CUBI FY 2023 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.4B+58.7% YoY

Gross Profit

$666M46.9% margin

Operating Income

$331M23.3% margin

Net Income

$250M17.6% margin

EPS (Diluted)

$7.32

Cash Flow

Operating Cash Flow

$125M

Free Cash Flow

$83M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$21.3B

Total Liabilities

$19.7B

Stockholders' Equity

$1.6B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$895M	+58.7%
Gross Profit	$666M	$573M	+16.2%
Operating Income	$331M	$291M	+13.5%
Net Income	$250M	$228M	+9.7%