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Cass Information Systems Inc. (CASS) Stock Fundamental Analysis & AI Rating 2026

CASS Nasdaq Services-Business Services, NEC MO CIK: 0000708781
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 16, 2026 (today) • TBD ET • EPS est. $0.63 (vs $0.63 prior year) • All earnings →
Combined AI Rating
BUY
76% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
73% Conf

📊 CASS Key Takeaways

Revenue: $190.8M
Net Margin: 18.4%
Free Cash Flow: $31.8M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $2.61
AI Rating: BUY with 78% confidence
Cass Information Systems Inc. (CASS) receives a BUY rating with 76% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $190.8M, net profit margin of 18.4%, and return on equity (ROE) of 14.5%, Cass Information Systems Inc. demonstrates strong fundamentals in the Services sector. Below is our complete CASS stock analysis for 2026.

Is Cass Information Systems Inc. (CASS) a Good Investment?

Claude

CASS demonstrates exceptional revenue growth of 76.6% YoY with strong profitability metrics including 20.3% operating margin and 18.4% net margin, indicating effective operational leverage. The company maintains a fortress balance sheet with $392.3M in cash, zero long-term debt, and strong free cash flow generation of $31.8M, though the high asset base relative to equity suggests significant liabilities warrant deeper investigation.

ChatGPT

CASS INFORMATION SYSTEMS shows strong fundamental momentum, with revenue up 76.6%, net income up 83.2%, and free cash flow generation remaining solid at a 16.7% margin. Profitability is healthy with a 20.3% operating margin and 18.4% net margin, while the balance sheet carries no reported long-term debt and substantial cash, though the high liability base and relatively low ROA temper the overall quality profile.

Why Buy Cass Information Systems Inc. Stock? CASS Key Strengths

Claude
  • + Outstanding revenue growth of 76.6% YoY with net income growth of 83.2% demonstrating operational leverage
  • + Strong net margins of 18.4% and operating margins of 20.3% indicate efficient business model and pricing power
  • + Robust free cash flow generation at $31.8M (16.7% FCF margin) with minimal capital intensity ($5.7M capex)
  • + Excellent liquidity position with $392.3M in cash and zero long-term debt providing financial flexibility
  • + Significant insider activity with 11 Form 4 filings suggesting management confidence
ChatGPT
  • + Exceptional year-over-year growth in revenue, net income, and diluted EPS
  • + Strong profitability with 20.3% operating margin and 18.4% net margin
  • + Solid financial position with $392.27M in cash, positive free cash flow, and no reported long-term debt

CASS Stock Risks: Cass Information Systems Inc. Investment Risks

Claude
  • ! Asset-to-equity ratio of 10.7x implies substantial liabilities ($2.4B) whose composition and nature are unclear without detailed balance sheet breakdown
  • ! Low ROA of 1.3% despite strong margins suggests inefficient asset utilization or potential non-operating asset holdings requiring clarification
  • ! Limited visibility on sustainability of 76.6% revenue growth rate and whether this represents organic growth or acquisition-driven expansion
  • ! Missing data on current ratio, quick ratio, and gross margin limits complete liquidity and operational efficiency assessment
  • ! Interest coverage of only 3.1x indicates moderate debt servicing capacity should liabilities include significant interest-bearing obligations
ChatGPT
  • ! Total liabilities are very high relative to equity, which reduces balance sheet flexibility
  • ! ROA of 1.3% suggests limited asset efficiency despite good earnings growth
  • ! Interest coverage of 3.1x is only moderate and should improve if earnings quality is sustained

Key Metrics to Watch

Claude
  • * Revenue growth sustainability and organic vs. inorganic growth composition in coming quarters
  • * Operating margin maintenance as company scales and ensures growth is not margin-dilutive
  • * Nature and composition of $2.4B in liabilities and their terms to assess true financial leverage
  • * Free cash flow consistency and conversion rate relative to net income
  • * Return on Assets improvement initiatives given current 1.3% ROA despite strong profitability
ChatGPT
  • * Operating and net margin sustainability as growth normalizes
  • * Free cash flow conversion and liability-to-equity trend

Cass Information Systems Inc. (CASS) Financial Metrics & Key Ratios

Revenue
$190.8M
Net Income
$35.1M
EPS (Diluted)
$2.61
Free Cash Flow
$31.8M
Total Assets
$2.6B
Cash Position
$392.3M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CASS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 20.3%
Net Margin 18.4%
ROE 14.5%
ROA 1.3%
FCF Margin 16.7%

CASS vs Services Sector: How Cass Information Systems Inc. Compares

How Cass Information Systems Inc. compares to Services sector averages

Net Margin
CASS 18.4%
vs
Sector Avg 10.0%
CASS Sector
ROE
CASS 14.5%
vs
Sector Avg 16.0%
CASS Sector
Current Ratio
CASS 0.0x
vs
Sector Avg 1.5x
CASS Sector
Debt/Equity
CASS 0.0x
vs
Sector Avg 0.7x
CASS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cass Information Systems Inc. Stock Overvalued? CASS Valuation Analysis 2026

Based on fundamental analysis, Cass Information Systems Inc. appears fundamentally strong relative to the Services sector in 2026.

Return on Equity
14.5%
Sector avg: 16%
Net Profit Margin
18.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cass Information Systems Inc. Balance Sheet: CASS Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
90.7%
Interest Coverage
3.12x
Long-term Debt
N/A

CASS Revenue & Earnings Growth: 5-Year Financial Trend

CASS 5-year financial data: Year 2021: Revenue $109.3M, Net Income $30.4M, EPS $2.07. Year 2022: Revenue $121.7M, Net Income $25.2M, EPS $1.73. Year 2023: Revenue $126.6M, Net Income $28.6M, EPS $2.00. Year 2024: Revenue $127.3M, Net Income $34.9M, EPS $2.53. Year 2025: Revenue $109.9M, Net Income $30.1M, EPS $2.18.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cass Information Systems Inc.'s revenue has shown modest growth of 1% over the 5-year period. The most recent EPS of $2.18 reflects profitable operations.

CASS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
16.7%
Free cash flow / Revenue

CASS Quarterly Earnings & Performance

Quarterly financial performance data for Cass Information Systems Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $27.4M $2.9M $0.21
Q2 2025 $27.6M $4.5M $0.32
Q1 2025 $26.8M $7.2M $0.52
Q3 2024 $31.6M $2.9M $0.21
Q2 2024 $31.3M $4.5M $0.32
Q1 2024 $31.0M $7.1M $0.51
Q3 2023 $30.5M $7.4M $0.54
Q2 2023 $30.2M $7.1M $0.52

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cass Information Systems Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$37.4M
Cash generated from operations
Stock Buybacks
$26.0M
Shares repurchased (TTM)
Capital Expenditures
$5.7M
Investment in assets
Dividends Paid
$16.5M
Returned to shareholders

CASS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cass Information Systems Inc. (CIK: 0000708781)

📋 Recent SEC Filings

Date Form Document Action
Mar 30, 2026 8-K cass-20260329.htm View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774282206.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774282157.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774282100.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774282055.xml View →

Frequently Asked Questions about CASS

What is the AI rating for CASS?

Cass Information Systems Inc. (CASS) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CASS's key strengths?

Claude: Outstanding revenue growth of 76.6% YoY with net income growth of 83.2% demonstrating operational leverage. Strong net margins of 18.4% and operating margins of 20.3% indicate efficient business model and pricing power. ChatGPT: Exceptional year-over-year growth in revenue, net income, and diluted EPS. Strong profitability with 20.3% operating margin and 18.4% net margin.

What are the risks of investing in CASS?

Claude: Asset-to-equity ratio of 10.7x implies substantial liabilities ($2.4B) whose composition and nature are unclear without detailed balance sheet breakdown. Low ROA of 1.3% despite strong margins suggests inefficient asset utilization or potential non-operating asset holdings requiring clarification. ChatGPT: Total liabilities are very high relative to equity, which reduces balance sheet flexibility. ROA of 1.3% suggests limited asset efficiency despite good earnings growth.

What is CASS's revenue and growth?

Cass Information Systems Inc. reported revenue of $190.8M.

Does CASS pay dividends?

Cass Information Systems Inc. pays dividends, with $16.5M distributed to shareholders in the trailing twelve months.

Where can I find CASS SEC filings?

Official SEC filings for Cass Information Systems Inc. (CIK: 0000708781) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CASS's EPS?

Cass Information Systems Inc. has a diluted EPS of $2.61.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CASS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Cass Information Systems Inc. has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CASS stock overvalued or undervalued?

Valuation metrics for CASS: ROE of 14.5% (sector avg: 16%), net margin of 18.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy CASS stock in 2026?

Our dual AI analysis gives Cass Information Systems Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CASS's free cash flow?

Cass Information Systems Inc.'s operating cash flow is $37.4M, with capital expenditures of $5.7M. FCF margin is 16.7%.

How does CASS compare to other Services stocks?

Vs Services sector averages: Net margin 18.4% (avg: 10%), ROE 14.5% (avg: 16%), current ratio N/A (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI