CASS Q2 2024 Earnings — Cass Information Systems, Inc. Revenue & Financial Results | Market Cap Arena

CASSCass Information Systems, Inc.

$584M

Q2 2024 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$50M-4.0% YoY

Gross Profit

$42M84.1% margin

Operating Income

$6M11.2% margin

Net Income

$4M9.0% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$8M

Stock-Based Comp.

$450,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.1B

Stockholders' Equity

$230M

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$52M	-4.0%
Gross Profit	$42M	$46M	-8.3%
Operating Income	$6M	$9M	-37.5%
Net Income	$4M	$7M	-37.2%

Revenue Segments

Information Services

$32M50%

Processing Fees

$21M33%

Financial Fees

$11M17%

Bank Service Fees

$319,0001%