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30.03.26 - 13:36
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Cass Commercial Bank Names Eric Giering President (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS), a leading provider of information and payment management solutions, announced today that Eric Giering has been named President of Cass Commercial Bank, its commercial banking subsidiary.
Giering succeeds Dwight D. Erdbruegger, who will retire in September after serving as President of Cass Commercial Bank since July 2018. Under Erdbruegger's leadership, the Bank strengthened its market position, expanded key lines of business, and continued its long-standing record of conservative credit management and strong financial performance.
Giering has served as Director of Commercial Banking since joining Cass Commercial Bank in 2019. During his tenure, he has played a key role in advancing the Bank's commercial banking strategy, supporting growth and strengthening client relationships while maintaining the Bank's long-standing commitment to disciplined credit practices and sound risk management.
“Eric is a proven leader with a deep u...
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22.01.26 - 14:06
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Cass Information Systems Reports Record Annual Net Income and EPS (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (the Company or Cass) today reported its full year and fourth quarter 2025 earnings.
Full Year Financial Highlights
Record net income and diluted earnings per share of $35.1 million and $2.61, respectively.
Return on average equity and assets of 14.98% and 1.43%, respectively.
Increase in net interest income of $13.5 million, or 19.8%.
Increase in facility dollar volumes of 14.7%.
Increase in average accounts and drafts payable of 14.9%.
Salaries and commissions increase limited to 0.4% as a result of a decline in average FTEs of 5.4%.
Repurchased 617,415 shares of Company common stock at a weighted average price of $41.59.
Fourth Quarter Financial Highlights
Net income and diluted earnings per share of $8.2 million and $0.62, respectively.
Adjusted net income and adjusted diluted earnings per share from continuing operations of $9.0 million and $0.68, increases of 32.9% and 38.8% compared to the prior year quarter.
Increase in net ...
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23.10.25 - 14:03
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Cass Information Systems reports Third Quarter 2025 Results (Business Wire)
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ST. LOUIS, Mo.--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (the Company or Cass) today reported its third quarter 2025 earnings as follows:
($ in thousands, except per share data)
Three Months Ended
Nine Months Ended
9/30/25
6/30/25
3/31/25
12/31/24
9/30/24
9/30/25
9/30/24
Net income from continuing operations
$
9,212
$
5,160
$
8,551
$
4,158
$
3,028
$
22,922
$
14,400
Net income
9,106
8,855
8,966
4,594
2,938
26,927
14,574
Diluted earnings per share from continuing operations
$
0.69
$
0.38
$
0.63
$
0.30
$
0.22
$
1.69
$
1.04
Diluted earnings per share
$
0.68
$
0.66
$
0.66
$
0.33
$
0.21
$
1.99
$
1.06
Return on average equity
15.29
%
15.35
%
15.91
%
7.88
%
5.04
%
15.51
%
8.54
%
Return on average assets
1.44
%
1.48
%
1.51
%
0.77
%
?...
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17.07.25 - 14:03
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Cass Information Systems Reports Second Quarter 2025 Results (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (the Company or Cass) today reported its second quarter 2025 earnings as follows:
($ in thousands, except per share data)
QuarterEndedJune 30, 2025
QuarterEndedMarch 31, 2025
QuarterEndedJune 30, 2024
Six-MonthsEndedJune 30, 2025
Six-MonthsEndedJune 30, 2024
Net income
$
8,855
$
8,966
$
4,484
$
17,821
$
11,636
Diluted earnings per share
$
0.66
$
0.66
$
0.32
$
1.31
$
0.84
Return on average equity
15.35%
15.91%
8.01%
15.62%
10.36%
Return on average assets
1.48%
1.51%
0.78%
1.49%
1.00%
Net interest margin
3.78%
3.75%
3.32%
3.76%
3.29%
In announcing these results, Martin Resch, the Company's President and Chief Executive Officer, noted, “We continue to see year over year improvement in our quarterly results. The growth in interest-earning assets, combined with the continued improvement in net interest...
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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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