Customers Bancorp, Inc.
CUBI · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $1,360,929 | $1,420,850 | $895,103 | $844,612 |
| % Growth | -4.2% | 58.7% | 6% | – |
| Cost of Goods Sold | $746,881 | $754,522 | $321,719 | $123,236 |
| Gross Profit | $614,048 | $666,328 | $573,384 | $721,376 |
| % Margin | 45.1% | 46.9% | 64.1% | 85.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $217,520 | $168,311 | $121,234 | $118,263 |
| SG&A Expenses | $222,009 | $171,406 | $123,775 | $119,783 |
| Sales & Mktg Exp. | $4,489 | $3,095 | $2,541 | $1,520 |
| Other Operating Expenses | $167,666 | $164,182 | $158,312 | $160,385 |
| Operating Expenses | $389,675 | $335,588 | $282,087 | $280,168 |
| Operating Income | $224,373 | $330,740 | $291,297 | $441,208 |
| % Margin | 16.5% | 23.3% | 32.5% | 52.2% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $224,373 | $330,740 | $291,297 | $441,208 |
| Tax Expense | $42,904 | $80,597 | $63,263 | $86,940 |
| Net Income | $181,469 | $250,143 | $228,034 | $314,647 |
| % Margin | 13.3% | 17.6% | 25.5% | 37.3% |
| EPS | 5.28 | 7.49 | 6.69 | 10.51 |
| % Growth | -29.5% | 12% | -36.3% | – |
| EPS Diluted | 5.09 | 7.32 | 6.51 | 10.08 |
| Weighted Avg Shares Out | 31,509 | 31,436 | 32,633 | 32,312 |
| Weighted Avg Shares Out Dil | 32,719 | 32,159 | 33,548 | 33,698 |
| Supplemental Information | – | – | – | – |
| Interest Income | $1,327,834 | $1,367,360 | $885,373 | $780,884 |
| Interest Expense | $673,430 | $679,911 | $261,653 | $95,810 |
| Depreciation & Amortization | $33,552 | $31,813 | $27,157 | $21,667 |
| EBITDA | $257,925 | $362,553 | $318,454 | $462,875 |
| % Margin | 19% | 25.5% | 35.6% | 54.8% |