{"schema_version":"secwatch.filing_event.v1","accession":"0000708781-24-000087","form_type":"8-K","ticker":"CASS","cik":"0000708781","company_name":"CASS INFORMATION SYSTEMS INC","filed_at":"2024-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.846167+00:00","generated_at":"2026-05-30T13:29:28.888488+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cass Q3 EPS $0.21 vs $0.54 YoY; $6.6M bad debt hits; dividend raised to $0.31","bullets":["Q3 net income $2.9M ($0.21 diluted) vs. $7.4M ($0.54) in Q3 2023; miss largely due to $6.6M bad debt on a facility funding receivable.","Bad debt expense related to a facility client; full write-off recorded; company pursuing litigation to collect.","Net interest margin expanded to 3.55% from 3.24%; loan yield rose to 5.40% from 4.88%.","Facility transaction volumes up 26.3% YoY; transportation dollar volumes down 1.8% but transaction volumes up 2.6%.","Quarterly dividend raised to $0.31 from $0.30 per share, payable Dec 13 to holders of record Dec 3."],"urls":{"canonical":"https://secwatch.observer/filing/0000708781-24-000087","json":"https://secwatch.observer/filing/0000708781-24-000087.json","markdown":"https://secwatch.observer/filing/0000708781-24-000087.md","text":"https://secwatch.observer/filing/0000708781-24-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/708781/000070878124000087/0000708781-24-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/708781/000070878124000087/cass-20241017.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T13:29:28.888488+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}