CUBB Q1 2021 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$179M+22.2% YoY

Gross Profit

$153M85.8% margin

Operating Income

$92M51.6% margin

Net Income

$37M20.5% margin

EPS (Diluted)

$2.17

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$178M

Free Cash Flow

$172M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$18.8B

Total Liabilities

$17.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$179M	$146M	+22.2%
Gross Profit	$153M	$70M	+117.6%
Operating Income	$92M	$5M	+1741.6%
Net Income	$37M	$3M	+1080.5%

Revenue Segments

Deposit Account

$863,00091%

Credit and Debit Card

$85,0009%