Customers Bancorp (CUBI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
687.5M
Net Income
181.5M
26.40%
EPS (Diluted)
$5.09
Balance Sheet Metrics
Total Assets
22.3B
Total Liabilities
20.5B
Shareholders Equity
1.8B
Debt to Equity
11.15
Cash Flow Metrics
Operating Cash Flow
74.1M
Free Cash Flow
79.9M
Revenue & Profitability Trend
Customers Bancorp Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 687.5M | 740.9M | 633.4M | 748.8M | 460.9M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 222.0M | 171.4M | 123.8M | 119.8M | 107.5M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 224.4M | 330.7M | 291.3M | 441.2M | 189.8M |
| Income Tax | 42.9M | 80.6M | 63.3M | 86.9M | 46.7M |
| Net Income | 181.5M | 250.1M | 228.0M | 314.6M | 132.6M |
| EPS (Diluted) | $5.09 | $7.32 | $6.51 | $8.91 | $3.74 |
Income Statement Trend
Customers Bancorp Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 22.3B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 20.5B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 1.8B | 1.6B | 1.4B | 1.4B | 1.1B |
Balance Sheet Composition
Customers Bancorp Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 181.5M | 250.1M | 228.0M | 354.3M | 143.0M |
| Operating Cash Flow | 74.1M | 145.7M | -70.9M | 511.8M | 94.6M |
| Investing Activities | |||||
| Capital Expenditures | -46.7M | -38.7M | -105.9M | -22.9M | -28.8M |
| Investing Cash Flow | 651.5M | 781.5M | 52.6M | -2.7B | -593.9M |
| Financing Activities | |||||
| Dividends Paid | -15.1M | -14.6M | -9.3M | -10.8M | -14.1M |
| Financing Cash Flow | -133.1M | 346.2M | -47.0M | -4.5B | 4.4B |
| Free Cash Flow | 79.9M | 83.4M | -134.2M | 238.2M | 123.2M |
Cash Flow Trend
Customers Bancorp Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.27
Forward P/E
10.55
Price to Book
1.18
Price to Sales
3.46
PEG Ratio
10.55
Profitability Ratios
Profit Margin
24.46%
Operating Margin
20.62%
Return on Equity
8.14%
Return on Assets
0.66%
Financial Health
Debt to Equity
0.79
Beta
1.54
Per Share Data
EPS (TTM)
$3.98
Book Value per Share
$54.85
Revenue per Share
$18.78
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| cubi | 2.0B | 16.27 | 1.18 | 8.14% | 24.46% | 0.79 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| U.S. Bancorp | 69.7B | 11.08 | 1.31 | 11.53% | 26.38% | 1.34 |
| Enterprise Financial | 2.1B | 11.30 | 1.18 | 10.82% | 31.46% | 0.34 |
| OFG Bancorp | 2.0B | 10.67 | 1.55 | 15.46% | 31.15% | 0.21 |
Financial data is updated regularly. All figures are in the company's reporting currency.