earnings
confidence high
sentiment positive
materiality 0.85
Cass Information Systems reports record Q2 net income of $10.6M, EPS $0.81; declares $0.32 dividend
CASS INFORMATION SYSTEMS INC
- Record net income from continuing ops $10.6M, diluted EPS $0.81; adjusted EPS $0.71, up 22.4% YoY.
- Net interest margin expanded to 4.00% from 3.78% in Q2 2025; transportation dollar volumes up 7.4%.
- Personnel expenses down 2.4% YoY; no loan charge-offs; non-performing loans reduced 76.4% from Dec 2025.
- Board declared Q3 dividend of $0.32/share, payable Sept 14, 2026 to holders of record Sept 4, 2026.
- Repurchased 65,557 shares at weighted avg price $46.23 in Q2.