Date | Price Target | Rating | Analyst |
---|---|---|---|
2/12/2024 | $45.00 → $51.00 | Neutral → Overweight | Piper Sandler |
12/6/2022 | Neutral | Piper Sandler |
Piper Sandler upgraded Cass Information Systems from Neutral to Overweight and set a new price target of $51.00 from $45.00 previously
Piper Sandler initiated coverage of Cass Information Systems with a rating of Neutral
Piper Sandler analyst Frank Schiraldi reiterates Cass Information Sys (NASDAQ:CASS) with a Overweight and lowers the price target from $47 to $44.
Cass Information Sys (NASDAQ:CASS) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.53 by 39.62 percent. This is a 38.46 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $48.59 million which missed the analyst consensus estimate of $49.99 million by 2.80 percent. This is a 0.79 percent increase over sales of $48.21 million the same period last year.
4 - CASS INFORMATION SYSTEMS INC (0000708781) (Issuer)
10-Q - CASS INFORMATION SYSTEMS INC (0000708781) (Filer)
8-K - CASS INFORMATION SYSTEMS INC (0000708781) (Filer)
11-K - CASS INFORMATION SYSTEMS INC (0000708781) (Filer)
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%. Processing fee growth of 8.9%. Maintained exceptional credit quality, with no non-performing loans or charge-offs. Cass Information Systems, Inc. (NASDAQ:CASS), (the Company or Cass) reported second quarter 2024 earnings of $0.32 per diluted share, as compared to $0.52 in the second quarter of 2023 and $0.52 in the first quarter of 2024. Net income for the period was $4.5 million, as compar
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. Cass, a premier provider of freight audit and payment solutions, is proud to announce its position as a critical channel partner for the SONAR Supply Chain Intelligence (SCI) tool, enabling Cass customers to easily access industry rate information and compare their own data for effective benchmarking purposes. Cass is an exclusive partner for SONAR SCI in the freight audit and payment space. The partnership will also allow Cass customers to directly access their data within th
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 banking industry, consistently delivering exceptional service to its clients. Reflecting on this anniversary, President Dwight Erdbruegger remarked, "As we commemorate our 118th anniversary, we honor the legacy of strength and stability that has defined Cass Commercial Bank throughout the years. This anniversary is a testament to the dedication of our team, the loyalty of our customers, and the enduring values that have guided us since ou
4 - CASS INFORMATION SYSTEMS INC (0000708781) (Issuer)
4 - CASS INFORMATION SYSTEMS INC (0000708781) (Issuer)
4 - CASS INFORMATION SYSTEMS INC (0000708781) (Issuer)
SC 13G/A - CASS INFORMATION SYSTEMS INC (0000708781) (Subject)
SC 13G/A - CASS INFORMATION SYSTEMS INC (0000708781) (Subject)
SC 13G/A - CASS INFORMATION SYSTEMS INC (0000708781) (Subject)
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%. Processing fee growth of 8.9%. Maintained exceptional credit quality, with no non-performing loans or charge-offs. Cass Information Systems, Inc. (NASDAQ:CASS), (the Company or Cass) reported second quarter 2024 earnings of $0.32 per diluted share, as compared to $0.52 in the second quarter of 2023 and $0.52 in the first quarter of 2024. Net income for the period was $4.5 million, as compar
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%. Processing fee growth of 8.9%. Limited operating expense growth to 0.7% despite facility expense transaction volume increase. Maintained exceptional credit quality, with no non-performing loans or charge-offs. Cass Information Systems, Inc. (NASDAQ:CASS), (the Company or Cass) reported first quarter 2024 earnings of $0.52 per diluted share, as compared to $0.51 in the first quarter of 2023
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 9.7% Maintained exceptional credit quality, with no non-performing loans or charge-offs. Cass Information Systems, Inc. (NASDAQ:CASS), (the Company or Cass) reported fourth quarter 2023 earnings of $0.61 per diluted share, as compared to $0.67 in the fourth quarter of 2022 and $0.54 in the third quarter of 2023. Net income for the period was $8.4 million, a decrease of 9.4%