Welcome to our dedicated page for Cass Info Sys SEC filings (Ticker: CASS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Understanding how a payment processor generates revenue from freight auditing, utility expense management, and banking operations requires digging into specific disclosures. Cass Information Systems' SEC filings break down these distinct business lines and reveal the metrics that matter most for evaluating this unique bank holding company.
The company's 10-K annual reports detail how Cass Commercial Bank contributes to consolidated results, including net interest margin, loan quality metrics, and deposit composition. For a company where banking and payment processing intertwine, these disclosures help investors understand capital allocation between the two business models.
Quarterly 10-Q filings from Cass provide fresher data on transaction volumes and fee income trends. Because freight payment activity correlates with economic conditions, these quarterly snapshots offer insights into shipping activity levels among Cass's corporate client base. The utility and facilities expense management segment disclosures reveal recurring revenue stability.
Form 4 insider transaction filings track when Cass executives and directors buy or sell company shares. For a relatively small public company, insider trading activity can signal management confidence in the business outlook. Our platform surfaces these Form 4 filings with AI-powered context explaining the significance of each transaction.
Material event disclosures through 8-K filings announce acquisitions, divestitures, and strategic changes that reshape Cass's competitive positioning. The company's history includes both tuck-in acquisitions and business line sales, making 8-K monitoring essential for tracking corporate strategy evolution.
Proxy statement filings reveal executive compensation structures and board composition at this long-established company. For investors evaluating governance quality at smaller financial institutions, these DEF 14A disclosures provide transparency into leadership incentives and oversight practices.
Cass Information Systems director Frank Wicks reported buying additional company stock. On 12/11/2025, he acquired 297 shares of Cass Information Systems common stock at a price of $43.65 per share.
After this transaction, Wicks directly owns 32,016 shares of Cass Information Systems common stock. This total includes restricted stock bonus shares that are subject to vesting and forfeiture, meaning some shares will only fully belong to him if certain conditions are met.
Cass Information Systems Inc director Randall L. Schilling reported acquiring 297 shares of common stock on 12/11/2025 at $43.65 per share. Following this transaction, he directly beneficially owns 31,383 shares. These holdings include restricted stock bonus shares that are subject to vesting and forfeiture.
Cass Information Systems, Inc.12/11/2025, the director obtained 297 shares of Cass Information Systems common stock at a price of $43.65 per share.
After this transaction, the director beneficially owns 21,714 shares of Cass Information Systems common stock in direct ownership. This total includes restricted stock bonus shares that are subject to vesting and forfeiture conditions, meaning some shares may not ultimately be retained if those conditions are not met.
Cass Information Systems director James J. Lindemann reported acquiring 297 shares of common stock on 12/11/2025 at a price of $43.65 per share.
After this transaction, he directly holds 33,611 shares of Cass Information Systems stock, which include restricted stock bonus shares that are subject to vesting and possible forfeiture.
A director of Cass Information Systems reported acquiring 297 shares of the company’s common stock on December 11, 2025, at a price of $43.65 per share.
After this transaction, the director beneficially owned 24,839 shares of Cass Information Systems common stock in direct ownership. This total includes restricted stock bonus shares that are subject to vesting and forfeiture.
Cass Information Systems authorized a new share repurchase program of up to 1,000,000 shares of common stock, effective November 6, 2025. This replaces the July 15, 2025 authorization for up to 500,000 shares, leaving 1,000,000 shares available. The authorization has no expiration date.
Repurchases may occur via open market purchases, privately negotiated transactions, or Rule 10b5-1 plans, in accordance with applicable laws. The company cites three aims: provide capital return flexibility, offset dilution from employee stock-based compensation, and reduce share count when opportunities are attractive.
The timing and amount of any repurchases will depend on factors such as plan constraints, price, market conditions, alternative investment opportunities, and maintaining regulatory capital above minimums. The authorization does not obligate any purchases and may be modified or terminated at any time. Purchases will be funded with cash on hand.
Cass Information Systems (CASS) reported stronger Q3 2025 results. Total net revenue was $50.1 million, up 7.6% year over year, driven by higher net interest income. Net income rose to $9.1 million from $2.9 million, and diluted EPS increased to $0.68 from $0.21.
Net interest income grew 19.3% to $21.0 million as net interest margin improved to 3.87% from 3.55%, reflecting higher average earning assets and lower funding costs. Processing fees were $16.7 million (down 0.2%) and financial fees were $10.4 million (down 5.5%). Operating expense fell 10.1%, largely due to a $6.6 million bad debt expense in the prior year quarter.
Year-to-date, the company recorded a $3.6 million loss on securities sales in June and recognized a $2.0 million bad debt recovery tied to a settlement. The TEM business sale closed at $18.0 million, with Q3 discontinued operations at a $0.1 million loss and $4.0 million income year-to-date. At September 30, 2025, assets were $2.45 billion, deposits $1.03 billion, and loans $1.09 billion with an allowance for credit losses of $14.1 million and nonaccrual loans of $7.1 million. The company repurchased 159,587 shares in Q3; 340,413 shares remained under the authorization.
Cass Information Systems, Inc. reported that it released its third-quarter fiscal 2025 results via a press release and posted an investor presentation. The materials were furnished, not filed, and are available on the company’s Investors website.
The Board also declared a fourth-quarter dividend of $0.32 per share, payable on December 15, 2025 to shareholders of record on December 5, 2025. Cass reiterated that it uses the Investors portion of its website to disclose material information under Regulation FD.
Martin H. Resch, President & CEO of Cass Information Systems, Inc. reported a personal purchase of 500 shares of Cass common stock on
Q2-25 highlights: Net interest income rose 22% YoY to $19.5 million, offsetting a $3.6 million security-sale loss and flat fee revenue. Total net revenue increased 1% to $44.4 million while operating expense dipped 0.8%, lifting continuing-ops profit 20% to $5.2 million ($0.38 diluted EPS). A $3.6 million gain on the sale of the Telecom Expense Management (TEM) unit boosted consolidated net income to $8.9 million, doubling diluted EPS to $0.66.
Balance-sheet trends: Loans expanded 3% YTD to $1.12 billion; deposits grew 4% to $1.00 billion as non-interest balances jumped 48%. Net interest margin widened 46 bp to 3.78%. Cash fell $132 million to $218 million after security sales, loan growth and $11 million of share buybacks. Allowance for credit losses rose to $14.3 million (1.28% of loans) with two newly non-accrual CRE loans totaling $3.4 million. Available-for-sale securities carry $45.4 million of unrealized losses even after the portfolio reshuffle.
Capital returns & outlook: Board replaced the 2023 buyback with a fresh 500 k-share authorization; 256 k shares were repurchased in 1H-25. Quarterly dividend was raised to $0.31. Management expects higher rates to keep supporting margin but notes soft freight volumes and ongoing CRE credit monitoring. Key watch items include further portfolio repositioning, non-accrual migration and tax-law changes enacted 4 July 2025.
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