CUBI Q3 2021 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$258M+57.5% YoY

Gross Profit

$222M86.0% margin

Operating Income

$152M59.1% margin

Net Income

$116M45.0% margin

EPS (Diluted)

$3.25

QoQ Revenue Growth

+42.6%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$19.1B

Total Liabilities

$17.8B

Stockholders' Equity

$1.3B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$258M	$164M	+57.5%
Gross Profit	$222M	$119M	+87.0%
Operating Income	$152M	$63M	+141.5%
Net Income	$116M	$51M	+129.7%

Revenue Segments

Deposit Account

$994,00092%

Credit and Debit Card

$83,0008%