Cass Information Systems

Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: The world’s leading commercial solution is now approved for use by U.S. Government agencies ST. LOUIS, October 02, 2024--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), a leading provider of global payment solutions, has received a Multiple Award Schedule contract with the General Services Administration (GSA). This pre-approved contract enables government and federal agencies to efficiently award business to Cass for freight audit and payment services for all transportation modes. Cass, a provider of payment solutions for diverse spend categories, processed $90B in payables in 2023, including $38B in transportation payables. Mark Campbell, president of the Cass Government Payables group, noted, "Agencies who adopt this solution gain incredible benefits, including layers of financial control, complete spend visibility, and an optimized, highly automated process that spans from invoice receipt to payment and reporting. Additionally, they and their transportation service providers gain the benefit of optimized cash flow." To learn more, visit About Cass Information Systems Cass Information Systems, Inc. is a leading provider of integrated information and payment management solutions. Cass enables enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities, and other operations. Disbursing over $90 billion annually on behalf of clients, and with total assets of $2.3 billion, Cass is uniquely supported by Cass Commercial Bank. Founded in 1906 and a wholly owned subsidiary, Cass Commercial Bank provides sophisticated financial exchange services to the parent organization and its clients. Cass is part of the Russell 2000®. More information is available at www.cassinfo.com. View source version on businesswire.com: Contacts Tim Dolan314.304.8859tdolan@cassinfo.com

Cass Information Systems, Inc. (CASS) NASDAQ: CASS · Real-Time Price · USD 42.41 -0.38 (-0.89%) At close: Mar 11, 2025, 4:00 PM 31.48 -10.93 (-25.77%) After-hours: Mar 11, 2025, 7:36 PM EST In the year 2024, Cass Information Systems had annual revenue of $219.89M with 3.13% growth. Cass Information Systems had revenue of $55.08M in the quarter ending December 31, 2024, a decrease of -0.24%. Revenue / Employee $176,197 Revenue Chart Revenue History Fiscal Year End Revenue Change Growth Dec 31, 2024219.89M6.67M3.13% Dec 31, 2023213.23M25.92M13.84% Dec 31, 2022187.31M32.12M20.70% Dec 31, 2021155.19M7.06M4.77% Dec 31, 2020148.13M-14.55M-8.94% Dec 31, 2019 Pro Pro Pro Dec 31, 2018 Pro Pro Pro Dec 31, 2017 Pro Pro Pro Dec 31, 2016 Pro Pro Pro Dec 31, 2015 Pro Pro Pro Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases. Revenue Definition Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits. Full Definition

Contract directly through their Cass account team. To learn more, visit www.cassinfo.com/freight-audit-payment/services/market-intelligence-with-sonar-sci.About Cass Information SystemsCass Information Systems, Inc. is a leading provider of integrated information and payment management solutions. Cass enables enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities, and other operations. Disbursing over $90 billion annually on behalf of clients, and with total assets of $2.3 billion, Cass is uniquely supported by Cass Commercial Bank. Founded in 1906 and a wholly owned subsidiary, Cass Commercial Bank provides sophisticated financial exchange services to the parent organization and its clients. Cass is part of the Russell 2000®. More information is available at www.cassinfo.com.About FreightWaves SONARFreightWaves SONAR is the leading provider of high-frequency, global supply chain intelligence for the freight and logistics industry. SONAR’s price, demand and capacity data allow customers to benchmark, analyze, monitor and forecast the global physical economy. SONAR adheres to IOSCO principles for developing freight benchmarks, ensuring confidence in the data integrity while helping firms de-risk exposure to freight market conditions. Our mission is to bring transparency to all parts of the supply chain for better decision-making and performance. Learn more at sonar.freightwaves.com.

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) and FreightWaves SONAR, the leader in supply chain intelligence, are excited to announce a strategic partnership designed to benefit the freight and logistics industry.Cass, a premier provider of freight audit and payment solutions, is proud to announce its position as a critical channel partner for the SONAR Supply Chain Intelligence (SCI) tool, enabling Cass customers to easily access industry rate information and compare their own data for effective benchmarking purposes. Cass is an exclusive partner for SONAR SCI in the freight audit and payment space.The partnership will also allow Cass customers to directly access their data within the SCI platform, streamlining the process for greater efficiency and allowing them to easily benchmark their truckload freight network across both cost and service dynamics, see their level of financial risk, and assess their company’s Scope 3 carbon emissions based on the total number of moves.“This partnership is exciting because it gives Cass clients a pathway to further optimize the data assets they gain through the freight audit and payment process,” says Tony Urban, president of Cass’s freight payment organization. “Adding SONAR SCI to our Decision Intelligence Suite is extremely powerful for those interested in staying vigilant over their transportation costs – which is all of our clients.”“SONAR is dedicated to continuous improvement of the experience for our customers, and our partnership with Cass ensures that our mutual clients will have access to the best available data to optimize their supply chain networks,” says Spencer Piland, COO & CFO of FreightWaves SONAR. “The partnership provides mutual customers with a way to easily understand how their rates compare against the industry so they can more effectively benchmark, analyze, monitor and forecast for better supply chain planning.”Cass customers can easily add SONAR SCI to their existing Cass