Customers Bancorp, Inc. Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Customers Bancorp, Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Customers Bancorp, Inc. Interest Expense for the quarter ending June 30, 2024 was $166M, a 0.91% increase year-over-year.
  • Customers Bancorp, Inc. Interest Expense for the twelve months ending June 30, 2024 was $688M, a 27% increase year-over-year.
  • Customers Bancorp, Inc. annual Interest Expense for 2023 was $680M, a 160% increase from 2022.
  • Customers Bancorp, Inc. annual Interest Expense for 2022 was $262M, a 173% increase from 2021.
  • Customers Bancorp, Inc. annual Interest Expense for 2021 was $95.8M, a 31.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $680M +$418M +160% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-29
2022 $262M +$166M +173% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-29
2021 $95.8M -$43.8M -31.4% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $140M -$46.8M -25.1% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $186M +$26.4M +16.5% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $160M +$54.6M +51.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-02
2017 $106M +$32.5M +44.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $73M +$19.5M +36.4% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $53.6M +$15.1M +39.1% Jan 1, 2015 Dec 31, 2015 10-K/A 2018-11-30
2014 $38.5M +$14.2M +58.4% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-08
2013 $24.3M +$2.54M +11.7% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $21.8M -$703K -3.13% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $22.5M +$10.9M +94.6% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-12
2010 $11.5M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-18
* An asterisk sign (*) next to the value indicates that the value is likely invalid.