Cass Information Systems, Inc.

NasdaqGS:CASS Stock Report

Market Cap: US$675.9m

Cass Information Systems Management

Management criteria checks 3/4

Cass Information Systems' CEO is Martin Resch, appointed in Jan 2022, has a tenure of 4.5 years. total yearly compensation is $2.05M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $2.67M. The average tenure of the management team and the board of directors is 4.5 years and 13.5 years respectively.

Key information

Martin Resch

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage33.40%
CEO tenure4.5yrs
CEO ownership0.4%
Management average tenure4.5yrs
Board average tenure13.5yrs

Recent management updates

Recent updates

Seeking Alpha • May 11

Cass Information Systems: Improved EPS, Same Core Volume Problem

Summary Cass Information Systems maintains EPS momentum post one-offs, driven by net interest income, expense control, and buybacks. CASS’s valuation has improved, trading at 15.8x forward GAAP P/E, but lacks a compelling organic growth story to warrant a Buy rating. Transaction volumes and processing fees remain pressured; most profit growth is banking-driven rather than from core payment processing. My rating remains Hold: EPS growth is solid, but risks from volume declines, NIM peaking, and competition temper bullishness. Read the full article on Seeking Alpha
Analysis Article • Oct 28

Cass Information Systems (NASDAQ:CASS) Will Pay A Larger Dividend Than Last Year At $0.32

Cass Information Systems, Inc. ( NASDAQ:CASS ) has announced that it will be increasing its dividend from last year's...
Seeking Alpha • Jan 29

Cass Information Systems: Profit Declines And Strategic Challenges Warrant A Hold

Summary Cass Information Systems faces significant profitability challenges, with a 45.4% decline in Q4 2024 net profit compared to Q4 2023. One-time losses, including bad debt and pension plan closure, and cybersecurity incidents have negatively impacted Cass's financial position. Macroeconomic factors, such as declining interest rates and deposit migration, pose additional risks to Cass's net interest income and overall profitability. Despite management's future plans, the current financial instability and competitive pressures suggest a HOLD position in the short to medium term. Read the full article on Seeking Alpha
Seeking Alpha • Nov 13

Cass Information Systems: Safe Dividend But Efficiency Needs Urgent Improvement

Summary Cass Information Systems operates in two segments: Information Services and Banking Services, with a diverse client base and international presence. Cass’s invoice processing and banking services give it a competitive advantage, but improving efficiency is still a top priority. Cass has a long-standing dividend history with low growth lately, supported by a strong balance sheet and no debt. Current valuation is high, with a Hold rating given due to limited growth potential and a preference for a lower entry point. Read the full article on Seeking Alpha
Analysis Article • Oct 29

Cass Information Systems (NASDAQ:CASS) Is Paying Out A Larger Dividend Than Last Year

Cass Information Systems, Inc. ( NASDAQ:CASS ) will increase its dividend from last year's comparable payment on the...
Analysis Article • Apr 20

What Cass Information Systems, Inc.'s (NASDAQ:CASS) P/E Is Not Telling You

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 16x, you may...
Seeking Alpha • Jan 22

Cass: Quarterly Headcount Growth, More Fees Charged, And Undervalued

Summary Cass Information Systems recently received recognition from FedEx, which may lead to new payment functionalities and attract new customers. The company's business model offers comprehensive information processing and payment services to large companies, with a focus on client diversification and specialized solutions. Recent investments in technology, headcount growth, and data management capabilities are expected to drive net sales growth, although volatility in interest rates and new technologies pose risks. Read the full article on Seeking Alpha
Analysis Article • Oct 22

Cass Information Systems' (NASDAQ:CASS) Dividend Will Be Increased To $0.30

Cass Information Systems, Inc. ( NASDAQ:CASS ) has announced that it will be increasing its dividend from last year's...
Analysis Article • Aug 28

Cass Information Systems (NASDAQ:CASS) Will Pay A Dividend Of $0.29

Cass Information Systems, Inc. ( NASDAQ:CASS ) will pay a dividend of $0.29 on the 15th of September. This makes the...
Analysis Article • Jul 30

Cass Information Systems (NASDAQ:CASS) Is Due To Pay A Dividend Of $0.29

The board of Cass Information Systems, Inc. ( NASDAQ:CASS ) has announced that it will pay a dividend of $0.29 per...
Analysis Article • Apr 19

Cass Information Systems (NASDAQ:CASS) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Feb 19

Cass Information Systems' (NASDAQ:CASS) Dividend Will Be $0.29

Cass Information Systems, Inc. ( NASDAQ:CASS ) has announced that it will pay a dividend of $0.29 per share on the 15th...
Analysis Article • Feb 03

Cass Information Systems (NASDAQ:CASS) Has Affirmed Its Dividend Of $0.29

The board of Cass Information Systems, Inc. ( NASDAQ:CASS ) has announced that it will pay a dividend on the 15th of...

CEO Compensation Analysis

How has Martin Resch's remuneration changed compared to Cass Information Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$31m

Dec 31 2025US$2mUS$684k

US$31m

Sep 30 2025n/an/a

US$27m

Jun 30 2025n/an/a

US$21m

Mar 31 2025n/an/a

US$20m

Dec 31 2024US$2mUS$669k

US$19m

Sep 30 2024n/an/a

US$23m

Jun 30 2024n/an/a

US$27m

Mar 31 2024n/an/a

US$30m

Dec 31 2023US$2mUS$602k

US$28m

Sep 30 2023n/an/a

US$31m

Jun 30 2023n/an/a

US$32m

Mar 31 2023n/an/a

US$34m

Dec 31 2022US$1mUS$475k

US$35m

Sep 30 2022n/an/a

US$33m

Jun 30 2022n/an/a

US$31m

Mar 31 2022n/an/a

US$30m

Dec 31 2021US$912kUS$400k

US$29m

Sep 30 2021n/an/a

US$27m

Jun 30 2021n/an/a

US$26m

Mar 31 2021n/an/a

US$25m

Dec 31 2020US$595kUS$58k

US$25m

Compensation vs Market: Martin's total compensation ($USD2.05M) is below average for companies of similar size in the US market ($USD3.54M).

Compensation vs Earnings: Martin's compensation has increased by more than 20% in the past year.

CEO

Martin Resch (60 yo)

4.5yrs
Tenure
US$2,046,984
Compensation

Mr. Martin H. Resch is CEO & Director of Cass Commercial Bank from 2024. Mr. Resch serves as Board of Advisor at Trading Players Inc. He serves as President at Cass Information Systems, Inc. since January...

Leadership Team

NamePositionTenureCompensationOwnership
Eric Brunngraber
Executive Chairman23.3yrsUS$1.39m1.25%
$ 8.5m
Martin Resch
President4.5yrsUS$2.05m0.40%
$ 2.7m
Michael Normile
Executive VP & CFO5.3yrsUS$844.64k0.15%
$ 986.4k
James Cavellier
Executive VP & Chief Information Officer8.4yrsUS$736.14k0.16%
$ 1.1m
Matthew Schuckman
Executive VP5.9yrsUS$658.55k0.10%
$ 680.4k
Dwight Erdbruegger
Executive VP of Strategy & Business Operationsless than a yearUS$788.17k0.16%
$ 1.1m
Carl Friedholm
Senior Vice President of Strategy & Business Operationsno datano datano data
Christi Reiter
Senior Vice President & Chief HR Officer4.5yrsno datano data
Todd Wills
Senior VP & President of Facilities4.3yrsno datano data
Anthony Urban
Executive Vice President of Transportation Information Services3.6yrsno datano data
Teresa Meares
Senior VP & Facilities Chief Revenue Officerno datano datano data
Ross Miller
Senior VP & President of TouchPoint3.5yrsno datano data
4.5yrs
Average Tenure
63.5yo
Average Age

Experienced Management: CASS's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Eric Brunngraber
Executive Chairman23.3yrsUS$1.39m1.25%
$ 8.5m
Martin Resch
President3.3yrsUS$2.05m0.40%
$ 2.7m
Benjamin Edwards
Independent Director21.3yrsUS$138.89k0.23%
$ 1.6m
Joseph Rupp
Independent Lead Director9.8yrsUS$189.84k0.19%
$ 1.3m
Franklin Wicks
Independent Director20.3yrsUS$181.82k0.27%
$ 1.8m
Robert Ebel
Independent Director20.3yrsUS$174.28k0.21%
$ 1.4m
Randall Schilling
Independent Director17.3yrsUS$171.98k0.26%
$ 1.8m
Ann Marr
Independent Director3.9yrsUS$148.28k0.066%
$ 444.2k
John Drabik
Independent Directorless than a yearno data0.013%
$ 89.5k
Wendy Henry
Independent Director4.5yrsUS$154.70k0.065%
$ 440.3k
13.5yrs
Average Tenure
68.5yo
Average Age

Experienced Board: CASS's board of directors are seasoned and experienced ( 13.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 16:43
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cass Information Systems, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manuel NavasPiper Sandler Companies
Michael RoseRaymond James & Associates
Stephen MossRaymond James & Associates