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Cass Information Systems, Inc

CASS Industrials Specialty Business Services

Revenue
+12.2%
EPS
+23.9%
Free cash flow
+625.8%

Quarter to June 2026, against a year earlier

54.36 0.05 +0.09%
Market cap
$695.5M
P/E
19.1×
Fwd P/E
17.3×
Dividend yield
2.36%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 12.14%

Capital & Financial Ratios $m

Size
Market Cap 695.50
Revenue ttm 211.03
Net income ttm 36.71
Free cash flow ttm 41.91
Net debt Q (228.47)
Valuation
P/E 19.08
Forward P/E 17.30
Price / sales 3.29
Forward P/S Powerpack
Price / FCF 16.56
Price / book 2.84
Financial health
Current ratio Q 0.61 (below 1: weak)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +12.24% (above 0%: growing)
Operating income growth Q +109.81% (above 0%: growing)
EPS, this year +20.53% (at or above 15%: strong)
EPS, next year A +21.42% (at or above 15%: strong)
Revenue, next year A −1.02% (below 0%: weak)
EPS, past 5 yrs +8.57%
EPS, next 5 yrs A +16.10% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.2×, against a ten-year median of 2.0×; over the ten years it ranged from −0.8× in 2020 to 5.2× in 2018.
P/E against its own 10 years 27.21%
10-year low 10-year high
P/S against its own 10 years 37.37%
10-year low 10-year high
P/B against its own 10 years 61.97%
10-year low 10-year high
EV/Sales against its own 10 years 53.73%
10-year low 10-year high
EV/FCF against its own 10 years 49.89%
10-year low 10-year high

Dividends raised every year since 2017

Yield
2.36%
Annual rate
1.28
Payout ratio
46.0%
Growth, 2017–25
+7.43%/yr
  1. 0.70 ’17
  2. 0.85 ’18 +21
  3. 1.05 ’19 +24
  4. 1.08 ’20 +3
  5. 1.09 ’21 +1
  6. 1.13 ’22 +4
  7. 1.17 ’23 +4
  8. 1.21 ’24 +3
  9. 1.25 ’25 +3
  10. 1.33 ’26e +6
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 372 350 392 228
Receivables — — — —
Inventory — — — —
Other — — — —
1,484 1,474 1,509 1,362
2023 2024 2025 Q'26
Payables 2,212 2,098 2,325 2,145
ST’ Debt — — — —
Other — — — —
2,212 2,098 2,325 2,225

Compound Annual Growth %

10y 5y 3y
Sales 5.44% 6.97% 3.46%
Cash Flow 1.12% (4.76%) (10.15%)
Earnings 4.30% 6.88% 0.20%
Book Value 1.60% (1.43%) 5.60%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.80 Actual 0.81

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.64 0.68 Beat by 0.04
Q1 FY26 0.63 0.66 Beat by 0.03
Q2 FY26 0.72 0.71 Miss by 0.01
Q3 FY26 0.80 0.81 Beat by 0.01
Q4 FY26 0.80 — Reports 28 January 2027

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
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 53 55 — — —
’25 51 49 50 53 207
’24 50 50 52 50 202
’23 52 52 54 35 193
’22 43 45 49 52 187
’21 37 38 39 41 155
’20 39 35 36 38 148
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 15 17 — — —
’25 22 (1) 12 5 37
’24 10 11 0 19 39
’23 9 8 12 8 37
’22 15 16 10 11 52
’21 17 5 9 4 35
’20 18 14 7 8 48
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 13 14 — — —
’25 19 (3) 11 4 32
’24 6 8 (2) 15 27
’23 7 3 9 5 25
’22 13 11 9 9 41
’21 16 4 8 2 30
’20 18 13 7 7 46
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 126 137 152 163 148 155 187 193 202 207 211 +5.7% 205 222 233 +3.9%
Gross margin, % 98.39 98.41 97.54 96.81 98.41 99.25 98.14 91.56 89.97 92.13 94.30 (6.3) pt
EBT 32 35 36 37 30 34 43 34 23 39 46 +2.1%
EBT margin, % 25.43 25.38 23.91 23.03 20.48 21.79 22.90 17.89 11.61 18.69 21.64 (6.7) pt
Net income 24 25 30 30 25 29 35 30 19 35 37 +4.2%
Per share, $
Per share, $ Revenue 8.57 9.35 10.36 11.27 10.31 11.01 13.82 14.24 14.95 15.74 16.48 +7.0%
Earnings 1.65 1.70 2.06 2.11 1.75 2.03 2.58 2.22 1.42 2.66 2.84 +5.4%
Cash flow 2.39 2.65 3.29 2.92 3.33 2.45 3.81 2.73 2.88 2.84 3.80 +1.9%
Capex (0.32) (0.28) (0.30) (0.19) (0.14) (0.31) (0.79) (0.88) (0.85) (0.43) (0.53) +3.4%
Free cash flow 2.07 2.36 2.99 2.73 3.19 2.14 3.02 1.85 2.04 2.41 3.27 +1.7%
Book value 14.13 15.31 15.66 16.92 18.18 17.44 15.22 16.99 16.96 18.43 19.11 +3.0%
Shares, m 15 15 15 14 14 14 14 14 14 13 13 (1.2%)
Valuation, ×
Valuation, × P/E 33.39 28.58 25.75 27.50 22.23 19.47 17.55 20.45 28.81 15.61 19.08 23.9
P/S 6.47 5.22 5.11 5.12 3.77 3.57 3.28 3.19 2.74 2.69 3.29 4.1
P/B 3.92 3.19 3.38 3.41 2.14 2.25 2.97 2.67 2.41 2.25 2.84 2.9
EV/Sales 4.35 3.56 3.59 3.87 (0.75) 0.25 2.20 1.25 1.00 0.76 2.21 2.0
EV/FCF 17.98 14.08 12.42 15.98 (2.44) 1.30 10.08 9.67 7.37 4.88 11.11 9.1
Cash, $m
Cash, $m Operating cash flow 35 39 48 42 48 35 52 37 39 37 49 +0.7%
Capex (5) (4) (4) (3) (2) (4) (11) (12) (11) (6) (7) +2.1%
Free cash flow 31 35 44 39 46 30 41 25 27 32 42 +0.5%
Balance, $m
Balance, $m Working capital (343) (490) (474) (493) (336) (803) (959) (728) (623) (816) (863) +10.1%
Net debt (267) (228) (231) (204) (671) (515) (201) (372) (350) (392) (228) +4.4%
Shareholders’ equity 208 225 230 244 261 246 206 230 229 243 245 +1.7%
Returns, %
Returns, % ROA 1.64 1.58 1.81 1.76 1.27 1.20 1.36 1.19 0.79 1.40 1.52 (0.2) pt
ROIC 0.00 0.00 0.00 58.20 0.00 0.00 498.10 0.00 0.00 0.00 176.26 0.0 pt
ROE 11.72 11.55 13.31 12.83 9.96 11.28 15.44 13.78 8.36 14.88 15.12 +3.2 pt
People
People Employees 1,075 1,116 1,143 1,122 1,101 1,116 1,209 1,316 1,248 1,016 — (0.6%)
Revenue/emp, $m 0.12 0.12 0.13 0.14 0.13 0.14 0.15 0.15 0.16 0.20 — +6.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Cass Information Systems, Inc vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BV BrightView Holdings, Inc. $1.1B — (loss-making) — (loss-making) +1.31% (above 0%: growing) n/m +69.17% (above 0%: growing) 21.17% 4.50% Compare
TH Target Hospitality Corp. $1.0B — (loss-making) — (loss-making) +38.71% (above 0%: growing) n/m +486.17% (above 0%: growing) 18.49% (8.77%) Compare
RHLD Resolute Holdings Management, Inc. $1.0B 23.4× — +295.65% (above 0%: growing) n/m +64.98% (above 0%: growing) 34.87% 7.44% Compare
LZ LegalZoom.com, Inc. $1.0B 51.2× 27.7× +2.62% (above 0%: growing) +66.67% (above 0%: growing) −27.39% (below 0%: shrinking) 70.75% 6.94% Compare
TRNS Transcat, Inc. $944.1M 208× 150× +18.01% (above 0%: growing) +83.57% (above 0%: growing) −28.28% (below 0%: shrinking) 33.61% 5.18% Compare
BKSY BlackSky Technology Inc. $782.5M — (loss-making) — (loss-making) +118.39% (above 0%: growing) n/m +100.16% (above 0%: growing) 0.00% 0.95% Compare
KODK Eastman Kodak Company $725.9M — (loss-making) 32.5× +2.60% (above 0%: growing) n/m −129.41% (below 0%: shrinking) 26.45% 5.43% Compare
CASS Cass Information Systems, Inc $695.5M 19.1× 17.3× +12.24% (above 0%: growing) +23.88% (above 0%: growing) +625.84% (above 0%: growing) 92.56% 0.00%
EBF Ennis, Inc. $530.2M 13.6× — (loss-making) +3.37% (above 0%: growing) −27.45% (below 0%: shrinking) +21.39% (above 0%: growing) 29.89% 13.31% Compare
Median of peers $982.0M 37.3× 32.5× +10.69% +66.67% +43.19% 28.17% 5.31%

All 45 Specialty Business Services stocks →

Pay and ownership Proxy statement filed 6 March 2026

Ownership

Directors and executive officers, together 3.42%
AJH Investments LLC 8.17%
BlackRock, Inc. 6.93%
The Vanguard Group 6.11%
Kim Kuehner Revocable Trust 5.16%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Cass Information Systems, Inc (CASS) Latest News

22 Oct

Impact 4 · · FreightWaves
Impact 3 · · Simply Wall St.
Impact 3 · · Zacks
Impact 3 · · Zacks earnings
Impact 3 · · Associated Press
Impact 3 · · GlobeNewswire earnings

13 Oct

Impact 4 · · FreightWaves

14 Sep

Impact 3 ·

23 Jul

Impact 3 ·

9 Jul

Impact 3 ·

15 Jun

Impact 3 ·

15 May

Impact 4 · · Insider Monkey

14 May

Impact 3 · · FreightWaves

27 Apr

Impact 3 · · Zacks

23 Apr

Impact 3 · · Zacks
Impact 3 · · GlobeNewswire

14 Apr

Impact 3 · · FreightWaves

16 Mar

Impact 3 · · FreightWaves

26 Feb

Impact 4 · · FreightWaves
Impact 4 · · Business Wire

17 Feb

Impact 3 · · FreightWaves

26 Jan

Impact 4 · · Simply Wall St.

22 Jan

Impact 4 · · Zacks
Impact 4 · · Associated Press Finance
Impact 4 · · Business Wire

16 Jan

Impact 3 · · FreightWavesFreightWavesFreightWavesFreightWavesFreightWavesFreightWavesFreightWavesFreightWaves

16 Dec

Impact 4 · · FreightWaves

15 Dec

Impact 4 · · Simply Wall St.

20 Nov

Impact 3 · · Zacks

13 Nov

Impact 4 · · FreightWaves
stockrow.com/CASS · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com