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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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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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