CUBI Q1 2019 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q1 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$120M+2.8% YoY

Gross Profit

$74M61.4% margin

Operating Income

$20M16.8% margin

Net Income

$15M12.8% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$14M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$9.2B

Stockholders' Equity

$978M

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$120M	$117M	+2.8%
Gross Profit	$74M	$83M	-11.1%
Operating Income	$20M	$32M	-35.7%
Net Income	$15M	$24M	-36.0%

Revenue Segments

Credit and Debit Card

$9M80%

Deposit Account

$2M20%