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Cass Information Systems
(NASDAQ:CASS)
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Rating:69Neutral
Price Target:
$57.00
▲(5.07% Upside)
Action:Reiterated
Date:07/24/26
The score is driven primarily by mixed fundamentals: strong margins and earnings strength are offset by weak top-line growth, softening cash-flow momentum, and higher leverage. Technicals are supportive with an established uptrend and positive momentum indicators, while valuation is reasonable but not clearly cheap. Recent corporate news (record quarter, dividend, and buybacks) adds a positive near-term catalyst.
Positive Factors
High and Sustainable Margins
Consistently strong operating and net margins provide durable earnings power across cycles. High margin structure supports reinvestment, dividend funding and buybacks even with modest revenue, enhancing return on equity and resilience against revenue volatility.
Negative Factors
Weak Top-line Growth
Persistent flat-to-declining revenue limits the scalability of the profitable business model. Without consistent top-line growth, margin gains and capital returns rely on cost cuts or rate tailwinds, which may not be sustainable long-term if volume trends remain weak.
Read all positive and negative factors
Positive Factors
Negative Factors
High and Sustainable Margins
Consistently strong operating and net margins provide durable earnings power across cycles. High margin structure supports reinvestment, dividend funding and buybacks even with modest revenue, enhancing return on equity and resilience against revenue volatility.
Read all positive factors
Cass Information Systems (CASS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$719.75M
Dividend Yield2.27%
Average Volume (3M)77.38K
Price to Earnings (P/E)19.7
Beta (1Y)0.57
Revenue Growth0.13%
EPS Growth49.40%
CountryUS
Employees1,008
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)2.68
Shares Outstanding12,871,149
10 Day Avg. Volume68,236
30 Day Avg. Volume77,381
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)2.25
Price to Sales (P/S)2.86
P/FCF Ratio17.23
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$54.00Price Target Upside-0.46% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3
Revenue Forecast (FY)$205.56M
Cass Information Systems Business Overview & Revenue Model
Company Description
Cass Information Systems, Inc. delivers specialized payment and data management services to a broad array of manufacturing, distribution, and retail businesses across the United States. The company's operations are divided into two main areas: Inf...
How the Company Makes Money
Cass Information Systems primarily makes money through two operating segments: (1) Cass Information Services (payment and information processing) and (2) Cass Commercial Bank (banking). In the Information Services segment, the company generates re...
Cass Information Systems Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 201.20M | 191.10M | 219.89M | 213.23M | 187.31M | 155.19M |
| Gross Profit | 185.57M | 191.10M | 187.66M | 187.14M | 174.42M | 143.67M |
| EBITDA | 48.45M | 45.96M | 30.21M | 42.44M | 47.60M | 38.99M |
| Net Income | 34.98M | 35.12M | 19.17M | 30.06M | 34.90M | 28.60M |
Balance Sheet | ||||||
| Total Assets | 2.53B | 2.61B | 2.40B | 2.48B | 2.57B | 2.55B |
| Cash, Cash Equivalents and Short-Term Investments | 244.34M | 392.27M | 877.75M | 999.59M | 955.41M | 1.19B |
| Total Debt | 145.00M | 4.51M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.29B | 2.36B | 2.17B | 2.25B | 2.37B | 2.31B |
| Stockholders Equity | 241.79M | 243.00M | 229.03M | 229.81M | 206.32M | 245.80M |
Cash Flow | ||||||
| Free Cash Flow | 25.44M | 31.77M | 29.62M | 22.61M | 45.74M | 30.18M |
| Operating Cash Flow | 30.42M | 37.44M | 38.95M | 36.94M | 51.61M | 34.55M |
| Investing Cash Flow | -219.12M | -145.28M | 3.95M | 284.66M | -306.39M | -528.52M |
| Financing Cash Flow | 212.37M | 150.38M | -65.64M | -150.07M | -59.20M | 338.37M |
Cass Information Systems Risk Analysis
Cass Information Systems disclosed 30 risk factors in its most recent earnings report. Cass Information Systems reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Cass Information Systems Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $500.92M | 46.98 | 21.74% | ― | 43.38% | 66.05% | |
75 Outperform | $1.95B | 66.21 | 3.65% | ― | 32.49% | 539.48% | |
72 Outperform | $2.95B | 25.15 | 6.60% | ― | 14.32% | 22.34% | |
69 Neutral | $719.75M | 19.69 | 15.09% | 2.34% | 0.13% | 49.40% | |
68 Neutral | $3.40B | 403.25 | 0.66% | ― | 53.53% | ― | |
64 Neutral | $2.68B | 6.65 | 14.62% | 6.61% | 8.43% | 10.81% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
CASS
Cass Information Systems
56.51
16.39
40.84%
CBZ
CBIZ
55.07
-7.61
-12.14%
PAGS
Pagseguro Digital
9.60
1.92
24.98%
PAYS
Paysign
9.25
2.13
29.92%
FLYW
Flywire
16.63
6.25
60.21%
FA
First Advantage
20.39
4.34
27.04%
Cass Information Systems Corporate Events
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Cass Information Systems Posts Record Q2 Earnings, Dividend
Positive
Jul 23, 2026
Cass Information Systems reported record second-quarter 2026 results, with net income rising to $10.6 million and diluted earnings per share reaching $0.81, supported by adjusted net income growth of over 18% year on year. The company expanded its...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.