Highest-materiality recent filing
Cass Information Systems reports record Q2 net income of $10.6M, EPS $0.81; declares $0.32 dividend
Record net income from continuing ops $10.6M, diluted EPS $0.81; adjusted EPS $0.71, up 22.4% YoY.
Adjusted diluted EPS from continuing ops $0.66 vs $0.52 prior year, up 26.9%.
Eric Giering named President of Cass Commercial Bank; Dwight Erdbruegger to retire
Eric Giering appointed President of Cass Commercial Bank, succeeding Dwight Erdbruegger.
Cass Information Systems reports record annual net income $35.1M; Q4 adjusted EPS $0.68
Full year 2025 net income $35.1M ($2.61 diluted EPS), record high.
Cass Information Systems increases share repurchase authorization to 1,000,000 shares
Board authorized repurchase of up to 1,000,000 shares, replacing prior 500,000 authorization.
Cass Q3 net income from cont ops $9.2M vs $3.0M YoY; declares $0.32 dividend
Net income from continuing operations $9.2M, up from $3.0M in Q3 2024; diluted EPS $0.69 vs $0.22.
Cass Q2 net income nearly doubles to $8.9M; declares $0.31 dividend, authorizes 500K share buyback
Net income $8.855M ($0.66 diluted EPS), up from $4.484M ($0.32) YoY; net interest margin improved to 3.78% from 3.32%.
Cass Q1 2025 investor presentation released; specific results not included in provided text
Company furnished an investor presentation for Q1 2025 financial results on May 5, 2025.
Cass Q1 EPS $0.66 beats $0.52 YoY; net income up 25%; sale of TEM business announced
Diluted EPS of $0.66 vs $0.52 in Q1 2024; net income $9.0M, up 25.4% YoY.
Cass Information Systems sells TEM business to Asignet for $18M cash
Cass sells its Telecom Expense Management & Managed Mobility Services business to Asignet USA Inc. for $18.0M in cash.
Cass Info Systems awards RSUs to named executives, amends bylaws to declassify board
Board grants 8,303 time-based and 12,455 performance-based RSUs to CEO Martin Resch; other NEOs get proportional awards.
Cass Q4 EPS $0.33 (-46% YoY); pension termination $3.5M; buys AcuAudit; declares $0.31 dividend
Q4 net income $4.6M ($0.33 diluted EPS) down 45.4% from $8.4M ($0.61) in Q4 2023.
Cass Q3 EPS $0.21 vs $0.54 YoY; $6.6M bad debt hits; dividend raised to $0.31
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.
Cass Q2 EPS $0.32 vs $0.52 YoY; net income $4.5M; client cyber event, $3.4M one-time expenses
Net income $4.5M ($0.32 EPS) vs $7.1M ($0.52) in Q2 2023; revenue impacted by drop in transportation volumes and loss of $100M client funding.
Cass Q1 EPS $0.52 vs $0.51 YoY; facility transactions up 23% as freight volumes drop
Net income $7.2M ($0.52 diluted EPS), up 0.5% YoY but down 15% from Q4 2023.
Cass Q4 EPS $0.61 down from $0.67 YoY; transportation dollar volumes fall 17.3%
Net income $8.4M ($0.61/diluted) vs $9.3M ($0.67) in Q4 2022; full-year EPS $2.18 vs $2.53.
Cass Q3 net income falls 16% to $7.4M; dividend raised, $0.30/share; new buyback authorization
Net income $7.4M ($0.54 diluted EPS), down 16% YoY from $0.64; total revenues up 4.3%.
Cass Q2 EPS $0.52 vs $0.62 YoY; net income down 16.6%; dividend declared $0.29
Net income $7.1M ($0.52 diluted EPS) vs $8.6M ($0.62) in Q2 2022, a 16.6% decline.
Martin H. Resch became CEO effective April 18, 2023; received 5,318 restricted shares on April 20.
Cass Q1 2023 EPS falls 15% to $0.51; revenue up 17% on higher NIM
Net income of $7.1M ($0.51 diluted EPS) vs $8.3M ($0.60) in Q1 2022, down 13.8% and 15%.
Cass Information Systems appoints Martin Resch as CEO effective April 18, 2023
Martin Resch appointed President and CEO, effective April 18, 2023; succeeds Eric Brunngraber (CEO since 2008).
Cass Information Systems declares Q1 dividend of $0.29 per share
Dividend of $0.29 per share declared by Board of Directors.
Cass Information Systems posts investor presentation; no material financial data in filing
Presentation made available on company website on January 24, 2023.
Cass Information Systems reports record Q4 EPS $0.67, up 21.8% YoY; full-year EPS $2.53, up 26.5%
Q4 2022 net income $9.3M (+20.6% YoY); diluted EPS $0.67 (+21.8% vs $0.55).
Cass Information Systems declares Q4 dividend of $0.29 per share
Q4 2022 dividend set at $0.29 per share.
Cass Q3 EPS $0.64 (+33.3% YoY); revenue up 22.1%; record transport dollar volumes
Diluted EPS of $0.64 vs $0.48; net income $8.8M, up 29.3% YoY.
Materials from an existing presentation (Exhibit 99.1) shared with investors and analysts.
Cass Information Systems appoints Ann W. Marr to board of directors
Elected to board effective August 2, 2022; board size increased to 11 directors.
Cass Information Systems declares Q3 dividend of $0.28 per share
Board declared a third quarter dividend of $0.28 per share.
Cass Q2 EPS $0.62, net income +21.9% YoY to $8.6M; record transportation volumes
Diluted EPS $0.62 up 29.2% YoY; net income $8.6M up 21.9%.
Cass Information Systems posts Q2 2022 investor presentation on website
Presentation includes business updates and financial info for quarter ended June 30, 2022.
Cass Information Systems declares Q2 dividend $0.28/share; annual meeting results
Q2 dividend of $0.28 per share declared, payable June 15, 2022 to shareholders of record June 3, 2022.
Cass Information Systems posts record Q1 net income of $8.3M; EPS $0.60, up 22.4%
Net income of $8.3M ($0.60 diluted EPS), up 16.8% and 22.4% YoY respectively.
Cass elects Wendy Henry to board, promotes Martin Resch to President
Board increased to 10 directors; Wendy Henry appointed to Audit Committee.
Cass Q4 EPS $0.55 beat, up 25% YoY; declares $0.28 dividend
Q4 net income $7.7M (+20% YoY); diluted EPS $0.55 (+25% YoY).
Cass Info Systems Q3 EPS $0.48 (+20% YoY); dividend raised to $0.28/share, new buyback authorization
Q3 net income $6.8M, diluted EPS $0.48, up 18% and 20% YoY respectively.
Cass Q2 EPS $0.48, up 30% YoY; dividend $0.27 declared
Net income $7.0M ($0.48 diluted EPS) vs $5.4M ($0.37) a year ago, a 29% increase.
Martin H. Resch was appointed as the Company’s Chief Executive Officer effective April 18, 2023 as part of the Company’s succession planning.
the Board of Directors (the “Board”) of Cass Information Systems, Inc. (the “Company”) appointed Martin Resch to serve as the Company’s Chief Executive Officer, effective April 18, 2023.
Mr. Brunngraber will retire as Chief Executive Officer, effective as of April 18, 2023, and will remain with the Company as Executive Chairman
elected Wendy J. Henry as a member of the Board.
the Board appointed Martin Resch as President in addition to his current role as the Company’s Chief Operating Officer.
Max materiality 0.85 · Median 0.65 · Most common event earnings