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Cass Information Systems, Inc CASS

Growth Flags show if company had growth for consecutive years ,
Insider Buys alert about insiders buying in the last 12 month

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total buys
0.02
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 1
Sell
Insider Ownership
12.14%

Capital & Financial Ratios

Market Cap
710.36
Revenue
214.99
Net Income
36.71
Free Cash Flow
41.91
Net Debt
(228.47)
Current Ratio
0.61
Debt/Equity
0.00
P/E ratio
19.27
P/S ratio
3.26
P/B ratio
2.86
Past 5Y EPS Growth
(7.63%)
This Y EPS Growth
21.34%
Next Y EPS Growth
21.44%
Next 5Y EPS Growth
34.07%
in millions of $

Dividends

Payout Ratio
0.49
Annual Dividend Rate
1.16
Annual Dividend Yield
2.78%
total individual payouts
2027 ‡‡‡‡
2026 1.29
2025 1.25
2024 1.21
2023 1.17
2022 1.13
2021 1.09
2020 1.08
2019 1.05
2018 0.85
2017 0.70
2016 0.67
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 372.47 349.73 392.27 228.47
Receivables
Inventory
Other
1,484.35 1,474.23 1,509.31 1,361.83
2023 2024 2025 Q'26
Payables 2,212.18 2,097.53 2,324.89 2,144.67
ST’ Debt
Other
2,212.18 2,097.53 2,324.89 2,224.67
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 53.05 54.53
’25 51.43 48.59 54.01 53.40
207.42
’24 50.38 49.69 51.54 50.29
201.89
’23 52.25 51.78 53.99 34.67
192.69
’22 42.56 44.63 48.54 51.58
187.31
’21 36.85 38.10 39.30 40.95
155.19
’20 39.43 34.82 36.21 37.67
148.13
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 14.55 16.94
’25 21.57 (1.29) 12.32 4.85
37.44
’24 9.83 10.69 (0.20) 18.63
38.95
’23 9.29 7.68 12.39 7.57
36.94
’22 14.74 16.33 9.74 10.81
51.61
’21 16.70 5.06 8.92 3.87
34.55
’20 18.16 14.50 7.41 7.72
47.78
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 12.65 13.84
’25 18.99 (2.63) 11.28 4.13
31.77
’24 6.34 7.89 (2.23) 15.49
27.48
’23 7.34 3.24 9.42 4.99
25.00
’22 12.73 10.51 8.86 8.82
40.93
’21 15.80 4.07 8.11 2.20
30.18
’20 17.83 13.44 7.08 7.42
45.78
in millions of $

EPS

Mar Jun Sep Dec Year
’26 0.67 0.81
’25 0.66 0.66 0.68 0.62
2.61
’24 0.52 0.32 0.21 0.33
1.39
’23 0.51 0.52 0.54 0.61
2.18
’22 0.60 0.62 0.64 0.67
2.53
’21 0.49 0.48 0.48 0.55
2.00
’20 0.52 0.37 0.40 0.44
1.73

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

2.5
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 31.85 35.05 37.99 36.07
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 46.02 51.48 50.25 47.00
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,209 1,316 1,248 1,016
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.15 0.15 0.16 0.20
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 187.31 192.69 201.89 207.42 ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 98.14% 91.56% 89.97% 92.13%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 42.90 34.46 23.45 38.76
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 22.90% 17.89% 11.61% 18.69% ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 34.90 30.06 19.17 35.12 ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.98 9.12 9.32 8.18
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 13.82 14.24 14.95 15.74 ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡‡ ‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ 2.58 2.22 1.42 2.66 ‡‡‡‡‡ ‡‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.81 2.73 2.88 2.84
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.79) (0.88) (0.85) (0.43) ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.02 1.85 2.04 2.41
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 15.22 16.99 16.96 18.43
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 13.55 13.53 13.50 13.18 ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 17.55 20.45 28.81 15.61 ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.28 3.19 2.74 2.64 ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.97 2.67 2.41 2.25 ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.25 1.30 1.04 0.79 ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.30 9.99 7.66 5.13
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 51.61 36.94 38.95 37.44 ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (10.68) (11.94) (11.47) (5.66)
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 40.93 25.00 27.48 31.77
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (958.73) (727.83) (623.30) (815.58)
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 9.00
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (191.94) (372.47) (349.73) (392.27)
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 206.33 229.81 229.03 243.00
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.36% 1.19% 0.79% 1.40%
ROA
‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡ 186.42% 0.00% 0.00% 0.00%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 15.44% 13.78% 8.36% 14.88%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Cass Information Systems (CASS), a steady player in fintech payment processing for freight auditing, utilities, and telecom expenses, has delivered resilient growth with revenue rising 74% over eight years to $219.9 million in 2024, driven by efficiency gains like a 50% jump in revenue per employee. Despite cyclical hits—such as a 2020 COVID dip and a projected 13% revenue drop in 2025—forecasts show a rebound to $215 million by 2027, underscoring its tie to industrial cycles but long-term durability.

Profitability faced 2024 pressures, with net income down 36% and margins eroding, yet analysts predict a sharp EPS recovery to $3.50 by 2027 (up 146% from 2024 lows), fueled by cost controls and tech upgrades. The balance sheet shines with zero debt, massive cash reserves, and positive free cash flow supporting decades of dividend hikes. Valuation looks compelling at a forward P/E of 16.2x and EV/FCF of 7.9x, with 11% upside to targets, bolstered by recent insider buys from the CEO and CFO.

This defensive fintech gem offers stability amid volatility, with low leverage and growth potential positioning it for rerating toward historical highs—ideal for balanced portfolios seeking reliable upside.

Cass Information Systems, Inc (CASS) Latest News

News by impact score

Fine-tune

14 Sep

3 , 1:17 PM
Cass TL rates rose 11% in August with freight shipments turning positive. Higher TL rates and positive shipment volumes directly increase Cass transaction activity and revenue potential.

23 Jul

3 , 8:00 AM
Cass Information Systems reported its second quarter 2026 results. Quarterly earnings releases typically drive short-term stock price movements based on reported metrics.

9 Jul

3 , 10:00 AM
Cass Information Systems (CASS) earnings are projected to grow, leading to questions on whether the stock merits purchase. Expected earnings growth points to moderate effects on Cass financial performance and market sentiment.

15 Jun

3 , 12:28 PM
Cass Information Systems reports freight volume recovery expected during the second half of the year. Freight volume recovery forecast directly ties to Cass's core payment and information services, likely supporting revenue growth.

15 May

4 Insider Monkey, 7:55 AM
Cass Information Systems (CASS) is positioning for improved earnings leverage through operational efficiencies and strategic initiatives that could enhance margins and profitability. Strategic positioning for improved earnings leverage indicates major potential shifts in financial performance and investor sentiment.

14 May

3 FreightWaves, 2:52 PM
TL linehaul rates surged in April, according to Cass Information Systems. Reported surge in TL linehaul rates underscores strong freight market demand, positively impacting Cass's core transportation payment and data services.

27 Apr

3 Zacks, 12:20 PM
Cass Information Systems (CASS) appears well poised for a stock surge. Positive positioning for surge signals moderate influence on investor sentiment and market performance.

23 Apr

3 Zacks, 9:20 AM
Cass Information Systems, Inc. (CASS) reported Q1 earnings that beat analyst estimates. Q1 earnings beat signals solid financial performance with moderate positive impact on market sentiment and stock trajectory.

3 GlobeNewswire, 8:00 AM
Cass Information Systems, Inc. (CASS) reported first quarter 2026 results, highlighting key financial metrics and operational performance. Quarterly earnings announcements provide insight into financial health and can moderately influence stock performance and investor sentiment.

14 Apr

3 FreightWaves, 10:35 AM
Cass data indicates the freight market tightened further in March, with shipment volumes down 5.2% year-over-year but expenditures up 2.1% due to 7.7% higher rates amid capacity constraints. Cass's proprietary freight data highlighting market tightening enhances its visibility in payment processing and market intelligence, moderately impacting financial performance and investor sentiment.

16 Mar

3 FreightWaves, 11:58 AM
Truckload linehaul rate index nears 3-year high in February, reflecting robust freight demand and higher shipping costs amid economic recovery signals. Rising linehaul rates boost freight transaction volumes, moderately enhancing Cass's payment processing revenues and market sentiment.

26 Feb

4 FreightWaves, 10:53 AM
Cass Information Systems, Inc. (CASS) partners with Caspian to develop solutions tackling tariff costs in freight and logistics. Partnership directly addresses tariff challenges in Cass's core freight payment operations, enhancing service capabilities and market positioning.

4 Business Wire, 7:30 AM
Cass Information Systems partners with Caspian to launch a comprehensive tariff cost management solution, combining Cass's transaction processing expertise with Caspian's tariff data and analytics for enhanced visibility, control, and optimization of import tariff expenditures. Strategic partnership introduces innovative tariff management solution, expanding service portfolio and strengthening competitive edge in freight payment and cost management markets.

17 Feb

3 FreightWaves, 10:23 AM
Truckload rates rose again without support from increased shipment volumes, per Cass Freight Index data. Rising truckload rates amid flat volumes indicate freight market strength that moderately boosts sentiment for CASS's transaction processing business.

26 Jan

4 Simply Wall St., 12:33 PM
Cass Information Systems, Inc. is highlighted as a promising investment opportunity within the U.S. market, showcasing its strong financial performance and strategic positioning. The company has demonstrated resilience and growth potential, making it an attractive option for investors seeking undervalued stocks. Analysts emphasize its robust service offerings and market adaptability, suggesting that CASS is well-positioned to capitalize on emerging trends and economic recovery. Cass Information Systems is poised for significant growth due to its strong financials and strategic market positioning.

22 Jan

4 Zacks, 9:15 AM
Cass Information Systems, Inc. (CASS) reported better-than-expected earnings and revenue for the fourth quarter, surpassing analysts' estimates. The company's strong performance was attributed to increased demand for its services and effective cost management strategies. This positive financial outcome reflects the company's resilience and ability to adapt to market conditions, positioning it favorably for future growth. Strong earnings and revenue growth indicate significant potential for future performance and investor sentiment.

4 Associated Press Finance, 8:21 AM
Cass Information Systems, Inc. reported its Q4 earnings, showcasing a notable performance with increased revenues and profits compared to the previous year. The company highlighted growth in its core services, driven by strong demand and effective cost management strategies. Management expressed optimism about future prospects, citing ongoing investments in technology and expansion initiatives. Overall, the results reflect a positive trajectory for Cass, positioning it well for continued success in the upcoming quarters. The earnings report indicates significant growth and strategic initiatives that could alter the company's future performance.

4 Business Wire, 8:00 AM
Cass Information Systems, Inc. reported record annual net income and earnings per share (EPS) for the fiscal year, highlighting strong financial performance and growth. The company attributed this success to increased demand for its services and effective cost management strategies. The results reflect a positive trend in the company's operations and position in the market, suggesting a robust outlook for future performance. Record financial results indicate significant growth potential and improved market positioning.

16 Jan

3 FreightWavesFreightWavesFreightWavesFreightWavesFreightWavesFreightWavesFreightWavesFreightWaves, 6:52 PM
The Cass TL Linehaul Index has increased despite a decline in shipments, indicating a potential shift in freight pricing dynamics. This rise suggests that while shipment volumes are decreasing, the cost of transportation may be on the rise, reflecting changes in supply chain conditions and market demand. The index's movement could signal broader trends in the logistics and transportation sectors, impacting various stakeholders. The increase in the Cass TL Linehaul Index amidst declining shipments suggests a moderate influence on market dynamics and pricing strategies.

16 Dec

4 FreightWaves, 10:17 AM
The Cass TL Linehaul Index has continued its positive trend, indicating a sustained increase in freight rates and demand for trucking services. This upward movement reflects broader economic conditions and suggests potential growth in the transportation sector. The index's performance is closely monitored as it serves as a key indicator of market trends and logistics costs, impacting various stakeholders in the supply chain. The positive trend in the Cass TL Linehaul Index is likely to significantly influence market dynamics and investor sentiment in the transportation sector.

15 Dec

4 Simply Wall St., 5:32 AM
Cass Information Systems, Inc. (NASDAQ:CASS) has garnered significant support from institutional investors, who collectively own 59% of the company. This level of institutional ownership indicates a strong confidence in the company's potential and stability, which may positively influence its market performance and investor sentiment moving forward. High institutional ownership typically signals confidence in the company's future prospects and can significantly impact market performance.

20 Nov

3 Zacks, 8:46 AM
Options traders are showing increased activity in Cass Information Systems, Inc. stock, indicating expectations of a significant price movement. The heightened trading volume in options suggests that investors are anticipating volatility, which could be driven by upcoming earnings reports or market events. Analysts are closely monitoring these developments as they may signal shifts in investor sentiment and market dynamics surrounding the company. Increased options trading activity suggests potential volatility that could moderately influence market sentiment and performance.

13 Nov

4 FreightWaves, 1:02 PM
October freight shipments experienced a significant decline, according to data from Cass Information Systems. The report highlights a 5.6% drop in shipments compared to the previous year, marking the largest year-over-year decrease since early 2020. The data suggests ongoing challenges in the freight market, influenced by factors such as inflation and changing consumer demand. The decline in shipments may indicate broader economic concerns, impacting logistics and transportation sectors. A significant decline in freight shipments could alter market dynamics and investor sentiment regarding Cass Information Systems' performance.

24 Oct

3 Simply Wall St., 6:08 PM
Cass Information Systems, Inc. (CASS) is experiencing a rebound in margins after several years of declining earnings. This shift raises questions about the company's narrative as a steady earner, suggesting potential changes in its financial outlook and market perception. The margin rebound indicates a moderately noticeable influence on financial performance and market sentiment.

23 Oct

4 Zacks, 9:10 AM
Cass Information Systems, Inc. (CASS) reported better-than-expected earnings and revenue for the third quarter, surpassing analysts' estimates. The company's strong performance reflects its effective management and growth strategies, contributing to positive investor sentiment. CASS's results indicate resilience in its operations amid market challenges, positioning it favorably for future growth. Strong earnings and revenue growth suggest significant positive momentum for the company's future performance.

4 Associated Press Finance, 8:09 AM
Cass Information Systems, Inc. reported its Q3 earnings, highlighting key financial metrics and performance indicators. The company showed growth in revenue and net income compared to the previous quarter, driven by increased demand for its services. Management provided insights into operational efficiencies and strategic initiatives aimed at sustaining this growth trajectory. The outlook for the upcoming quarters appears positive, with expectations for continued expansion in key markets. Significant growth in revenue and net income indicates a strong performance that could positively influence investor sentiment and market positioning.

4 Business Wire, 8:00 AM
Cass Information Systems, Inc. reported its financial results for the third quarter of 2025, highlighting significant growth in revenue and net income compared to the previous year. The company attributed this success to increased demand for its services and effective cost management strategies. Key performance indicators showed improvements across various segments, indicating a strong operational performance. Management expressed optimism about future growth prospects and ongoing investments in technology to enhance service delivery. Significant growth in revenue and net income suggests a strong operational performance that could positively influence investor sentiment and future market positioning.

14 Oct

3 FreightWaves, 11:20 AM
Cass Information Systems, Inc. reported a 'TL bounce' indicating a recovery in certain sectors, although the timeline for full recovery remains uncertain. The company is navigating challenges that could affect its operations and market positioning. The reported recovery signals potential improvements but lacks clarity on the timeline and overall impact.

9 Oct

3 Zacks, 10:00 AM
Cass Information Systems, Inc. (CASS) is set to report its Q3 results, with Wall Street anticipating earnings growth. Analysts are optimistic about the company's performance, reflecting confidence in its operational strategies and market position. Earnings growth expectations indicate a moderately noticeable influence on financial performance and market sentiment.

30 Sep

3 Simply Wall St., 6:05 AM
Cass Information Systems, Inc. (NASDAQ:CASS) has delivered a 22% return to its investors over the past three years, reflecting positive performance and growth. The company's consistent financial results and strategic initiatives have contributed to this favorable outcome, enhancing investor confidence and market positioning. The 22% return indicates moderate growth, but it does not suggest a transformative change in the company's trajectory.

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