CASS Cass Information Systems, Inc - Common Stock
$57.94
Price · Aug 19, 2026
Fundamentals as of Aug 5, 2026
52W Range
$36–$59
95% of range
Analyst Rating
BUY
8 analysts
Price Target
$60
+3% upside
P/E (TTM)
22.2
ROE
14.5%
Net Profit Margin
18.4%
CASS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$57.94
Market Cap
$748M
P/E (TTM)
22.2
EPS (TTM)
$2.61
Revenue (TTM)
$191M
Div Yield
2.2%
ROE
14.5%
Debt/Equity
—
52W Range
$36 – $59
CASS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$191M
2023-12-31
→
2025-12-31
EPS
$2.61
2023-12-31
→
2025-12-31
Free Cash Flow
$32M
2023-12-31
→
2025-12-31
Margins
18.4%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
CASS
Peer Median
P/E (TTM)
22.2
19.8
P/S (TTM)
3.9
1.1
P/B
3.1
2.5
Price / FCF
23.6
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
CASS
Peer Median
Net Profit Margin
18.4%
5.8%
ROA
1.4%
2.5%
ROE
14.5%
15.1%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
CASS
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
CASS
Peer Median
Revenue YoY
5.3%
—
Revenue CAGR 3Y
1.5%
—
Revenue CAGR 5Y
5.6%
—
EPS YoY
87.8%
—
Net Income YoY
83.2%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
CASS
Peer Median
Payout Ratio
47.0%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
2.2%
Payout Ratio
47.0%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 5, 2026 | $0.3200 |
| March 3, 2026 | $0.3200 |
| Dec. 5, 2025 | $0.3200 |
| Sept. 5, 2025 | $0.3100 |
| June 3, 2025 | $0.3100 |
| March 4, 2025 | $0.3100 |
| Dec. 3, 2024 | $0.3100 |
| Sept. 3, 2024 | $0.3000 |
| June 4, 2024 | $0.3000 |
| March 4, 2024 | $0.3000 |
| Dec. 4, 2023 | $0.3000 |
| Sept. 1, 2023 | $0.2900 |
| June 2, 2023 | $0.2900 |
| March 2, 2023 | $0.2900 |
| Dec. 2, 2022 | $0.2900 |
| Sept. 1, 2022 | $0.2800 |
| June 2, 2022 | $0.2800 |
| March 3, 2022 | $0.2800 |
| Dec. 2, 2021 | $0.2800 |
| Sept. 2, 2021 | $0.2700 |
CASS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
8 analysts
- Strong Buy 2 25.0%
- Buy 4 50.0%
- Hold 2 25.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
2 analysts · 2026-08-16
Median
$59.50
← Below all targets
$57.94
Low
$58.00
High
$61.00
Median target
$59.50
+2.7%
Mean target
$59.50
+2.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.03%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.94 | $0.74 | 0.20% |
| March 31, 2026 | $0.67 | $0.63 | 0.04% |
| Dec. 31, 2025 | $0.62 | $0.65 | -0.03% |
| Sept. 30, 2025 | $0.68 | $0.68 | -0.00% |
| June 30, 2025 | $0.66 | $0.73 | -0.07% |
| March 31, 2025 | $0.66 | $0.61 | 0.05% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CASS | $536M | 15.9 | 5.3% | 18.4% | 14.5% | — |
| FLYW | $1.70B | 128.7 | 26.6% | 2.2% | 1.7% | — |
| MQ | $2.05B | — | 23.2% | -2.2% | -1.7% | 70.0% |
| PAYS | $284M | 39.6 | 40.5% | 9.2% | 16.7% | 59.4% |
| PRTH | $446M | 8.0 | 8.3% | 5.8% | -41.7% | — |
| IMXI | — | 14.2 | -7.7% | — | — | — |
| RPAY | — | -1.2 | -1.2% | — | — | — |
| RTB | — | — | — | — | — | — |
| V | — | — | 11.3% | 50.1% | 52.8% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191M | $181M | $177M | $182M | $154M | $145M | $157M | $148M | $135M | $126M | $121M | $117M | |
| Operating Expenses | $152M | $158M | $143M | $140M | · | · | · | · | · | · | · | · | |
| Interest Expense | · | $20M | $16M | $3M | $1M | $2M | $5M | $4M | $2M | $2M | $2M | $2M | |
| Interest Income | $98M | $88M | $83M | $62M | $45M | $48M | $53M | $48M | $42M | $40M | $39M | $40M | |
| Pretax Income | $39M | $23M | $34M | $43M | $34M | $30M | $37M | $36M | $35M | $32M | $31M | $32M | |
| Income Tax | $8M | $5M | $7M | $8M | $5M | $5M | $7M | $6M | $10M | $8M | $8M | $8M | |
| Net Income | $35M | $19M | $30M | $35M | $29M | $25M | $30M | $30M | $25M | $24M | $23M | $24M | |
| EPS (Basic) | $2.66 | $1.42 | $2.22 | $2.58 | $2.03 | $1.75 | $2.11 | $2.06 | $1.70 | $1.65 | $1.85 | $2.09 | |
| EPS (Diluted) | $2.61 | $1.39 | $2.18 | $2.53 | $2.00 | $1.73 | $2.07 | $2.03 | $1.68 | $1.63 | $1.82 | $2.06 | |
| Shares (Basic) | 13,181,884 | 13,501,930 | 13,530,005 | 13,552,503 | 14,091,773 | 14,364,406 | 14,434,445 | 14,675,136 | 14,700,558 | 14,718,228 | 12,494,466 | 11,479,025 | |
| Shares (Diluted) | 13,463,299 | 13,777,571 | 13,816,016 | 13,808,029 | 14,329,876 | 14,566,947 | 14,691,925 | 14,914,202 | 14,915,890 | 14,925,106 | 12,670,250 | 11,643,979 | |
| EBITDA | · | · | · | · | · | $11M | $11M | $11M | $11M | $9M | $9M | $8M |
Balance Sheet 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $392M | $350M | $372M | $201M | $515M | $671M | $204M | $231M | $228M | $267M | $253M | $294M | |
| Short-term Investments | $366M | $330M | $352M | $180M | $503M | $640M | $423M | $442M | $471M | $391M | $376M | $356M | |
| PP&E (Net) | $29M | $31M | $30M | $20M | $18M | $18M | $21M | $22M | $22M | $21M | $20M | $17M | |
| PP&E (Gross) | $84M | $83M | $79M | $64M | $59M | $54M | $52M | $57M | $52M | $48M | $44M | $39M | |
| Accum. Depreciation | $55M | $52M | $49M | $44M | $40M | $36M | $32M | $35M | $31M | $27M | $24M | $22M | |
| Goodwill | $16M | $16M | $12M | $17M | $14M | $14M | $14M | $13M | $13M | $12M | $12M | $12M | |
| Intangibles | $4M | $5M | $3M | $4M | $3M | $3M | $4M | $2M | $2M | $2M | $2M | $3M | |
| Total Assets | $2.61B | $2.40B | $2.48B | $2.57B | $2.55B | $2.20B | $1.76B | $1.70B | $1.60B | $1.50B | $1.46B | $1.50B | |
| Short-term Debt | · | · | · | · | · | · | $18M | · | · | · | · | · | |
| Total Liabilities | $2.36B | $2.17B | $2.25B | $2.37B | $2.31B | $1.94B | $1.52B | $1.47B | $1.43B | $1.30B | $1.25B | $1.30B | |
| Total Debt | · | · | · | · | · | · | $18M | · | · | · | · | · | |
| Common Stock | · | · | · | · | $8M | $8M | $8M | $8M | $7M | $6M | $6M | $6M | |
| Retained Earnings | $167M | $148M | $146M | $132M | $112M | $99M | $90M | $75M | $59M | $118M | $104M | $91M | |
| Treasury Stock | $112M | $88M | $84M | $81M | $79M | $51M | $45M | $40M | $32M | $30M | $22M | $13M | |
| AOCI | $-27M | $-45M | $-47M | $-59M | $453.0K | $-15.0K | $-14M | $-19M | $-13M | $-15M | $-7M | $-10M | |
| Stockholders' Equity | $243M | $229M | $230M | $206M | $246M | $261M | $244M | $230M | $225M | $208M | $207M | $200M | |
| Liabilities + Equity | $2.61B | $2.40B | $2.48B | $2.57B | $2.55B | $2.20B | $1.76B | $1.70B | $1.66B | $1.50B | $1.46B | $1.50B | |
| Shares Outstanding | 12,917,637 | 13,504,104 | 13,582,375 | 13,669,656 | 13,734,295 | 14,392,669 | · | · | · | · | · | · |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | $11M | $11M | $11M | $11M | $9M | $9M | $8M | |
| Stock-based Comp | $4M | $3M | $4M | $7M | $3M | $2M | $3M | $3M | $2M | $2M | $2M | $2M | |
| Deferred Tax | · | $-1M | $-284.0K | $-1M | $-698.0K | $-874.0K | $1M | $-4M | $4M | $319.0K | $-137.0K | $-621.0K | |
| Amort. of Intangibles | $1M | $692.0K | $692.0K | $680.0K | $859.0K | $859.0K | $563.0K | $442.0K | $427.0K | $408.0K | $408.0K | $483.0K | |
| Other Non-cash | · | · | · | · | · | $10M | $-4M | $7M | $-4M | $-866.0K | $-344.0K | $1M | |
| Operating Cash Flow | $37M | $39M | $37M | $52M | $35M | $48M | $42M | $48M | $39M | $35M | $33M | $35M | |
| CapEx | $6M | $9M | $12M | $6M | $4M | $2M | $3M | $4M | $4M | $5M | $6M | $6M | |
| Investing Cash Flow | $-145M | $4M | $285M | $-306M | $-529M | $-44M | $-76M | $-47M | $-140M | $-42M | $-4M | · | |
| Stock Repurchased | $26M | $7M | $6M | $5M | $31M | $7M | $8M | $9M | $2M | $9M | $11M | $2M | |
| Net Stock Activity | $-26M | $-7M | $-6M | $-5M | $-31M | $-7M | $-8M | $-9M | $-2M | $-9M | $-11M | $-2M | |
| Dividends Paid | $17M | $16M | $16M | $15M | $15M | $16M | $15M | $13M | $11M | $10M | $10M | $9M | |
| Financing Cash Flow | $150M | $-66M | $-150M | $-59M | $338M | $463M | $7M | $1M | $62M | $20M | $-71M | · | |
| Net Change in Cash | $43M | $-23M | $172M | $-314M | $-156M | $467M | $-27M | $3M | $-39M | $14M | $-41M | $69M | |
| Taxes Paid | $5M | $6M | $9M | $8M | $6M | $5M | $8M | $7M | $8M | $7M | $8M | $8M | |
| Free Cash Flow | $32M | $30M | $23M | $46M | $30M | $46M | $39M | $44M | $35M | $31M | $28M | $29M | |
| Levered FCF | · | $14M | $10M | $43M | $29M | $44M | $35M | $41M | $33M | $29M | $26M | $27M |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 18.4% | 9.6% | 15.2% | 19.1% | 18.6% | 17.4% | 19.3% | 20.4% | 18.5% | 19.4% | 19.1% | 20.5% | |
| Pretax Margin | 20.3% | 12.2% | 18.9% | 23.5% | 21.9% | 20.9% | 23.8% | 24.5% | 25.8% | 25.5% | 25.7% | 27.1% | |
| EBITDA Margin | · | · | · | · | · | 7.8% | 7.0% | 7.6% | 8.4% | 7.5% | 7.3% | 7.0% | |
| ROA | 1.4% | 0.82% | 1.2% | 1.4% | 1.2% | 1.2% | 1.7% | 1.8% | 1.6% | 1.6% | 1.6% | 1.6% | |
| ROE | 14.5% | 8.2% | 13.8% | 17.5% | 11.6% | 9.8% | 12.4% | 13.2% | 11.6% | 11.7% | 11.3% | 12.3% |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | · | · | · | · | · | · | 0.1 | · | · | · | · | · |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 5.3% | 2.4% | -3.0% | 18.4% | 6.3% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 1.5% | 5.5% | 6.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 5.6% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 87.8% | -36.2% | -13.8% | 26.5% | 15.6% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 1.0% | -11.4% | 8.0% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 8.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 83.2% | -36.2% | -13.9% | 22.0% | 13.6% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 0.20% | -12.5% | 6.1% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 6.9% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 1.1% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $191M | $181M | $177M | $182M | $154M | $145M | $157M | $148M | $135M | $126M | $121M | $117M | |
| Net Income TTM | $35M | $19M | $30M | $35M | $29M | $25M | $30M | $30M | $25M | $24M | $23M | $24M | |
| Market Cap | $536M | $552M | $612M | $626M | $540M | · | · | · | · | · | · | · | |
| P/E | 15.9 | 29.4 | 20.7 | 18.1 | 19.7 | 22.5 | 27.9 | 26.1 | 28.9 | 34.2 | 21.4 | 19.6 | |
| P/S | 2.8 | 3.0 | 3.5 | 3.4 | 3.5 | · | · | · | · | · | · | · | |
| P/B | 2.2 | 2.4 | 2.7 | 3.0 | 2.2 | · | · | · | · | · | · | · | |
| P / Tangible Book | 2.4 | 2.7 | 2.9 | 3.4 | 2.4 | · | · | · | · | · | · | · | |
| P / Cash Flow | 14.3 | 14.2 | 16.6 | 12.1 | 15.6 | · | · | · | · | · | · | · | |
| P / FCF | 16.9 | 18.7 | 27.1 | 13.7 | 17.9 | · | · | · | · | · | · | · | |
| Dividend Yield | 3.1% | 3.0% | 2.6% | 2.5% | 2.9% | · | · | · | · | · | · | · | |
| Earnings Yield | 6.3% | 3.4% | 4.8% | 5.5% | 5.1% | 4.5% | 3.6% | 3.8% | 3.5% | 2.9% | 4.7% | 5.1% | |
| Payout Ratio | 47.0% | 85.9% | 53.1% | 44.2% | 54.0% | 62.0% | 50.1% | 43.5% | 42.7% | 41.0% | 42.1% | 38.9% | |
| Annual Payout | $17M | $16M | $16M | $15M | $15M | $16M | $15M | $13M | $11M | $10M | $10M | $9M |
Income Statement 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50M | $49M | $50M | $50M | $44M | $46M | $46M | $47M | $44M | $45M | $30M | $49M | $48M | $49M | $49M | $47M | |
| Operating Expenses | $37M | $38M | $40M | $38M | $38M | $36M | $40M | $43M | $38M | $36M | · | · | · | · | · | · | |
| Interest Expense | $4M | $4M | · | $4M | $4M | $4M | · | $5M | $5M | $5M | · | $5M | $4M | $3M | $2M | $782.0K | |
| Interest Income | $26M | $25M | $25M | $25M | $24M | $23M | $22M | $23M | $21M | $22M | $22M | $21M | $20M | $20M | $19M | $17M | |
| Pretax Income | $13M | $11M | $10M | $12M | $6M | $11M | $5M | $4M | $6M | $9M | $7M | $9M | $9M | $9M | $11M | $11M | |
| Income Tax | $3M | $2M | $2M | $2M | $1M | $2M | $1M | $736.0K | $1M | $2M | $1M | $2M | $2M | $2M | $2M | $2M | |
| Net Income | $11M | $9M | $8M | $9M | $9M | $9M | $5M | $3M | $4M | $7M | $8M | $7M | $7M | $7M | $9M | $9M | |
| EPS (Basic) | $0.83 | $0.69 | $0.63 | $0.69 | $0.67 | $0.67 | $0.34 | $0.22 | $0.33 | $0.53 | $0.62 | $0.55 | $0.53 | $0.52 | $0.69 | $0.65 | |
| EPS (Diluted) | $0.81 | $0.67 | $0.61 | $0.68 | $0.66 | $0.66 | $0.34 | $0.21 | $0.32 | $0.52 | $0.61 | $0.54 | $0.52 | $0.51 | $0.67 | $0.64 | |
| Shares (Basic) | 12,804,520 | 12,874,755 | -26,601,930 | 13,116,216 | 13,278,674 | 13,398,183 | -27,070,785 | 13,504,204 | 13,538,283 | 13,530,228 | -27,124,282 | 13,501,469 | 13,553,346 | 13,599,472 | -27,110,396 | 13,542,231 | |
| Shares (Diluted) | 13,068,708 | 13,151,971 | -27,096,912 | 13,399,355 | 13,561,813 | 13,643,277 | -27,615,779 | 13,785,997 | 13,822,076 | 13,785,277 | -27,694,035 | 13,792,611 | 13,854,042 | 13,863,398 | -27,612,073 | 13,804,337 |
Balance Sheet 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $228M | $244M | $392M | $259M | $218M | $221M | $350M | $231M | $224M | $193M | · | $408M | $270M | $210M | · | $347M | |
| Short-term Investments | $187M | $209M | $366M | $228M | $213M | $208M | $330M | $201M | $218M | $175M | · | $385M | $243M | $182M | · | $332M | |
| PP&E (Net) | $30M | $30M | $29M | $30M | $31M | $32M | $31M | $34M | $33M | $33M | · | $26M | $24M | $21M | · | $19M | |
| PP&E (Gross) | · | · | $84M | · | · | · | $83M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $55M | · | · | · | $52M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $16M | $16M | $16M | $16M | $16M | $16M | $16M | $17M | $17M | $17M | $12M | $17M | $17M | $17M | $17M | $17M | |
| Intangibles | $3M | $3M | $4M | $4M | $4M | $5M | $5M | $3M | $3M | $3M | · | $4M | $4M | $4M | · | $4M | |
| Total Assets | $2.52B | $2.53B | $2.61B | $2.45B | $2.32B | $2.32B | $2.40B | $2.26B | $2.28B | $2.29B | $2.48B | $2.50B | $2.47B | $2.43B | $2.57B | $2.61B | |
| Total Liabilities | $2.27B | $2.29B | $2.36B | $2.21B | $2.08B | $2.08B | $2.17B | $2.02B | $2.05B | $2.06B | · | $2.30B | $2.26B | $2.21B | · | $2.42B | |
| Retained Earnings | $178M | $172M | $167M | $163M | $158M | $153M | $148M | $148M | $149M | $149M | · | $141M | $138M | $135M | · | $126M | |
| Treasury Stock | $117M | $114M | $112M | $104M | $97M | $91M | $88M | $84M | $82M | $82M | · | $84M | $81M | $79M | · | $82M | |
| AOCI | $-31M | $-30M | $-27M | $-29M | $-33M | $-40M | $-45M | $-39M | $-50M | $-49M | · | $-67M | $-56M | $-52M | · | $-66M | |
| Stockholders' Equity | $245M | $242M | $243M | $243M | $241M | $234M | $229M | $238M | $230M | $229M | $230M | $206M | $215M | $218M | $206M | $192M | |
| Liabilities + Equity | $2.52B | $2.53B | $2.61B | $2.45B | $2.32B | $2.32B | $2.40B | $2.26B | $2.28B | $2.29B | · | $2.50B | $2.47B | $2.43B | · | $2.61B | |
| Shares Outstanding | 12,806,149 | 12,869,521 | 12,917,637 | 13,120,318 | 13,279,905 | 13,423,824 | 13,504,104 | 13,582,282 | 13,645,248 | 13,627,848 | · | 13,596,490 | 13,668,077 | 13,712,093 | · | 13,660,388 |
Cash Flow 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $3M | |
| Stock-based Comp | $1M | $1M | $1M | $1M | $918.0K | $1M | $544.0K | $863.0K | $450.0K | $1M | $210.0K | $938.0K | $909.0K | $2M | $2M | $1M | |
| Deferred Tax | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $-1M | $0 | |
| Amort. of Intangibles | $293.0K | $293.0K | $293.0K | $293.0K | $293.0K | $293.0K | $173.0K | $173.0K | $173.0K | $173.0K | $107.0K | $195.0K | $195.0K | $195.0K | $195.0K | $195.0K | |
| Operating Cash Flow | $17M | $15M | $5M | $12M | $-1M | $22M | $19M | $-199.0K | $11M | $10M | $8M | $12M | $8M | $9M | $11M | $10M | |
| CapEx | $3M | $2M | $717.0K | $1M | $1M | $3M | $191.0K | $3M | $3M | $3M | $3M | $3M | $4M | $2M | $2M | $877.0K | |
| Investing Cash Flow | $41M | $-145M | $818.0K | $-96M | $21M | $-71M | $-172.0K | $-8M | $85M | $-72M | $90M | $31M | $60M | $104M | $-57M | $-86M | |
| Stock Repurchased | $3M | $3M | $8M | $7M | $6M | $5M | $4M | $3M | $0 | $1M | $561.0K | $3M | $2M | $0 | $0 | $0 | |
| Net Stock Activity | · | $-3M | · | · | · | $-5M | · | · | · | $-1M | · | · | · | $0 | · | · | |
| Dividends Paid | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Financing Cash Flow | $-74M | $-18M | $128M | $124M | $-22M | $-80M | $101M | $15M | $-64M | $-118M | $-134M | $95M | $-7M | $-104M | $-100M | $162M | |
| Taxes Paid | $1M | $22.0K | $246.0K | $217.0K | $5M | $49.0K | $1M | $1M | $3M | $61.0K | $3M | $2M | $4M | $139.0K | $3M | $3M | |
| Free Cash Flow | · | $13M | · | · | · | $19M | · | · | · | $6M | · | · | · | $7M | · | · | |
| Levered FCF | · | $10M | · | · | · | · | · | · | · | $2M | · | · | · | $5M | · | · |
Profitability 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 21.2% | 18.0% | · | 18.2% | 19.9% | 19.3% | · | 5.8% | 9.2% | 14.4% | · | 15.0% | 14.8% | 14.4% | · | 18.6% | |
| Pretax Margin | 26.4% | 22.2% | · | 23.2% | 14.1% | 23.4% | · | 7.2% | 11.9% | 18.1% | · | 18.6% | 18.4% | 18.2% | · | 23.1% | |
| ROA | 0.44% | 0.36% | · | 0.39% | 0.39% | 0.39% | · | 0.12% | 0.19% | 0.30% | · | 0.29% | 0.29% | 0.29% | · | 0.36% | |
| ROE | 4.4% | 3.7% | · | 3.8% | 3.8% | 3.9% | · | 1.3% | 2.0% | 3.2% | · | 3.7% | 3.4% | 3.3% | · | 4.0% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 |
Valuation (TTM) 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $193M | $190M | · | $187M | $181M | $182M | · | $185M | $187M | $192M | · | $194M | $189M | $183M | · | $172M | |
| Net Income TTM | $37M | $36M | · | $30M | $25M | $24M | · | $22M | $26M | $29M | · | $30M | $32M | $33M | · | $32M | |
| Market Cap | $657M | $567M | · | $516M | $577M | $581M | · | $563M | $547M | $656M | · | $506M | $530M | $594M | · | $474M | |
| P/E | 18.2 | 16.5 | · | 17.8 | 23.5 | 25.3 | · | 26.1 | 21.1 | 23.0 | · | 16.9 | 16.9 | 18.3 | · | 14.8 | |
| P/S | 3.4 | 3.0 | · | 2.8 | 3.2 | 3.2 | · | 3.0 | 2.9 | 3.4 | · | 2.6 | 2.8 | 3.2 | · | 2.8 | |
| P/B | 2.7 | 2.3 | · | 2.1 | 2.4 | 2.5 | · | 2.4 | 2.4 | 2.9 | · | 2.5 | 2.5 | 2.7 | · | 2.5 | |
| P / Tangible Book | 2.9 | 2.5 | · | 2.3 | 2.6 | 2.7 | · | 2.6 | 2.6 | 3.1 | · | 2.7 | 2.7 | 3.0 | · | 2.8 | |
| P / Cash Flow | · | 38.9 | · | · | · | 26.9 | · | · | · | 66.8 | · | · | · | 63.9 | · | · | |
| P / FCF | · | 44.8 | · | · | · | 30.6 | · | · | · | 106.5 | · | · | · | 80.9 | · | · | |
| Earnings Yield | 5.5% | 6.1% | · | 5.6% | 4.3% | 4.0% | · | 3.8% | 4.7% | 4.3% | · | 5.9% | 5.9% | 5.5% | · | 6.8% | |
| Payout Ratio | · | 46.7% | · | · | · | 46.6% | · | · | · | 57.2% | · | · | · | 55.9% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Revenue | $191M | — | — | $181M | — |
| Net Income | $35M | — | — | $19M | — |
| Diluted EPS | $2.61 | — | — | $1.39 | — |
Cash Flow
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $32M | — | — | $30M | — |
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
My Metrics Your personal watchlist — selected rows from Full Fundamentals
📊
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 182 filers · $311.5M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 35 (+13 vs prior Q) | 19 (+2 vs prior Q) | 62 (+13 vs prior Q) | 37 (-15 vs prior Q) | +702K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $27,639,053 | 538,563 | 8.87% | Shares |
| BROWN ADVISORY INC | $26,479,829 | 515,975 | 8.50% | Shares |
| HEARTLAND ADVISORS INC | $25,321,596 | 493,406 | 8.13% | Shares |
| SPEECE THORSON CAPITAL GROUP INC | $17,825,000 | 347,328 | 5.72% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $15,739,690 | 306,697 | 5.05% | Shares |
| STATE STREET CORP | $14,831,942 | 289,009 | 4.76% | Shares |
| ProShare Advisors LLC | $14,365,393 | 279,918 | 4.61% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $13,424,984 | 261,520 | 4.31% | Shares |
| Tributary Capital Management, LLC | $12,406,466 | 241,747 | 3.98% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $9,283,891 | 180,902 | 2.98% | Shares |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | $8,032,966 | 156,527 | 2.58% | Shares |
| CRAWFORD INVESTMENT COUNSEL INC | $6,906,902 | 134,585 | 2.22% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $6,432,500 | 125,341 | 2.07% | Shares |
| Acumen Wealth Advisors, LLC | $5,420,368 | 105,619 | 1.74% | Shares |
| Foundry Partners, LLC | $5,252,929 | 121,455 | 1.69% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $4,922,563 | 95,919 | 1.58% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $4,225,740 | 82,341 | 1.36% | Shares |
| ROYCE & ASSOCIATES LP | $4,181,040 | 81,470 | 1.34% | Shares |
| TWO SIGMA INVESTMENTS, LP | $4,127,873 | 80,434 | 1.33% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $4,117,506 | 80,232 | 1.32% | Shares |
| Ballast Asset Management, LP | $3,966,369 | 77,287 | 1.27% | Shares |
| GABELLI FUNDS LLC | $3,561,505 | 69,398 | 1.14% | Shares |
| Keeley-Teton Advisors, LLC | $3,487,334 | 80,632 | 1.12% | Shares |
| PINNACLE ASSOCIATES LTD | $3,448,601 | 67,198 | 1.11% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $3,430,742 | 66,850 | 1.10% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $3,127,333 | 60,938 | 1.00% | Shares |
| GOLDMAN SACHS GROUP INC | $2,905,995 | 56,625 | 0.93% | Shares |
| COMMERCE BANK | $2,657,606 | 51,785 | 0.85% | Shares |
| AMERICAN CENTURY COMPANIES INC | $2,640,671 | 51,455 | 0.85% | Shares |
| IFG Advisory, LLC | $2,327,326 | 45,349 | 0.75% | Shares |
| Bank of New York Mellon Corp | $2,321,973 | 45,245 | 0.75% | Shares |
| FIRST TRUST ADVISORS LP | $2,191,415 | 42,701 | 0.70% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $1,613,449 | 31,439 | 0.52% | Shares |
| MONETA GROUP INVESTMENT ADVISORS LLC | $1,612,013 | 31,411 | 0.52% | Shares |
| Emmett Investment Management, LP | $1,540,024 | 29,401 | 0.49% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $1,513,050 | 29,483 | 0.49% | Shares |
| XTX Topco Ltd | $1,390,721 | 27,099 | 0.45% | Shares |
| CWA Asset Management Group, LLC | $1,330,051 | 25,917 | 0.43% | Shares |
| JAG CAPITAL MANAGEMENT, LLC | $1,313,063 | 25,586 | 0.42% | Shares |
| Quantinno Capital Management LP | $1,182,823 | 23,048 | 0.38% | Shares |
| LVZ, Inc. | $1,171,482 | 22,827 | 0.38% | Shares |
| D. E. Shaw & Co., Inc. | $1,153,776 | 22,482 | 0.37% | Shares |
| Mariner, LLC | $1,100,506 | 21,444 | 0.35% | Shares |
| Point72 Asset Management, L.P. | $1,067,713 | 20,805 | 0.34% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $1,043,364 | 20,232 | 0.33% | Shares |
| MORGAN STANLEY | $1,030,380 | 20,077 | 0.33% | Shares |
| CITADEL ADVISORS LLC | $1,010,799 | 19,696 | 0.32% | Shares |
| Odyssean, LLC | $978,929 | 19,075 | 0.31% | Shares |
| LPL Financial LLC | $954,578 | 18,600 | 0.31% | Shares |
| Focus Partners Wealth | $953,732 | 18,584 | 0.31% | Shares |
| Squarepoint Ops LLC | $834,668 | 16,264 | 0.27% | Shares |
| RHUMBLINE ADVISERS | $760,297 | 14,815 | 0.24% | Shares |
| KLP KAPITALFORVALTNING AS | $759,536 | 14,800 | 0.24% | Shares |
| STRS OHIO | $754,404 | 14,700 | 0.24% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $739,573 | 14,411 | 0.24% | Shares |
| Verdence Capital Advisors LLC | $652,142 | 12,707 | 0.21% | Shares |
| BANK OF AMERICA CORP /DE/ | $628,619 | 12,249 | 0.20% | Shares |
| AlphaQuest LLC | $590,954 | 14,233 | 0.19% | Shares |
| IEQ CAPITAL, LLC | $570,292 | 11,112 | 0.18% | Shares |
| CLARK FINANCIAL SERVICES GROUP INC /BD | $564,520 | 11,000 | 0.18% | Shares |
| Watershed Asset Management, L.L.C. | $554,615 | 10,807 | 0.18% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $549,535 | 10,708 | 0.18% | Shares |
| AMERIPRISE FINANCIAL INC | $498,317 | 9,710 | 0.16% | Shares |
| GAMCO INVESTORS, INC. ET AL | $490,260 | 9,553 | 0.16% | Shares |
| ALLIANCEBERNSTEIN L.P. | $489,987 | 11,131 | 0.16% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $472,657 | 9,210 | 0.15% | Shares |
| GHP Investment Advisors, Inc. | $455,421 | 10,346 | 0.15% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $447,408 | 8,718 | 0.14% | Shares |
| GLENMEDE TRUST CO NA | $446,535 | 8,701 | 0.14% | Shares |
| Russell Investments Group, Ltd. | $424,543 | 8,272 | 0.14% | Shares |
| FIRST NATIONAL BANK OF OMAHA | $413,587 | 8,059 | 0.13% | Shares |
| Toroso Investments, LLC | $406,938 | 9,801 | 0.13% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $374,636 | 7,300 | 0.12% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $373,721 | 7,282 | 0.12% | Shares |
| Graham Capital Management, L.P. | $356,879 | 6,954 | 0.11% | Shares |
| WELLS FARGO & COMPANY/MN | $352,568 | 6,870 | 0.11% | Shares |
| Glenmede Investment Management, LP | $344,727 | 8,765 | 0.11% | Shares |
| MetLife Investment Management, LLC | $328,602 | 6,403 | 0.11% | Shares |
| BlackRock, Inc. | $324,188 | 6,317 | 0.10% | Shares |
| Pinnacle Wealth Management Advisory Group, LLC | $294,936 | 5,747 | 0.09% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $282,684 | 5,431 | 0.09% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $275,280 | 5,364 | 0.09% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $271,996 | 5,300 | 0.09% | Shares |
| US BANCORP \DE\ | $261,578 | 5,097 | 0.08% | Shares |
| PNC Financial Services Group, Inc. | $255,830 | 4,985 | 0.08% | Shares |
| Park Capital Management, LLC / WI | $249,056 | 4,853 | 0.08% | Shares |
| Sanctuary Advisors, LLC | $248,645 | 4,845 | 0.08% | Shares |
| Invesco Ltd. | $245,874 | 4,791 | 0.08% | Shares |
| CITIGROUP INC | $244,181 | 4,758 | 0.08% | Shares |
| HUB Investment Partners, LLC | $235,867 | 4,596 | 0.08% | Shares |
| TWO SIGMA ADVISERS, LP | $234,546 | 5,649 | 0.08% | Shares |
| Vanguard Global Advisers, LLC | $225,551 | 4,395 | 0.07% | Shares |
| Empowered Funds, LLC | $225,449 | 4,393 | 0.07% | Shares |
| Parkside Financial Bank & Trust | $221,113 | 5,023 | 0.07% | Shares |
| ANCHYRA PARTNERS LLC | $211,798 | 4,127 | 0.07% | Shares |
| Cetera Investment Advisers | $203,130 | 3,958 | 0.07% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $201,739 | 3,931 | 0.06% | Shares |
| RAYMOND JAMES FINANCIAL INC | $198,762 | 3,873 | 0.06% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $196,196 | 3,823 | 0.06% | Shares |
| Police & Firemen's Retirement System of New Jersey | $193,066 | 3,762 | 0.06% | Shares |
Company insiders 34 insiders · 14 officers · 19 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Martin H. Resch | President & CEO | Oct. 2, 2025 P | 41,920 | 1 | 0 | $19,345 |
| Michael James Normile | CFO | Aug. 1, 2025 P | 15,910 | 0 | 0 | $0 |
| Stephen P Appelbaum | CFO | Jan. 29, 2021 A | 54,221 | 0 | 0 | $0 |
| Dwight D Erdbruegger | President | Jan. 24, 2025 F | 20,054 | 0 | 0 | $0 |
| Mark Campbell | President, Transportation | Jan. 29, 2021 A | 22,239 | 0 | 0 | $0 |
| Robert J Mathias | President, Cass Bank | Jan. 25, 2019 F | 16,851 | 0 | 0 | $0 |
| Kenneth A Witbrodt JR | President, CCB | Sept. 7, 2006 M | 5,168 | 0 | 0 | $0 |
| Gary B Langfitt | COO Utilities | Jan. 21, 2022 M | 37,040 | 0 | 0 | $0 |
| John F Pickering | COO Transportation | Jan. 28, 2015 F | 24,591 | 0 | 0 | $0 |
| Eric H Brunngraber | Executive Chairman | April 23, 2026 A | 171,766 | 0 | 0 | $0 |
| Matthew Steven Schuckman | Executive Vice President | Jan. 24, 2025 F | 10,539 | 0 | 0 | $0 |
| James M Cavellier Jr | CIO | Jan. 24, 2025 F | 18,532 | 0 | 0 | $0 |
| CASS INFORMATION SYSTEMS INC | Executive Chairman | Jan. 26, 2024 F | 158,169 | 0 | 0 | $0 |
| Harry M Murray | EVP | Jan. 28, 2014 A | 29,127 | 0 | 0 | $0 |
| Randall L Schilling | Director | June 11, 2026 A | 33,650 | 0 | 0 | $0 |
| Joseph D Rupp | Director | June 11, 2026 A | 23,981 | 0 | 0 | $0 |
| Frank Wicks | Director | June 11, 2026 A | 34,283 | 0 | 0 | $0 |
| Ralph W Clermont | Director | Sept. 11, 2025 A | 24,542 | 0 | 0 | $0 |
| Ann Walter Marr | Director | April 17, 2025 A | 6,756 | 0 | 0 | $0 |
| Wendy J. Henry | Director | April 17, 2025 A | 6,681 | 0 | 0 | $0 |
| Sally H Roth | Director | April 17, 2025 A | 11,425 | 0 | 0 | $0 |
| Lawrence A Collett | Director | Dec. 14, 2018 G | 137,912 | 0 | 0 | $0 |
| Wayne J Grace | Director | Dec. 31, 2015 A | 14,182 | 0 | 0 | $0 |
| John L Gillis Jr | Director | April 22, 2014 A | 5,673 | 0 | 0 | $0 |
| Bryan S Chapell | Director | April 16, 2013 A | 9,112 | 0 | 0 | $0 |
| Andrew J Signorelli | Director | April 16, 2013 A | 179,781 | 0 | 0 | $0 |
| Dane K Brooksher | Director | April 16, 2013 A | 9,620 | 0 | 0 | $0 |
| Harry J Krieg | Director | Nov. 28, 2007 G | 109,009 | 0 | 0 | $0 |
| Robert J Bodine | Director | April 30, 2006 A | 600 | 0 | 0 | $0 |
| Howard A Kuehner | Director | Dec. 21, 2005 D | 190,454 | 0 | 0 | $0 |
| Irving A Shepard | Director | April 30, 2004 A | 415 | 0 | 0 | $0 |
| Robert A Ebel | — | April 23, 2026 A | 26,973 | 0 | 0 | $0 |
| Benjamin F Edwards IV | — | April 23, 2026 A | 29,604 | 0 | 0 | $0 |
| James J Lindemann | — | April 21, 2026 F | 25,466 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 44 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| TDV · ProShares Trust | 2.32% | 145,911 NS | May 31, 2026 | N-PORT |
| SMDV · ProShares Trust | 0.98% | 139,409 NS | May 31, 2026 | N-PORT |
| IWC · iShares Trust | 0.15% | 39,536 SH | Aug. 8, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.06% | 5,985 SH | Aug. 8, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | 0.05% | 6,662 SH | Aug. 8, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.05% | 28,136 NS | May 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.04% | 103,754 SH | Aug. 8, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.03% | 80 NS | April 30, 2026 | N-PORT |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.03% | 11,414 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.03% | 348,987 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.02% | 10,372 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 67,033 SH | Aug. 8, 2026 | Daily |
| SFGV · EA Series Trust | 0.02% | 4,398 NS | May 29, 2026 | N-PORT |
| RSSL · Global X Funds | 0.02% | 5,005 NS | April 30, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.02% | 3,214 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.01% | 42,549 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 545 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.01% | 54,251 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 132,628 SH | Aug. 8, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 0.01% | 19,130 SH | Aug. 8, 2026 | Daily |
| UWM · ProShares Trust | 0.01% | 426 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.01% | 433 NS | May 31, 2026 | N-PORT |
| IWN · iShares Trust | 0.01% | 13,350 SH | Aug. 8, 2026 | Daily |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.00% | 476 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.00% | 322 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 32,442 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 545 NS | May 31, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.00% | 15,704 NS | May 31, 2026 | N-PORT |
| PFM · Invesco Exchange-Traded Fund Trust | 0.00% | 366 SH | Aug. 8, 2026 | Daily |
| HDG · ProShares Trust | 0.00% | 11 NS | May 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 1,301 NS | April 30, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 5,178 NS | May 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 22,746 SH | Aug. 8, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.00% | 3,480 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 539 NS | April 30, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 3,467 SH | Aug. 8, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.00% | 3,425 NS | April 30, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 6,983 NS | May 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.00% | 663 NS | April 30, 2026 | N-PORT |
| EBI · RBB Fund Trust | 0.00% | 13 NS | May 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 393,181 SH | Aug. 8, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.00% | 64,728 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.00% | 894 SH | Aug. 8, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 1,001 SH | Aug. 8, 2026 | Daily |