Cass Information Services Inc. (CASS) 2010年年度报告「NASDAQ」.pdf

1、Experience:Cass.Strength,Innovation and Expertise:the Power to Deliver Solutions2010 SUMMARY ANNUAL REPORT 12010YearInReview2LetterToShareholders5CassDeliversContinuousValue14 CondensedConsolidatedStatementsOfIncome15 CondensedConsolidatedBalanceSheets16 ReportOfIndependentRegisteredPublicAccounting

2、Firm16 Forward-LookingStatements17 BoardOfDirectorsAndExecutiveOfficers17 ShareholderInformationTABLEOFCOnTEnTSCass Information Systems,Inc.is the leading provider of transportation,utility and telecom expense management and related business intelligence services,disbursing$27 billion annually on be

3、half of its clients.With total assets exceeding$1 billion,Cass is a business process outsourcer focused on invoice processing,auditing and payment services.Cass is uniquely supported by Cass Commercial Bank,founded in 1906.Today,Cass Commercial Bank is a wholly owned subsidiary,providing sophisticat

4、ed financial exchange services to the parent organization and its clients.CORPORATEPROFILE6TransportationINFORMATION SERVICES8UtilityINFORMATION SERVICES10TelecomINFORMATION SERVICESCassCommercialBank12Experience:Cass.PAGE 1For The Year Ended December 31,2010 2009 TotalnetRevenues$96,217,000$87,919,

5、000netIncome$20,310,000$16,129,000BasicEarningsperCommonShare$2.18$1.76DilutedEarningsperCommonShare$2.15$1.73DividendsPaidperCommonShare$0.58$0.53TotalnumberofTransactionsProcessed38,534,000 34,619,000TotalDollarVolumePaid$27,426,336,000$23,717,451,000ReturnonAverageTotalShareholdersEquity 14.74%13

6、.71%ReturnonAverageAssets1.76%1.65%As Of December 31,2010 2009 TotalAssets$1,188,035,000$1,012,981,000TotalShareholdersEquity$142,094,000$129,568,000BookValueperCommonShare$15.14$13.81In 2010,we marked two significant milestones in surpassing$20 million in net income and achieving more than$27 billi