Headquartered in Saint Louis, MO Fiscal year ends December NASDAQ: CASS cassinfo.com
Cass Information Systems, Inc. is a provider of integrated information and payment management solutions, enabling enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities and other operations. The company processes and disburses over $94 billion annually on behalf of clients through two primary fee revenue streams: processing fees earned from freight audit and payment and facility expense management services, and financial fees earned on a transactional basis for invoice payment services including early payment solutions via its CassPay platform. Cass is uniquely supported by its wholly owned subsidiary, Cass Commercial Bank, founded in 1906, which provides financial exchange services and traditional banking including commercial lending focused on franchise restaurants, faith-based ministries, and commercial real estate. The company serves transportation and facilities management clients and is a member of the Russell 2000 index, trading on Nasdaq under the ticker CASS. The company divested its Telecom Expense Management & Managed Mobility Services (TEM) business in June 2025. Updated
Average dollars per traditional freight invoice rose 17.2%, lifting net interest income and financial fees enough to beat on both lines. The board raised the quarterly dividend to $0.34, but management warned expenses accelerate in Q4 and 2027 as two large CassPay clients onboard.
Cass Information Systems, Inc. is a provider of integrated information and payment management solutions, enabling enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities and other operations.
The Wall Street consensus 12-month price target for CASS is $59.50.