Cass Information Systems CASS

Financial - Credit Services, Financial Services

$54.83

−4.92%

Market cap: $702.2M
PE: 19.7×; 10y median 23.4×
Forward PE: n/m; not a meaningful number
Price to sales: 3.5×
EV/EBIT: 6.3×
Revenue, 12 months: $198.7M; +8% on a year ago
Net margin: 18.5%
Free cash flow yield: 6.0%

Cass Information Systems trades at 19.7× trailing earnings, cheaper than 71% of the last ten years. Revenue was $198.7M over the last twelve months, up 8% on a year earlier with a 18% net margin.

Charts

Financials

Income statement for CASS, by quarter
Income statement	Q3 FY23	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$49.2M+3%	$50.2M+2%	$45.2M−8%	$44.4M−8%	$46.4M−6%	$45.2M−10%	$47.3M+5%	$44.4M+0%	$49.9M+8%	$49.2M+9%	$49.2M+4%	$50.5M+14%
Interest expense	$4.6M+494%	$4.7M+119%	$5.2M+60%	$5.3M+44%	$5.2M+11%	$4.6M−2%	$4.1M−21%	$4.2M−22%	$4.2M−20%	$3.9M−16%	$3.9M−6%	$4.1M−3%
Pre-tax income	$9.2M−16%	$10.4M−7%	$8.9M−1%	$5.6M−37%	$3.8M−59%	$5.2M−50%	$10.9M+22%	$6.3M+13%	$11.6M+209%	$10M+92%	$10.9M+0%	$13.2M+110%
	$1.8M−15%	$1.9M+4%	$1.8M−1%	$1.3M−27%	$736K−58%	$1.1M−46%	$2.3M+27%	$1.1M−11%	$2.4M+227%	$1.8M+70%	$2.1M−8%	$2.6M+132%
Net income	$7.4M−16%	$8.4M−9%	$7.2M+1%	$4.5M−37%	$2.9M−60%	$4.6M−45%	$9M+25%	$8.9M+98%	$9.1M+210%	$8.2M+78%	$8.8M−2%	$10.6M+20%
	$0.54−16%	$0.61−9%	$0.52+2%	$0.32−39%	$0.21−61%	$0.33−46%	$0.66+27%	$0.66+106%	$0.68+224%	$0.62+88%	$0.67+2%	$0.81+23%
	13.8M−0%	13.8M−0%	13.8M−1%	13.8M−0%	13.8M+0%	13.7M−0%	13.6M−1%	13.6M−2%	13.4M−3%	13.2M−4%	13.2M−4%	13.1M−4%

EPS, diluted: 6 periods, Q4 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 3 periods, Q2 FY10 to Q1 FY11: not printed by the filing, worked out from its own lines. 14 periods, Q4 FY11 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17: share-days: the 12-month average over 365 days less the 9-month over 273, the two on one basis (x1.2).

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Financial - Credit Services nearest Cass Information Systems' size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
CASSCass Information Systems	$702.2M	19.7×	23.4×	3.5×	+8%	18.5%
MAXMediaAlpha	$729M	7.4×	25.9×	0.6×	+14%	7.9%
PRTHPriority Technology	$644.7M	11.3×	15.2×	0.6×	+9%	5.6%
WRLDWorld Acceptance	$778.9M	20.1×	15.1×	1.3×	+4%	6.6%
PHRPhreesia	$788.3M	74.7×	71.5×	1.6×	+13%	2.1%
VELVelocity Financial	$604.1M	5.6×	10.5×	n/m	n/m	n/m
PAYSPaysign	$842.4M	57.4×	52.5×	8.4×	+47%	15.7%
RHLDResolute Holdings Management	$934.6M	22.0×	20.9×	0.8×	+159%	4.2%
QNSTQuinstreet	$943.1M	n/m	43.3×	0.7×	+18%	n/m
OPFIOppFi	$461.8M	2.6×	44.1×	1.3×	+0%	28.0%
PLBCPlumas Bancorp	$439.8M	12.4×	9.3×	3.9×	+34%	31.7%
Peer median	$754M	12.4×	23.4×	1.3×	+14%	7.3%