Cass Information Systems (CASS)

Company Profile

Cass Information Systems, Inc. is a leading provider of integrated information and payment management solutions. Cass enables enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities and other operations.

Company profile

Ticker

CASS

Exchange

NASDAQ

Website

www.cassinfo.com

CEO

Eric Brunngraber

Incorporated

Missouri

Location

Missouri

Fiscal year end

Dec 31

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...

Former names

CASS COMMERCIAL CORP

SEC CIK

0000708781

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Cass Commercial Bank • Cass International LLC ...

IRS number

431265338

CASS stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

DEFA14A

Additional proxy soliciting materials

8 Mar 23

28 Feb 23

Cass Information Systems, Inc. Elects Martin Resch as President and Chief Executive Officer; Eric Brunngraber named Executive Chairman

Cass Information Systems announces record annual and quarterly earnings

Correspondence with SEC

Latest ownership filings

View all

Matthew Steven Schuckman

30 Jan 23

Martin H. Resch

30 Jan 23

Michael James Normile

Financial summary

Financial statements Chart CASS financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	200.94 mm	200.94 mm	200.94 mm	200.94 mm	200.94 mm	200.94 mm
Cash burn (monthly)	48.68 mm	26.17 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	138.47 mm	74.42 mm	n/a	n/a	n/a	n/a
Cash remaining	62.47 mm	126.52 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	1.3	4.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

CASS institutional ownership history Ownership history

8.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	124	116	+6.9%
Opened positions	18	7	+157.1%
Closed positions	10	18	-44.4%
Increased positions	49	51	-3.9%
Reduced positions	43	36	+19.4%

13F shares	Current	Prev Q	Change
Total value	296.69 bn	252.07 mm	+117604.6%
Total shares	7.79 mm	7.27 mm	+7.2%
Total puts	400.00	0.00	NEW
Total calls	5.80 k	0.00	NEW
Total put/call ratio	0.1	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	1.05 mm	$48.07 bn	-0.1%
Vanguard	886.44 k	$40.62 bn	+2.7%
Buckingham Asset Management	834.25 k	$38.23 bn	+0.1%
Dimensional Fund Advisors	553.85 k	$25.38 mm	+0.5%
STT State Street	402.73 k	$18.45 bn	NEW
Heartland Advisors	333.95 k	$15.30 bn	+12.0%
Fenimore Asset Management	320.85 k	$14.70 mm	-0.5%
Geode Capital Management	266.10 k	$12.24 bn	+2.0%
Tributary Capital Management	259.74 k	$11.90 mm	-3.6%
AMP Ameriprise Financial	225.58 k	$10.34 bn	-5.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	402.73 k	+402.73 k	NEW
Boston Partners	78.81 k	+78.81 k	NEW
Allspring Global Investments	66.20 k	+66.20 k	NEW
Hotchkis & Wiley Capital Management	159.72 k	-60.34 k	-27.4%
American Century Companies	98.76 k	+54.01 k	+120.7%
GS Goldman Sachs	88.40 k	-35.86 k	-28.9%
Heartland Advisors	333.95 k	+35.68 k	+12.0%
Raymond James Financial Services Advisors	0.00	-35.41 k	EXIT
Jacobs Levy Equity Management	0.00	-33.58 k	EXIT
Crawford Investment Counsel	82.68 k	-27.33 k	-24.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CASS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Jan 23	Dwight D Erdbruegger	Common Stock	Payment of exercise	Dispose F	No	No	48.22	642	30.96 k	12,023
30 Jan 23	Dwight D Erdbruegger	Common Stock	Grant	Acquire A	No	No	0	1,941	0.00	12,665
30 Jan 23	Dwight D Erdbruegger	Common Stock	Payment of exercise	Dispose F	No	No	48.22	523	25.22 k	10,724
30 Jan 23	James M Cavellier Jr	Common Stock	Payment of exercise	Dispose F	No	No	48.22	813	39.20 k	11,149
30 Jan 23	James M Cavellier Jr	Common Stock	Grant	Acquire A	No	No	0	1,868	0.00	11,962
30 Jan 23	James M Cavellier Jr	Common Stock	Payment of exercise	Dispose F	No	No	48.22	646	31.15 k	10,094
30 Jan 23	Eric H Brunngraber	Common Stock	Payment of exercise	Dispose F	No	No	48.22	3,878	187.00 k	146,764
30 Jan 23	Eric H Brunngraber	Common Stock	Grant	Acquire A	No	No	0	8,667	0.00	150,642
30 Jan 23	Eric H Brunngraber	Common Stock	Payment of exercise	Dispose F	No	No	48.22	3,080	148.52 k	141,975
26 Jan 23	Dwight D Erdbruegger	Common Stock	Grant	Acquire A	No	No	0	1,881	0.00	11,247

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Cass Information Systems, Inc. Elects Martin Resch As President And Chief Executive Officer; Eric Brunngraber Named Executive Chairman

17 Feb 23

Cass Information Systems, Inc. (NASDAQ:CASS), the leading provider of transportation, energy, telecom, and waste invoice payment and information services, announced that Martin Resch, President and Chief

Cass Information Sys Q4 EPS $0.67 Up From $0.55 YoY

19 Jan 23

Cass Information Sys (NASDAQ:CASS) reported quarterly earnings of $0.67 per share. This is a 21.82 percent increase over earnings of $0.55 per share from the same period last year.

Press releases

From Benzinga Pro

Cass Information Systems, Inc. Elects Martin Resch as President and Chief Executive Officer; Eric Brunngraber named Executive Chairman

17 Feb 23

Cass Information Systems Announces Record Annual and Quarterly Earnings

19 Jan 23

Fourth Quarter Results (All comparisons refer to the fourth quarter of 2021, except as noted) Earned record quarterly net income and diluted earnings per share. Increase in diluted earnings per share of 21.8%, to

Cass Information Systems, Inc. Names Tony Urban as Executive Vice President and Transportation Information Services Business President.

30 Dec 22

Cass Information Systems, Inc. (NASDAQ:CASS), the leading provider of transportation, energy, telecom, and waste invoice payment and information services, has promoted Tony Urban as its new executive vice president and