Cass Information Systems

Financial Services expense management fintech payments

Cass Information Systems is a leading provider of integrated information and payment management solutions, disbursing $38 billion annually on behalf of clients throughout North America and Europe. Cass provides customized solutions for freight payment, telecom expense management, and utility/facilities-related expense management, and is also a behind-the-scenes provider for other companies’ branded B2B payment processing and commerce solutions.
The support of Cass Commercial Bank, founded in 1906, makes Cass Information Systems unique in the industry. Cass (Nasdaq: CASS) is part of the Russell 2000® Index.

Revenue(Q1, 2017)

$32.3 M

Market capitalization(2017-09-21)

$682.5 M

Total Loans Issued(Q2, 2017)

$671.7 M

Company Growth (employees)

Type

Public

St. Louis, US

Founded

1906

Size (employees)

790 (est)

Website

cassinfo.com

Cass Information Systems was founded in 1906 and is headquartered in St. Louis, US

Cass Information Systems Office Locations

Cass Information Systems has offices in St. Louis, Bridgeton, Columbus, Greenville and in 2 other locations

St. Louis, US (HQ)

550 12444 Powerscourt Dr

Breda, NL

13 Princenhagelaan

Jacksonville, US

2350 10401 Deerwood Park Blvd

Greenville, US

400 80 International Dr

Columbus, US

2675 Corporate Exchange Dr

Bridgeton, US

13001 Hollenberg Dr

Cass Information Systems Data and Metrics

Cass Information Systems Financial Metrics

Cass Information Systems's revenue was reported to be $32.3 m in Q1, 2017

Summary

USD

Cass Information Systems's current market capitalization is $682.5 m.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Revenue	117.2 m	120.8 m	125.5 m
Revenue growth, %		3%	4%
Cost of goods sold		2.1 m	2 m
Gross profit		118.7 m	123.5 m

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	30.1 m	30.6 m	30.8 m	31 m	31.6 m	32.3 m
Sales and marketing expense	17.5 m	17.8 m	17.8 m	18.1 m		18.8 m
Operating expense total	17.5 m	17.8 m	17.8 m	18.1 m		18.8 m
EBIT	9.3 m	9.1 m	10.3 m	9.5 m	9.5 m	9.5 m

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Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	225.3 m	294.3 m	253.2 m	266.7 m
Inventories	501.2 m		5.4 m	8.5 m
PP&E	13.2 m	16.9 m	19.6 m	21.1 m
Goodwill	11.6 m	11.6 m	11.6 m	11.6 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	181.7 m	238.7 m	208.5 m	158.6 m	226.1 m	145.3 m	274.1 m	303.1 m	143.6 m
Inventories	665.7 m	677.6 m	683.5 m	675.2 m	670.8 m	684.6 m	698.1 m	684.9 m	675.4 m
PP&E	14.8 m	16 m	17.8 m	18.8 m	19 m	19.9 m	20.7 m	20.8 m	21.1 m
Goodwill	11.6 m	11.6 m	11.6 m	11.6 m	11.6 m	11.6 m	11.6 m	11.6 m	11.6 m

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Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	23.5 m	24 m	23.1 m	24.3 m
Depreciation and Amortization	7.3 m	8.2 m	8.9 m	9.4 m
Accounts Receivable			74 k	(3.4 m)
Inventories			(703 k)	(1.7 m)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	11.8 m	18.2 m	5.5 m	11.1 m	17 m	5.8 m	11.7 m	17.9 m	6.3 m
Depreciation and Amortization	4.1 m	6 m	2.1 m	4.2 m	6.5 m	2.3 m	4.6 m	7 m	2.7 m
Cash From Operating Activities	18.6 m	28.4 m	9.9 m	17 m	25.8 m	7.2 m	17.8 m	25.6 m	5.6 m
Cash From Investing Activities	(68 m)	(111.4 m)	12.6 m	(7.3 m)	(5.7 m)	(27 m)	(40.3 m)	(41.3 m)	(62.8 m)

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Ratios

USD	Y, 2017
Revenue/Employee	40.9 k
Financial Leverage	6.8 x

Show all financial metrics

Cass Information Systems Operating Metrics

Cass Information Systems's Total Loans Issued was reported to be $671.7 m in Q2, 2017

	FY, 2014	Q1, 2015	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2016	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2017	Q2, 2017
Total Loans Issued	$669.35 m	$683.54 m	$375.17 m	$670.84 m	$659.87 m	$684.62 m	$698.13 m	$684.87 m	$664.87 m	$675.38 m	$671.68 m
Non-performing Loans	$488 k				$3.14 m				$245 k