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Cass Information Systems Inc   (NASDAQ: CASS)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $40.0300 $-0.23 -0.571%
Day's High: $41.115 Week Perf: 2.9 %
Day's Low: $ 39.92 30 Day Perf: -8.57 %
Volume (M): 44 52 Wk High: $ 50.25
Volume (M$): $ 1,777 52 Wk Avg: $43.06
Open: $40.48 52 Wk Low: $37.99



 Market Capitalization (Millions $) 560
 Shares Outstanding (Millions) 14
 Employees 1,061
 Revenues (TTM) (Millions $) 200
 Net Income (TTM) (Millions $) 23
 Cash Flow (TTM) (Millions $) -178
 Capital Exp. (TTM) (Millions $) 13

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

5 Days Decrease / Increase
     
PAYX        4.1% 
ADP        2.06% 
ADT        5.06% 
EVRI        0.07% 
TRU        7.96% 
• View Complete Report
   



Business Update

Cass Information Systems Strengthens Market Position with Acquisition of AcuAudit and Strategic Partnership with Frei...

Published Thu, Jan 2 2025 3:16 PM UTC

In a significant development that highlights the evolving landscape of freight audit and logistics solutions, Cass Information Systems, Inc. (Nasdaq: CASS), has made strides both through acquisition and partnership. The St. Louis-based company, recognized as a leader in freight audit and payment solutions, has acquired the AcuAudit platform from Acuitive Solutions LLC. This ...

Business Update

Cass Information Systems Streamlines Federal Freight Payments with GSA Contract Achievement,

Published Wed, Oct 2 2024 3:47 PM UTC

Cass Information Systems Secures Prestigious GSA Multiple Award Schedule Contract for Freight Audit and Payment Services Cass Information Systems, Inc. (Nasdaq: CASS), a beacon in the global payment solutions industry, has recently achieved a notable milestone by securing a Multiple Award Schedule (MAS) contract with the General Services Administration (GSA). Headquartered i...

Business Update

Cass Information Systems and FreightWaves SONAR Forge Alliance for Enhanced Supply Chain Visibility

Published Tue, Jun 4 2024 4:38 PM UTC

In a dynamic move poised to transform the freight and logistics landscape, Cass Information Systems, Inc. (Nasdaq: CASS) has entered into an innovative strategic partnership with FreightWaves SONAR, the preeminent player in supply chain intelligence. This alliance is expected to deliver substantial advantages to industry stakeholders by fusing Cass?s long-standing expertise ...

Cass Information Systems Inc

Cass Information Systems Inc Delivers Impressive Revenue Growth

The stock market has been a subject of interest and excitement for many individuals. It provides an opportunity for investors to grow their wealth by investing in companies that demonstrate strong financial performance. One such company that has recently caught the attention of investors is Cass Information Systems Inc.
In their Mar 31 2024 report, Cass Information Systems Inc reported moderate revenue growth of 0.675%, reaching an impressive $49.68 million. This shows the company's ability to attract new clients and expand its customer base. Despite a slight decrease of -2.085% in revenue from the prior period, the company's income grew by 1.96% to $0.52 year on year. This signifies the company's efficiency in managing its expenses and generating profits.

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's Segments





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