Cass Q4 2019 Earnings Report

Cass reported a decrease in EPS compared to the same quarter last year, but achieved record earnings for the full year.

Key Takeaways

Cass Information Systems reported Q4 2019 earnings of $0.43 per diluted share, a 9% decrease from Q4 2018. Net income for the quarter was $6.4 million, compared to $7.1 million in the previous year. Revenues increased slightly by 1.7% to $38.9 million. Despite the quarterly decline, the company reported record earnings for the full year.

Q4 2019 earnings per diluted share decreased by 9% to $0.43 compared to $0.47 in Q4 2018.

Net income for Q4 2019 was $6.4 million, down from $7.1 million in Q4 2018.

Revenues for Q4 2019 increased by 1.7% to $38.9 million compared to $38.3 million in Q4 2018.

Transportation volumes declined due to a difficult comparison against a robust 2018 and contraction in the manufacturing sector.

Total Revenue

$38.9M

Previous year: $38.3M