CUBB Q1 2022 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$206M+15.2% YoY

Gross Profit

$171M83.1% margin

Operating Income

$96M46.7% margin

Net Income

$77M37.3% margin

EPS (Diluted)

$2.24

QoQ Revenue Growth

-10.9%

Cash Flow

Operating Cash Flow

$117M

Free Cash Flow

$117M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$19.2B

Total Liabilities

$17.8B

Stockholders' Equity

$1.4B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$206M	$179M	+15.2%
Gross Profit	$171M	$153M	+11.6%
Operating Income	$96M	$92M	+4.2%
Net Income	$77M	$37M	+109.8%

Revenue Segments

Deposit Account

$940,00093%

Credit and Debit Card

$76,0007%