Cass Information Systems, Inc. Reports Record 3rd Quarter 2011 Earnings With 8.5% Increase Over Q3 2010

Cass Information Systems, Inc. (NASDAQ:CASS), the nation's leading provider of transportation, utility and telecom invoice payment and information services, reported record third quarter 2011 earnings of $.64 per diluted share, an 8.5% increase over the $.59 per diluted share earned in the third quarter of 2010. Net income for the period was $6.1 million, an 8.6% increase over the $5.6 million reported in 2010.

		3 rd Quarter				%		YTD				%
		2011		2010		Change		2011		2010		Change
Transportation Dollar Volume		$5.4 billion		$4.5 billion		20.1		$15.3 billion		$12.5 billion		22.2
Utility Dollar Volume		$2.9 billion		$2.9 billion		2.0		$8.2 billion		$7.9 billion		3.1
Revenues		$27.3 million		$24.7 million		10.7		$80.0 million		$71.2 million		12.4
Net Income		$6.1 million		$5.6 million		8.6		$17.5 million		$15.2 million		15.0
Diluted Earnings per Share		$.64		$.59		8.5		$1.85		$1.61		14.9

2011 3 ^rd Quarter Recap

Increased activity from both base customers and new customers helped transportation dollar volume surge more than 20%, with utility dollar volume up 2%. Overall, revenues for the quarter grew to $27.3 million, an 11% increase over the $24.7 million posted in 2010.

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