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

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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$733.66M+34.6%
Enterprise value$589.34M+77.7%
P/E20×-1.5×
P/S3.7×+0.7×

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: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 ServicesBanking ServicesCorporate,Eliminationsand OtherTotal
Other operating expense6,1811,7837,964
Total operating expense32,2514,51836,769
Pre-tax income from continuing operations8,2495,838(913)13,174
Pre-tax income from discontinued operations1616
Goodwill16,02813616,164
Other intangible assets, net3,1423,142
Total assets1,645,9611,197,391(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 information services payment and processing revenue — goodwill?
Cass Information Systems (CASS) reported information services payment and processing revenue — goodwill of $16.03M in Q2 2026.
How has Cass Information Systems's information services payment and processing revenue — goodwill changed year-over-year?
Cass Information Systems's information services payment and processing revenue — goodwill decreased by 0.0% year-over-year, from $16.03M to $16.03M.
What is the long-term trend for Cass Information Systems's information services payment and processing revenue — goodwill?
Over 4 years (2021 to 2025), Cass Information Systems's information services payment and processing revenue — goodwill has grown at a 4.0% compound annual growth rate (CAGR), from $54.81M to $64.11M.
What does information services payment and processing revenue — goodwill mean?
This represents the carrying value of goodwill allocated to the Information Services segment resulting from past business acquisitions. It serves as an indicator of the premium paid over the fair value of net assets, subject to periodic impairment testing.

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