.00	7.00	7.00	7.00	6.00	6.00	5.00	8.00	6.00	8.00	8.00	8.00	7.00
Net Income Margin	-3.7%	0.15*	0.16*	0.17*	0.18*	0.19*	0.19*	0.19*	0.19*	0.19*	0.18*	0.18*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-72.3%	3.00	9.00	3.00	7.00	9.00	9.00	15.00	13.00	2.00	8.00	4.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.0%	2,479	2,505	2,471	2,427	2,573	2,611	2,444	2,422	2,555	2,293	2,272	2,217	2,203	2,000	1,829	1,732	1,764	1,781	1,729	1,685	1,695
Cash Equivalents	-8.8%	372	408	270	210	201	347	261	191	515	500	622	600	671	439	232	163	204	223	184	184	231
Net PPE	14.6%	30.00	26.00	24.00	21.00	20.00	19.00	19.00	19.00	18.00	17.00	18.00	18.00	18.00	19.00	20.00	20.00	21.00	21.00	21.00	22.00	22.00
Goodwill	0%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	16.00	13.00	13.00	13.00
Liabilities	-2.2%	2,249	2,299	2,256	2,210	2,367	2,419	2,238	2,205	2,309	2,045	2,012	1,957	1,942	1,749	1,580	1,491	1,520	1,534	1,488	1,450	1,465
Shareholder's Equity	11.4%	230	206	215	218	206	192	206	217	246	248	261	259	8.00	251	249	241	244	247	240	234	230
Retained Earnings	3.1%	146	141	138	135	132	126	121	117	112	108	105	102	99.00	97.00	96.00	94.00	90.00	88.00	83.00	80.00	75.00
Additional Paid-In Capital	0.2%	208	208	207	207	207	206	204	203	204	204	203	203	205	205	204	204	205	206	205	205	206
Shares Outstanding	-0.1%	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	-	-	-	14.00	-	-	-	-	-	-	-	-
Float	-	-	-	516	-	-	-	521	-	-	-	544	-	-	-	550	-	-	-	702	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-38.9%	7,570	12,393	7,680	9,293	10,809	9,737	16,326	14,736	3,867	8,921	5,055	16,704	7,720	7,406	14,495	18,160	2,352	13,401	9,938	16,435	9,539
Share Based Compensation	-70.4%	278	938	909	2,000	2,143	1,300	2,100	1,300	274	1,066	826	693	-10.00	799	756	722	858	869	560	857	768
Cashflow From Investing	193.9%	90,417	30,760	59,558	103,927	-56,529	-86,156	37,395	-201,100	-252,484	-150,035	-31,301	-94,697	24,638	33,215	-50,378	-51,375	-318	-6,541	-42,290	-26,608	13,342
Cashflow From Financing	-241.3%	-133,954	94,809	-7,243	-103,684	-100,332	162,179	16,064	-137,115	263,236	19,842	48,168	7,124	198,719	166,691	104,828	-7,545	-20,818	32,365	31,511	-36,406	28,005
Dividend Payments	3.2%	4,072	3,946	3,964	3,977	3,964	3,824	3,822	3,832	3,870	3,815	3,875	3,886	3,895	3,893	3,893	3,918	3,917	3,769	3,772	3,776	3,835
Buy Backs	-80.2%	561	2,835	2,377	-	-	-	213	5,086	12,022	13,715	4,032	1,228	1,317	-	-	5,508	-	-	2,098	5,701	7,429

CASS Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fee Revenue and Other Income:
Fee revenues	$ 126,614,000	$ 121,657,000	$ 108,691,000
Other	4,916,000	4,755,000	2,369,000
Total fee revenue and other income	130,467,000	124,982,000	109,691,000
Interest Income:
Interest and fees on loans	50,825,000	39,460,000	35,178,000
Interest and dividends on securities:
Taxable	14,118,000	10,083,000	2,547,000
Exempt from federal income taxes	4,097,000	6,354,000	7,046,000
Interest on federal funds sold and other short-term investments	13,720,000	6,429,000	726,000
Total interest income	82,760,000	62,326,000	45,497,000
Interest Expense:
Interest on deposits	16,150,000	3,482,000	1,171,000
Interest on short-term borrowings	116,000	0	0
Total interest expense	16,266,000	3,482,000	1,171,000
Net interest income	66,494,000	58,844,000	44,326,000
(Release of) provision for credit losses	(550,000)	1,350,000	(130,000)
Net interest income after (release of) provision for credit losses	67,044,000	57,494,000	44,456,000
Total net revenue	197,511,000	182,476,000	154,147,000
Operating Expense:
Personnel	118,694,000	106,474,000	92,155,000
Occupancy	3,560,000	3,676,000	3,824,000
Equipment	7,138,000	6,668,000	6,745,000
Amortization of intangible assets	780,000	680,000	859,000
Other operating	29,983,000	22,078,000	16,743,000
Total operating expense	160,155,000	139,576,000	120,326,000
Income before income tax expense	37,356,000	42,900,000	33,821,000
Income tax expense	7,297,000	7,996,000	5,217,000
Net income	$ 30,059,000	$ 34,904,000	$ 28,604,000
Basic Earnings Per Share (in dollars per share)	$ 2.22	$ 2.58	$ 2.03
Diluted Earnings Per Share (in dollars per share)	$ 2.18	$ 2.53	$ 2.00
Information Services
Fee Revenue and Other Income:
Fee revenues	$ 125,551,000	$ 120,227,000	$ 107,322,000
Processing fees
Fee Revenue and Other Income:
Fee revenues	79,566,000	76,470,000	74,589,000
Financial fees
Fee Revenue and Other Income:
Fee revenues	$ 45,985,000	$ 43,757,000	$ 32,733,000

CASS Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 20,908	$ 20,995
Short-term investments	351,560	179,947
Cash and cash equivalents	372,468	200,942
Securities available-for-sale, at fair value	627,117	754,468
Loans	1,014,318	1,082,906
Less allowance for credit losses	13,089	13,539
Loans, net	1,001,229	1,069,367
Payments in advance of funding	198,861	293,775
Premises and equipment, net	30,093	19,958
Investments in bank-owned life insurance	49,159	47,998
Goodwill	17,309	17,309
Other intangible assets, net	3,345	4,126
Accounts and drafts receivable from customers	110,651	95,779
Other assets	68,390	69,301
Total assets	2,478,622	2,573,023
Deposits
Noninterest-bearing	524,359	642,757
Interest-bearing	616,455	614,460
Total deposits	1,140,814	1,257,217
Accounts and drafts payable	1,071,369	1,067,600
Other liabilities	36,630	41,881
Total liabilities	2,248,813	2,366,698
Shareholders’ Equity:
Preferred stock, par value $0.50 per share; 2,000,000 shares authorized and no shares issued	0	0
Common stock, par value $0.50 per share; 40,000,000 shares authorized; 15,505,772 shares issued at December 31, 2023 and 2022; 13,582,375 and 13,669,656 shares outstanding at December 31, 2023 and 2022, respectively.	7,753	7,753
Additional paid-in capital	208,007	207,422
Retained earnings	145,782	131,682
Common shares in treasury, at cost (1,923,397 shares at December 31, 2023 and 1,836,116 shares at December 31, 2022, respectively)	(84,264)	(81,211)
Accumulated other comprehensive loss	(47,469)	(59,321)
Total shareholders’ equity	229,809	206,325
Total liabilities and shareholders’ equity	$ 2,478,622	$ 2,573,023

About Cass Information Systems Inc

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates through two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The company 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 demand, savings, time, and money market deposits; commercial, industrial, commercial real estate, and construction and land development loans; and cash management services to privately held businesses, restaurant franchises, 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.

CEO	Mr. Martin H. Resch
WEBSITE	cassinfo.com
INDUSTRY	Information Technology Services
EMPLOYEES	940

Cass Information Systems Inc Frequently Asked Questions

What is the ticker symbol for Cass Information Systems Inc? What does CASS stand for in stocks?

CASS is the stock ticker symbol of Cass Information Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cass Information Systems Inc (CASS)?

As of Tue Apr 16 2024, market cap of Cass Information Systems Inc is 617.35 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CASS stock?

You can check CASS's fair value in chart for subscribers.

What is the fair value of CASS stock?

You can check CASS's fair value in chart for subscribers. The fair value of Cass Information Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cass Information Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CASS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cass Information Systems Inc a good stock to buy?

The fair value guage provides a quick view whether CASS is over valued or under valued. Whether Cass Information Systems Inc is cheap or expensive depends on the assumptions which impact Cass Information Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CASS.

What is Cass Information Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, CASS's PE ratio (Price to Earnings) is 20.54 and Price to Sales (PS) ratio is 3.13. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CASS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cass Information Systems Inc's stock?

In the past 10 years, Cass Information Systems Inc has provided 0.002 (multiply by 100 for percentage) rate of return.