Net Income and Profitability - Net income for Q4 2024 was $4.6 million, a decrease of 45.4% from $8.4 million in Q4 2023, but an increase of 56.4% compared to Q3 2024[1] - Net income for Q4 2024 was $4,594 thousand, compared to $2,938 thousand in Q3 2024 and $8,410 thousand in Q4 2023[23] - Return on average equity increased to 7.88% in Q4 2024 from 5.04% in Q3 2024, but decreased from 16.06% in Q4 2023[29] Revenue and Fee Income - Total fee revenue for Q4 2024 was $30,976 thousand, a slight decrease from $31,230 thousand in Q3 2024 and $32,195 thousand in Q4 2023[23] - Total revenues for Q4 2024 were $50,371 thousand, slightly down from $50,550 thousand in Q3 2024 and $50,736 thousand in Q4 2023[23] Net Interest Income and Margin - Net interest income increased by $730,000 (4.3%) in Q4 2024, driven by a net interest margin increase to 3.55% from 3.30% in Q4 2023[9] - Net interest income for Q4 2024 was $17,764 thousand, compared to $17,618 thousand in Q3 2024 and $17,034 thousand in Q4 2023[23] - Net interest margin remained stable at 3.55% in Q4 2024 compared to Q3 2024, but increased from 3.30% in Q4 2023[29] - Average loan yield slightly decreased to 5.38% in Q4 2024 from 5.40% in Q3 2024, but increased from 4.95% in Q4 2023[29] Loans and Deposits - Loans increased by $67.7 million (6.7%) compared to December 31, 2023[14] - Average loans for Q4 2024 were $1,065,944 thousand, compared to $1,072,824 thousand in Q3 2024 and $1,025,259 thousand in Q4 2023[27] - Average deposits decreased by $19.0 million (1.8%) compared to Q4 2023, driven by client funds migration from non-interest bearing to interest-bearing accounts[16] - Total deposits as of December 31, 2024, were $967,916 thousand, down from $1,047,323 thousand in September 30, 2024, and $1,140,814 thousand in December 31, 2023[25] - Average non-interest bearing deposits for Q4 2024 were $399,778 thousand, down from $404,364 thousand in Q3 2024 and $464,924 thousand in Q4 2023[27] - Average cost of total deposits decreased to 1.77% in Q4 2024 from 1.98% in Q3 2024, but increased from 1.76% in Q4 2023[29] Transportation and Facility Expenses - Transportation dollar volumes in Q4 2024 were $9.0 billion, a decrease of 0.6% compared to Q4 2023 and 1.1% compared to Q3 2024[3] - Facility expense dollar volumes totaled $5.3 billion in Q4 2024, an increase of 9.1% compared to Q4 2023 but a decrease of 8.4% compared to Q3 2024[6] - Transportation dollar volume decreased to $8,994,440 in Q4 2024 from $9,097,739 in Q3 2024, but increased from $9,044,772 in Q4 2023[29] - Facility expense dollar volume decreased to $5,291,143 in Q4 2024 from $5,778,291 in Q3 2024, but increased from $4,848,064 in Q4 2023[29] Personnel and Operating Costs - Personnel expenses increased by $3.5 million (11.7%) in Q4 2024, including a one-time non-cash expense of $3.5 million related to the termination of the defined benefit pension plan[12] - The termination of the defined benefit pension plan is expected to reduce annual operating costs by approximately $1.0 million[12] Capital and Shareholder Equity - The company repurchased 79,713 shares of its stock at a weighted average price of $44.02[4] - Average shareholders' equity for Q4 2024 was $231,993 thousand, compared to $231,785 thousand in Q3 2024 and $207,834 thousand in Q4 2023[27] - Common equity tier 1 ratio decreased to 13.84% in Q4 2024 from 14.54% in Q3 2024 and 14.73% in Q4 2023[29] - Total risk-based capital ratio decreased to 14.61% in Q4 2024 from 15.31% in Q3 2024 and 15.49% in Q4 2023[29] - Leverage ratio decreased to 10.57% in Q4 2024 from 11.05% in Q3 2024 and 10.71% in Q4 2023[29] Assets and Liabilities - Total assets as of December 31, 2024, were $2,395,081 thousand, up from $2,260,760 thousand in September 30, 2024, but down from $2,478,622 thousand in December 31, 2023[25] - Average interest-earning assets for Q4 2024 were $2,022,794 thousand, compared to $2,001,740 thousand in Q3 2024 and $2,075,641 thousand in Q4 2023[27] Credit and Risk Management - Allowance for credit losses to loans remained stable at 1.24% in Q4 2024 compared to 1.25% in Q3 2024, but decreased from 1.29% in Q4 2023[29] Acquisitions and Investments - The company completed the acquisition of AcuAudit with a base purchase price of $3.0 million and an earnout based on annualized recurring revenue of $2.5 million[15]

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Cass Information Systems (CASS) due to lower revenues, with a focus on how actual results will compare to estimates [1][3]. Earnings Expectations - CASS is expected to report quarterly earnings of $0.44 per share, reflecting a year-over-year decrease of 27.9% [3]. - Revenues are projected to be $49.48 million, down 2.5% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.64% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for CASS matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the potential deviation of actual earnings from the consensus estimate, with a positive reading being a strong predictor of an earnings beat [6][7]. - CASS currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, CASS was expected to post earnings of $0.50 per share but only achieved $0.21, resulting in a surprise of -58% [12]. - Over the past four quarters, CASS has only beaten consensus EPS estimates once [13]. Industry Comparison - CACI International, another player in the Zacks Computer - Services industry, is expected to report earnings of $5.24 per share, indicating a year-over-year increase of 20.2% [17]. - CACI's revenues are projected to be $1.99 billion, up 8.3% from the previous year [17]. - Despite a recent EPS estimate revision of 3% higher, CACI has an Earnings ESP of -1.48%, complicating predictions for an earnings beat [18].

Core Viewpoint - Cass Information Systems (CASS) has experienced significant selling pressure, resulting in an 8.6% decline over the past four weeks, but analysts anticipate a rebound as the stock is now in oversold territory and expected to report better earnings than previously predicted [3]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with a reading below 30 indicating oversold conditions [4]. - CASS's current RSI reading is 28.76, suggesting that the heavy selling may be exhausting itself and a trend reversal could occur soon [5]. Group 2: Fundamental Indicators - There is a consensus among sell-side analysts to raise earnings estimates for CASS, leading to a 1.4% increase in the consensus EPS estimate over the last 30 days [6]. - CASS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [6].

Core Viewpoint - Cass Information Systems (CASS) has faced significant selling pressure, resulting in a 7.5% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2]. - CASS has an RSI reading of 26.92, suggesting that the heavy selling may be exhausting itself, which could lead to a price rebound as the stock seeks to return to its previous equilibrium [3]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding an increase in earnings estimates for CASS, with a 1.4% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6]. - CASS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [6].

Group 1 - Cass Information Systems (NASDAQ: CASS) has made recent investments aimed at improving efficiency and boosting margins, although the current situation remains challenging [1] - Despite the challenges faced, the stock price of CASS has increased by over 40% [1] Group 2 - The article does not provide additional relevant content regarding the industry or company beyond the key points summarized above [1]

Table of Contents ____________________ ____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________ FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File No. 000-20827 CASS INFORMATION SYSTEMS ...

Cass Information Systems (CASS) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -58%. A quarter ago, it was expected that this invoice and payment management company would post earnings of $0.53 per share when it actually produced earnings of $0.32, delivering a surprise of -39.62%. ...

Exhibit 99.1 Contact: Cass Investor Relations ir@cassinfo.com October 17, 2024 Cass Information Systems reports Third Quarter 2024 Results Third Quarter Results (All comparisons refer to the third quarter of 2023, except as noted) • Net income of $2.9 million, or $0.21 per diluted common share (includes $6.6 million of bad debt expense on a funding receivable related to a facility client). • Increase in net interest margin to 3.55%. • Increase in facility expense transaction volumes of 26.3%. • Increased qu ...

Table of Contents ____________________ ____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________ FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File No. 000-20827 CASS INFORMATION SYSTEMS, INC ...

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Given the way analysts feel about Cass Information Systems right now, ...