Cass Information Systems Files 8-K on Operations

TL;DR

Cass Information Systems dropped an 8-K on April 18th covering financials and shareholder votes.

AI Summary

On April 18, 2024, Cass Information Systems, Inc. filed an 8-K report detailing the results of operations and financial condition. The filing also announced the submission of matters to a vote of security holders and other events. Cass Information Systems, Inc. is incorporated in Missouri and its principal executive offices are located in St. Louis.

Why It Matters

This 8-K filing provides investors with crucial updates on Cass Information Systems' financial performance and corporate governance matters, impacting their investment decisions.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report providing standard corporate information and does not indicate any immediate or significant risks.

Key Players & Entities

• Cass Information Systems, Inc. (company) — Registrant
• Missouri (location) — State of incorporation
• St. Louis (location) — Principal executive offices
• April 18, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.50 — ich registered Common Stock, par value $0.50 per share CASS Nasdaq Global Select Mar
• $0.30 — s declared a second quarter dividend of $0.30 per share payable on June 14, 2024 to s

Filing Documents

• cass-20240418.htm (8-K) — 45KB
• cass-20240331xexx991.htm (EX-99.1) — 168KB
• investorpresentationq120.htm (EX-99.2) — 26KB
• g19798g42m88.jpg (GRAPHIC) — 3KB
• investorpresentationq120001.jpg (GRAPHIC) — 128KB
• investorpresentationq120002.jpg (GRAPHIC) — 95KB
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• investorpresentationq120004.jpg (GRAPHIC) — 67KB
• investorpresentationq120005.jpg (GRAPHIC) — 125KB
• investorpresentationq120006.jpg (GRAPHIC) — 74KB
• investorpresentationq120007.jpg (GRAPHIC) — 83KB
• investorpresentationq120008.jpg (GRAPHIC) — 88KB
• investorpresentationq120009.jpg (GRAPHIC) — 50KB
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• investorpresentationq120011.jpg (GRAPHIC) — 91KB
• investorpresentationq120012.jpg (GRAPHIC) — 98KB
• investorpresentationq120013.jpg (GRAPHIC) — 100KB
• investorpresentationq120014.jpg (GRAPHIC) — 49KB
• investorpresentationq120015.jpg (GRAPHIC) — 103KB
• investorpresentationq120016.jpg (GRAPHIC) — 95KB
• investorpresentationq120017.jpg (GRAPHIC) — 89KB
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• investorpresentationq120019.jpg (GRAPHIC) — 82KB
• investorpresentationq120020.jpg (GRAPHIC) — 91KB
• investorpresentationq120021.jpg (GRAPHIC) — 91KB
• investorpresentationq120022.jpg (GRAPHIC) — 98KB
• investorpresentationq120023.jpg (GRAPHIC) — 90KB
• investorpresentationq120024.jpg (GRAPHIC) — 95KB
• 0000708781-24-000035.txt ( ) — 3522KB
• cass-20240418.xsd (EX-101.SCH) — 2KB
• cass-20240418_lab.xml (EX-101.LAB) — 22KB
• cass-20240418_pre.xml (EX-101.PRE) — 13KB
• cass-20240418_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On April 18, 2024, Cass Information Systems, Inc. (the "Company") issued a press release announcing its financial results for the first quarter of fiscal 2024. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Also on April 18, 2024, the Company made available on the Investors section of the Company's website at www.cassinfo.com, an investor presentation that includes information about the Company's business and developments and certain financial information relating to the first quarter of fiscal 2024. The information contained in the investor presentation is summary information that is intended to be considered in the context of the Company's Securities and Exchange Commission filings and other public announcements that the Company may make, by press release or otherwise, from time to time. A copy of this investor presentation is attached hereto as Exhibit 99.2 and incorporated herein by reference. The Company has used, and intends to continue using, the Investors portion of its website to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, investors are encouraged to monitor the Company's website in addition to following press releases, SEC filings, and public conference calls and webcasts. The information reported under this Item 2.02 of Form 8-K, including Exhibit 99.1 and Exhibit 99.2, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On April 16, 2024, the Company held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). The following is a summary of the matters voted on at the Annual Meeting: (a) Election of three directors to serve three-year terms ending in 2027, as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Robert A. Ebel 8,865,545 218,445 81,598 2,043,407 Randall L. Schilling 8,877,378 206,294 81,916 2,043,407 Franklin D. Wicks, Jr. 7,958,810 1,123,580 83,198 2,043,407 All director nominees were elected. (b) Advisory approval of the Company's executive compensation: Votes For Votes Against Abstentions Broker Non-Votes 8,807,549 178,200 179,839 2,043,407 The Company's executive compensation was approved by advisory vote. (c) Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2024: Votes For Votes Against Abstentions 11,073,391 108,064 27,540 The selection of KPMG LLP to serve as the Company's independent registered public accounting firm for 2024 was ratified. 2

01. Other Events

Item 8.01. Other Events. On April 16, 2024, the Company's Board of Directors declared a second quarter dividend of $0.30 per share payable on June 14, 2024 to shareholders of record on June 4, 2024.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release issued by Cass Information Systems, Inc. dated April 1 8 , 202 4 . 99.2 Investor presentation made available on the Investors section of the Company's website. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 18, 2024 CASS INFORMATION SYSTEMS, INC. By: /s/ Martin H. Resch Name: Martin H. Resch Title: President and Chief Executive Officer By: /s/ Michael J. Normile Name: Michael J. Normile Title: Executive Vice President and Chief Financial Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR