CUBB Q3 2022 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$227M-15.4% YoY

Gross Profit

$158M69.7% margin

Operating Income

$82M36.0% margin

Net Income

$64M28.2% margin

EPS (Diluted)

$1.85

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$109M

Free Cash Flow

$51M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$19.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$227M	$268M	-15.4%
Gross Profit	$158M	$232M	-31.9%
Operating Income	$82M	$152M	-46.3%
Net Income	$64M	$150M	-57.4%

Revenue Segments

Deposit Account

$989,00093%

Credit and Debit Card

$72,0007%