CUBI Q1 2021 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$179M+31.8% YoY

Gross Profit

$154M85.8% margin

Operating Income

$92M51.4% margin

Net Income

$37M20.4% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$178M

Free Cash Flow

$172M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$18.8B

Total Liabilities

$17.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$515M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$179M	$136M	+31.8%
Gross Profit	$154M	$60M	+155.2%
Operating Income	$92M	$12M	+686.1%
Net Income	$37M	$3M	+1080.5%

Revenue Segments

Deposit Account

$863,00091%

Credit and Debit Card

$85,0009%