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Cass Information Systems Inc   (CASS)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $46.3600 $0.34 0.739%
Day's High: $47.19 Week Perf: -1.76 %
Day's Low: $ 45.86 30 Day Perf: -2.44 %
Volume (M): 123 52 Wk High: $ 50.25
Volume (M$): $ 5,707 52 Wk Avg: $40.73
Open: $45.86 52 Wk Low: $35.05



 Market Capitalization (Millions $) 639
 Shares Outstanding (Millions) 14
 Employees 1,300
 Revenues (TTM) (Millions $) 198
 Net Income (TTM) (Millions $) 30
 Cash Flow (TTM) (Millions $) 172
 Capital Exp. (TTM) (Millions $) 14

Cass Information Systems Inc
Cass Information Systems Inc. is a publicly traded company that specializes in providing payment and information processing services to businesses. The company operates through two primary segments: the Information Services (IS) segment and the Banking Services (BS) segment.

The Information Services segment is the larger of the two and primarily handles the processing and payment of freight-related invoices for transportation carriers. This includes trucking, rail, ocean cargo, and air cargo carriers, among others. The division offers comprehensive data management and analytical services to help businesses optimize their supply chain operations, reduce transportation costs, and improve overall efficiency. The segment also manages a database of rates, data and analytics on shipment volumes, time and routes, and other important factors that help customers build an efficient and cost-effective supply chain system.

The Banking Services segment, on the other hand, is responsible for providing banking services to clients such as municipal entities and small- to medium-sized enterprises. These services include commercial mortgage banking, treasury management, and specialized lending services, allowing clients to access capital for growth and expansion.

Founded in 1906, Cass Information Systems Inc. is headquartered in St. Louis, Missouri, and employs a workforce of around 1,200 people in over 20 locations across the United States. The company serves clients in multiple industries, including manufacturing, healthcare, construction, distribution, and retail.

The company has an established reputation for excellence, having won several awards over the years. In 2020, it was ranked as the ninth largest third-party logistics provider in the world in the Armstrong and Associates Top 50 Global Third-Party Logistics Providers report. The same year, Cass was recognized by The Fintech Times as one of the top 100 fintech companies in the world.

Overall, Cass Information Systems Inc. is widely recognized for its innovative services and solutions, its customer-centric approach, and its commitment to excellence in all aspects of its operations.


   Company Address: 12444 Powerscourt Drive St. Louis 63131 MO
   Company Phone Number: 506-5500   Stock Exchange / Ticker: NASDAQ CASS
   


   

Stock Performances by Major Competitors

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Cass Information Systems Inc

As expected a 3.657%, rise in revenue at Cass Information Systems Inc in the October to December 31 2023 three months

Cass Information Systems Inc Shows Declining EPS on Increasing Revenue
Cass Information Systems Inc, a leading provider of professional services, recently released its financial results for the most recent fiscal period. The company reported a 3.657% increase in revenue to $50.74 million in comparison to $48.95 million in the previous year. However, despite the growth in revenue, income fell by 11.23% to $0.61 per share.
In the financial three months ending December 31, 2022, the company recorded an income per share of $0.69. Although the top-line increase of Cass Information Systems Inc lagged behind its competitors in the Professional Services sector, with an average growth of 5.72% compared to the previous year, it still showed a positive trend.

Cass Information Systems Inc

Cass Information Systems Inc Reports Strong Revenue Growth despite Decreased Earnings in Fiscal Year 2023

Cass Information Systems Inc Reports Shrinking EPS Despite Expanding Sales in Fiscal 2023
Investors in Cass Information Systems Inc may have been disappointed by the company's recent financial performance. In its fiscal year ending June 30, 2023, the company experienced a decrease in earnings per share (EPS) despite achieving growth in sales.
Comparing to the previous year, revenue for Cass Information Systems Inc increased by 9.011% to $48.21 million, up from $44.22 million. However, income fell by -16.13% to $0.52 per share, compared to $0.62 in the previous reporting period. This decline in earnings per share suggests that the company struggled to maintain profitability during the year.
Despite the decrease in EPS, the revenue growth in the second quarter of 2023 for Cass Information Systems Inc compares favorably to its peers in the Professional Services sector, which reported a 6.88% overall increase in top-line revenue during the same period. In terms of income, Cass Information Systems Inc saw a slight improvement of 1.96% from $0.51 per share in the prior reporting season. However, revenue decreased by -2.306% from $49.35 million.
Looking at the bottom line, Cass Information Systems Inc reported a net income of $7.138 million in the fiscal year ending June 30, 2023, a decrease of -16.63% from $8.562 million in the corresponding period the year before.
The company notably shifted its focus on improving sales during this fiscal year, resulting in a lower net margin of 14.81%. However, operating earnings showed promise, rising by 57.9% to $16.711 million.

Cass Information Systems Inc

Cass Information Systems Inc Sees Strong Revenue But Earnings Take a Hit in Q1 2023

Cass Information Systems Inc, a company that provides payment and information processing services to businesses, reported its fiscal results for the interval ending March 31, 2023. Despite experiencing an increase in revenue of 17.201%, the company's earnings deteriorated, with a decrease of -15% to $0.51 per share from the previous year's reporting season. Cass's net earnings in the first quarter of 2023 also fell by -13.82% to $7.117 million compared to the same period in the previous year when it earned $8.258 million.
The company attributed the decline in earnings to its focus on improving sales during the first quarter of 2023. Cass acknowledged that it allowed its net margin to ease to 14.42% as it aimed to increase sales. However, the company's operating earnings rose 62.55% to $16.702 million, indicating that despite the decline in earnings, the company's overall operational efficiency improved.






 

Cass Information Systems Inc's Segments
 
 
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  Revenue Outlook
Cass Information Systems Inc does not provide revenue guidance.

Earnings Outlook
Cass Information Systems Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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