Cass Information Systems (CASS) AI Stock Analysis

• Market Cap: $522.43M
• Dividend Yield: 3.26%
• Average Volume (3M): 89.69K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 0.81
• Revenue Growth: -6.85%
• EPS Growth: 39.42%
• Country: US
• Employees: 1,008
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 0.69
• Shares Outstanding: 13,216,006
• 10 Day Avg. Volume: 125,620
• 30 Day Avg. Volume: 89,690
• PEG Ratio: -0.80
• Price to Book (P/B): 2.41
• Price to Sales (P/S): 2.51
• P/FCF Ratio: 18.65
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $45.00
• Price Target Upside: 18.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: $44.00 ▲(15.49% Upside)

Cass Information Systems has a stable financial base with zero debt and strong liquidity, but faces challenges in profitability and operational efficiency. Technical indicators suggest a neutral to slightly bearish outlook, with the stock trading below key moving averages. Valuation metrics indicate a moderately valued stock with a reasonable dividend yield, making it attractive for income-focused investors.

Cass Information Systems Business Overview & Revenue Model

Company Description

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.

How the Company Makes Money

Cass Information Systems generates revenue primarily through its service offerings, including freight audit and payment services, which involve auditing transportation invoices and ensuring accurate payments. The company charges clients a fee for these services, typically based on a percentage of the savings realized or the volume of transactions processed. Other significant revenue streams include telecommunications expense management services, where CASS helps organizations manage and optimize their telecommunications expenses, and utility expense management solutions. Additionally, CASS has established partnerships with various logistics and telecommunications providers to enhance its service offerings, further contributing to its revenue growth.

Cass Information Systems Financial Statement Overview

Summary

Cass Information Systems presents a mixed financial performance. The income statement shows declining profitability despite strong gross margins, while the balance sheet highlights a robust equity base with zero debt. Cash flow analysis reveals steady cash generation and strong liquidity but suggests operational efficiency concerns. Overall, the company is financially stable but faces profitability challenges.

Income Statement

Cass Information Systems shows a fluctuating revenue trend with a recent decline from 2023 to 2024. The gross profit margin remains strong at approximately 94%, reflecting efficient cost management. However, the net profit margin decreased significantly, indicating rising expenses or reduced operational efficiency. The EBIT margin also fell sharply, pointing towards declining operational profitability.

Balance Sheet

The balance sheet reveals a stable equity position with an equity ratio of about 10%. The company has no debt as of 2024, enhancing financial stability. However, the return on equity dropped due to lower net income, suggesting less efficient use of equity to generate profits.

Cash Flow

Operating cash flow improved slightly, indicating stable cash generation ability. The free cash flow grew significantly, reflecting effective cash management, though the ratio to net income indicates operational challenges. The company maintains strong liquidity with substantial cash reserves, despite reduced financing inflows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	210.66M	219.89M	213.23M	183.83M	146.60M	139.92M
Gross Profit	162.29M	193.65M	95.08M	175.95M	125.85M	118.40M
EBITDA	28.08M	30.21M	42.44M	0.00	0.00	41.61M
Net Income	25.35M	19.17M	30.06M	34.90M	28.60M	25.18M
Balance Sheet
Total Assets	2.32B	2.40B	2.48B	2.57B	2.55B	2.20B
Cash, Cash Equivalents and Short-Term Investments	817.71M	349.73M	372.47M	200.94M	514.93M	782.52M
Total Debt	4.86M	7.43M	8.48M	9.50M	378.06M	6.18M
Total Liabilities	2.08B	2.17B	2.25B	2.37B	2.31B	1.94B
Stockholders Equity	240.82M	229.03M	229.81M	206.32M	245.80M	261.16M
Cash Flow
Free Cash Flow	31.16M	29.62M	22.61M	45.74M	30.18M	45.78M
Operating Cash Flow	38.70M	38.95M	36.94M	51.61M	34.55M	47.78M
Investing Cash Flow	-58.74M	3.95M	284.66M	-306.39M	-528.52M	-43.90M
Financing Cash Flow	14.47M	-65.64M	-150.07M	-59.20M	338.37M	462.69M

Cass Information Systems Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 38.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CASS, the sentiment is Negative. The current price of 38.1 is below the 20-day moving average (MA) of 38.32, below the 50-day MA of 40.45, and below the 200-day MA of 41.52, indicating a neutral trend. The MACD of -0.15 indicates Negative momentum. The RSI at 53.27 is Neutral, neither overbought nor oversold. The STOCH value of 76.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CASS.

Cass Information Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MMS	―	$4.68B	15.32	17.61%	1.44%	3.40%	13.75%
CBZ	―	$2.99B	36.22	7.44%	―	59.19%	-35.47%
UNF	―	$2.69B	19.34	6.93%	0.90%	0.20%	2.72%
ABM	―	$2.63B	23.36	6.32%	2.47%	4.27%	-24.06%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CASS	―	$522.43M	16.99	11.44%	3.26%	-6.85%	39.42%
FA	―	$2.46B	549.40	-13.57%	―	65.34%	-633.72%

Cass Information Systems Corporate Events

Cass Information Systems Reports Strong Q3 2025 Earnings

Cass Information Systems, Inc. is a prominent provider of integrated information and payment management solutions, primarily serving enterprises to enhance visibility, control, and efficiency in their operations. The company operates within the financial services sector and is supported by its wholly-owned subsidiary, Cass Commercial Bank.

Cass Information Systems Declares Fourth Quarter Dividend

On October 21, 2025, Cass Information Systems declared a fourth quarter dividend of $0.32 per share, payable on December 15, 2025. The company reported its third quarter 2025 results, showing a net income of $9.1 million and a diluted earnings per share of $0.68. Cass achieved a return on average equity of 15.29% and a net interest margin increase to 3.87%. The company also highlighted technological improvements in its facility line of business, leading to efficiencies in data processing, and anticipates further savings in 2026 from consolidating functions across business lines. Despite a decrease in transportation invoice volumes, transportation dollar volumes increased due to higher freight rates, while facility expense dollar volumes rose significantly due to higher energy usage and new client onboarding.

The most recent analyst rating on (CASS) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Cass Information Systems stock, see the CASS Stock Forecast page.