Cass Information Q3 revenue up 5%, driven by higher transportation dollar volumes
CASS•Cass Information’s third-quarter revenue rose 5% year over year, while net income increased 16% and earnings per share rose 19%. The company raised its quarterly dividend by $0.02 to $0.34 per share.
1. Quarterly results
Cass Information reported third-quarter revenue growth of 5% year over year, driven by higher transportation dollar volumes and net interest income. Transportation dollar volumes rose 14.5%, net interest income increased 8.9%, and financial fees grew 11.8%.
2. Outlook and dividend
The company raised its quarterly dividend by $0.02 to $0.34 per share. It expects loans at Dec. 31, 2026, to be flat with Sept. 30, 2026, and forecasts loan growth of 6% to 8% in 2027 and longer term. Cass anticipates higher operating expense growth in the fourth quarter of 2026 and in 2027 due to onboarding and technology investments.
