CUBB (Customers Bancorp, Inc 5.375% S) Stock Financials & Earnings | Market Cap Arena

CUBB (Customers Bancorp, Inc 5.375% S) Stock Financials & Earnings | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

Mkt Cap$777M

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Revenue (TTM)$1.4B

Net Income (TTM)$224M

EPS (TTM)$6.20

Free Cash Flow (TTM)$443M

Gross Margin48.6%

Op. Margin21.0%

Net Margin16.3%

FCF Margin32.2%

P/S Ratio (TTM)0.6x

P/E Ratio (TTM)3.5x

YoY Rev Growth-0.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$305M	$120M	$68M
Q2 23	$346M	$158M	$68M
Q3 23	$394M	$200M	$110M
Q4 23	$365M	$178M	$84M
Q1 24	$353M	$165M	$65M
Q2 24	$365M	$181M	$77M
Q3 24	$341M	$150M	$46M
Q4 24	$330M	$146M	$36M
Q1 25	$239M	$63M	$12M
Q2 25	$358M	$186M	$79M
Q3 25	$392M	$206M	$100M
Q4 25	$388M	$215M	$97M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.8x	3.8x
Q2 23	0.7x	4.0x
Q3 23	0.6x	3.6x
Q4 23	0.6x	3.1x
Q1 24	0.5x	3.2x
Q2 24	0.5x	3.1x
Q3 24	0.5x	3.6x
Q4 24	0.6x	4.4x
Q1 25	0.6x	5.5x
Q2 25	0.6x	5.3x
Q3 25	0.6x	4.4x
Q4 25	0.6x	3.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$18M	$17M
Q2 23	$89M	$89M
Q3 23	$136M	$136M
Q4 23	-$118M	-$118M
Q1 24	-$19M	-$19M
Q2 24	$6M	$6M
Q3 24	$24M	$29M
Q4 24	$133M	$133M
Q1 25	$94M	$93M
Q2 25	$162M	$179M
Q3 25	$117M	$106M
Q4 25	$122M	$64M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$130K
Q2 23	$24K
Q3 23	$367K
Q4 23	$69K
Q1 24	$418K
Q2 24	$318K
Q3 24	$5M
Q4 24	$499K
Q1 25	$686K
Q2 25	$17M
Q3 25	$10M
Q4 25	$58M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+48.1%	+115.6%
Q2 23	+65.5%	+111.2%
Q3 23	+73.6%	+95.5%
Q4 23	+28.1%	+12.9%
Q1 24	+15.8%	+21.6%
Q2 24	+5.5%	+3.7%
Q3 24	-13.6%	+3.8%
Q4 24	-9.6%	+4.6%
Q1 25	-32.3%	-21.0%
Q2 25	-2.0%	-3.2%
Q3 25	+15.0%	-1.1%
Q4 25	+17.7%	-1.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$3M	1.0%
Q2 23	$7M	2.0%
Q3 23	$0	0.0%
Q4 23	$3M	0.7%
Q1 24	$4M	1.1%
Q2 24	$0	0.0%
Q3 24	$4M	1.1%
Q4 24	$4M	1.1%
Q1 25	$4M	1.8%
Q2 25	$4M	1.2%
Q3 25	$4M	1.1%
Q4 25	-$13M	-3.4%

OpEx Breakdown

Quarter	G&A
Q1 23	$35M
Q2 23	$36M
Q3 23	$36M
Q4 23	$36M
Q1 24	$38M
Q2 24	$48M
Q3 24	$51M
Q4 24	$50M
Q1 25	$46M
Q2 25	$49M
Q3 25	$53M
Q4 25	$56M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$0	$0	$0
Q2 23	$0	$0	$0
Q3 23	$0	$0	$0
Q4 23	$0	$0	$0
Q1 24	$0	$0	$0
Q2 24	$0	$0	$0
Q3 24	$0	$0	$0
Q4 24	$3.8B	$2.0B	$5.8B
Q1 25	$62M	$2.1B	$2.1B
Q2 25	$73M	$1.9B	$2.0B
Q3 25	$58M	$2.0B	$2.1B
Q4 25	$62M	$1.9B	$2.0B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	32M	-2.2%
Q2 23	32M	-2.3%
Q3 23	32M	+1.8%
Q4 23	33M	+1.1%
Q1 24	33M	+1.0%
Q2 24	33M	-0.5%
Q3 24	33M	+0.2%
Q4 24	33M	+0.0%
Q1 25	32M	-0.8%
Q2 25	32M	-0.4%
Q3 25	33M	+3.4%
Q4 25	35M	+5.8%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$512K	414
FY 15	$530K	517
FY 16	$495K	739
FY 17	$2M	230
FY 18	$2M	247
FY 19	$2M	310
FY 20	$2M	300
FY 21	$3M	300
FY 22	$2M	400
FY 23	$5M	300
FY 24	$5M	300
FY 25	$5M	300