Customers Bancorp, Inc. (CUBI)

Customers Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	998.15	947.53	1,033	745.31	736.82	512.05
Interest Income on Investments	336.15	380.3	334.62	140.06	44.06	31.26
Total Interest Income	1,334	1,328	1,367	885.37	780.88	543.3
Interest Paid on Deposits	552.31	603.31	576.44	226.24	62.64	92.05
Interest Paid on Borrowings	68.1	70.12	103.47	35.41	33.17	47.57
Total Interest Expense	620.41	673.43	679.91	261.65	95.81	139.62
Net Interest Income	713.88	654.4	687.45	623.72	685.07	403.69
Net Interest Income Growth (YoY)	8.31%	-4.81%	10.22%	-8.96%	69.70%	45.57%
Mortgage Banking Activities	4.42	4.1	4.4	6.74	12.87	13.23
Gain (Loss) on Sale of Assets	-	-	-	-	-2.84	-
Gain (Loss) on Sale of Investments	-79.19	-27.01	-0.57	-23.16	31.39	21.53
Gain (Loss) on Sale of Equity Investments	0.39	11.43	-	-	-	-
Other Non-Interest Income	110.15	87.54	72.98	61.49	25.11	24.53
Total Non-Interest Income	34.92	60.43	70.57	24.75	77.87	63.82
Non-Interest Income Growth (YoY)	-56.08%	-14.36%	185.08%	-68.21%	22.01%	80.87%
Revenues Before Loan Losses	748.8	714.84	758.01	648.47	762.94	467.51
Provision for Loan Losses	96.82	73.45	74.61	60.07	27.43	62.77
Revenue	651.98	641.39	683.4	588.41	735.52	404.73
Revenue Growth (YoY)	-3.09%	-6.15%	16.14%	-20.00%	81.73%	40.35%
Salaries and Employee Benefits	167.62	161.4	120.69	98.22	94.34	81.18
Occupancy Expenses	39.35	34.74	32.1	26.28	20.12	16.92
Federal Deposit Insurance	42.24	41.68	35.04	8.87	10.06	11.66
Selling, General & Administrative	127.98	128.65	124.28	139.46	135.46	88.07
Other Non-Interest Expense	47.81	50.54	36.47	31.81	34.33	15.78
Total Non-Interest Expense	424.99	417.01	348.57	304.63	294.31	213.61
EBT Excluding Unusual Items	226.99	224.37	334.84	283.78	441.21	191.12
Legal Settlements	-	-	-4.1	7.52	-	-
Pretax Income	226.99	224.37	330.74	291.3	441.21	189.76
Income Tax Expense	50.48	42.9	80.6	63.26	86.94	46.72
Earnings From Continuing Operations	176.51	181.47	250.14	228.03	354.27	143.04
Earnings From Discontinued Operations	-	-	-	-	-39.62	-10.46
Net Income	176.51	181.47	250.14	228.03	314.65	132.58
Preferred Dividends & Other Adjustments	14.15	15.04	14.7	9.63	14.51	14.04
Net Income to Common	162.36	166.43	235.45	218.4	300.13	118.54
Net Income Growth	-18.53%	-27.45%	9.70%	-27.53%	137.33%	67.13%
Basic Shares Outstanding	32	32	31	33	32	32
Diluted Shares Outstanding	33	33	32	34	34	32
Shares Change (YoY)	0.03%	1.74%	-4.14%	-0.45%	6.21%	0.26%
EPS (Basic)	5.12	5.28	7.49	6.69	9.29	3.76
EPS (Diluted)	4.96	5.09	7.32	6.51	8.90	3.74
EPS Growth	-19.47%	-30.46%	12.44%	-26.89%	138.06%	82.02%
Effective Tax Rate	22.24%	19.12%	24.37%	21.72%	19.71%	24.62%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q