Cass Information Systems, Inc.
Cass Information Systems, Inc. (NASDAQ: CASS) is trading at $52.90, about ₹5,082 at today's USD/INR rate, as of 30 Sep 2026, 2:17 PM ET, down 1.38% today. Indian residents can buy Cass Information Systems from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$52.90
Today's high
$53.89
52 week low
$36.07
52 week high
$59.63
CASS opened at $53.82, closed previously at $53.64, and has traded between $36.07 and $59.63 over the past 52 weeks.
About
Cass Information Systems, Inc. delivers specialized payment and data management services to a broad array of manufacturing, distribution, and retail businesses across the United States. The company's operations are divided into two main areas: Information Services and Banking Services. Through its Information Services segment, Cass provides essential back-office solutions, including the intricate rating, payment processing, and auditing of freight invoices, alongside the production of crucial accounting and transportation data. This division also expertly handles the payment and management of various facility expenses, such as utility bills for electricity, natural gas, and waste, as well as offering comprehensive telecommunications expense management. The Banking Services segment, powered by its subsidiary Cass Commercial Bank, offers a full range of financial products. These include standard checking, savings, and time deposit accounts, in addition to commercial, industrial, and real estate lending. Cash management services are also provided, primarily serving privately-owned businesses and religious organizations. Furthermore, Cass extends its offerings with a modern B2B payment platform, tailored for clients in search of a flexible financial technology partner. Established in 1906, Cass Information Systems, Inc. is headquartered in St. Louis, Missouri, where its main banking facility is located. The company also maintains an operating branch in Bridgeton, Missouri, and leased facilities in Fenton, Missouri, and Colorado Springs, Colorado. It adopted its current name in January 2001, having previously been known as Cass Commercial Corporation.
Key statistics
Avg. volume
85.57K
Market cap
$680.88M
P/E Ratio
18.63
Price-to-sales ratio
3.35
Enterprise value
$159.56M
Free cash flow yield
5.81%
Debt-to-equity ratio
0.33
Return on equity
14.45%
ROIC
19.72%
Beta
0.42
Dividend yield
2.42%
Last dividend
$1.28
Financial overview
Revenue
$191.10M
Earnings per share
$2.66
Free cash flow
$31.77M
Net profit margin
18.08%
Gross margin
96.24%
EBITDA
$45.96M
Revenue growth
-13.10%
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This is not an investment recommendation
How to buy Cass Information Systems from India
Indian residents can buy Cass Information Systems shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Cass Information Systems and place an order
Find Cass Information Systems by name or by its ticker, CASS, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Cass Information Systems trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Cass Information Systems position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Cass Information Systems from India
Trading and taxes when buying Cass Information Systems from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Cass Information Systems’ current yield is 2.42%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Cass Information Systems stock?
Yes. Cass Information Systems (CASS) has been listed on NASDAQ since 1996, in the Specialty Business Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Cass Information Systems share cost in rupees?
One Cass Information Systems share is $52.90 — about ₹5,082 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Cass Information Systems price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Cass Information Systems from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Cass Information Systems?
Yes. One Cass Information Systems share is $52.90, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Cass Information Systems.
How are gains on Cass Information Systems shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Cass Information Systems price. Paasa issues a capital-gains statement for your return.
Does Cass Information Systems pay a dividend, and how is it taxed in India?
Yes. Cass Information Systems pays a dividend and the current yield is 2.42%; the last declared dividend was $1.28 per share, about ₹122.96. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Cass Information Systems from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Cass Information Systems shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Cass Information Systems shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Cass Information Systems holding, its cost and its closing value.
How do I sell Cass Information Systems and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.