Cass Information Systems Reports Q2 2025 Results: Net Income Increases to $8.9M, EPS at $0.66, Net Interest Income Up 22.3%

Reuters
07/17
Cass Information Systems Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Income Increases to $8.9M, EPS at $0.66, Net Interest Income Up 22.3%

Cass Information Systems Inc. (Nasdaq: CASS) has announced its financial results for the second quarter of 2025. The company reported a net income of $8.9 million, translating to $0.66 per diluted common share. This marks a significant increase from the $4.5 million net income reported in the second quarter of 2024. The return on average equity rose to 15.35%, compared to 8.01% in the same period last year. Transportation invoice volumes slightly declined by 0.5% compared to the second quarter of 2024 but saw a 5.7% increase from the first quarter of 2025. Transportation dollar volumes reached $9.4 billion in the second quarter of 2025, reflecting a 3.2% increase from the second quarter of 2024 and an 8.4% rise from the first quarter of 2025. The average dollars per invoice increased to $1,060 from $1,034 in the same quarter last year. Net interest income saw a notable increase of $3.5 million, or 22.3%, attributed to an improved net interest margin of 3.78%, up from 3.32% in the previous year. Additionally, the company successfully closed the sale of its TEM business, resulting in a gain of $3.6 million, alongside a reduction in goodwill and other intangible assets by $5.1 million. This strategic move is expected to allow Cass to focus on its strengths in financial exchange and information processing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cass Information Systems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717159473) on July 17, 2025, and is solely responsible for the information contained therein.

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