CUBB Q1 2020 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$773M

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$146M+22.9% YoY

Gross Profit

$70M48.2% margin

Operating Income

$5M3.4% margin

Net Income

$3M2.1% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$42M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$11.1B

Stockholders' Equity

$965M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$119M	+22.9%
Gross Profit	$70M	$72M	-2.8%
Operating Income	$5M	$20M	-75.3%
Net Income	$3M	$12M	-73.8%

Revenue Segments

Credit and Debit Card

$7M66%

Deposit Account

$3M34%