CUBB Q4 2023 Earnings — Customers Bancorp, Inc 5.375% S Revenue & Financial Results | Market Cap Arena

CUBBCustomers Bancorp, Inc 5.375% S

$777M

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$365M+28.1% YoY

Gross Profit

$178M48.7% margin

Operating Income

$84M23.0% margin

Net Income

$62M17.0% margin

EPS (Diluted)

$1.91

QoQ Revenue Growth

-7.5%

Cash Flow

Operating Cash Flow

-$118M

Free Cash Flow

-$118M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$21.3B

Total Liabilities

$19.7B

Stockholders' Equity

$1.6B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$365M	$285M	+28.1%
Gross Profit	$178M	$122M	+45.9%
Operating Income	$84M	$36M	+134.0%
Net Income	$62M	$29M	+116.3%