CUBB Q3 2023 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$394M+73.6% YoY

Gross Profit

$200M50.7% margin

Operating Income

$110M28.0% margin

Net Income

$87M22.0% margin

EPS (Diluted)

$2.70

QoQ Revenue Growth

+13.9%

Cash Flow

Operating Cash Flow

$136M

Free Cash Flow

$136M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$20.3B

Stockholders' Equity

$1.6B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$394M	$227M	+73.6%
Gross Profit	$200M	$158M	+26.3%
Operating Income	$110M	$82M	+34.7%
Net Income	$87M	$64M	+35.7%