CUBI Q2 2020 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$135M+9.5% YoY

Gross Profit

$81M59.9% margin

Operating Income

$33M24.4% margin

Net Income

$23M16.8% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$72M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$17.9B

Total Liabilities

$16.9B

Stockholders' Equity

$1.0B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$135M	$123M	+9.5%
Gross Profit	$81M	$71M	+14.4%
Operating Income	$33M	$12M	+179.6%
Net Income	$23M	$9M	+144.4%

Revenue Segments

Credit and Debit Card

$6M66%

Deposit Account

$3M34%