Cass Info Systems Q3 EPS $0.48 (+20% YoY); dividend raised to $0.28/share, new buyback authorization

CASS INFORMATION SYSTEMS INC

2021-Q3 EPS reported $1.45 revenue$114,197,000

Q3 net income $6.8M, diluted EPS $0.48, up 18% and 20% YoY respectively.
Revenue $38.7M, up 8% YoY; transportation dollar volume +40% to $9.5B.
Board declared Q4 dividend $0.28/share (+4% from $0.27), payable Dec 15, record Dec 3.
Board authorized repurchase of up to 750k additional shares; bought 435k shares YTD for $19M.

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