Cass Information Systems Non-GAAP EPS of $0.81, revenue of $52.69M
- Cass Information Systems press release (CASS): Q3 Non-GAAP EPS of $0.81.
- Revenue of $52.69M.
Provision for Credit Losses – The Company recorded a release of credit losses of $211,000 during the third quarter of 2026 as compared to $193,000 in the third quarter of 2025. The release of credit losses for the third quarter of 2026 was driven by the decrease in loans as compared to June 30, 2026 of $38.3 million, or 3.5%, partially offset by the net impact to the allowance for loan losses related to a $508,000 charge-off of a nonperforming commercial real estate loan, the Company’s first loan charge-off in over a decade.
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