CUBB Q2 2020 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$773M

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$137M+12.7% YoY

Gross Profit

$83M60.4% margin

Operating Income

$33M24.1% margin

Net Income

$21M15.6% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-6.4%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$72M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$17.9B

Total Liabilities

$16.9B

Stockholders' Equity

$1.0B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$137M	$122M	+12.7%
Gross Profit	$83M	$69M	+20.1%
Operating Income	$33M	$12M	+179.6%
Net Income	$21M	$6M	+276.6%

Revenue Segments

Credit and Debit Card

$6M66%

Deposit Account

$3M34%