CUBB Q2 2022 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$209M+16.4% YoY

Gross Profit

$154M73.5% margin

Operating Income

$78M37.1% margin

Net Income

$59M28.0% margin

EPS (Diluted)

$3.81

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$49M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$20.3B

Total Liabilities

$18.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$209M	$180M	+16.4%
Gross Profit	$154M	$152M	+1.0%
Operating Income	$78M	$81M	-4.8%
Net Income	$59M	$61M	-4.4%

Revenue Segments

Deposit Account

$964,00098%

Credit and Debit Card

$24,0002%