CUBB Q3 2024 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$341M-13.6% YoY

Gross Profit

$150M44.0% margin

Operating Income

$46M13.5% margin

Net Income

$47M13.7% margin

EPS (Diluted)

$1.31

QoQ Revenue Growth

-6.7%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$29M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$21.5B

Total Liabilities

$19.7B

Stockholders' Equity

$1.8B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$341M	$394M	-13.6%
Gross Profit	$150M	$200M	-24.9%
Operating Income	$46M	$110M	-58.3%
Net Income	$47M	$87M	-46.1%