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Cass Information Systems, Inc. Completes Record-Setting 2011; Posts Annual Earnings Of $23 Million, 13% Higher Than 2010

Cass Information Systems, Inc. (NASDAQ: CASS), the nation's leading provider of transportation, utility and telecom invoice payment and information services reports that it earned $2.21 per diluted share for the year ended December 31, 2011, a 13% increase over the $1.95 per diluted share earned in 2010. Total net income for 2011 was a record-setting $23 million, a 13% increase over the $20.3 million earned in 2010.

  4th Quarter  




    2011   2010   Change   2011   2010   Change
Transportation Dollar Volume   $5.3 billion   $4.5 billion   19.2%   $20.6 billion   $17.0 billion   21.4%
Utility Dollar Volume   $2.5 billion   $2.5 billion   (0.2)%   $10.7 billion   $10.5 billion   2.3%
Revenues   $26.5 million   $25.0 million   6.1%   $106.5 million   $96.2 million   10.7%
Net Income   $5.5 million   $5.1 million   8.1%   $23.0 million   $20.3 million   13.3%
Diluted Earnings per Share   $.53   $.48   10.4%   $2.21   $1.95   13.3%

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