← CASS INFORMATION SYSTEMS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $24.3m $25.0m $30.3m $30.4m $25.2m $28.6m $34.9m $30.1m $19.2m $35.1m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — $27.9m $18.6m $31.1m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — $27.9m $18.6m $4.0m
Depreciation and amortization $3.7m $4.1m $4.4m $4.8m $5.3m $4.3m $4.0m $4.2m $5.2m $6.0m
Amortization of Intangible Assets $408k $427k $442k $563k $859k $859k $680k $780k $739k $1.2m
Depreciation $3.2m $3.6m $4.0m $4.2m $4.5m $4.3m $4.0m $4.2m $5.2m $6.0m
Depreciation, Amortization and Accretion, Net $9.4m $11.3m $11.2m $10.9m $11.3m $4.3m $4.0m $4.2m $5.2m $6.0m
Deferred Income Tax Expense (Benefit) $319k $4.0m ($3.5m) $1.2m ($874k) ($698k) ($1.2m) ($284k) ($1.0m) —
Share-based Payment Arrangement, Noncash Expense $2.0m $2.3m $3.0m $3.1m $2.3m $2.9m $6.7m $4.1m $3.2m $4.2m
Income Tax Expense (Benefit) $7.7m $9.9m $6.1m $7.1m $5.2m $5.2m $8.0m $7.3m $5.1m $7.6m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — $4.7m ($4.7m) ($988k) ($756k) $602k $2.5m $3.8m $3.3m $322k
Bank Owned Life Insurance Income — — — — — — — — — $1.9m
Debt and Equity Securities, Gain (Loss) — — ($42k) $19k $1.1m $51k $15k ($173k) ($45k) ($3.5m)
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — — $51k — — — —
Equipment Expense $4.5m $5.1m $5.6m $6.1m $6.6m $6.7m $6.7m $7.1m $8.3m $9.9m
Goodwill $11.6m $12.6m $12.6m $14.3m $14.3m $14.3m $17.3m $17.3m $21.4m $16.2m
Operating Expenses — — — — — — — — $175.0m $152.0m
Provision for Loan, Lease, and Other Losses — — — — $645k — — — — —
Financing Receivable, Credit Loss, Expense (Reversal) ($1.5m) — — $250k $810k ($130k) $1.4m ($550k) $447k $348k
Stock or Unit Option Plan Expense — — — $3.1m — — — — — —
Net Cash Provided by (Used in) Operating Activities ($3.5m) $38.9m $48.3m $42.1m $47.8m $34.5m $51.6m $36.9m $38.9m $37.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $4.7m $4.1m $4.4m $2.7m $2.0m $4.4m $5.9m $14.3m $9.3m $5.7m
Gain (Loss) on Sale of Investments — — — — — — — — — ($3.5m)
Net Cash Provided by (Used in) Investing Activities ($41.6m) ($139.8m) ($46.8m) ($75.8m) ($43.9m) ($528.5m) ($306.4m) $284.7m $4.0m ($145.3m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $43.5m $44.2m $38.1m $21.5m $63.8m $97.0m $61.2m $39.2m $153.2m $83.1m
Payments for Repurchase of Common Stock $9.2m $2.3m $8.8m $7.8m $6.8m $31.0m $5.3m $5.8m $7.2m $26.0m
Payments of Ordinary Dividends, Common Stock $10.0m $10.7m $13.2m $15.2m $15.6m $15.4m $15.4m $16.0m $16.5m $16.5m
Proceeds from (Payments for) Other Financing Activities ($1.4m) ($467k) ($945k) ($1.1m) ($1.1m) ($850k) ($594k) ($834k) ($1.7m) ($1.3m)
Net Cash Provided by (Used in) Financing Activities $19.9m $62.3m $1.3m $6.7m $462.7m $338.4m ($59.2m) ($150.1m) ($65.6m) $150.4m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $13.6m ($38.6m) $2.8m ($27.0m) $466.6m ($155.6m) ($314.0m) $171.5m ($22.7m) $42.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $514.9m $200.9m $372.5m $349.7m $392.3m
Cash, Cash Equivalents, and Short-term Investments — — — — — $514.9m $200.9m $372.5m $349.7m $392.3m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $2.0m $2.2m $3.7m $5.2m $2.4m $1.2m $3.4m $15.7m $20.2m $16.4m
Income Taxes Paid, Net $7.1m $7.7m $6.7m $7.6m $4.7m $5.6m $8.4m $9.3m $5.5m $5.1m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.