Cass Info Sys

Q2 FY2026 EarningsCASS FY26 Q2 beat consensus on the bottom line, with Diluted EPS of $0.81 vs. $0.72 expected. While total fee revenue and other income of $28.9M missed the $51.0M consensus significantly, this was offset by robust Net Interest Income of $21.5B (up 10.6% YoY) and a $1.8M bad debt recovery. The core variance stemmed from the exit of the TEM business in FY25, which reduced processing fees, though net interest margin expansion to 4.00% and efficient expense management supported the earnings beat.