Cass Information Systems, Inc. (NASDAQ: CASS) today reported its third‑quarter 2025 earnings. Net income from continuing operations was $9.212 million, up from $5.160 million in the same period a year earlier, and diluted earnings per share from continuing operations were $0.69, compared with $0.38 a year ago. The company’s net interest margin improved to 3.87% from 3.55% in the prior year, driven by a $3.4 million increase in net interest income.
Transportation invoice volumes for the quarter were 8.9 million, a 3.0% decline from the third quarter of 2024, while transportation dollar volumes rose 2.0% to $9.3 billion. Facility expense invoice volumes were 4.1 million, down 2.2% from the same period last year, but facility dollar volumes increased 13.9% to $6.2 billion. Processing fees fell $31,000 (0.2%) and financial fees fell $601,000 (5.5%) due to lower transaction volumes and changes in payment practices.
On October 21, 2025, the Board of Directors approved an increase in the quarterly dividend to $0.32 per share, effective with the dividend payable on December 15, 2025. The dividend increase reflects the company’s strong cash flow and commitment to returning value to shareholders.
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