Cass Information Systems, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $35.1M | $19.2M | $30.1M | $34.9M | $28.6M | $25.2M | $30.4M | $30.3M |
| Depreciation & Amortization | — | — | — | — | — | $11.3M | $10.9M | $11.2M |
| Depreciation | $6.0M | $5.0M | $4.0M | $4.0M | $4.3M | $4.5M | $4.2M | $4.0M |
| Amortization | $1.2M | $692.0K | $692.0K | $680.0K | $859.0K | $859.0K | $563.0K | $442.0K |
| Stock-Based Compensation | $4.2M | $3.1M | $4.0M | $6.7M | $2.9M | $2.3M | $3.1M | $3.0M |
| Net Cash from Operating Activities | $37.4M | $38.9M | $36.9M | $51.6M | $34.5M | $47.8M | $42.1M | $48.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.7M | $8.5M | $11.9M | $5.9M | $4.4M | $2.0M | $2.7M | $4.4M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $2.8M | — |
| Net Cash from Investing Activities | $-145.3M | $4.0M | $284.7M | $-306.4M | $-528.5M | $-43.9M | $-75.8M | $-46.8M |
| Financing Activities | ||||||||
| Dividends Paid | $16.5M | $16.5M | $16.0M | $15.4M | $15.4M | $15.6M | $15.2M | $13.2M |
| Stock Repurchases | $26.0M | $7.2M | $5.8M | $5.3M | $31.0M | $6.8M | $7.8M | $8.8M |
| Net Cash from Financing Activities | $150.4M | $-65.6M | $-150.1M | $-59.2M | $338.4M | $462.7M | $6.7M | $1.3M |
| Net Change in Cash | $42.5M | $-22.7M | $171.5M | $-314.0M | $-155.6M | $466.6M | $-27.0M | $2.8M |
| Free Cash Flow | $31.8M | $30.4M | $25.0M | $45.7M | $30.2M | $45.8M | $39.4M | $43.9M |