CUBI Q3 2022 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$223M-13.5% YoY

Gross Profit

$154M69.1% margin

Operating Income

$82M36.7% margin

Net Income

$64M28.7% margin

EPS (Diluted)

$1.85

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$109M

Free Cash Flow

$51M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$19.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$404M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$223M	$258M	-13.5%
Gross Profit	$154M	$222M	-30.4%
Operating Income	$82M	$152M	-46.3%
Net Income	$64M	$116M	-44.9%

Revenue Segments

Deposit Account

$989,00093%

Credit and Debit Card

$72,0007%