---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-009119"
form_type: "8-K"
ticker: "CASS"
cik: "0000708781"
company_name: "CASS INFORMATION SYSTEMS INC"
filed_at: "2022-04-14T23:59:59+00:00"
generated_at: "2026-06-26T07:29:56.820215+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cass Information Systems posts record Q1 net income of $8.3M; EPS $0.60, up 22.4%

## Summary
- Net income of $8.3M ($0.60 diluted EPS), up 16.8% and 22.4% YoY respectively.
- Transportation dollar volumes hit record $10.9B, up 37.3% due to inflation, supply chain issues.
- Financial fees rose 50.5% (+$3.5M) on higher payments in advance of funding (+57.6%).
- Average loans ex-PPP up 24.6% ($189M); repurchased 124,874 shares for $5.1M.
- Net interest margin expanded to 2.36% from 2.32%; company positioned for rising rates.

## SEC filing metadata
- accession: 0001628280-22-009119
- form_type: 8-K
- ticker: CASS
- cik: 0000708781
- company_name: CASS INFORMATION SYSTEMS INC
- filed_at: 2022-04-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708781/000162828022009119/0001628280-22-009119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708781/000162828022009119/cass-20220414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-009119
- JSON: https://secwatch.observer/filing/0001628280-22-009119.json
- Plain text: https://secwatch.observer/filing/0001628280-22-009119.txt

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