---
schema_version: "secwatch.filing_event.v1"
accession: "0000708781-23-000021"
form_type: "8-K"
ticker: "CASS"
cik: "0000708781"
company_name: "CASS INFORMATION SYSTEMS INC"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:55:59.753116+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cass Q2 EPS $0.52 vs $0.62 YoY; net income down 16.6%; dividend declared $0.29

## Summary
- Net income $7.1M ($0.52 diluted EPS) vs $8.6M ($0.62) in Q2 2022, a 16.6% decline.
- Total revenues increased $4.0M (9.0%) YoY; net interest margin expanded to 3.25% from 2.54%.
- Transportation dollar volumes fell 14.9% YoY to $9.7B due to lower freight rates and fuel costs.
- Personnel expenses rose 13.1% and non-personnel expenses up 30.3% due to tech investments.
- Board declared $0.29/share dividend payable Sept 15, 2023 to holders of record Sept 5, 2023.

## SEC filing metadata
- accession: 0000708781-23-000021
- form_type: 8-K
- ticker: CASS
- cik: 0000708781
- company_name: CASS INFORMATION SYSTEMS INC
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708781/000070878123000021/0000708781-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708781/000070878123000021/cass-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708781-23-000021
- JSON: https://secwatch.observer/filing/0000708781-23-000021.json
- Plain text: https://secwatch.observer/filing/0000708781-23-000021.txt

## Key facts
- Earnings Releases
  CASS INFORMATION SYSTEMS INC reported financial results for second quarter of fiscal 2023.
  - Period: second quarter of fiscal 2023
  - Result: reported results
  source text: On July 20, 2023, Cass Information Systems, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/708781/000070878123000021/0000708781-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.