Welcome to our dedicated page for Cass Info Sys news (Ticker: CASS), a resource for investors and traders seeking the latest updates and insights on Cass Info Sys stock.
Cass Information Systems Inc. provides enterprise payment processing and information management services for transportation, facilities, supply chain and related operating spend. News about CASS commonly covers quarterly earnings, invoice and dollar-volume trends, processing fees, financial fees from invoice payment services, net interest margin, asset quality and capital actions such as share repurchases.
The company also reports developments at Cass Commercial Bank, its wholly owned commercial banking subsidiary, along with board and bank leadership changes, client-facing payment and spend-management solutions, partnerships, acquisitions and portfolio changes such as the completed sale of its Telecom Expense Management and Managed Mobility Services business.
Cass Information Systems (Nasdaq: CASS) reported record second-quarter 2026 net income of $10.6 million and diluted EPS of $0.81. Adjusted net income from continuing operations was $9.2 million and adjusted diluted EPS $0.71, up 18.1% and 22.4% year over year.
Net interest margin rose to 4.00% from 3.78%, driving a 10.6% increase in net interest income. Transportation dollar volumes grew 7.4% despite lower invoice counts; facility dollar volumes rose 2.6%. Loans increased 3.9% since December 31, 2025, and deposits grew 6.6%.
Cass reported no loan charge-offs, an allowance for credit losses of 1.30% of loans, and a $5.3 million (76.4%) reduction in non-performing loans versus year-end 2025, aided by a $1.8 million bad debt recovery. The company repurchased 65,557 shares at an average $46.23 and declared a quarterly dividend of $0.32 per share payable September 14, 2026. According to Cass, outlook drivers include sustained higher interest rates, higher freight rates, demand for early payment solutions, and continued expense discipline.
Cass (Nasdaq: CASS) reported Q1 2026 results: net income $8.8M and diluted EPS $0.67, adjusted EPS $0.66, representing increases of 23.7% and 26.9% on adjusted measures versus Q1 2025. Net interest margin rose to 3.95%. Facility dollar volumes grew 7.4%. The board approved a quarterly dividend of $0.32 per share and the company repurchased 64,802 shares at an average price of $44.34.
Cass Information Systems (NASDAQ: CASS) announced board changes effective April 21, 2026: John J. Drabik was elected to the Board and appointed to the Audit and Risk Committee. Sally H. Roth, Ralph W. Clermont, and James L. Lindemann retired after not standing for re-election.
Mr. Drabik is EVP and CFO of Energizer with prior public accounting and corporate finance experience; the retirees served since 2019, 2015, and 2007 respectively.
Cass Information Systems (Nasdaq: CASS) named Eric Giering President of Cass Commercial Bank, announced March 30, 2026. Giering succeeds Dwight D. Erdbruegger, who will retire in September 2026 after serving as President since July 2018.
Giering joined the bank in 2019 as Director of Commercial Banking, brings more than three decades of commercial banking experience, and holds an MBA in Finance from Central Michigan University.
Cass Information Systems (Nasdaq: CASS) announced a strategic partnership with Caspian on February 26, 2026 to deliver a tariff cost management solution for U.S. importers. The integrated offering links payment, audit, compliance, recovery, and visibility to improve landed-cost accuracy and cash flow.
The collaboration adds Caspian’s AI-driven HTS modeling, tariff audit capabilities, refund identification, and support for post summary corrections, protests, and duty drawback programs to Cass’s existing ocean audit and payment platform.
Cass Information Systems (Nasdaq: CASS) reported record 2025 results with net income $35.1M and diluted EPS $2.61. Full year highlights include net interest income up $13.5M (19.8%), facility dollar volumes up 14.7%, and repurchases of 617,415 shares at a $41.59 weighted average. Q4 net income was $8.2M and adjusted Q4 EPS was $0.68 (non-GAAP). Q4 net interest margin rose to 3.93%. Board approved a quarterly dividend of $0.32 per share payable March 13, 2026.
Cass Information Systems (Nasdaq: CASS) reported third quarter 2025 results with net income $9.1M and diluted EPS $0.68, versus $2.9M and $0.21 in Q3 2024. Return on average equity was 15.29% and net interest margin improved to 3.87% from 3.55% year‑over‑year.
Key drivers included a 19.3% increase in net interest income, facility dollar volumes +13.9%, repositioned investment yields, and automation (80%+ facility invoices AI processed). The company repurchased 159,587 shares (~$6.7M) and raised the quarterly dividend to $0.32 payable Dec 15, 2025. Non‑performing loans totaled $7.1M.
Cass Information Systems (Nasdaq: CASS) reported strong Q2 2025 financial results, with net income reaching $8.9 million, or $0.66 per diluted share, marking a significant improvement from $0.32 per share in Q2 2024. The company achieved a return on equity of 15.35% and improved its net interest margin to 3.78%.
Key developments include the successful sale of its TEM business to Asignet USA Inc., resulting in an $18.0 million purchase price and a $3.6 million gain. The company strategically sold $34.0 million of corporate investment securities at a loss to reposition its portfolio for better future returns. Transportation dollar volumes increased by 3.2% to $9.4 billion, while facility expense dollar volumes grew 16.1% to $5.5 billion.
The Board approved a $0.31 quarterly dividend and authorized the repurchase of up to 500,000 shares of common stock.
Cass Information Systems (NASDAQ: CASS) reported strong Q1 2025 results with earnings of $0.66 per diluted share, up from $0.52 in Q1 2024. Net income reached $9.0 million, marking a 25.4% increase year-over-year.
Key highlights include an improved net interest margin of 3.75%, a 17% increase in net interest income, and maintained exceptional credit quality with no non-performing loans. The company announced the sale of its Telecom Expense Management (TEM) business to Asignet USA Inc.
Transportation invoice volumes declined 4.7% to 8.36 million, while facility expense invoice volumes increased 2.7% to 4.2 million. The company repurchased 116,109 shares at an average price of $42.86 and received $2.0 million from a litigation settlement.
Cass Information Systems (Nasdaq: CASS) has announced the sale of its Telecom Expense Management & Managed Mobility Services (TEM) business to Asignet USA Inc. The transaction, expected to close in Q2 2025, aligns with Cass's strategy to concentrate investments on financial exchange and information processing capabilities.
Martin Resch, President and CEO of Cass, emphasized that the sale would create value for customers, citing Asignet's significant investment in products and services in the TEM space. The deal includes the transfer of Cass TEM employees to Asignet. BellMark Partners served as advisors to Cass in this transaction.