CUBB Q3 2020 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$773M

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$170M+16.5% YoY

Gross Profit

$125M73.5% margin

Operating Income

$63M36.9% margin

Net Income

$48M28.0% margin

EPS (Diluted)

$1.50

QoQ Revenue Growth

+24.3%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$27M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$18.8B

Total Liabilities

$17.7B

Stockholders' Equity

$1.1B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$170M	$146M	+16.5%
Gross Profit	$125M	$91M	+37.9%
Operating Income	$63M	$35M	+78.7%
Net Income	$48M	$23M	+103.0%

Revenue Segments

Credit and Debit Card

$4M54%

Deposit Account

$3M46%