CUBI Q4 2022 Earnings — Customers Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

CUBICustomers Bancorp, Inc.

$2B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$264M+20.1% YoY

Gross Profit

$102M38.4% margin

Operating Income

$36M13.6% margin

Net Income

$29M10.9% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

+18.5%

Cash Flow

Operating Cash Flow

-$296M

Free Cash Flow

-$322M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$20.9B

Total Liabilities

$19.5B

Stockholders' Equity

$1.4B

Cash & Equivalents

$456M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$220M	+20.1%
Gross Profit	$102M	$186M	-45.3%
Operating Income	$36M	$115M	-68.9%
Net Income	$29M	$101M	-71.5%

Revenue Segments

Deposit Account

$958,00093%

Credit and Debit Card

$71,0007%