CUBB Q4 2022 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$285M+23.2% YoY

Gross Profit

$122M42.8% margin

Operating Income

$36M12.6% margin

Net Income

$29M10.1% margin

EPS (Diluted)

$-3.30

QoQ Revenue Growth

+25.3%

Cash Flow

Operating Cash Flow

-$277M

Free Cash Flow

-$281M

Stock-Based Comp.

-$8M

Balance Sheet

Total Assets

$20.9B

Total Liabilities

$19.5B

Stockholders' Equity

$1.4B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$285M	$231M	+23.2%
Gross Profit	$122M	$197M	-38.1%
Operating Income	$36M	$115M	-68.9%
Net Income	$29M	$101M	-71.5%

Revenue Segments

Deposit Account

$958,00093%

Credit and Debit Card

$71,0007%