---
schema_version: "secwatch.filing_event.v1"
accession: "0000708781-24-000004"
form_type: "8-K"
ticker: "CASS"
cik: "0000708781"
company_name: "CASS INFORMATION SYSTEMS INC"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:44:03.576554+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cass Q4 EPS $0.61 down from $0.67 YoY; transportation dollar volumes fall 17.3%

## Summary
- Net income $8.4M ($0.61/diluted) vs $9.3M ($0.67) in Q4 2022; full-year EPS $2.18 vs $2.53.
- Transportation dollar volumes fell 17.3% to $9.0B; facility transaction volumes rose 9.7%.
- Net interest margin improved to 3.30% from 3.15%; net interest income decreased 1.7%.
- Board declared Q1 dividend $0.30/share payable March 15, 2024 to holders of record March 5.
- No non-performing loans or charge-offs; credit quality remains exceptional.

## SEC filing metadata
- accession: 0000708781-24-000004
- form_type: 8-K
- ticker: CASS
- cik: 0000708781
- company_name: CASS INFORMATION SYSTEMS INC
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708781/000070878124000004/0000708781-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708781/000070878124000004/cass-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708781-24-000004
- JSON: https://secwatch.observer/filing/0000708781-24-000004.json
- Plain text: https://secwatch.observer/filing/0000708781-24-000004.txt

## Key facts
- Earnings Releases
  CASS INFORMATION SYSTEMS INC reported twelve months ended December 31, 2023 results: net income $30.1 million, EPS $2.18.
  - Period: twelve months ended December 31, 2023
  - Net income: $30.1 million
  - EPS: $2.18
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/708781/000070878124000004/0000708781-24-000004-index.htm
- Earnings Releases
  CASS INFORMATION SYSTEMS INC reported fourth quarter 2023 results: net income $8.4 million, EPS $0.61 per diluted share.
  - Period: fourth quarter 2023
  - Net income: $8.4 million
  - EPS: $0.61 per diluted share
  - Result: reported results
  source text: Cass Information Systems, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/708781/000070878124000004/0000708781-24-000004-index.htm

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