| Market Capitalization (Millions $) |
734 |
| Shares
Outstanding (Millions) |
13 |
| Employees |
1,016 |
| Revenues (TTM) (Millions $) |
193 |
| Net Income (TTM) (Millions $) |
35 |
| Cash Flow (TTM) (Millions $) |
24 |
| Capital Exp. (TTM) (Millions $) |
5 |
Business Description
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
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32.03 %