CUBI Q1 2022 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$202M+12.8% YoY

Gross Profit

$168M82.8% margin

Operating Income

$96M47.5% margin

Net Income

$77M37.9% margin

EPS (Diluted)

$2.18

QoQ Revenue Growth

-8.1%

Cash Flow

Operating Cash Flow

$117M

Free Cash Flow

$114M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$19.2B

Total Liabilities

$17.8B

Stockholders' Equity

$1.4B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$202M	$179M	+12.8%
Gross Profit	$168M	$154M	+8.8%
Operating Income	$96M	$92M	+4.2%
Net Income	$77M	$37M	+109.8%

Revenue Segments

Deposit Account

$940,00093%

Credit and Debit Card

$76,0007%