Customers Bancorp Inc (CUBI-PE)

Name: Customers Bancorp Inc Financial Statements
Creator: Quarter Results

Financial Services | Banks Regional

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$371M

Net Income

$69.7M

Operating Margin

24.4%

Free Cash Flow

$481M

Debt / Assets

91.5%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Customers Bancorp Inc (CUBI-PE).
Income Statement (Quarterly)	2026-03-31	2025-03-31	2024-12-31	2024-09-30
Revenue	370,628,000	341,738,000	313,501,000	336,892,000
Cost of Revenue	168,333,000	341,738,000	183,279,000	190,634,000
Gross Profit	202,295,000	0	130,222,000	146,258,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	55,804,000	0	7,150,000	70,115,000
Operating Expenses	111,988,000	0	94,361,000	100,240,000
Operating Income	90,307,000	63,207,000	35,861,000	46,018,000
Interest Expense	144,961,000	0	162,085,000	173,568,000
Income Before Tax	90,307,000	11,888,000	35,861,000	46,018,000
Income Tax Expense	20,654,000	-1,024,000	8,946,000	-725,000
Net Income	69,653,000	12,912,000	26,915,000	46,743,000
Per Share
EPS	2.04	0.30	0.74	1.36
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Customers Bancorp Inc (CUBI-PE).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-01-04
Revenue	1,414,560,000	1,360,929,000	1,420,850,000	632,378,000	748,537,000
Cost of Revenue	684,719,000	746,881,000	754,522,000	0	0
Gross Profit	729,841,000	614,048,000	666,328,000	632,378,000	748,537,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	223,587,000	222,009,000	171,406,000	123,775,000	203,327,000
Operating Expenses	419,073,000	389,675,000	335,588,000	2,541,000	0
Operating Income	310,768,000	224,373,000	330,740,000	552,950,000	354,268,000
Interest Expense	609,098,000	673,430,000	679,911,000	261,653,000	95,810,000
Income Before Tax	288,431,000	224,373,000	330,740,000	291,297,000	441,208,000
Income Tax Expense	64,343,000	42,904,000	80,597,000	63,263,000	86,940,000
Net Income	224,088,000	181,469,000	250,143,000	228,034,000	314,647,000
Per Share
EPS	6.40	5.28	7.49	6.69	12.97
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Customers Bancorp Inc (CUBI-PE).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2023-07-02
Assets
Cash and Cash Equivalents	62,051,000	3,785,931,000	3,846,346,000	54,127,000
Short Term Investments	0	2,019,694,000	2,405,640,000	2,824,638,000
Net Receivables	103,626,000	323,251,000	0	13,812,644,000
Inventory	0	0	0	-16,691,409,000
Total Current Assets	165,677,000	6,128,876,000	3,846,346,000	3,961,112,000
Property Plant Equipment	16,745,000	6,668,000	7,371,000	23,015,000
Goodwill and Intangibles	3,629,000	3,629,000	3,629,000	3,629,000
Total Assets	24,895,868,000	22,308,241,000	21,316,265,000	21,316,265,000
Liabilities
Account Payables	0	0	0	0
Short Term Debt	7,438,000	100,000,000	29,698,000	29,698,000
Total Current Liabilities	15,751,726,000	18,946,461,000	12,507,648,000	12,507,648,000
Long Term Debt	1,705,423,000	1,309,929,000	1,497,627,000	1,484,365,000
Total Liabilities	22,780,351,000	20,471,558,000	19,677,871,000	19,677,871,000
Shareholders Equity
Retained Earnings	1,535,194,000	1,326,011,000	1,159,582,000	1,159,582,000
Total Shareholders Equity	2,115,517,000	1,836,683,000	1,638,394,000	1,638,394,000

Balance sheet annual history for Customers Bancorp Inc (CUBI-PE).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2023-07-02	2022-12-31
Assets
Cash and Cash Equivalents	62,051,000	3,785,931,000	3,846,346,000	54,127,000	455,806,000
Short Term Investments	0	2,019,694,000	2,405,640,000	2,824,638,000	2,987,500,000
Net Receivables	103,626,000	323,251,000	0	13,812,644,000	123,374,000
Inventory	0	0	0	-16,691,409,000	0
Total Current Assets	165,677,000	6,128,876,000	3,846,346,000	3,961,112,000	18,902,115,000
Property Plant Equipment	16,745,000	6,668,000	7,371,000	23,015,000	9,025,000
Goodwill and Intangibles	3,629,000	3,629,000	3,629,000	3,629,000	3,629,000
Total Assets	24,895,868,000	22,308,241,000	21,316,265,000	21,316,265,000	20,896,112,000
Liabilities
Account Payables	0	0	0	0	230,666,000
Short Term Debt	7,438,000	100,000,000	29,698,000	29,698,000	300,000,000
Total Current Liabilities	15,751,726,000	18,946,461,000	12,507,648,000	12,507,648,000	230,666,000
Long Term Debt	1,705,423,000	1,309,929,000	1,497,627,000	1,484,365,000	1,105,532,000
Total Liabilities	22,780,351,000	20,471,558,000	19,677,871,000	19,677,871,000	19,493,151,000
Shareholders Equity
Retained Earnings	1,535,194,000	1,326,011,000	1,159,582,000	1,159,582,000	924,134,000
Total Shareholders Equity	2,115,517,000	1,836,683,000	1,638,394,000	1,638,394,000	1,402,961,000

Cash flow quarterly history for Customers Bancorp Inc (CUBI-PE).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	224,088,000	181,469,000	250,143,000	228,034,000
Depreciation & Amortization	37,863,000	33,552,000	29,898,000	27,157,000
Stock Based Compensation	18,458,000	14,435,000	12,585,000	14,150,000
Change in Working Capital	55,280,000	-132,811,000	42,264,000	-24,585,000
Operating Cash Flow	494,759,000	145,057,000	330,823,000	-20,825,000
Investing Activities
Capital Expenditure	-13,739,000	-65,187,000	-590,000	-113,347,000
Investments	0	-65,187,000	-590,000	-113,347,000
Investing Cash Flow	-2,056,953,000	-1,006,091,000	2,951,629,000	-1,298,412,000
Financing Activities
Debt Repayment	288,350,000	-95,000,000	-400,000,000	-100,000,000
Common Stock Issued/Repurchased	17,709,000	-17,482,000	-36,694,000	-32,629,000
Dividends Paid	-10,802,000	-15,147,000	-14,636,000	-9,326,000
Financing Cash Flow	2,187,726,000	800,619,000	108,088,000	1,257,011,000
Summary
Free Cash Flow	481,020,000	79,870,000	330,233,000	-134,172,000
Net Change in Cash	625,532,000	-60,415,000	3,390,540,000	-62,226,000

Cash flow annual history for Customers Bancorp Inc (CUBI-PE).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-01-04
Operating Activities
Net Income	224,088,000	181,469,000	250,143,000	228,034,000	314,647,000
Depreciation & Amortization	37,863,000	33,552,000	29,898,000	27,157,000	21,667,000
Stock Based Compensation	18,458,000	14,435,000	12,585,000	14,150,000	13,860,000
Change in Working Capital	55,280,000	-132,811,000	42,264,000	-24,585,000	149,640,000
Operating Cash Flow	494,759,000	145,057,000	330,823,000	-20,825,000	271,164,000
Investing Activities
Capital Expenditure	-13,739,000	-65,187,000	-590,000	-113,347,000	-32,951,000
Investments	0	-65,187,000	-590,000	-113,347,000	-32,951,000
Investing Cash Flow	-2,056,953,000	-1,006,091,000	2,951,629,000	-1,298,412,000	-1,201,261,000
Financing Activities
Debt Repayment	288,350,000	-95,000,000	-400,000,000	-100,000,000	-4,415,016,000
Common Stock Issued/Repurchased	17,709,000	-17,482,000	-36,694,000	-32,629,000	-82,397,000
Dividends Paid	-10,802,000	-15,147,000	-14,636,000	-9,326,000	-10,833,000
Financing Cash Flow	2,187,726,000	800,619,000	108,088,000	1,257,011,000	754,775,000
Summary
Free Cash Flow	481,020,000	79,870,000	330,233,000	-134,172,000	238,213,000
Net Change in Cash	625,532,000	-60,415,000	3,390,540,000	-62,226,000	-175,322,000