CASS Q3 2023 Earnings — Cass Information Systems, Inc. Revenue & Financial Results | Market Cap Arena

CASSCass Information Systems, Inc.

$584M

Q3 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$54M+11.2% YoY

Gross Profit

$47M86.9% margin

Operating Income

$9M17.0% margin

Net Income

$7M13.7% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$9M

Stock-Based Comp.

$938,000

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$2.3B

Stockholders' Equity

$206M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$49M	+11.2%
Gross Profit	$47M	$42M	+10.5%
Operating Income	$9M	$11M	-15.8%
Net Income	$7M	$9M	-16.0%

Revenue Segments

Information Services

$32M50%

Processing Fees

$20M31%

Financial Fees

$12M18%

Bank Service Fees

$247,0000%