What is Cass Information Systems's banking services — bad debt?

Cass Information Systems (CASS) reported banking services — bad debt of $0 in Q1 2026.

What does banking services — bad debt mean?

The specific portion of receivables or loans that the banking segment determines to be uncollectible and writes off during the period. This metric serves as a direct measure of realized credit losses and the effectiveness of the segment's underwriting and collection processes.

Cass Information Systems CASS Banking Services — Bad Debt

Other segment segments

Information services payment and processing revenue

$0+100%

Similar metrics at other companies

JBSSBad Debt

$0-100%

HCSGBad Debt

$3.78M+248%

HCSGBad Debt

$3.78M+248%

SWIMBad Debt

-$815K+6.9%

CBZBad debt expense, net of recoveries

$1.41M+238%

EIGInsurance Operations — Bad Debt

$3M+30.4%

Other financials

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

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Market cap$659.65M+19.4%

Enterprise value$564.63M+67.6%

P/E18.9×-7.5×

P/S3.4×+0.4×

Profitability

See full

Net margin18.1%+6.6pp

FCF margin14.5%-10.3pp

Returns & leverage

See full

Return on equity14.7%+5.6pp

Debt / equity0.6×+0.6×

Where this comes from

Reported directly by Cass Information Systems in its filing.

Tagged under the XBRL concept cass:BadDebtExpense.

The official record: Cass Information Systems’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cass Information Systems's banking services — bad debt?: Cass Information Systems (CASS) reported banking services — bad debt of $0 in Q1 2026.
What does banking services — bad debt mean?: The specific portion of receivables or loans that the banking segment determines to be uncollectible and writes off during the period. This metric serves as a direct measure of realized credit losses and the effectiveness of the segment's underwriting and collection processes.