Full Year Financial Highlights
- Record net income and diluted earnings per share of $35.1 million and $2.61, respectively.
- Return on average equity and assets of 14.98% and 1.43%, respectively.
- Increase in net interest income of $13.5 million, or 19.8%.
- Increase in facility dollar volumes of 14.7%.
- Increase in average accounts and drafts payable of 14.9%.
- Salaries and commissions increase limited to 0.4% as a result of a decline in average FTEs of 5.4%.
- Repurchased 617,415 shares of Company common stock at a weighted average price of $41.59.
- Net income and diluted earnings per share of $8.2 million and $0.62, respectively.
- Adjusted net income and adjusted diluted earnings per share from continuing operations of $9.0 million and $0.68, increases of 32.9% and 38.8% compared to the prior year quarter.
- Increase in net interest margin to 3.93%, compared to 3.55% in the prior year quarter.
- Increase in facility dollar volumes of 13.0%.
- Consolidated Waste and Utility divisions into a single Facility division to drive improved efficiency and client experience.
- Continued strong asset quality with no loan charge-offs and an allowance for credit losses to loans ratio of 1.28%. In addition, received a full payoff on the Company’s only modified loan of $27.9 million.
- Repurchased 201,450 shares of Company stock at a weighted average price of $40.59.
ST. LOUIS--(BUSINESS WIRE)--Jan. 22, 2026 - Cass Information Systems, Inc. (Nasdaq: CASS), (the Company or Cass) reported its full year and fourth quarter 2025 earnings. In announcing these results, Martin Resch, the Company’s President and Chief Executive Officer, noted, “Our record annual earnings are a testament to the ability of the entire Cass team to execute on our strategy.” Resch added, “While I am extremely proud of our performance in 2025, I am even more excited about our prospects for 2026 with revenue tailwinds from onboarding new clients as well as the prospect of interest-earning asset growth and net interest margin expansion. Operationally, the consolidation of our non-transportation invoice and payment processing activities into a single Facilities division, combined with the expanded utilization of AI-enabled systems, should result in increased efficiency and enhanced levels of client satisfaction."
