Cass Info Sys | 8-K: FY2025 Q3 Revenue: USD 50.06 M

Revenue: As of FY2025 Q3, the actual value is USD 50.06 M.

EPS: As of FY2025 Q3, the actual value is USD 0.68, beating the estimate of USD 0.63.

EBIT: As of FY2025 Q3, the actual value is USD -9.405 M.

Financial Metrics by Segment

Segment Revenue

• The report does not provide specific segment revenue details.

Operational Metrics

• The report does not provide specific operational metrics such as net income, gross margin, operating profit, or operating margin.

Cash Flow

• The report does not provide specific cash flow details.

Unique Metrics

• The report does not provide any unique company-specific financial indicators.

Outlook / Guidance

• The report does not include any forward-looking statements or guidance.

Dividend Declaration

• The Company’s Board of Directors declared a fourth quarter dividend of $0.32 per share payable on December 15, 2025, to shareholders of record on December 5, 2025.

Net Income and Earnings Per Share

• Net income for the third quarter of 2025 was $9.1 million, with diluted earnings per share of $0.68.

Return on Equity and Assets

• Return on average equity was 15.29%, and return on average assets was 1.44% for the third quarter of 2025.

Net Interest Margin and Income

• Net interest margin increased to 3.87% from 3.55% in the prior year quarter.
• Net interest income increased by $3.4 million, or 19.3%, compared to the prior year quarter.

Facility and Transportation Volumes

• Facility expense dollar volumes increased by 13.9% compared to the third quarter of 2024, totaling $6.2 billion.
• Transportation dollar volumes increased by 2.0% to $9.3 billion, while transportation invoice volumes decreased by 3.0%.

Asset Quality

• The allowance for credit losses to loans ratio was 1.29%, with no loan charge-offs reported.

Share Repurchase and Dividend

• The company repurchased 159,587 shares at a weighted average price of $41.96 and increased the quarterly dividend by $0.01 to $0.32.

Financial Fees

• Financial fees declined by $601,000, or 5.5%, from Q3 2024 due to a lower average balance of payments in advance of funding of 13.4%.

Processing Fees

• Processing fees decreased by 0.2% compared to Q3 2024, reflecting lower transportation and facility transaction volumes.

Outlook / Guidance

• The company expects its new working capital solution to increase the average balance of payments in advance of funding in future quarters based on recent sales and pipeline activity.
• The company anticipates net interest income and margin growth as fixed rate interest-earning assets reprice in a higher interest rate environment.
• There is an opportunity to grow payment float and processing fees on the facility side given the compelling value proposition to large companies.