Cass Information Systems
Market Cap
US$839.1m
Last Updated
2019/11/16 23:34 UTC
Data Sources
Company Financials
Executive Summary
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States.
Snowflake
Flawless balance sheet average dividend payer.
Share Price & News
How has Cass Information Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CASS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.1%
CASS
2.2%
US IT
0.7%
US Market
1 Year Return
2.8%
CASS
26.7%
US IT
12.9%
US Market
Return vs Industry: CASS underperformed the US IT industry which returned 26.7% over the past year.
Return vs Market: CASS underperformed the US Market which returned 12.9% over the past year.
Shareholder returns
| CASS | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | 2.2% | 0.7% |
| 30 Day | 11.5% | 3.2% | 4.4% |
| 90 Day | 15.7% | 1.1% | 7.0% |
| 1 Year | 4.9%2.8% | 28.0%26.7% | 15.4%12.9% |
| 3 Year | 14.1%8.6% | 96.6%88.3% | 49.1%39.5% |
| 5 Year | 79.9%65.5% | 133.4%112.4% | 62.7%44.7% |
Price Volatility Vs. Market
How volatile is Cass Information Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Here's How P/E Ratios Can Help Us Understand Cass Information Systems, Inc. (NASDAQ:CASS)1 week ago | Simply Wall St
Did You Miss Cass Information Systems's (NASDAQ:CASS) 59% Share Price Gain?3 weeks ago | Simply Wall St
Here's What We Think About Cass Information Systems, Inc.'s (NASDAQ:CASS) CEO PayValuation
Is Cass Information Systems undervalued compared to its fair value and its price relative to the market?
26.97x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CASS ($57.88) is trading above our estimate of fair value ($51)
Significantly Below Fair Value: CASS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CASS is good value based on its PE Ratio (27x) compared to the IT industry average (31.4x).
PE vs Market: CASS is poor value based on its PE Ratio (27x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CASS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CASS is good value based on its PB Ratio (3.4x) compared to the US IT industry average (4x).
Next Steps
Future Growth
How is Cass Information Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CASS's forecast earnings growth (13.5% per year) is above the savings rate (2.7%).
Earnings vs Market: CASS's earnings (13.5% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: CASS's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if CASS's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CASS's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CASS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Cass Information Systems performed over the past 5 years?
6.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CASS has a high level of non-cash earnings.
Growing Profit Margin: CASS's current net profit margins (19.2%) are lower than last year (19.3%).
Past Earnings Growth Analysis
Earnings Trend: CASS's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: CASS's earnings growth over the past year (8.9%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: CASS earnings growth over the past year (8.9%) underperformed the IT industry 17%.
Return on Equity
High ROE: CASS's Return on Equity (12.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Cass Information Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CASS's short term assets ($1.2B) exceeds its short term liabilities ($1.1B)
Long Term Liabilities: CASS's short term assets (1.2B) exceeds its long term liabilities (461.6M)
Debt to Equity History and Analysis
Debt Level: CASS is debt free.
Reducing Debt: CASS has not had any debt for past 5 years.
Debt Coverage: CASS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CASS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: CASS has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CASS's debt is covered by short term assets.
Next Steps
Dividend
What is Cass Information Systems's current dividend yield, its reliability and sustainability?
1.87%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Cass Information Systems before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CASS's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: CASS's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (3.65%).
Stability and Growth of Payments
Stable Dividend: CASS's dividends per share have been stable in the past 10 years.
Growing Dividend: CASS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.8%), CASS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Cass Information Systems's salary, the management and board of directors tenure and is there insider trading?
8.8yrs
Average management tenure
CEO
Eric Brunngraber (62yo)
11.3yrs
Tenure
US$2,103,471
Compensation
Mr. Eric H. Brunngraber has been the Chief Executive Officer and President of Cass Information Systems Inc., since May 2006 and July 20, 2008 respectively. Mr. Brunngraber is a co-owner at Ann Marie and Er ...
CEO Compensation Analysis
Compensation vs Market: Eric's total compensation ($USD2.10M) is about average for companies of similar size in the US market ($USD2.62M).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
Management Age and Tenure
8.8yrs
Average Tenure
60.5yo
Average Age
Experienced Management: CASS's management team is seasoned and experienced (8.8 years average tenure).
Board Age and Tenure
10.6yrs
Average Tenure
65yo
Average Age
Experienced Board: CASS's board of directors are seasoned and experienced ( 10.6 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Unit President President of Expense Management Services |
| Shares | 850 |
| Max Price | US$55.00 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Eric Brunngraber (62yo)
Chairman
- Tenure: 11.3yrs
- Compensation: US$2.10m
Gary Langfitt (63yo)
President of Expense Management Services
- Tenure: 8.8yrs
- Compensation: US$699.85k
P. Appelbaum (62yo)
Executive VP
- Tenure: 13.5yrs
- Compensation: US$756.50k
Mark Campbell (56yo)
President of Freight Audit & Payment Division
- Tenure: 4.8yrs
- Compensation: US$518.56k
James Cavellier (51yo)
Executive VP & Chief Information Officer
- Tenure: 1.8yrs
- Compensation: US$637.29k
Dwight Erdbruegger (59yo)
President of Cass Commercial Bank
- Tenure: 0yrs
Board Members
Tad Edwards (64yo)
Independent Director
- Tenure: 14.6yrs
- Compensation: US$101.80k
Joe Rupp (69yo)
Lead Director
- Tenure: 0.6yrs
- Compensation: US$100.40k
Frank Wicks (66yo)
Independent Director
- Tenure: 13.8yrs
- Compensation: US$118.13k
Eric Brunngraber (62yo)
Chairman
- Tenure: 11.3yrs
- Compensation: US$2.10m
Jim Lindemann (64yo)
Independent Director
- Tenure: 12.6yrs
- Compensation: US$116.05k
Bob Ebel (64yo)
Independent Director
- Tenure: 13.8yrs
- Compensation: US$119.98k
Randall Schilling (56yo)
Independent Director
- Tenure: 10.6yrs
- Compensation: US$110.05k
Robert Mathias (67yo)
Vice Chairman of Cass Commercial Bank
- Tenure: 0yrs
- Compensation: US$739.54k
Ralph Clermont (71yo)
Independent Director
- Tenure: 4.1yrs
- Compensation: US$130.82k
Sally Roth (71yo)
Independent Director
- Tenure: 0.6yrs
Company Information
Cass Information Systems, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cass Information Systems, Inc.
- Ticker: CASS
- Exchange: NasdaqGS
- Founded: 1906
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$839.131m
- Shares outstanding: 14.50m
- Website: https://www.cassinfo.com
Number of Employees
Location
- Cass Information Systems, Inc.
- 12444 Powerscourt Drive
- Suite 550
- St. Louis
- Missouri
- 63131
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CASS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 1992 |
Biography
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Informatio ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/16 23:34 |
| End of Day Share Price | 2019/11/15 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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 here.