← CASS INFORMATION SYSTEMS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $24.3m |
$25.0m
+2.74%
|
$30.3m
+21.00%
|
$30.4m
+0.45%
|
$25.2m
-17.20%
|
$28.6m
+13.62%
|
$34.9m
+22.02%
|
$30.1m
-13.88%
|
$19.2m
-36.23%
|
$35.1m
+83.20%
|
— | |
| Depreciation and amortization | $3.7m | $4.1m | $4.4m | $4.8m | $5.3m | $4.3m | $4.0m | $4.2m | $5.2m | $6.0m | $7.2m | |
| Amortization of Intangible Assets | $408k | $427k | $442k | $563k | $859k | $859k | $680k | $780k | $739k | $1.2m | — | |
| Depreciation | $3.2m | $3.6m | $4.0m | $4.2m | $4.5m | $4.3m | $4.0m | $4.2m | $5.2m | $6.0m | $6.0m | |
| Depreciation, Amortization and Accretion, Net | $9.4m | $11.3m | $11.2m | $10.9m | $11.3m | $4.3m | $4.0m | $4.2m | $5.2m | $6.0m | $7.2m | |
| Deferred Income Tax Expense (Benefit) | $319k | $4.0m | ($3.5m) | $1.2m | ($874k) | ($698k) | ($1.2m) | ($284k) | ($1.0m) | — | ($1.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $2.0m | $2.3m | $3.0m | $3.1m | $2.3m | $2.9m | $6.7m | $4.1m | $3.2m | $4.2m | $4.6m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | $4.7m | ($4.7m) | ($988k) | ($756k) | $602k | $2.5m | $3.8m | $3.3m | $322k | ($150k) | |
| Net Cash Provided by (Used in) Operating Activities | ($3.5m) |
$38.9m
+1219.78%
|
$48.3m
+24.29%
|
$42.1m
-12.85%
|
$47.8m
+13.42%
|
$34.5m
-27.70%
|
$51.6m
+49.38%
|
$36.9m
-28.43%
|
$38.9m
+5.45%
|
$37.4m
-3.88%
|
$48.7m
+29.95%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.7m | $4.1m | $4.4m | $2.7m | $2.0m | $4.4m | $5.9m | $14.3m | $9.3m | $5.7m | ($6.7m) | |
| Equipment Expense | $4.5m | $5.1m | $5.6m | $6.1m | $6.6m | $6.7m | $6.7m | $7.1m | $8.3m | $9.9m | — | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | $514.9m | $200.9m | $372.5m | $349.7m | $392.3m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | $51k | — | — | — | — | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | — | — | — | ($3.5m) | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $43.5m | $44.2m | $38.1m | $21.5m | $63.8m | $97.0m | $61.2m | $39.2m | $153.2m | $83.1m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($41.6m) | ($139.8m) | ($46.8m) | ($75.8m) | ($43.9m) | ($528.5m) | ($306.4m) | $284.7m | $4.0m | ($145.3m) | ($198.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | ($42k) | $19k | $1.1m | $51k | $15k | ($173k) | ($45k) | ($3.5m) | — | |
| Payments for Repurchase of Common Stock | $9.2m | $2.3m | $8.8m | $7.8m | $6.8m | $31.0m | $5.3m | $5.8m | $7.2m | $26.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $10.0m | $10.7m | $13.2m | $15.2m | $15.6m | $15.4m | $15.4m | $16.0m | $16.5m | $16.5m | ($16.4m) | |
| Proceeds from (Payments for) Other Financing Activities | ($1.4m) | ($467k) | ($945k) | ($1.1m) | ($1.1m) | ($850k) | ($594k) | ($834k) | ($1.7m) | ($1.3m) | — | |
| Net Cash Provided by (Used in) Financing Activities | $19.9m |
$62.3m
+212.63%
|
$1.3m
-97.94%
|
$6.7m
+418.47%
|
$462.7m
+6855.70%
|
$338.4m
-26.87%
|
($59.2m)
-117.50%
|
($150.1m)
-153.48%
|
($65.6m)
+56.26%
|
$150.4m
+329.10%
|
$160.4m
+6.68%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $13.6m | ($38.6m) | $2.8m | ($27.0m) | $466.6m | ($155.6m) | ($314.0m) | $171.5m | ($22.7m) | $42.5m | $228.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $514.9m | $200.9m | $372.5m | $349.7m | $392.3m | $228.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.0m | $2.2m | $3.7m | $5.2m | $2.4m | $1.2m | $3.4m | $15.7m | $20.2m | $16.4m | — | |
| Income Taxes Paid, Net | $7.1m | $7.7m | $6.7m | $7.6m | $4.7m | $5.6m | $8.4m | $9.3m | $5.5m | $5.1m | — | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | — | — | — | — | — | — | — | — | — | $1.9m | — | |
| Goodwill | $11.6m | $12.6m | $12.6m | $14.3m | $14.3m | $14.3m | $17.3m | $17.3m | $21.4m | $16.2m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $27.9m | $18.6m | $31.1m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $27.9m | $18.6m | $4.0m | — | |
| Income Tax Expense (Benefit) | $7.7m | $9.9m | $6.1m | $7.1m | $5.2m | $5.2m | $8.0m | $7.3m | $5.1m | $7.6m | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | $175.0m | $152.0m | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $645k | — | — | — | — | — | $10k | |
| Financing Receivable, Credit Loss, Expense (Reversal) | ($1.5m) | — | — | $250k | $810k | ($130k) | $1.4m | ($550k) | $447k | $348k | — | |
| Stock or Unit Option Plan Expense | — | — | — | $3.1m | — | — | — | — | — | — | — |