Cass Information Systems, Inc.CASS

$49.52+0.79 (+1.62%)
NASDAQIndustrials24:00 UTC

Company snapshot

Market Cap
$653M
Small-cap
+7%
2016 — today
10-Year Price
+23%
2016 — today
52-Week Range
$36.78$49.52
Current $49.52· 100%

Cass Information Systems, Inc. delivers specialized payment and data management services to a broad array of manufacturing, distribution, and retail businesses across the United States. The company's operations are divided into two main areas: Information Services and Banking Services. Through its Information Services segment, Cass provides essential back-office solutions, including the intricate rating, payment processing, and auditing of freight invoices, alongside the production of crucial accounting and transportation data. This division also expertly handles the payment and management of various facility expenses, such as utility bills for electricity, natural gas, and waste, as well as offering comprehensive telecommunications expense management. The Banking Services segment, powered by its subsidiary Cass Commercial Bank, offers a full range of financial products. These include standard checking, savings, and time deposit accounts, in addition to commercial, industrial, and real estate lending. Cash management services are also provided, primarily serving privately-owned businesses and religious organizations. Furthermore, Cass extends its offerings with a modern B2B payment platform, tailored for clients in search of a flexible financial technology partner. Established in 1906, Cass Information Systems, Inc. is headquartered in St. Louis, Missouri, where its main banking facility is located. The company also maintains an operating branch in Bridgeton, Missouri, and leased facilities in Fenton, Missouri, and Colorado Springs, Colorado. It adopted its current name in January 2001, having previously been known as Cass Commercial Corporation.

Valuation in context

P/E ratio
18.8
Historically cheap
Historically cheap relative to the last 10 years
P/B ratio
2.7
Around average
Around the 10-year average
EV / EBITDA
11.4
Above average
Pricier than usual over the last 10 years
Dividend Yield
2.6%
Around average
Around the 10-year average
PEG ratio
2.1
Near historic low
Near historic low — last 10 years
FCF Yield
3.9%
Near historic low
Near historic low — last 10 years
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