
Customers Bancorp Income Statement 2025-2008 | CUBI
Brief overview of financial results at Customers Bancorp
The overview follows changes across a five-year period. Customers Bancorp reported revenue of 177 million dollars in 2014 and 358 million dollars by 2019. Overall revenue changed by +102.3%, equal to an annualized rate of about 15.1%. The pace indicates confident and sustained business growth.
Net income changed from 43.2 million dollars to 79.3 million dollars (+83.6%). Net profit ended the five years at a local peak.
Market value was $524 million at the start and $686 million at the end. Investors responded cautiously to the improvement in the business.
Summary assessment
Financial performance is improving but still needs confirmation. The strongest signals are improving net profitability and a larger revenue base. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Customers Bancorp
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.18 B | 1.69 B | 1.71 B | 1.01 B | 1.99 B | 844 M | 686 M | 632 M | 927 M | 948 M | 674 M | 524 M | 495 M | 243 M | - | - | - | - |
Shares |
32.4 M | 31.5 M | 31.4 M | 32.6 M | 32.3 M | 31.5 M | 31.2 M | 31.6 M | 30.7 M | 27.6 M | 26.8 M | 26.7 M | 26.6 M | 18.5 M | - | 6.3 M | - | - |
Historical Prices |
67.3 | 53.6 | 54.3 | 31 | 61.5 | 26.8 | 20.3 | 21.4 | 29.3 | 34.3 | 22.6 | 22.1 | 18 | 15.6 | - | |||
Net Income |
224 M | 181 M | 250 M | 228 M | 315 M | 133 M | 79.3 M | 71.7 M | 78.8 M | 78.7 M | 58.6 M | 43.2 M | 32.7 M | 23.8 M | 4.03 M | 23.7 M | -13.2 M | - |
Revenue |
- | - | - | - | - | - | 358 M | 317 M | 346 M | 273 M | 224 M | 177 M | 127 M | 103 M | 52.6 M | - | - | - |
Cost of Revenue |
189 M | 176 M | 133 M | 112 M | 108 M | 94.1 M | 80.1 M | 105 M | 95.5 M | 80.6 M | 58.8 M | 46.1 M | 35.5 M | 23.8 M | 16.6 M | 14 M | 4.27 M | - |
Interest Expense |
750 M | 654 M | 680 M | 262 M | 95.8 M | 140 M | 186 M | 160 M | 106 M | 73 M | 53.6 M | 38.5 M | 24.3 M | 21.8 M | 22.5 M | 11.5 M | 6.34 M | - |
EBITDA |
41.8 M | 33.6 M | 31.8 M | 27.2 M | 21.7 M | 18.5 M | - | - | - | - | - | - | - | - | - | 840 K | 726 K | - |
Operating Expenses |
- | - | - | - | - | - | 442 M | 382 M | 327 M | 253 M | 189 M | 150 M | 101 M | 87 M | 66 M | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | 157 M | 158 M | 149 M | 93.3 M | 80.1 M | 64.1 M | 45.4 M | 29.7 M | 19.9 M | - | - | - |
All numbers in USD currency
Quarterly Income Statement Customers Bancorp
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
34.1 M | 32.3 M | 31.6 M | 31.4 M | 31.3 M | 31.6 M | 31.6 M | 31.5 M | 31.4 M | 31.3 M | 31.3 M | 31.8 M | 32.4 M | 32.5 M | 32.7 M | 33 M | 32.9 M | 32.4 M | 32.3 M | 31.9 M | 31.7 M | 31.5 M | 31.5 M | 31.4 M | 31.3 M | 31.2 M | 31.2 M | 31 M | 31 M | 31.7 M | 31.6 M | 31.4 M | 31.4 M | 30.7 M | 30.6 M | 30.4 M | 30.3 M | 27.4 M | 27.1 M | 26.9 M | 26.9 M | 26.9 M | 26.8 M | 26.8 M | 26.7 M | 26.7 M | 26.7 M | 26.7 M | 24.2 M | 27.1 M | 23.4 M | 18.5 M | 18.5 M | 12.5 M | 11.3 M | 11.3 M | 11.3 M | 9.88 M | 9.79 M | 11.3 M |
Net Income |
69.7 M | 75.7 M | 60.9 M | 12.9 M | - | 46.7 M | 58.1 M | 49.7 M | - | 86.8 M | 47.6 M | 53.7 M | - | 63.9 M | 58.6 M | 76.8 M | 101 M | 116 M | 61.3 M | 36.6 M | 56.2 M | 50.5 M | 22.7 M | 3.1 M | 27.5 M | 27.1 M | 9.3 M | 15.4 M | 17.9 M | 6.03 M | 23.7 M | 24.1 M | 21.6 M | 7.75 M | 23.7 M | 25.7 M | 19.8 M | 21.2 M | 19.5 M | 18.2 M | 17.8 M | 15.3 M | 11.6 M | 14 M | 13.2 M | 11.7 M | 10.2 M | 8.14 M | 9.01 M | 8.27 M | 8.23 M | 7.19 M | 7.57 M | 6.64 M | 6.5 M | 3.11 M | 3.22 M | 2.34 M | 145 K | -1.68 M |
Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.87 M | 11.2 M | 11.6 M | - | 11.8 M | 11.2 M | 12.3 M | - | 10.3 M | 9.11 M | 12.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
51.3 M | 48.7 M | 45.8 M | 42.7 M | - | 47.7 M | 44.9 M | 36 M | - | 33.8 M | 33.1 M | 32.3 M | - | 31.2 M | 25.3 M | 26.6 M | - | 26.3 M | 28 M | 24 M | - | 24.8 M | 23.2 M | 20.5 M | - | 27.2 M | 26.9 M | 25.8 M | - | 25.5 M | 27.7 M | 24.9 M | - | 24.8 M | 23.7 M | 21.1 M | - | 22.7 M | 16.4 M | 16.4 M | - | 15 M | 14.4 M | 14 M | - | 12.1 M | 11.6 M | 9.35 M | - | 8.96 M | 8.51 M | 7.4 M | - | 5.98 M | 5.6 M | 5.5 M | - | 3.75 M | 3.97 M | 4.12 M |
Interest Expense |
191 M | 202 M | 177 M | 167 M | - | 159 M | 168 M | 160 M | - | 200 M | 165 M | 165 M | - | 76.9 M | 31.5 M | 18.8 M | 20.3 M | 23 M | 24.1 M | 28.4 M | 30.1 M | 32.2 M | 33.2 M | 44 M | 46.4 M | 51 M | 47.3 M | 41.8 M | 41.8 M | 46 M | 40.3 M | 31.9 M | 29.3 M | 30.3 M | 25.2 M | 20.7 M | 19.5 M | 19.6 M | 18.2 M | 15.8 M | 14.2 M | 13.8 M | 13.1 M | 12.4 M | 12.2 M | 11.1 M | 8.16 M | 7.08 M | 6.8 M | 6.55 M | 5.56 M | 5.39 M | 5.58 M | 5.41 M | 5.55 M | 5.23 M | 5.42 M | 5.7 M | 5.79 M | 5.56 M |
EBITDA |
14.2 M | - | - | 15.6 M | - | - | - | 8.25 M | - | - | - | 8.83 M | - | 20 M | 13.3 M | 6.06 M | - | 16.2 M | 10.7 M | 5.32 M | - | 13.5 M | 14.3 M | 7.04 M | - | 15.2 M | 8.88 M | 4.29 M | - | 10.2 M | 6.72 M | 3.34 M | - | 7.48 M | 2.39 M | 1.48 M | - | 4.14 M | 1.73 M | 846 K | - | 3.03 M | 2.07 M | 1.03 M | - | 2.78 M | 1.81 M | 890 K | - | 2.12 M | 1.28 M | 628 K | - | 1.45 M | 687 K | 448 K | - | 967 K | 614 K | 294 K |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Customers Bancorp (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.