CUBI Q3 2019 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$150M+34.0% YoY

Gross Profit

$94M63.0% margin

Operating Income

$35M23.5% margin

Net Income

$27M18.1% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

+21.3%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$10.7B

Stockholders' Equity

$1.0B

Cash & Equivalents

$182M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$112M	+34.0%
Gross Profit	$94M	$63M	+50.3%
Operating Income	$35M	$6M	+479.3%
Net Income	$27M	$6M	+348.9%

Revenue Segments

Credit and Debit Card

$7M65%

Deposit Account

$4M35%