Cass Information Systems, Inc. Reports 3rd Quarter 2012 Earnings

Cass Information Systems, Inc. (NASDAQ:CASS) , the nation's leading provider of transportation, utility, telecom and environmental invoice payment and information services, reported third quarter 2012 earnings of $.58 per diluted share, matching earnings reported in the third quarter of 2011. Net income for the period was $6.1 million, identical to 2011 results.

		3rd Quarter				%		YTD				%
		2012		2011		Change		2012		2011		Change
Transportation Dollar Volume		$5.6 billion		$5.4 billion		2.9		$16.6 billion		$15.3 billion		9.0
Utility Dollar Volume		$2.8 billion		$2.9 billion		(5.2)		$7.8 billion		$8.2 billion		(4.3)
Revenues		$27.9 million		$27.3 million		2.1		$84.8 million		$80.0 million		5.9
Net Income		$6.1 million		$6.1 million		.5		$18.0 million		$17.5 million		2.5
Diluted Earnings per Share		$.58		$.58		--		$1.71		$1.68		1.8

2012 3rd Quarter Recap

Increased activity from base customers and new customers helped transportation dollar volume increase 3%. Utility dollar volume was down 5%, primarily due to lower rates for electricity and natural gas. Overall, year-to-year quarterly revenues grew 2% from $27.3 million to $27.9 million.

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