Cass Information Systems, Inc. (CASS)

Over the past six months, Cass Information Systems, Inc. stock has experienced fluctuations. In November 2025, the stock rose after a new share buyback program was approved. In October 2025, earnings beat estimates, but revenue fell short; Martin H. Resch acquired 500 shares, and Raymond James reiterated an "Outperform" rating. August 2025 saw the report of second-quarter results. In April 2025, Cass agreed to sell its Telecom Expense Management business. March 2025 saw the release of the 2024 10-K report, detailing revenue increase but a decrease in net income due to increased expenses and a cyber attack affecting a CassPay client. February 2025 saw the report of fourth-quarter 2024 results. The stock price has risen over the last month, but decreased over the last six months and year.

The demand for Cass Information Systems' products and services, particularly in freight and transportation, can exhibit seasonality, as indicated by the Cass Freight Index. While seasonality is specifically mentioned in freight, it can be inferred that other services tied to business operations, such as utility and telecom expense management, might also experience some level of seasonality aligning with broader economic activity and business cycles.

Cass Information Systems, Inc. provides payment and information processing services to large manufacturing, distribution, and retail enterprises. The company specializes in streamlining complex expense management through integrated information and payment solutions, including data acquisition, data management, business intelligence, and financial exchange. Its major products and services encompass freight audit and payment, utility bill management, telecom expense management (TEM) solutions (though the TEM business was sold to Asignet USA Inc. in April 2025), a B2B payment platform, church management software, and Amplify by Cass™. Cass also owns Cass Commercial Bank, which provides financial exchange and banking services.

Cass Information Systems, Inc. has a global presence with operations across the United States, Europe, the UK, Brazil, and Singapore. Its headquarters are located in St. Louis, Missouri, USA, with additional U.S. offices in Ohio, Kansas, South Carolina, Florida, Colorado, and other cities in Missouri. Cass processes invoices covering over 185 countries and can facilitate payments in 114 currencies.

Cass Information Systems, founded in 1906, has a reputation for client satisfaction and is recognized as a leading provider of integrated information and payment management solutions. However, its reputation has been affected by a cyber attack and bad debt expense in 2024, as well as a decrease in net income, potentially impacting investor confidence.

Institutions controlling a majority of Cass Information Systems, Inc.'s vote generally favor the annual election of all directors. Martin H. Resch, President and CEO, directly owned shares as of October 2, 2025.