Press Releases

Year

Nov 14, 2024

Cass Information Systems Forms Strategic Partnership with Brazilian Firm Lupeon to Drive Global Growth

Partnership demonstrates continued commitment to deliver best practices and global visibility to multinational clients ST. LOUIS --(BUSINESS WIRE)--Nov. 14, 2024-- Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), the leading global provider of freight audit and payment solutions, has

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Oct 17, 2024

Cass Information Systems Reports Third Quarter 2024 Results

Third Quarter Results (All comparisons refer to the third quarter of 2023, except as noted) Net income of $2.9 million , or $0.21 per diluted common share (includes $6.6 million of bad debt expense on a funding receivable related to a facility client). Increase in net interest margin to 3.55%.

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Oct 02, 2024

Cass Information Systems Receives GSA Multiple Award Schedule Contract for Freight Audit and Payment

The world’s leading commercial solution is now approved for use by U.S. Government agencies ST. LOUIS --(BUSINESS WIRE)--Oct. 2, 2024-- Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), a leading provider of global payment solutions, has received a Multiple Award Schedule contract with the

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Jul 18, 2024

Cass Information Systems reports Second Quarter 2024 Results

Second Quarter Results (All comparisons refer to the second quarter of 2023, except as noted) Net income of $4.5 million , or $0.32 per diluted common share. Return on average equity and assets of 8.01% and 0.78%, respectively. Increase in facility expense transaction volumes of 25.1%.

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Jun 04, 2024

Cass Information Systems, Inc. and FreightWaves SONAR Announce Partnership for Supply Chain Intelligence

ST. LOUIS --(BUSINESS WIRE)--Jun. 4, 2024-- Cass Information Systems, Inc. (Nasdaq: CASS) and FreightWaves SONAR, the leader in supply chain intelligence, are excited to announce a strategic partnership designed to benefit the freight and logistics industry.

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May 23, 2024

A Legacy of Strength and Stability: Cass Commercial Bank Marks 118th Anniversary

ST. LOUIS --(BUSINESS WIRE)--May 23, 2024-- Cass Commercial Bank proudly celebrates its 118th anniversary, marking over a century of unwavering commitment to financial excellence and community service. Established in 1906, Cass Commercial Bank has remained a pillar of strength and stability in the

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May 08, 2024

Cass Information Systems Launches Working Capital Solution for Shippers and Carriers

ST. LOUIS --(BUSINESS WIRE)--May 8, 2024-- Cass Information Systems, Inc. (Nasdaq: CASS), the leading provider of global freight payment solutions, announces the availability of Amplify by Cass™, an addition to the Cass Financial Suite ® that helps enterprises and their freight carriers improve

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Apr 18, 2024

Cass Information Systems Reports First Quarter 2024 Results

First Quarter Results (All comparisons refer to the first quarter of 2023, except as noted) Net income of $7.2 million , or $0.52 per diluted common share. Return on average equity and assets of 12.66% and 1.20%, respectively. Increase in facility expense transaction volumes of 23.0%.

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Mar 28, 2024

Upgrade Your Equipment, Elevate Your Business: Cass Commercial Bank Launches New Equipment Finance Division

ST. LOUIS--( BUSINESS WIRE )--Cass Commercial Bank, a solid financial institution with a legacy of 117 years, is excited to announce the launch of its recent Equipment Finance Division. Designed to unlock the potential of capital assets across industries, this new division offers tailored equipment

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Jan 25, 2024

Cass Information Systems Reports Fourth Quarter 2023 Results

Fourth Quarter Results (All comparisons refer to the fourth quarter of 2022, except as noted) Net income of $8.4 million , or $0.61 per diluted common share. Return on average equity of 16.06%. Increase in net interest margin to 3.30% from 3.15%. Increase in facility expense transaction volumes of

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