NASDAQ$CASS

Cass Information Systems Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Cass Information Systems reported record quarterly net income and diluted earnings per share.

Cass Information Systems reported a record first quarter with a 22.4% increase in diluted earnings per share to $0.60 and a 16.8% increase in net income to $8.3 million. The company also saw record quarterly transportation dollar volumes of $10.9 billion.

  • Diluted earnings per share increased by 22.4% to $0.60.
  • Net income increased by 16.8% to $8.3 million.
  • Transportation dollar volumes increased by 37.3% to $10.9 billion.
  • Financial fees increased by 50.5%.

Headline financials

Total Revenue

$42.1M

Previous: $37.1M+13.4%
EPS (adj)

$0.60

Previous: $0.49+22.4%
Transportation Volume

$10.9B

Previous: $7.9B+37.3%
ROAE

14.2%

Previous: 11.1%+28.1%
Capital Expenditures

-$2M

Previous: -$900K-122.4%
Free Cash Flow

$6.26M

Previous: $6.17M+1.4%
Net Income

$8.26M

Previous: $7.07M+16.8%
Operating Income

$40.6M

Previous: $35.4M+14.7%
Gross Profit

$41.9M

Previous: $36.9M+13.5%
Cash & Equivalents

$191M

Previous: $600M-68.1%
Total Assets

$2.42B

Previous: $2.22B+9.3%
Stock-Based Comp

$1.34M

Previous: $693K+93.4%

Revenue & EPS history

Cass · Revenue · Quarterly

$42.1M

Q1 2022+13.4%vs Q1 2021
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Revenue by segment

Cass · $29.6M total across 2 segments · Q1 2022

  • Processing Fees
    $19M
  • Financial Fees
    $10.5M+50.5%

Forward guidance

The Company is well positioned for an increase in net interest income in future periods to the extent there are further increases in the federal funds rate as well as longer term interest rates.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.8%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+5.9%

Q3 2022

Best reaction

-13.8%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%-2.0%-6.0%
Q4 2025+1.6%+3.6%+4.2%
Q3 2025+0.4%-0.6%+5.5%
Q2 2025-1.4%-0.8%-0.0%
Q1 2025-1.2%-0.8%+3.5%
Q4 2024+2.7%+2.6%+6.9%
Q3 2024-6.2%-3.9%+3.6%
Q2 2024-13.8%-11.3%-9.1%
Q1 2024-6.9%-3.9%+2.1%
Q4 2023+2.4%+2.9%+10.6%
Q3 2023-1.1%+1.7%+12.0%
Q2 2023+0.2%-2.2%+0.2%
Q1 2023-12.3%-13.1%-10.2%
Q4 2022+1.7%+2.2%+7.0%
Q3 2022+5.9%+7.9%+16.5%
Q2 2022+5.1%+9.0%+14.0%
Q1 2022+3.2%+4.3%-11.0%
Q4 2021+3.6%+6.5%+5.5%
Q3 2021+0.4%+0.1%+7.1%
Q2 2021-0.4%+1.2%+8.9%
Q1 2021+0.2%-1.7%-0.9%
Q4 2020+0.7%+4.1%+6.8%
Q3 2020+3.4%-3.7%+1.8%
Q2 2020-4.3%-6.5%-2.4%
Q1 2020+2.4%+13.4%+8.1%
Q4 2019-2.5%-2.4%-15.2%
Q3 2019+2.9%+8.9%+6.4%
Q2 2019+2.9%+3.7%-1.4%
Q1 2019+3.4%+1.0%-6.3%
Q4 2018-2.9%+1.0%+2.6%
Q3 2018+4.8%+10.8%+14.3%
Q2 2018-2.8%-2.9%+6.5%
Q1 2018-1.5%-1.0%+2.2%
Q4 2017-2.5%-4.5%+4.3%
Q3 2017+1.1%-0.2%+1.5%
Q2 2017-1.2%-3.8%-9.1%
Q1 2017-1.3%-2.2%-8.0%
Q4 2016+0.5%-3.2%-0.3%
Q3 2016+0.7%+2.7%+29.2%
Q2 2016-0.0%-2.3%+1.5%
Q1 2016+0.2%
Q4 2015+4.0%
Q3 2015+2.7%
Q2 2015-8.0%
Q1 2015+4.4%
Q4 2014-8.8%
Q3 2014+5.1%
Q2 2014-0.8%
Q1 2014+2.9%
Q4 2013-8.6%
Q3 2013+1.2%
Q2 2013+3.3%
Q1 2013-0.4%
Q4 2012-4.0%
Q3 2012-2.3%
Q4 2011+4.9%
Q2 2012+4.9%
Q1 2011-1.7%
Q1 2012+0.9%
Q4 2009+2.2%
Q3 2010+1.0%
Q3 2011+1.0%
Q2 2011-1.7%
Q2 2010-1.7%
Q4 2010-1.7%
Q1 2010-4.4%

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