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Cass Information Systems

CASS

Cass Information Systems is a leading provider of integrated payment and information processing services for large manufacturing, distribution, and retail enterprises.

Market cap
$714.43M+29.2%
Revenue$193.4M+6.0%
Net income$35.0M+66.7%
Free cash flow$28.1M-38.1%
EPS (diluted)$2.63+73.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$52.2M
EPS estimate$0.79

Financials

Q1 2026

Income statement

See full
Revenue$49.1M+5.8%
Net income$8.8M-1.5%
EPS (diluted)$0.67+1.5%

Balance sheet

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Cash & equivalents$244.3M+10.7%
Total debt$149.3M+2,866%
Total equity$241.8M+3.2%
Total assets$2.5B+9.3%

Cash flow

See full
Operating cash flow$14.5M-32.5%
CapEx$1.9M-26.4%
Free cash flow$12.7M-33.4%

Valuation & ratios

Valuation

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Market cap$714.43M+29.2%
Enterprise value$619.42M+85.6%
P/E20.4×-1.2×
P/S3.7×+0.7×

Profitability

See full
Net margin18.1%+6.6pp
FCF margin14.5%-10.3pp

Returns & leverage

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Return on equity14.7%+5.6pp
Debt / equity0.6×+0.6×

Segments

By product

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Information services payment and processing revenue$26.2M-1.0%
Processing fees$15.7M-4.5%
Financial fees$10.4M+4.7%
Bank service fees$372.0K+10.7%

By segment

See full
Information services payment and processing revenue$39.2M+5.2%
Banking Services$10.5M+28.6%

Competitors

Profile

Cass Information Systems is a leading provider of integrated payment and information processing services for large manufacturing, distribution, and retail enterprises. The company leverages its proprietary data acquisition and business intelligence platforms to automate complex payables processes, including freight, utility, and facility-related expenses. Uniquely positioned as a financial holding company, it utilizes its own commercial bank subsidiary to provide secure financial exchange and funds management for its corporate clients.

Competitive position

Cass is a leading provider in the transportation and utility bill payment industry, distinguished by its ownership of a commercial bank which allows for integrated financial exchange.

GeographiesUnited States
Customer segmentsEnterprise, SMB, Non-profit, Religious Organizations
Business modelB2B Payments, SaaS, Transaction Processing, Commercial Banking
SuppliersAI and technology infrastructure providers, Data feeds from vendor invoices, Federal Reserve System, Telecommunications networks
CustomersFortune 1000 manufacturers, National retail chains, Logistics and distribution firms, Faith-based ministries
Listed1996
Employees1.2K
CEOMartin H. Resch
FilingsSEC EDGAR

FAQ

What is Cass Information Systems's market cap?
Cass Information Systems (CASS) has a market capitalization of $714.4M and trades on NASDAQ.
What is Cass Information Systems's revenue and profitability?
Cass Information Systems generated $193.4M in trailing twelve-month revenue with net income of $35.0M, representing a net margin of 18.1%, with free cash flow of $28.1M. These figures are based on the Q1 2026 filing.
Who are Cass Information Systems's competitors?
Cass Information Systems's key competitors include U.S. Bancorp, WEX Inc., Fidelity National Information Services, Inc., and others. These companies compete in similar markets and product categories.
Who does Cass Information Systems partner with?
Cass Information Systems's notable partners include Asignet USA Inc.
What subsidiaries does Cass Information Systems have?
Cass Information Systems's subsidiaries include Cass Commercial Bank.
Where is Cass Information Systems headquartered?
Cass Information Systems is headquartered in United States of America and employs approximately 1,209 people. It has been publicly traded since 1996.