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Cass Information Systems CASS Banking Services — Goodwill
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Where this comes from
Reported directly by Cass Information Systems in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The source filing: Cass Information Systems’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000708781-26-000031
| (In thousands) / Three Months Ended June 30, 2026: | Information Services | Banking Services | Corporate,Eliminationsand Other | Total |
|---|---|---|---|---|
| Other operating expense | 6,181 | 1,783 | — | 7,964 |
| Total operating expense | 32,251 | 4,518 | — | 36,769 |
| Pre-tax income from continuing operations | 8,249 | 5,838 | (913) | 13,174 |
| Pre-tax income from discontinued operations | 16 | — | — | 16 |
| Goodwill | 16,028 | 136 | — | 16,164 |
| Other intangible assets, net | 3,142 | — | — | 3,142 |
| Total assets | 1,645,961 | 1,197,391 | (327,140) | 2,516,212 |
| Average funding sources | $1,452,058 | $791,043 | — | $2,243,101 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Cass Information Systems's banking services — goodwill?
- Cass Information Systems (CASS) reported banking services — goodwill of $136K in Q2 2026.
- How has Cass Information Systems's banking services — goodwill changed year-over-year?
- Cass Information Systems's banking services — goodwill decreased by 0.0% year-over-year, from $136K to $136K.
- What is the long-term trend for Cass Information Systems's banking services — goodwill?
- Over 4 years (2021 to 2025), Cass Information Systems's banking services — goodwill has grown at a -29.8% compound annual growth rate (CAGR), from $2.24M to $544K.
- What does banking services — goodwill mean?
- Represents the intangible asset value recorded when the Banking Services segment acquires another business for a price exceeding the fair market value of its net identifiable assets. It serves as a long-term indicator of the premium paid for historical acquisitions and potential future impairment risks.
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