Cass Info Sys

Q2 FY2026 EarningsQ2 FY26 net income from continuing operations reached a record $10.6M, up 105% YoY. Net interest margin expanded to 4.00% (+22bps YoY), driven by higher loan yields and lower deposit costs. Transportation dollar volumes grew 7.4% despite a 1.9% dip in invoice volume, reflecting higher freight rates. Personnel expenses decreased 2.4% YoY due to a 9.0% reduction in FTEs through automation. Diluted EPS was $0.81, with non-GAAP adjusted EPS at $0.71, up 22.4% YoY.