Cass Information Systems Quarterly Income Statements Chart
Quarterly
|
Annual
Cass Information Systems Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2021-12-31 | 2021-09-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2010-12-31 | 2010-06-30 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| fee revenue and other income: | ||||||||||||||||
| processing fees | 20,728,000 | 19,939,000 | 19,386,000 | 19,513,000 | ||||||||||||
| financial fees | 11,467,000 | 11,597,000 | 11,662,000 | 11,259,000 | ||||||||||||
| other | 1,292,000 | 1,264,000 | 1,025,000 | 1,335,000 | 249,000 | 168,000 | 417,000 | 115,000 | 115,000 | 115,000 | 113,000 | 34,250 | 137,000 | 139,000 | ||
| total fee revenue and other income | 33,487,000 | 32,800,000 | 32,073,000 | 32,107,000 | 28,952,000 | 27,577,000 | 26,175,000 | 25,240,000 | 24,932,000 | 23,174,000 | 27,095,000 | 3,492,000 | 13,968,000 | 13,225,000 | ||
| interest income: | ||||||||||||||||
| interest and fees on loans | 12,796,000 | 12,863,000 | 12,931,000 | 12,235,000 | 8,908,000 | 8,987,000 | 8,587,000 | 10,299,000 | 9,067,000 | 9,298,000 | 9,001,000 | 2,467,750 | 9,871,000 | 9,427,000 | ||
| interest and dividends on securities: | ||||||||||||||||
| taxable | 3,416,000 | 3,428,000 | 3,688,000 | 3,586,000 | 1,160,000 | 731,000 | 198,000 | 286,000 | 373,000 | 473,000 | 560,000 | 2,750 | 11,000 | 14,000 | ||
| exempt from federal income taxes | 936,000 | 964,000 | 989,000 | 1,208,000 | 1,715,000 | 1,760,000 | 1,739,000 | 1,747,000 | 1,753,000 | 1,785,000 | 1,819,000 | 537,750 | 2,151,000 | 2,098,000 | ||
| interest on federal funds sold and other short-term investments | 4,573,000 | 3,934,000 | 2,100,000 | 3,113,000 | 211,000 | 241,000 | 152,000 | 96,000 | 86,000 | 86,000 | 958,000 | 24,500 | 98,000 | 89,000 | ||
| total interest income | 21,721,000 | 21,189,000 | 19,708,000 | 20,142,000 | 11,994,000 | 11,719,000 | 10,676,000 | 12,428,000 | 11,279,000 | 11,642,000 | 12,338,000 | 36,915,000 | 12,131,000 | 11,628,000 | ||
| interest expense: | ||||||||||||||||
| interest on deposits | 4,687,000 | 4,641,000 | 3,651,000 | 3,171,000 | 256,000 | 287,000 | 331,000 | 451,000 | 465,000 | 481,000 | 963,000 | 299,750 | 1,199,000 | 1,176,000 | ||
| interest on short-term borrowings | 43,000 | 73,000 | 2,000 | |||||||||||||
| total interest expense | 4,687,000 | 4,641,000 | 3,694,000 | 3,244,000 | 256,000 | 287,000 | 331,000 | 451,000 | 465,000 | 481,000 | 3,676,000 | 1,199,000 | 1,176,000 | |||
| net interest income | 17,034,000 | 16,548,000 | 16,014,000 | 16,898,000 | 11,738,000 | 11,432,000 | 10,345,000 | 11,977,000 | 10,814,000 | 11,161,000 | 11,373,000 | 33,239,000 | 10,932,000 | 10,452,000 | ||
| benefit from (release of) credit losses | -83,750 | 125,000 | ||||||||||||||
| net interest income after benefit from (release of) credit losses | 12,448,750 | 16,423,000 | ||||||||||||||
| total net revenue | 50,736,000 | 49,223,000 | 48,207,000 | 49,345,000 | 39,950,000 | 38,669,000 | 37,120,000 | 37,132,000 | 35,746,000 | 33,935,000 | 38,143,000 | 5,937,500 | 23,750,000 | 22,777,000 | ||
| yoy | 23.21% | 24.67% | 32.93% | 11.76% | 13.95% | -2.68% | 502.04% | 42.88% | 67.46% | |||||||
| qoq | 3.07% | 2.11% | -2.31% | 3.31% | 4.17% | -0.03% | 3.88% | 5.34% | -11.03% | -75.00% | 4.27% | |||||
| operating expense: | ||||||||||||||||
| personnel | 29,600,000 | 29,636,000 | 29,432,000 | 30,026,000 | 23,466,000 | 23,283,000 | 22,526,000 | 22,223,000 | 22,521,000 | 20,891,000 | ||||||
| occupancy | 890,000 | 908,000 | 907,000 | 855,000 | 965,000 | 953,000 | 947,000 | 930,000 | 930,000 | 938,000 | 941,000 | 152,750 | 611,000 | 572,000 | ||
| equipment | 1,950,000 | 1,789,000 | 1,749,000 | 2,082,000 | 1,717,000 | 1,700,000 | 1,675,000 | 1,668,000 | 1,648,000 | 1,617,000 | 1,635,000 | 229,000 | 916,000 | 898,000 | ||
| amortization of intangible assets | 195,000 | 195,000 | 195,000 | 195,000 | 215,000 | 215,000 | 215,000 | 215,000 | 215,000 | 214,000 | 215,000 | 6,750 | 27,000 | 27,000 | ||
| other operating expense | 5,559,250 | 7,535,000 | 7,056,000 | 7,214,000 | 2,949,500 | 4,539,000 | 3,162,000 | 2,693,500 | 3,366,000 | 3,697,000 | 3,711,000 | |||||
| total operating expense | 40,381,000 | 40,063,000 | 39,339,000 | 40,372,000 | 31,308,000 | 30,690,000 | 28,525,000 | 29,649,000 | 28,680,000 | 27,357,000 | 28,929,000 | 4,212,500 | 16,850,000 | 16,197,000 | ||
| income before income tax expense | 10,355,000 | 9,160,000 | 8,868,000 | 8,973,000 | 8,642,000 | 7,979,000 | 8,595,000 | 7,483,000 | 7,066,000 | 6,578,000 | 9,214,000 | 21,033,000 | 6,900,000 | 6,580,000 | ||
| income tax expense | 1,945,000 | 1,766,000 | 1,730,000 | 1,856,000 | 940,000 | 1,174,000 | 1,524,000 | 1,072,000 | 1,285,000 | 1,139,000 | 1,669,000 | 5,623,000 | 2,000,000 | 1,831,000 | ||
| net income | 8,410,000 | 7,394,000 | 7,138,000 | 7,117,000 | 7,702,000 | 6,805,000 | 7,071,000 | 6,411,000 | 5,781,000 | 5,439,000 | 7,545,000 | 15,410,000 | 4,900,000 | 4,749,000 | ||
| yoy | -4.00% | 4.89% | 0.65% | 33.23% | 25.11% | -6.28% | -62.49% | 11.00% | 58.88% | |||||||
| qoq | 13.74% | 3.59% | 0.30% | 13.18% | -3.76% | 10.29% | 10.90% | 6.29% | -27.91% | 214.49% | 3.18% | |||||
| net income margin % | 16.58% | 15.02% | 14.81% | 14.42% | 19.28% | 17.60% | 19.05% | 17.27% | 16.17% | 16.03% | 19.78% | 259.54% | 20.63% | 20.85% | ||
| basic earnings per share | 0.62 | 0.55 | 0.53 | 0.52 | 0.56 | 0.48 | 0.49 | 0.44 | 0.4 | 0.38 | 0.52 | 0.13 | 0.52 | 0.51 | ||
| diluted earnings per share | 0.62 | 0.54 | 0.52 | 0.51 | 0.55 | 0.48 | 0.49 | 0.44 | 0.4 | 0.37 | 0.52 | 1.63 | 0.52 | 0.5 | ||
| (release of) benefit from credit losses | -120,000 | -340,000 | -600,000 | |||||||||||||
| net interest income after (release of) benefit from credit losses | 16,134,000 | 17,238,000 | ||||||||||||||
| information services payment and processing revenue | 28,014,000 | 26,877,000 | 25,216,000 | 24,664,000 | 24,376,000 | 22,661,000 | 25,503,000 | 3,383,250 | 13,533,000 | 12,745,000 | ||||||
| bank service fees | 682,000 | 533,000 | 494,000 | 455,000 | 441,000 | 398,000 | 410,000 | 74,500 | 298,000 | 341,000 | ||||||
| gains on sales of securities | 7,000 | -1,000 | 48,000 | 6,000 | 1,069,000 | |||||||||||
| benefit from (release of) credit losses / loan losses | -217,500 | 340,000 | ||||||||||||||
| net interest income after benefit from (release of) credit losses / loan losses | 8,364,500 | 11,092,000 | ||||||||||||||
| net interest income after benefit from credit losses | 10,945,000 | |||||||||||||||
| benefit from loan losses | 181,250 | 400,000 | 325,000 | 2,950,000 | 1,150,000 | 900,000 | ||||||||||
| net interest income after benefit from loan losses | 8,155,750 | 10,814,000 | 10,761,000 | 11,048,000 | 2,445,500 | 9,782,000 | 9,552,000 | |||||||||
| salaries and employee benefits | 22,427,000 | 3,170,750 | 12,683,000 | 12,490,000 | ||||||||||||
| interest on subordinated convertible debentures | ||||||||||||||||
| other operating | 653,250 | 2,613,000 | 2,210,000 |
We provide you with 20 years income statements for Cass Information Systems stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Cass Information Systems stock. Explore the full financial landscape of Cass Information Systems stock with our expertly curated income statements.
The information provided in this report about Cass Information Systems stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.