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 energy invoices, including electricity, gas, waste, and other facility related expenses; and provides telecommunications expense management solutions comprising bill processing, audit, and payment services for telephone, data line, wireless, and communication equipment expenses. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of commercial banking products and services, such as checking, savings, and time deposit accounts; commercial and commercial real estate loans; and other cash management services to privately owned businesses, and churches and church-related ministries. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and additional leased facilities in Fenton, Missouri, Santa Ana, California, 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.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorComputer and Technology
SymbolNASDAQ:CASS
CUSIP14808P10
Phone314-506-5500
Debt
Debt-to-Equity RatioN/A
Current Ratio0.64
Quick Ratio0.64
Price-To-Earnings
Trailing P/E Ratio30.75
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$135.30 million
Price / Sales6.74
Cash Flow$3.2434 per share
Price / Cash22.88
Book Value$18.33 per share
Price / Book4.05
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$25.01 million
Net Margins19.28%
Return on Equity12.81%
Return on Assets1.79%
Miscellaneous
Employees1,116
Outstanding Shares12,290,000
Cass Information Systems (NASDAQ:CASS) Frequently Asked Questions
What is Cass Information Systems' stock symbol?
Cass Information Systems trades on the NASDAQ under the ticker symbol "CASS."
How often does Cass Information Systems pay dividends? What is the dividend yield for Cass Information Systems?
Cass Information Systems declared a quarterly dividend on Tuesday, April 24th. Stockholders of record on Tuesday, June 5th will be given a dividend of $0.26 per share on Friday, June 15th. This represents a $1.04 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Monday, June 4th. This is a boost from Cass Information Systems's previous quarterly dividend of $0.24. View Cass Information Systems' Dividend History.
How will Cass Information Systems' stock buyback program work?
Cass Information Systems announced that its board has initiated a share buyback program on Friday, October 27th 2017, which permits the company to repurchase 500,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.
How were Cass Information Systems' earnings last quarter?
Cass Information Systems (NASDAQ:CASS) issued its quarterly earnings results on Thursday, April, 26th. The business services provider reported $0.65 earnings per share (EPS) for the quarter. The business services provider had revenue of $35.98 million for the quarter. Cass Information Systems had a net margin of 19.28% and a return on equity of 12.81%. View Cass Information Systems' Earnings History.
When is Cass Information Systems' next earnings date?
Who are some of Cass Information Systems' key competitors?
Some companies that are related to Cass Information Systems include Sothebys (BID), WNS (WNS), Envestnet (ENV), CAPITA Grp/ADR (CTAGY), Wageworks (WAGE), ExlService (EXLS), HMS (HMSY), EVO Payments (EVOP), LendingClub (LC), Emerald Expositions Events (EEX), CBIZ (CBZ), Tabula Rasa HealthCare (TRHC), Viad (VVI), Cardtronics (CATM) and Radware (RDWR).
Who are Cass Information Systems' key executives?
Cass Information Systems' management team includes the folowing people:
- Mr. Eric H. Brunngraber, Chairman, Pres & CEO (Age 61)
- Mr. P. Stephen Appelbaum CPA, Exec. VP, CFO & Sec. (Age 61)
- Mr. Gary B. Langfitt, Pres of Expense Management Services (Age 62)
- Mr. Robert J. Mathias, Pres of Cass Commercial Bank & Chief Operating Officer of Cass Commercial Bank (Age 66)
- Mr. Mark A. Campbell, Pres of Transportation Information Services (Age 55)
Has Cass Information Systems been receiving favorable news coverage?
Media stories about CASS stock have been trending somewhat positive on Friday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cass Information Systems earned a news sentiment score of 0.10 on Accern's scale. They also assigned news stories about the business services provider an impact score of 45.93 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Cass Information Systems' major shareholders?
Cass Information Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (8.74%), BlackRock Inc. (5.85%), Dimensional Fund Advisors LP (3.42%), Atlanta Capital Management Co. L L C (2.61%), Northern Trust Corp (1.66%) and WCM Investment Management CA (1.62%). Company insiders that own Cass Information Systems stock include Eric H Brunngraber, Gary B Langfitt, Ralph W Clermont and Robert J Mathias. View Institutional Ownership Trends for Cass Information Systems.
Which institutional investors are selling Cass Information Systems stock?
CASS stock was sold by a variety of institutional investors in the last quarter, including WCM Investment Management CA, Kayne Anderson Rudnick Investment Management LLC, JPMorgan Chase & Co., Atlanta Capital Management Co. L L C, New York State Common Retirement Fund, Citadel Advisors LLC, Northern Trust Corp and BlackRock Inc.. Company insiders that have sold Cass Information Systems company stock in the last year include Eric H Brunngraber, Gary B Langfitt and Robert J Mathias. View Insider Buying and Selling for Cass Information Systems.
Which institutional investors are buying Cass Information Systems stock?
CASS stock was purchased by a variety of institutional investors in the last quarter, including King Luther Capital Management Corp, Migdal Insurance & Financial Holdings Ltd., Dimensional Fund Advisors LP, Element Capital Management LLC, Oppenheimer Asset Management Inc., Port Capital LLC, Port Capital LLC and Crawford Investment Counsel Inc.. View Insider Buying and Selling for Cass Information Systems.
How do I buy shares of Cass Information Systems?
Shares of CASS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cass Information Systems' stock price today?
One share of CASS stock can currently be purchased for approximately $74.21.
How big of a company is Cass Information Systems?
Cass Information Systems has a market capitalization of $873.39 million and generates $135.30 million in revenue each year. Cass Information Systems employs 1,116 workers across the globe.
How can I contact Cass Information Systems?
Cass Information Systems' mailing address is 12444 POWERSCOURT DRIVE, ST. LOUIS MO, 63131. The business services provider can be reached via phone at 314-506-5500 or via email at [email protected]
MarketBeat Community Rating for Cass Information Systems (CASS)
MarketBeat's community ratings are surveys of what our community members think about Cass Information Systems and other stocks. Vote "Outperform" if you believe CASS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CASS will underperform the S&P 500 over the long term. You may vote once every thirty days.
