CUBI Q1 2020 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$136M+13.0% YoY

Gross Profit

$60M44.3% margin

Operating Income

$12M8.6% margin

Net Income

$3M2.3% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-9.0%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$42M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$11.1B

Stockholders' Equity

$965M

Cash & Equivalents

$256M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$136M	$120M	+13.0%
Gross Profit	$60M	$74M	-18.4%
Operating Income	$12M	$20M	-42.1%
Net Income	$3M	$15M	-79.9%

Revenue Segments

Credit and Debit Card

$7M66%

Deposit Account

$3M34%