Earnings Per Share

3 Months Ended

Mar. 31, 2026

Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding.

The calculations of basic and diluted earnings per share are as follows:


(In thousands except share and per share data)	Three Months Ended March 31,
	2026		2025
Basic:
Net income from continuing operations	$	8,739	$	8,551
Net income from discontinued operations	93		415
Net income	$	8,832	$	8,966
Weighted-average common shares outstanding	12,874,755		13,398,183
Basic earnings per share from continuing operations	$	0.68	$	0.64
Basic earnings per share from discontinued operations	$	0.01	$	0.03
Basic earnings per share	$	0.69	$	0.67

Diluted:
Net income from continuing operations	$	8,739	$	8,551
Net income from discontinued operations	93		415
Net income	$	8,832	$	8,966
Weighted-average common shares outstanding	12,874,755		13,398,183
Effect of dilutive restricted stock	277,216		245,094
Weighted-average common shares outstanding assuming dilution	13,151,971		13,643,277
Diluted earnings per share from continuing operations	$	0.66	$	0.63
Diluted earnings per share from discontinued operations	$	0.01	$	0.03
Diluted earnings per share	$	0.67	$	0.66

CASS INFORMATION SYSTEMS INC 10-Q