Customers Bancorp, Inc. (CUBI) — Financial statements
Income statement, balance sheet, and cash flow for Customers Bancorp, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,415↑3.9% | 1,361↓4.2% | 1,421↑58.7% | 895↑6.0% | 845 | |
| Cost of Revenue | 685↓8.3% | 747↓1.0% | 755↑134.5% | 322↑161.1% | 123 | |
| Gross Profit | 730↑18.9% | 614↓7.8% | 666↑16.2% | 573↓20.5% | 721 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 221↑1.7% | 218↑29.2% | 168↑38.8% | 121↑2.5% | 118 | |
| Selling & Marketing Expenses | 2↓45.7% | 4↑45.0% | 3↑21.8% | 3↑67.2% | 2 | |
| SG&A Expenses | 224↑0.7% | 222↑29.5% | 171↑38.5% | 124↑3.3% | 120 | |
| Other Expenses | 195↑16.6% | 168↑2.1% | 164↑3.7% | 158↓1.3% | 160 | |
| Operating Expenses | 419↑7.5% | 390↑16.1% | 336↑19.0% | 282↑0.7% | 280 | |
| Total Costs & Expenses | 1,104↓2.9% | 1,137↑4.3% | 1,090↑80.5% | 604↑49.7% | 403 | |
| Operating Results | ||||||
| Operating Income | 311↑38.5% | 224↓32.2% | 331↑13.5% | 291↓34.0% | 441 | |
| Depreciation & Amortization | 41↑21.7% | 34↑5.5% | 32↑17.1% | 27↑25.3% | 22 | |
| EBITDA | 352↑36.3% | 258↓28.9% | 363↑13.8% | 318↓31.2% | 463 | |
| EBIT | 311↑38.5% | 224↓32.2% | 331↑13.5% | 291↓34.0% | 441 | |
| Interest & Other Income | ||||||
| Net Interest Income | 750↑14.7% | 654↓4.8% | 687↑10.2% | 624↓9.0% | 685 | |
| Interest Income | 1,360↑2.4% | 1,328↓2.9% | 1,367↑54.4% | 885↑13.4% | 781 | |
| Interest Expense | 609↓9.6% | 673↓1.0% | 680↑159.9% | 262↑173.1% | 96 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -22 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 288↑28.5% | 224↓32.2% | 331↑13.5% | 291↓34.0% | 441 | |
| Income Tax Expense | 64↑50.0% | 43↓46.8% | 81↑27.4% | 63↓27.2% | 87 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 224↑23.5% | 181↓27.5% | 250↑9.7% | 228↓35.6% | 354 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -40 | |
| Net Income | 224↑23.5% | 181↓27.5% | 250↑9.7% | 228↓27.5% | 315 | |
| Bottom-Line Net Income | 209↑25.7% | 166↓29.3% | 235↑7.8% | 218↓35.7% | 340 | |
| EPS (Basic) | 6.40↑21.2% | 5.28↓29.5% | 7.49↑12.0% | 6.69↓36.3% | 10.51 | |
| EPS (Diluted) | 6.20↑21.8% | 5.09↓30.5% | 7.32↑12.4% | 6.51↓35.4% | 10.08 | |
| Weighted Average Shares | 34↑8.5% | 32↑0.2% | 31↓3.7% | 33↑1.0% | 32 | |
| Weighted Average Diluted Shares | 35↑8.2% | 33↑1.7% | 32↓4.1% | 34↓0.4% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.