Cass Information Systems
OverviewSuggest Edit
Cass Information Systems is a company providing integrated information and payment management solutions. It offers customized solutions for freight payment, telecom expense management, and utility/facilities-related expense management. The company also delivers integrated payment solutions for fintech and other network payment providers.
| Type | Public | |
| Founded | 1906 | |
| HQ | St. Louis, MO, US | Map |
| Website | cassinfo.com | |
| Employee Ratings | More | |
| Overall Culture | B | More |
Key People/Management at Cass Information Systems
Eric Brunngraber
Chairman - President and Chief Executive Officer
Mark A. Campbell
President - Transportation Information Services
James M. Cavellier
Executive Vice President, Chief Information Officer
Gary B. Langfitt
President - Expense Management Services
Dwight D. Erdbruegger
President - Cass Commercial Bank
P. Stephen Appelbaum
Executive Vice President, Chief Financial Officer and Secretary
Cass Information Systems Office Locations
Cass Information Systems has offices in St. Louis, Bridgeton, Columbus, Greenville and in 4 other locations
St. Louis, MO, US (HQ)
12444 Powerscourt Dr #550
Bridgeton, MO, US
13001 Hollenberg Dr
Columbus, OH, US
2675 Corporate Exchange Dr
Greenville, SC, US
7 Independence Point #200
Jacksonville, FL, US
10401 Deerwood Park Blvd #2350
Breda, NL
Graaf Engelbertlaan 75
Cass Information Systems Financials and Metrics
Cass Information Systems Revenue
Cass Information Systems's revenue was reported to be $144.96 m in FY, 2020
| USD | |
|---|---|
Revenue (Q2, 2021) | 38.4m |
Net income (Q2, 2021) | 7.0m |
Market capitalization (23-Sept-2021) | 603.9m |
Closing stock price (23-Sept-2021) | 42.7 |
Cash (30-Jun-2021) | 621.6m |
Cass Information Systems's current market capitalization is $603.9 m.
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 36.7m | 37.2m | 38.7m | 39.9m | 40.7m | 41.9m | 39.4m | 34.8m | 35.7m | 37.1m | 38.4m |
Cost of goods sold | 679.0k | 794.0k | 1.0m | 1.3m | 1.3m | 1.4m | 965.0k | 481.0k | |||
Gross profit | 36.0m | 36.4m | 37.6m | 38.6m | 39.4m | 40.5m | 38.5m | 34.3m | |||
Gross profit Margin, % | 98% | 98% | 97% | 97% | 97% | 97% | 98% | 99% |
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 199.6m | 126.2m | 180.0m | 184.4m | 183.5m | 222.7m | 163.2m | 232.1m | 439.5m | 599.7m | 621.6m |
Accounts Receivable | 691.8m | 704.6m | 716.0m | 740.8m | 780.0m | 756.9m | 843.9m | 952.4m | 933.3m | 876.9m | 859.8m |
PP&E | 22.0m | 22.5m | 22.6m | 21.6m | 21.2m | 20.8m | 19.8m | 19.7m | 18.9m | 17.8m | 17.7m |
Goodwill | 12.6m | 12.6m | 12.6m | 12.6m | 12.6m | 15.9m | 14.3m | 14.3m | 14.3m | 14.3m | 14.3m |
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 8.1m | 15.6m | 23.2m | 8.2m | 15.8m | 24.0m | 7.5m | 13.0m | 18.8m | 7.1m | 14.1m |
Depreciation and Amortization | 3.0m | 5.8m | 8.5m | 2.7m | 5.4m | 8.1m | 2.8m | 5.6m | 8.4m | 3.0m | 6.2m |
Accounts Payable | 27.8m | (36.5m) | 27.8m | 39.9m | 96.0m | 57.8m | 51.6m | 61.0m | |||
Cash From Operating Activities | 18.2m | 25.1m | 38.8m | 16.4m | 26.4m | 39.8m | 18.2m | 32.7m | 40.1m | 16.7m | 21.8m |
- Source: SEC Filings
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 174.0k |
Financial Leverage | 7.1 x |
Cass Information Systems Operating Metrics
Cass Information Systems's Total Loans was reported to be $963.7m in Q2, 2020. Cass Information Systems's Total Deposits was reported to be $826m in Q2, 2020.
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Total Deposits | $678.09 m | $639.24 m | $625.74 m | $634.72 m | $721.93 m | $655.43 m | $636.63 m | $711.23 m | $757.14 m | $726.61 m | $825.96 m |
Total Loans | $686.23 m | $702 m | $714.86 m | $726.24 m | $721.59 m | $751.31 m | $790.55 m | $767.38 m | $772.64 m | $854.78 m | $963.73 m |
Cass Information Systems Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Effective Telecoms Limited | March 06, 2017 | |
| Waste Reduction Consultants | January 06, 2012 | |
| TelAdvisor Group | May 25, 2010 | |
| ProfitLab | July 15, 2004 | |
| Cass Commercial Bank | ||
| Cass International LLC |
Cass Information Systems Revenue Breakdown
Cass Information Systems revenue breakdown by business segment: 16.2% from Banking Services and 83.8% from Information Services
Cass Information Systems Cybersecurity Score
Cass Information Systems Online and Social Media Presence
283 Twitter followers
Cass Information Systems has 283 Twitter Followers. The number of followers has increased 1.1% month over month and increased 4.1% quarter over quarter
Cass Information Systems's Trends
Cass Information Systems Company Culture
Overall Culture
B
73/100
CEO Rating
A+
80/100
Compensation
A+
89/100
Cass Information Systems News and Updates
October 22, 2020
Cass Information Systems, Inc. Reports Third Quarter Earnings
Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom and waste invoice payment and information services, reported third quarter 2020 earnings of $.40 per diluted share, a decrease of 29% from the $.56 per diluted share it earned in the third quarter …
October 13, 2020
Cass Information Systems (NASDAQ:CASS) Upgraded by TheStreet to B-
Cass Information Systems (NASDAQ:CASS) was upgraded by equities researchers at TheStreet from a "c+" rating to a "b-" rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports. Separately, BidaskClub raised Cass Information Systems from a "hold" rating to a "buy" rating…
September 22, 2020
Cass sees freight trends accelerate sequentially in August
Cass Information Systems’ (NASDAQ: CASS) August report showed further sequential gains in the freight markets with shipments increasing 8% and expenditures climbing 9.9% from July.
September 02, 2020
Cass Information Systems goes ex-dividend tomorrow
Cass Information Systems (NASDAQ:CASS) had declared $0.27/share quarterly dividend, in line with previous.
Payable Sept. 15; for shareholders of record Sept. 4; ex-div Sept. 3.
December 03, 2019
Cass Information Systems and the University of Tennessee’s Global Supply Chain Institute Announce Partnership
KNOXVILLE, Tenn. and ST. LOUIS, Mo., Dec. 03, 2019 (GLOBE NEWSWIRE) -- The Global Supply Chain Institute at the University of Tennessee, Knoxville’s Haslam College of Business is partnering with freight audit & payment provider Cass Information Systems, Inc. (Nasdaq: CASS) to support two of Ca…
Cass Information Systems Blogs
September 28, 2021
New Download: The Amalgam Insights Wireless Expense Management Report
Demand for enterprise mobility is increasing rapidly, especially across wireless services. Amalgam Insights estimates that enterprise mobility spend will increase by 12% in 2021 to match these changes. However, businesses face the challenge of managing growing costs. As environments beco…
September 23, 2021
Marginal Gains: The Secret Telecom Cost Saving Strategy | Cass
A $10 saving on a line rental contract might not seem like much, but when your annual telecoms bills are in the tens of millions, tiny changes add up to huge savings.
September 16, 2021
How to Prepare Your Telecoms Budget for 2022 | TEM Procurement | Cass
As organizations turn to their 2022 budgets, we've seen many enterprises consult their telecom expense management (TEM) provider for insight and data points to inform telecoms budgeting. Here are 3 things we advise CFOs to do to prepare for the year ahead.
August 19, 2021
Is There a Business Case for 5G in 2021?
After nearly a decade in the making, 5G is now a reality. With lightning-fast speeds, greater stability, and reduced data costs, 5G offers many impactful benefits for enterprises. So, is now the time to invest in 5G? Or should you wait for further development? This blog will explore the …
July 23, 2021
Cass Reports 30% Increase in Diluted EPS in Q2 2021
ST. LOUIS – Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of transportation, energy, telecom and waste invoice payment and information services, reported second quarter 2021 earnings of $.48 per diluted share, an increase of 30% from the $.37 per diluted share it earned in the …
July 07, 2021
Teresa Meares joins Cass as Vice President and General Manager, Waste Expense Management
ST. LOUIS – Cass Information Systems, Inc. (Nasdaq: CASS), a leading global provider of transportation, energy, telecom and waste invoice payment and information services, has added Teresa D. Meares as vice president and general manager of its waste and sustainability management business based in Ja…
Cass Information Systems Frequently Asked Questions
When was Cass Information Systems founded?
Cass Information Systems was founded in 1906.
Who are Cass Information Systems key executives?
Cass Information Systems's key executives are Eric Brunngraber, Mark A. Campbell and James M. Cavellier.
How many employees does Cass Information Systems have?
Cass Information Systems has 875 employees.
What is Cass Information Systems revenue?
Latest Cass Information Systems annual revenue is $145 m.
What is Cass Information Systems revenue per employee?
Latest Cass Information Systems revenue per employee is $165.7 k.
Who are Cass Information Systems competitors?
Competitors of Cass Information Systems include Netcetera, Sage Intacct and Avotus.
Where is Cass Information Systems headquarters?
Cass Information Systems headquarters is located at 12444 Powerscourt Dr #550, St. Louis.
Where are Cass Information Systems offices?
Cass Information Systems has offices in St. Louis, Bridgeton, Columbus, Greenville and in 4 other locations.
How many offices does Cass Information Systems have?
Cass Information Systems has 9 offices.
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