Customers Bancorp, Inc. financial data

Symbol
CUBI, CUBI-PE, CUBI-PF, CUBB on NYSE
Industry
State Commercial Banks
Location
701 Reading Avenue, West Reading, PA
State of incorporation
PA
Fiscal year end
December 31
Former names
Customers 1st Bancorp, Inc. (to 12/10/2010)
Latest financial report
10-K - Q4 2024 - Feb 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.12K % -16.1%
Return On Equity 10.3 % -37.7%
Return On Assets 0.84 % -26.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.5M shares -0.06%
Common Stock, Shares, Outstanding 31.3M shares -0.3%
Entity Public Float 1.4B USD +59.9%
Common Stock, Value, Issued 35.8M USD +0.84%
Weighted Average Number of Shares Outstanding, Basic 31.5M shares +0.23%
Weighted Average Number of Shares Outstanding, Diluted 32.7M shares +1.74%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 224M USD -32.2%
Income Tax Expense (Benefit) 42.9M USD -46.8%
Net Income (Loss) Attributable to Parent 181M USD -27.5%
Earnings Per Share, Basic 5.28 USD/shares -29.5%
Earnings Per Share, Diluted 5.09 USD/shares -30.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.79B USD -1.57%
Property, Plant and Equipment, Net 6.67M USD -9.54%
Operating Lease, Right-of-Use Asset 35.3M USD +126%
Assets 22.3B USD +4.65%
Liabilities 20.5B USD +4.03%
Accumulated Other Comprehensive Income (Loss), Net of Tax -96.6M USD +29.3%
Retained Earnings (Accumulated Deficit) 1.33B USD +14.4%
Stockholders' Equity Attributable to Parent 1.84B USD +12.1%
Liabilities and Equity 22.3B USD +4.65%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18.8M USD -207%
Net Cash Provided by (Used in) Financing Activities 36.8M USD -95.2%
Net Cash Provided by (Used in) Investing Activities -163M USD -120%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 35.8M shares +0.84%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -145M USD -109%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.79B USD -1.57%
Deferred Tax Assets, Gross 103M USD +3.2%
Operating Lease, Liability 37.9M USD +110%
Payments to Acquire Property, Plant, and Equipment 418K USD +222%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 221M USD -19.9%
Lessee, Operating Lease, Liability, to be Paid 45.4M USD +132%
Property, Plant and Equipment, Gross 31.3M USD +4.98%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.49M USD +73.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.76M USD +20.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +30.5%
Deferred Income Tax Expense (Benefit) -276K USD -101%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.53M USD +384%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6M USD +101%
Deferred Tax Assets, Operating Loss Carryforwards 551K USD -14.3%
Preferred Stock, Shares Issued 5.7M shares 0%
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 6.74M USD +275%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.37M USD +118%
Operating Lease, Payments 5.6M USD +3.7%
Additional Paid in Capital 575M USD +1.91%
Preferred Stock, Shares Outstanding 5.7M shares 0%
Interest Expense 688M USD +27%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%