NasdaqGS:CASS

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Cass Information Systems

Executive Summary

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. More Details


Snowflake Analysis

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

-5.9%

CASS

-1.9%

US IT

-1.2%

US Market


1 Year Return

-20.0%

CASS

30.2%

US IT

19.5%

US Market

Return vs Industry: CASS underperformed the US IT industry which returned 30.2% over the past year.

Return vs Market: CASS underperformed the US Market which returned 19.5% over the past year.


Shareholder returns

CASSIndustryMarket
7 Day-5.9%-1.9%-1.2%
30 Day9.5%5.0%5.8%
90 Day7.0%7.9%8.1%
1 Year-18.1%-20.0%31.5%30.2%22.3%19.5%
3 Year-10.3%-15.4%95.8%88.0%43.6%34.0%
5 Year13.4%3.7%154.3%134.0%87.3%66.1%

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

Valuation

Is Cass Information Systems undervalued compared to its fair value and its price relative to the market?

9.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CASS ($41.91) is trading below our estimate of fair value ($46.44)

Significantly Below Fair Value: CASS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CASS is good value based on its PE Ratio (21.9x) compared to the US IT industry average (33.1x).

PE vs Market: CASS is poor value based on its PE Ratio (21.9x) compared to the US market (19x).


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 (2.4x) compared to the US IT industry average (3.8x).


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?

24.3%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cass Information Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Cass Information Systems performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CASS has high quality earnings.

Growing Profit Margin: CASS's current net profit margins (17.6%) are lower than last year (19.2%).


Past Earnings Growth Analysis

Earnings Trend: CASS's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: CASS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CASS had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the IT industry average (8.1%).


Return on Equity

High ROE: CASS's Return on Equity (11.1%) is considered low.


Next Steps

Financial Health

How is Cass Information Systems's financial position?


Financial Position Analysis

Short Term Liabilities: CASS's short term assets ($1.3B) exceed its short term liabilities ($1.0B).

Long Term Liabilities: CASS's short term assets ($1.3B) exceed its long term liabilities ($547.5M).


Debt to Equity History and Analysis

Debt Level: CASS is debt free.

Reducing Debt: CASS had no debt 5 years ago.

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


Next Steps

Dividend

What is Cass Information Systems's current dividend yield, its reliability and sustainability?

2.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CASS's dividend (2.58%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: CASS's dividend (2.58%) is low compared to the top 25% of dividend payers in the US market (4.66%).


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 reasonable payout ratio (56%), CASS's dividend payments are 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

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Eric Brunngraber (63 yo)

12.25yrs

Tenure

US$3,378,477

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 ($USD3.38M) is about average for companies of similar size in the US market ($USD2.82M).

Compensation vs Earnings: Eric's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eric Brunngraber
Chairman12.25yrsUS$3.38m0.72%
$ 4.4m
P. Appelbaum
Executive VP & CFO14.42yrsUS$989.53k0.35%
$ 2.1m
James Cavellier
Executive VP & Chief Information Officer2.67yrsUS$552.25k0.030%
$ 180.2k
Mark Campbell
President of Transportation Information Services5.67yrsUS$799.35k0.14%
$ 830.8k
Gary Langfitt
President of Expense Management Services9.75yrsUS$974.88k0.22%
$ 1.3m
Dwight Erdbruegger
President of Cass Commercial Bankno dataUS$583.12k0.028%
$ 170.4k
Matthew Schuckman
General Counsel & Corporate Secretary0.17yrno datano data
Don Kiernan
Vice President of Sales and Marketing0.25yrno datano data

5.7yrs

Average Tenure

60yo

Average Age

Experienced Management: CASS's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Brunngraber
Chairman12.25yrsUS$3.38m0.72%
$ 4.4m
Benjamin Edwards
Independent Director15.5yrsUS$107.05k0.11%
$ 684.4k
Joseph Rupp
Independent Lead Director1.5yrsUS$129.98k0.052%
$ 313.3k
Franklin Wicks
Independent Director14.75yrsUS$126.03k0.12%
$ 745.0k
James Lindemann
Independent Director13.5yrsUS$124.28k0.13%
$ 800.8k
Robert Ebel
Independent Director14.75yrsUS$127.29k0.12%
$ 728.1k
Randall Schilling
Independent Director11.5yrsUS$118.28k0.12%
$ 718.4k
Robert Mathias
Vice Chairman of Cass Commercial Bankno dataUS$739.54k0.096%
$ 580.5k
Ralph Clermont
Independent Director5yrsUS$140.25k0.073%
$ 444.2k
Sally Roth
Independent Director1.5yrsUS$102.36k0.015%
$ 89.7k

11.5yrs

Average Tenure

66yo

Average Age

Experienced Board: CASS's board of directors are seasoned and experienced ( 11.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CASS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$604.387m
  • Shares outstanding: 14.42m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CASSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1992
CC3DB (Deutsche Boerse AG)YesCommon StockDEEURApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 23:56
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.