Cass Information Systems, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, reporting third-quarter net income of $10,574 thousand and nine-month net income of $29,993 thousand.

Key Highlights

  • Third-quarter net income: $10,574 thousand, compared with $9,106 thousand in the same quarter of 2025, according to the filing.
  • Nine-month net income: $29,993 thousand for the nine months ended September 30, 2026, versus $26,927 thousand for the same period of 2025.
  • Diluted earnings per share (Q3 2026): $0.81 per share, compared with $0.68 in Q3 2025.
  • Total net revenue (nine months): $151,740 thousand for the nine months ended September 30, 2026, up from $140,860 thousand in the prior-year period.
  • Total assets: $2,555,962 thousand as of September 30, 2026, down from $2,606,024 thousand at December 31, 2025.
  • Shares outstanding: 12,795,540 shares of common stock as of November 2, 2026, as reported on the cover page.
  • Total shareholders' equity: $226,039 thousand at September 30, 2026, compared with $242,998 thousand at December 31, 2025.

Cass Information Systems Q3 2026 Financial Results and Balance Sheet Position

According to the filing, Cass Information Systems (NASDAQ:CASS) reported third-quarter 2026 net income from continuing operations of $10,568 thousand, with an additional $6 thousand from discontinued operations, bringing total Q3 net income to $10,574 thousand. For the nine months ended September 30, 2026, net income from continuing operations was $29,882 thousand, and income from discontinued operations was $111 thousand, for a combined nine-month net income of $29,993 thousand. Basic earnings per share for the nine months were $2.34, and diluted earnings per share were $2.29, the company disclosed.

The filing reported total net revenue of $52,696 thousand for Q3 2026, compared with $50,056 thousand in Q3 2025. Net interest income for the third quarter was $22,892 thousand, up from $21,020 thousand in the year-ago quarter. Total fee revenue and other income was $29,593 thousand in Q3 2026 versus $28,843 thousand in Q3 2025. On the expense side, total operating expense for the quarter was $39,780 thousand, versus $38,441 thousand in Q3 2025. Income from continuing operations before income tax expense was $12,916 thousand for Q3 2026, the registrant reported.

As of September 30, 2026, the company disclosed total assets of $2,555,962 thousand, with loans net of allowance for credit losses of $1,051,121 thousand and investment securities available-for-sale at fair value of $802,463 thousand. Total deposits stood at $1,152,369 thousand, and accounts and drafts payable were $1,131,354 thousand. Accumulated other comprehensive loss widened to $(57,101) thousand at September 30, 2026 from $(26,751) thousand at December 31, 2025. The company held 2,699,623 treasury shares at September 30, 2026, compared with 2,588,135 at year-end 2025.

What Was Disclosed

Cass Information Systems filed its quarterly report covering the period ended September 30, 2026, disclosing income statements, a balance sheet, and cash flow statements on an unaudited basis. Total assets were $2,555,962 thousand and nine-month net income was $29,993 thousand.