Cass Information Systems (CASS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Cass Information Systems

NasdaqGS•Industrials•Specialty Business Services

$55.18+0.10(<0.01%)Pre-market

Market Cap

$706.55M

P/E

19.2x

P/S

3.6x

P/B

2.9x

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates in two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The company also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions, as well as church management software and online platform to provide generosity services for faith-based and non-profit organizations. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as demand, savings, time, and money market deposits; commercial, industrial, commercial real estate, and construction and land development loans; and cash management services to privately held businesses, restaurant franchises, and faith-based ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and a leased facility in Colorado Springs, Colorado. Cass Information Systems, Inc. was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. The company was founded in 1906 and is headquartered in Saint Louis, Missouri.

How this company scores

GoodMetricSide Score: 76/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (12/25).

Profitability25/25

Growth16/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 19.2x5y range 14.3x – 28.5x

Currently near its 20-quarter median.

P/S · 3.6x5y range 2.6x – 3.9x

Currently near its 20-quarter median.

P/B · 2.9x5y range 2.1x – 3.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Revenue Decline

Watch

Revenue has softened, declining in 5 quarters. Watch for further erosion.

Price & Volume

Market Cap $706.55M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $198.99M
Q. Revenue: $49.94M
TTM EBITDA: $52.90M
TTM Op. Income: $45.66M
Q. Op. Income: $13.17M
TTM Net Income: $36.71M
Q. Net Income: $10.59M
EPS: $0.83
Shares Out.: $12.80M

$198.99M in TTM revenue grew 3.8% YoY, reaching $49.94M last quarter. TTM EBITDA of $52.90M and TTM operating income of $45.66M show growth is flowing through to the bottom line. TTM net income of $36.71M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 27.0%
Op. Margin: 26.4%
Net Margin: 21.2%

Op. margin of 26.4% is up 12.2% YoY — cost efficiency is improving. Net margin at 21.2% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 19.2x
P/S Ratio: 3.6x
P/B Ratio: 2.9x

At 19.2x P/E, the stock trades within typical market levels. P/S of 3.6x and P/B of 2.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.52B
Cash: $228.47M
Long-Term Debt: N/A
Book Value: $244.66M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $16.93M
TTM Free Cash Flow: $41.91M
FCF Margin: 21.1%
FCF / Net Income: 1.1

TTM FCF of $41.91M on $16.93M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 29% — an improving trend.