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Cass Information Systems CASS Information services payment and processing revenue — Equipment

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Other financials

Income statement

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Revenue$49.9M+12.5%
Net income$10.6M+19.6%
EPS (diluted)$0.81+22.7%

Balance sheet

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Cash & equivalents$228.5M+4.7%
Total debt$84.1M+1,630%
Total equity$244.7M+1.6%
Total assets$2.5B+8.6%

Cash flow

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Operating cash flow$16.9M
CapEx$3.1M+131%
Free cash flow$13.8M

Valuation

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Market cap$742.63M+36.3%
Enterprise value$598.3M+80.4%
P/E20.2×-1.3×
P/S3.7×+0.8×

Profitability

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Net margin18.5%+4.6pp
FCF margin21.1%+0.6pp

Returns & leverage

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Return on equity15.1%+4.4pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Cass Information Systems in its filing.

Tagged under the XBRL concept us-gaap:EquipmentExpense.

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 ServicesBanking ServicesCorporate,Eliminationsand OtherTotal
Total net revenue40,50010,356(913)49,943
Personnel expenses24,0383,04727,085
Occupancy509194703
Equipment2,4912852,776
Bad debt recovery(1,759)(1,759)
Intersegment expense (income)791(791)
Other operating expense6,1811,7837,964
Total operating expense32,2514,51836,769

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Cass Information Systems's information services payment and processing revenue — equipment?
Cass Information Systems (CASS) reported information services payment and processing revenue — equipment of $2.49M in Q2 2026.
How has Cass Information Systems's information services payment and processing revenue — equipment changed year-over-year?
Cass Information Systems's information services payment and processing revenue — equipment decreased by 0.2% year-over-year, from $2.5M to $2.49M.
What is the long-term trend for Cass Information Systems's information services payment and processing revenue — equipment?
Over 3 years (2022 to 2025), Cass Information Systems's information services payment and processing revenue — equipment has grown at a 13.4% compound annual growth rate (CAGR), from $6.08M to $8.88M.
What does information services payment and processing revenue — equipment mean?
This metric accounts for the depreciation, maintenance, and leasing costs of hardware and technology infrastructure utilized by the Information Services segment. It reflects the capital intensity required to support the company's payment processing and information technology platforms. High equipment costs relative to revenue may indicate a need for technological upgrades or significant infrastructure investment.

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