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Cass Information Systems CASS Banking Services — Tax-equivalized pre-tax income
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Where this comes from
Reported directly by Cass Information Systems in its filing.
Tagged under the XBRL concept cass:IncomeLossFromContinuingOperationsIncludingTaxEquivalentAdjustmentBeforeIncomeTaxesNoncontrollingInterest.
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 |
|---|---|---|---|---|
| Intersegment expense (income) | 791 | (791) | — | — |
| 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 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Cass Information Systems's banking services — tax-equivalized pre-tax income?
- Cass Information Systems (CASS) reported banking services — tax-equivalized pre-tax income of $5.84M in Q2 2026.
- How has Cass Information Systems's banking services — tax-equivalized pre-tax income changed year-over-year?
- Cass Information Systems's banking services — tax-equivalized pre-tax income increased by 7.5% year-over-year, from $5.43M to $5.84M.
- What is the long-term trend for Cass Information Systems's banking services — tax-equivalized pre-tax income?
- Over 4 years (2021 to 2025), Cass Information Systems's banking services — tax-equivalized pre-tax income has grown at a 14.5% compound annual growth rate (CAGR), from $11M to $18.88M.
- What does banking services — tax-equivalized pre-tax income mean?
- Measures the segment's profitability before income taxes, adjusted to include the tax-equivalent benefit of tax-exempt income sources. This provides a normalized view of earnings that allows for a more accurate comparison between taxable and tax-exempt revenue streams.
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