Cass Information Systems, Inc - Common Stock (CASS)
44.14
+1.22 (2.84%)
NASDAQ · Last Trade: Jan 22nd, 12:03 PM EST
Detailed Quote
Previous Close
42.92
Open
43.39
Bid
43.90
Ask
44.23
Day's Range
43.31 - 44.83
52 Week Range
36.07 - 47.00
Volume
20,617
Market Cap
631.48M
PE Ratio (TTM)
18.94
EPS (TTM)
2.3
Dividend & Yield
1.280 (2.90%)
1 Month Average Volume
81,828
Chart
About Cass Information Systems, Inc - Common Stock (CASS)
Cass Information Systems is a specialized provider of integrated data and technology solutions, primarily focusing on logistics, payments, and telecommunications. The company collaborates with organizations to streamline their operations by offering services such as invoice processing, freight payment, and data analytics. By leveraging its extensive industry expertise, Cass helps businesses optimize their supply chain management and improve financial performance, ensuring they can effectively manage costs and enhance decision-making processes. With a commitment to innovation, Cass employs advanced technology to provide accurate and actionable insights, positioning itself as a trusted partner for companies seeking efficiency and clarity in their operations. Read More
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) has entered into an Asset Purchase Agreement to sell its Telecom Expense Management & Managed Mobility Services (TEM) business to Asignet USA Inc. (Asignet), a market-leading hyper-automation IT expense management provider.
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported fourth quarter 2024 earnings of $0.33 per diluted share, as compared to $0.61 in the fourth quarter of 2023 and $0.21 in the third quarter of 2024. Net income for the period was $4.6 million, a decrease of 45.4% from $8.4 million in the same period in 2023 and an increase of $2.9 million, or 56.4%, as compared to the third quarter of 2024. For the year ended December 31, 2024, the Company reported net income and earnings per diluted share of $19.2 million and $1.39, respectively, as compared to $30.1 million and $2.18, respectively, for the year ended December 31, 2023.
Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), the leading global provider of freight audit & payment solutions, has acquired AcuAudit, the premier freight audit platform for ocean and international air freight, from Acuitive Solutions LLC.
Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), the leading global provider of freight audit and payment solutions, has announced a partnership with Lupeon, Brazil’s leading freight audit provider, to deliver an in-region solution for Cass’s global client base.
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2024 earnings of $0.21 per diluted share, as compared to $0.54 in the third quarter of 2023 and $0.32 in the second quarter of 2024. Net income for the period was $2.9 million, as compared to $7.4 million in the third quarter of 2023 and $4.5 million in the second quarter of 2024. Net income and earnings per diluted share were negatively impacted by $6.6 million of bad debt expense taken on a funding receivable related to a facility client.
Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), a leading provider of global payment solutions, has received a Multiple Award Schedule contract with the General Services Administration (GSA).
CASS stock results show that Cass Information Sys missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported second quarter 2024 earnings of $0.32 per diluted share, as compared to $0.52 in the second quarter of 2023 and $0.52 in the first quarter of 2024. Net income for the period was $4.5 million, as compared to $7.1 million in the second quarter of 2023 and $7.2 million in the first quarter of 2024.
Cass Information Systems, Inc. (Nasdaq: CASS) and FreightWaves SONAR, the leader in supply chain intelligence, are excited to announce a strategic partnership designed to benefit the freight and logistics industry.
Cass Commercial Bank proudly celebrates its 118th anniversary, marking over a century of unwavering commitment to financial excellence and community service. Established in 1906, Cass Commercial Bank has remained a pillar of strength and stability in the banking industry, consistently delivering exceptional service to its clients.
Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of global freight payment solutions, announces the availability of Amplify by Cass™, an addition to the Cass Financial Suite® that helps enterprises and their freight carriers improve working capital levels.
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported first quarter 2024 earnings of $0.52 per diluted share, as compared to $0.51 in the first quarter of 2023 and $0.61 in the fourth quarter of 2023. Net income for the period was $7.2 million, an increase of 0.5% from $7.1 million in the same period in 2023 and a decrease of $1.3 million, or 15.0%, as compared to the fourth quarter of 2023.
Cass Commercial Bank, a solid financial institution with a legacy of 117 years, is excited to announce the launch of its recent Equipment Finance Division. Designed to unlock the potential of capital assets across industries, this new division offers tailored equipment leasing solutions to finance growth, improve capital efficiency, and drive businesses forward.
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported fourth quarter 2023 earnings of $0.61 per diluted share, as compared to $0.67 in the fourth quarter of 2022 and $0.54 in the third quarter of 2023. Net income for the period was $8.4 million, a decrease of 9.4% from $9.3 million in the same period in 2022 and an increase of $1.0 million, or 13.8%, as compared to the third quarter of 2023. For the year ended December 31, 2023, the Company reported net income and earnings per diluted share of $30.1 million and $2.18, respectively, as compared to $34.9 million and $2.53, respectively, for the year ended December 31, 2022.
Cass Information Systems, Inc. (Nasdaq: CASS), the leading global provider of freight audit and payment solutions, has been recognized as a 2024 FedEx Certified Freight Bill Audit and Pay (FBAP) Provider. This elite program recognizes freight payment providers that meet or exceed FedEx’s stringent standards for EDI capabilities, remittance quality, dispute management, and more.
Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported third quarter 2023 earnings of $0.54 per diluted share, as compared to $0.64 in the third quarter of 2022 and $0.52 in the second quarter of 2023. Net income for the period was $7.4 million, a decrease of 16.0% from $8.8 million in the same period in 2022 and an increase of $256,000, or 3.6%, as compared to the second quarter of 2023.
