卡斯信息系统 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File No. 000-20827 CASS INFORMATION SYSTEMS, INC.(Exact name of registrant as specified in its charter) 43-1265338 12444 Powerscourt Drive, Suite 550St. Louis, Missouri (Address of principal executive offices)(Zip Code) (314) 506-5500(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Common stock, par value $.50CASSThe Nasdaq Global Select Market Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer," “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated FilerAccelerated FilerNon-Accelerated FilerSmaller Reporting CompanyEmerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). The number of shares outstanding of the registrant's only class of common stock as of May1, 2026: Common stock, par value$.50 per share – 12,871,149 shares outstanding. TABLE OF CONTENTS PART I – Financial InformationItem 1.FINANCIAL STATEMENTSConsolidated Balance Sheets March 31, 2026and December 31, 2025(unaudited)3Consolidated Statements of Income Three Months Ended March 31, 2026 and 2025 (unaudited)4Consolidated Statements of Comprehensive Income Three Months Ended March 31, 2026 and 2025(unaudited)5Consolidated Statements of Cash Flows Three Months Ended March 31, 2026 and 2025 (unaudited)6Consolidated Statements of Shareholders’ Equity Three Months Ended March 31, 2026 and 2025 (unaudited)7Notes to Consolidated Financial Statements (unaudited)8Item 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS22Item 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK34Item 4.CONTROLS AND PROCEDURES34PART II – Other Information – Items 1. – 6.35SIGNATURES37 Forward-looking Statements - Factors That May Affect Future Results This report may contain or incorporate by reference forward-looking statements made pursuant to the safe harbor provisions of Section27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although webelieve that, in making any such statements, our expectations are based on reasonable assumptions, forward-looking statements are notguarantees of future performance and involve risks, uncertainties, and other factors beyond our control, which may cause futureperformance to be materially different from expected performance summarized in the forward-looking statements. These risks,uncertainties and other factors are discussed in Part I, Item 1A, “Risk Factors” of the Company’s 2025 Annual Report on Form 10-K,filed with the Securities and Exchange Commission (“SEC”), which may be updated from time to time in our future filings with theSEC. We undertake no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, theoccurrence of anticipated or unanticipated events, or changes to future results over time. CASS INFORMATION SYSTEMS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(Unaudited) (Dollars in Thousands except Share and Per Share Data) CASS INFORMATION SYSTEMS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME(Unaudited) (Dollars in Thousands except Per Share Data) CASS INFORMATION SYSTEMS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited) CASS INFORMATION SYSTEMS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) CASS INFORMATION SYSTEMS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF SHAREHOLDE