CASS Stock Analysis: Cass Information Systems | NASDAQ
Specialty Business Services | NASDAQ, USA | Market Cap: 673m USD | 12M Return: 22.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.44M
EPS Trend: -24.6%
Qual. Beats: 0
Rev. Trend: -53.7%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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: 35.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.80 > 1.0 |
| NWC/Revenue: -885.7% < 20% (prev 94.91%; Δ -980.6% < -1%) |
| CFO/TA 0.01 > 3% & CFO 30.4m > Net Income 35.0m |
| Net Debt (-99.3m) to EBITDA (48.5m): -2.05 < 3 |
| Current Ratio: 0.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (13.2m) vs 12m ago -3.38% < -2% |
| Gross Margin: 93.11% > 18% (prev 84.77%; Δ 8.35% > 0.5%) |
| Asset Turnover: 8.29% > 50% (prev 8.96%; Δ -0.67% > 0%) |
| Interest Coverage Ratio: 2.65 > 6 (EBIT TTM 42.7m / Interest Expense TTM 16.1m) |
| A: -0.70 (Total Current Assets 509.9m - Total Current Liabilities 2.29b) / Total Assets 2.53b |
| B: 0.07 (Retained Earnings 171.8m / Total Assets 2.53b) |
| C: 0.02 (EBIT TTM 42.7m / Avg Total Assets 2.43b) |
| D: 0.11 (Book Value of Equity 241.8m / Total Liabilities 2.29b) |
| Altman-Z'' = -4.16 = D |
| DSRI: 0.13 (Receivables 4.95m/40.5m, Revenue 201.2m/207.7m) |
| GMI: 0.91 (GM 84.77% / 93.11%) |
| AQI: 2.57 (AQ_t 0.79 / AQ_t-1 0.31) |
| SGI: 0.97 (Revenue 201.2m / 207.7m) |
| TATA: 0.00 (NI 35.0m - CFO 30.4m) / TA 2.53b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of July 14, 2026, the stock is trading at USD 52.46 with a total of 73,579 shares traded. Over the past week, the price has changed by +0.40%, over one month by +9.34%, over three months by +13.81% and over the past year by +22.18%.
Current recommended Stop Loss: 50.70 (which is 3.4% 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 | 54 | 2.9% |
P/E Trailing = 22.3291
P/E Forward = 18.622
P/S = 3.2171
P/B = 2.7992
Revenue TTM = 201.2m USD
EBIT TTM = 42.7m USD
EBITDA TTM = 48.5m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 145.0m USD (from shortTermDebt, last quarter)
Debt = 145.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -99.3m USD (calculated: Debt 145.0m - CCE 244.3m)
Enterprise Value = 573.2m USD (672.5m + Debt 145.0m - CCE 244.3m)
Interest Coverage Ratio = 2.65 (Ebit TTM 42.7m / Interest Expense TTM 16.1m)
EV/FCF = 22.53x (Enterprise Value 573.2m / FCF TTM 25.4m)
FCF Yield = 4.44% (FCF TTM 25.4m / Enterprise Value 573.2m)
FCF Margin = 12.64% (FCF TTM 25.4m / Revenue TTM 201.2m)
Net Margin = 17.39% (Net Income TTM 35.0m / Revenue TTM 201.2m)
Gross Margin = 93.11% ((Revenue TTM 201.2m - Cost of Revenue TTM 13.9m) / Revenue TTM)
Gross Margin QoQ = none% (prev 92.96%)
Tobins Q-Ratio = 0.23 (Enterprise Value 573.2m / Total Assets 2.53b)
Interest Expense / Debt = 11.10% (Interest Expense 16.1m / Debt 145.0m)
Taxrate = 19.26% (7.46m / 38.8m)
NOPAT = 34.4m (EBIT 42.7m * (1 - 19.26%))
Current Ratio = 0.22 (Total Current Assets 509.9m / Total Current Liabilities 2.29b)
Debt / Equity = 0.60 (Debt 145.0m / totalStockholderEquity, last quarter 241.8m)
Debt / EBITDA = -2.05 (Net Debt -99.3m / EBITDA 48.5m)
Debt / FCF = -3.91 (Net Debt -99.3m / FCF TTM 25.4m)
Total Stockholder Equity = 242.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.44% (Net Income 35.0m / Total Assets 2.53b)
RoE = 14.44% (Net Income TTM 35.0m / Total Stockholder Equity 242.3m)
RoCE = 17.61% (EBIT 42.7m / Capital Employed (Equity 242.3m + L.T.Debt 0.0))
RoIC = 9.14% (NOPAT 34.4m / Invested Capital 376.7m)
WACC = 8.65% (E(672.5m)/V(817.5m) * Re(8.58%) + D(145.0m)/V(817.5m) * Rd(11.10%) * (1-Tc(0.19)))
Discount Rate = 8.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -1.87%
[DCF] Terminal Value 71.99% ; FCFF base≈32.0m ; Y1≈28.0m ; Y5≈22.7m
[DCF] Fair Price = 34.65 (EV 346.6m - Net Debt -99.3m = Equity 446.0m / Shares 12.9m; r=8.65% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -24.64 | EPS CAGR: -5.40% | SUE: 0.20 | # QB: 0
Revenue Correlation: -53.72 | Revenue CAGR: -0.97% | SUE: -0.07 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.72 | Chg30d=-2.70% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.80 | Chg30d=-0.63% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=3.00 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+29.9% | GrowthRev=+5.6%
EPS next Year (2027-12-31): EPS=3.45 | Chg30d=-2.82% | Revisions=+25% | GrowthEPS=+15.0% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: +57% (up=4, down=0)