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01.06.25 - 21:15
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XFRA: DIVIDEND/INTEREST INFORMATION - 03.06.2025 - EQUBF_01 (XETRA)
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Das Instrument CC3 US14808P1093 CASS INFORM. DL-,50 EQUITY wird cum Dividende/Zinsen gehandelt am 02.06.2025 und ex Dividende/Zinsen am 03.06.2025
The instrument CC3 US14808P1093 CASS INFORM. DL-,50 EQUITY has its pre-dividend/interest day on 02.06.2025 and its ex-dividend/interest day on 03.06.2025...
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17.04.25 - 14:33
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Cass Information Systems Reports First Quarter 2025 Results (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported first quarter 2025 earnings of $0.66 per diluted share, as compared to $0.52 in the first quarter of 2024 and $0.33 in the fourth quarter of 2024. Net income for the period was $9.0 million, an increase of 25.4% from $7.2 million in the same period in 2024 and an increase of $4.4 million, or 95.2%, as compared to the fourth quarter of 2024.
First Quarter Results
All comparisons refer to the first quarter of 2024, except as noted. On April 7, 2025, the Company signed an Asset Purchase Agreement providing for the sale of its Telecom Expense Management & Managed Mobility Services (“TEM”) business to Asignet USA Inc. The Company has applied discontinued operations accounting in accordance with FASB Accounting Standards Codification (“ASC”), Topic 205-20, “Presentation of Financial Statements – Discontinued Operations,” to the assets and liabilities being sold related to the Company's TEM Bu...
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02.03.25 - 21:12
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XFRA : DIVIDEND/INTEREST INFORMATION - 04.03.2025 - US14808P1093 (XETRA)
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Das Instrument CC3 US14808P1093 CASS INFORM. DL-,50 EQUITY wird cum Dividende/Zinsen gehandelt am 03.03.2025 und ex Dividende/Zinsen am 04.03.2025
The instrument CC3 US14808P1093 CASS INFORM. DL-,50 EQUITY has its pre-dividend/interest day on 03.03.2025 and its ex-dividend/interest day on 04.03.2025...
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23.01.25 - 14:03
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Cass Information Systems Reports Fourth Quarter 2024 Results (Business Wire)
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Fourth Quarter Results
(All comparisons refer to the fourth quarter of 2023, except as noted)
Net income of $4.6 million, or $0.33 per diluted common share.
Successfully terminated defined benefit pension plan resulting in one-time expense of $3.5 million.
Increase in net interest margin to 3.55% from 3.30%.
Increase in facility expense transaction volumes of 20.3%.
Completed acquisition of AcuAudit from Acuitive Solutions LLC.
Maintained exceptional credit quality, with no non-performing loans or charge-offs.
Repurchased 79,713 shares of Company stock at weighted average price of $44.02.
ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported fourth quarter 2024 earnings of $0.33 per diluted share, as compared to $0.61 in the fourth quarter of 2023 and $0.21 in the third quarter of 2024. Net income for the period was $4.6 million, a decrease of 45.4% from $8.4 million in the same period in 2023 and an increase of $2.9 million, or 56.4%, as compared to the...
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02.01.25 - 13:36
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Cass Information Systems Acquires AcuAudit Platform from Acuitive Solutions (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), the leading global provider of freight audit & payment solutions, has acquired AcuAudit, the premier freight audit platform for ocean and international air freight, from Acuitive Solutions LLC.
Global shippers choose AcuAudit for its advanced audit and accounting automation capabilities. Shippers especially value the solution because it enables a fast and accurate understanding of landed costs at the product level.
“The Acuitive team has built a truly exceptional solution to support the advanced needs of global shippers,” said Tony Urban, president of Cass's freight audit and payment group. “Today, with a best-in-class solution for every mode as well as full global coverage, Cass offers the most robust freight audit and payment offering worldwide. We are the sole global provider for large shippers with complex transportation operations across all modes.”
Urban added, “We look forward to working with AcuAudit's cu...
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