CUBI Q3 2020 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$164M+9.4% YoY

Gross Profit

$119M72.4% margin

Operating Income

$63M38.5% margin

Net Income

$51M30.9% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

+21.1%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$27M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$18.8B

Total Liabilities

$17.7B

Stockholders' Equity

$1.1B

Cash & Equivalents

$331M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$164M	$150M	+9.4%
Gross Profit	$119M	$94M	+25.8%
Operating Income	$63M	$35M	+79.7%
Net Income	$51M	$27M	+86.6%

Revenue Segments

Credit and Debit Card

$4M54%

Deposit Account

$3M46%