CUBI Q2 2022 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$205M+13.3% YoY

Gross Profit

$149M73.0% margin

Operating Income

$78M37.9% margin

Net Income

$59M28.6% margin

EPS (Diluted)

$1.68

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$20.3B

Total Liabilities

$18.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$245M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$205M	$181M	+13.3%
Gross Profit	$149M	$153M	-2.6%
Operating Income	$78M	$81M	-4.8%
Net Income	$59M	$61M	-4.4%

Revenue Segments

Deposit Account

$964,00098%

Credit and Debit Card

$24,0002%