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CASS - Cass Information Sys...

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Cass Information Systems, Inc.

CASS

NASDAQ

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.

39.29 USD

0.08 (0.204%)

CASS Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

38.95M

36.94M

51.61M

34.55M

Net Income

19.17M

30.06M

34.9M

28.6M

Depreciation & Amortization

4.33M

4.97M

4.7M

5.17M

Deferred Income Taxes

-1.05M

-284k

-1.16M

-698k

Stock Based Compensation

3.17M

4.14M

6.73M

2.86M

Change in Working Capital

0

-4.52M

-4.28M

-2.21M

Accounts Receivable

-3.34M

-3.84M

-2.52M

-602k

Inventory

0

-3.77M

0

-215.02M

Accounts Payable

77.91M

3.77M

17.2M

215.02M

Other Working Capital

0

-675k

-18.96M

-1.6M

Other Non-Cash Items

13.33M

2.57M

10.71M

817k

CF from Investing Activities

3.95M

284.66M

-306.39M

-528.52M

Investments in Property, Plant & Equipment

0

-14.32M

-5.87M

-4.37M

Net Acquisitions

0

0

-4.81M

-68.66M

Investment Purchases

-119.74M

-15.33M

-232.08M

-494.23M

Sales/Maturities of Investments

213.32M

150.82M

65.05M

160.72M

Other Investing Activites

-89.62M

163.5M

-128.67M

-121.98M

CF from Financing Activities

-65.64M

-150.07M

-59.2M

338.37M

Debt Repayment

0

0

0

0

Common Stock Issued

0

0

0

0

Common Stock Repurchased

-7.25M

-5.77M

-5.3M

-31M

Dividends Paid

-16.46M

-15.96M

-15.44M

-15.45M

Other Financing Activites

-41.93M

-128.34M

-38.46M

384.81M

Free Cash Flow

38.95M

22.61M

45.74M

30.18M

Operating Cash Flow

38.95M

36.94M

51.61M

34.55M

Capital Expenditures

0

-14.32M

-5.87M

-4.37M

Cash at Beginning of Period

372.47M

200.94M

514.93M

670.53M

Cash at End of Period

349.73M

372.47M

200.94M

514.93M

Net Change In Cash

-22.74M

171.53M

-313.99M

-155.6M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

145.78M

131.68M

112.22M

99.06M

Net Income

19.17M

30.06M

34.9M

28.6M

Stock Repurchases

-7.25M

-5.77M

-5.3M

-31M

Dividend Paid

-16.46M

-15.96M

-15.44M

-15.45M

Retained Earnings

148.49M

145.78M

131.68M

112.22M

Other Distributions

-21.01M

-7.63M

-1.28M

-33.28M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

34.17M

38.19M

19.96M

18.11M

Annual Depreciation

5.99M

4.97M

144.41M

121.37M

Capital Expenditure

0

-14.32M

-5.87M

-4.37M

Net PPE

28.19M

47.55M

-118.58M

-98.89M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

4.04M

0

3.05M

0

Goodwill (Previous Year)

17.31M

17.31M

14.26M

14.26M

Goodwill

21.35M

17.31M

17.31M

14.26M

All figures are in USD.

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