CASS Stock Analysis: Cass Information Systems | NASDAQ
Specialty Business Services | NASDAQ, USA | Market Cap: 722m USD | 12M Return: 36.1% | US14808P1093 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.34M
EPS Trend: 13.1%
Qual. Beats: 0
Rev. Trend: -84.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Cass Information Systems (NASDAQ: CASS) provides payment and information processing services primarily to U.S. manufacturing, distribution, and retail enterprises, operating through two segments: Information Services and Banking Services. The Information Services segment handles freight invoice rating, payment processing, auditing, and transportation/accounting information, as well as facility-related invoice processing (utilities, waste, telecom), telecom expense management, and church management software with online generosity tools for faith-based and non-profit organizations. The Banking Services segment operates through subsidiary Cass Commercial Bank, offering deposits, commercial and real estate loans, and cash management services to privately held businesses, restaurant franchises, and faith-based ministries. The company also provides a B2B payment platform and maintains facilities in the St. Louis area and Colorado Springs.
The company falls within the Industrials sector under the Data Processing & Outsourced Services sub-industry (GICS classification), reflecting its hybrid business model that combines B2B payment automation with a regulated commercial banking operation. Founded in 1906 and headquartered in Saint Louis, Missouri, CASS was formerly known as Cass Commercial Corporation before adopting its current name in January 2001 and has been publicly traded since 1996.
- Banking net interest margin compresses on Fed rate cuts
- Freight payment volumes decline with U.S. shipping slowdown
- B2B payments face competition from fintech disruptors
- Utility invoice processing revenue grows on client expansion
| Net Income: 36.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.61 > 1.0 |
| NWC/Revenue: -994.1% < 20% (prev 72.84%; Δ -1.07k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 48.6m > Net Income 36.7m |
| Net Debt (-148.5m) to EBITDA (52.8m): -2.81 < 3 |
| Current Ratio: 0.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (13.1m) vs 12m ago -3.32% < -2% |
| Gross Margin: 93.18% > 18% (prev 84.64%; Δ 8.53% > 0.5%) |
| Asset Turnover: 8.41% > 50% (prev 8.92%; Δ -0.52% > 0%) |
| Interest Coverage Ratio: 2.86 > 6 (EBIT TTM 45.7m / Interest Expense TTM 16.0m) |
| A: -0.80 (Total Current Assets 273.2m - Total Current Liabilities 2.29b) / Total Assets 2.52b |
| B: 0.07 (Retained Earnings 178.3m / Total Assets 2.52b) |
| C: 0.02 (EBIT TTM 45.7m / Avg Total Assets 2.42b) |
| D: 0.11 (Book Value of Equity 244.7m / Total Liabilities 2.27b) |
| Altman-Z'' = -4.79 = D |
| DSRI: 0.75 (Receivables 44.7m/60.3m, Revenue 203.1m/206.6m) |
| GMI: 0.91 (GM 84.64% / 93.18%) |
| AQI: 2.80 (AQ_t 0.88 / AQ_t-1 0.31) |
| SGI: 0.98 (Revenue 203.1m / 206.6m) |
| TATA: -0.00 (NI 36.7m - CFO 48.6m) / TA 2.52b) |
| Beneish M = -2.25 (Cap -4..+1) = BBB |
As of August 28, 2026, the stock is trading at USD 56.83 with a total of 110,461 shares traded. Over the past week, the price has changed by -0.11%, over one month by +3.72%, over three months by +23.72% and over the past year by +36.11%.
Current recommended Stop Loss: 54.60 (which is 3.9% or 1.3 ATR below the current price).
Cass Information Systems has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy CASS.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 59.5 | 4.7% |
P/E Trailing = 20.361
P/E Forward = 18.622
P/S = 3.3516
P/B = 2.9542
Revenue TTM = 203.1m USD
EBIT TTM = 45.7m USD
EBITDA TTM = 52.8m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 80.8m USD (from shortTermDebt, last quarter)
Debt = 80.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -148.5m USD (calculated: Debt 80.0m - CCE 228.5m)
Enterprise Value = 573.8m USD (722.3m + Debt 80.0m - CCE 228.5m)
Interest Coverage Ratio = 2.86 (Ebit TTM 45.7m / Interest Expense TTM 16.0m)
EV/FCF = 13.71x (Enterprise Value 573.8m / FCF TTM 41.8m)
FCF Yield = 7.29% (FCF TTM 41.8m / Enterprise Value 573.8m)
FCF Margin = 20.60% (FCF TTM 41.8m / Revenue TTM 203.1m)
Net Margin = 18.08% (Net Income TTM 36.7m / Revenue TTM 203.1m)
Gross Margin = 93.18% ((Revenue TTM 203.1m - Cost of Revenue TTM 13.9m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.23 (Enterprise Value 573.8m / Total Assets 2.52b)
Interest Expense / Debt = 19.99% (Interest Expense 16.0m / Debt 80.0m)
Taxrate = 19.59% (8.95m / 45.7m)
NOPAT = 36.7m (EBIT 45.7m * (1 - 19.59%))
Current Ratio = 0.08 (Total Current Assets 273.2m / Total Current Liabilities 3.32b)
Debt / Equity = 0.33 (Debt 80.0m / totalStockholderEquity, last quarter 244.7m)
Debt / EBITDA = -2.81 (Net Debt -148.5m / EBITDA 52.8m)
Debt / FCF = -3.55 (Net Debt -148.5m / FCF TTM 41.8m)
Total Stockholder Equity = 243.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.52% (Net Income 36.7m / Total Assets 2.52b)
RoE = 15.09% (Net Income TTM 36.7m / Total Stockholder Equity 243.2m)
RoCE = 18.77% (EBIT 45.7m / Capital Employed (Equity 243.2m + L.T.Debt 0.0))
RoIC = 1.47% (NOPAT 36.7m / Invested Capital 2.51b)
WACC = 8.17% (E(722.3m)/V(802.3m) * Re(7.30%) + D(80.0m)/V(802.3m) * Rd(19.99%) * (1-Tc(0.20)))
Discount Rate = 7.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.02 | Cagr: -2.34%
[DCF] Terminal Value 77.97% ; FCFF base≈34.8m ; Y1≈39.9m ; Y5≈58.8m
[DCF] Fair Price = 80.67 (EV 884.5m - Net Debt -148.5m = Equity 1.03b / Shares 12.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 13.10 | EPS CAGR: 3.16% | SUE: -0.06 | # QB: 0
Revenue Correlation: -84.77 | Revenue CAGR: -1.58% | SUE: -0.07 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.80 | Chg30d=+0.63% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.98 | Chg30d=-0.50% | Revisions=+0% | GrowthEPS=+29.2% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=3.62 | Chg30d=+5.07% | Revisions=+25% | GrowthEPS=+21.4% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +12% (up=3, down=2)