Customers Bancorp, Inc. (CUBI)

Customers Bancorp Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	1,034	947.53	1,033	745.31	736.82
Interest Income on Investments	325.24	380.3	334.62	140.06	44.06
Total Interest Income	1,360	1,328	1,367	885.37	780.88
Interest Paid on Deposits	539.13	603.31	576.44	226.24	62.64
Interest Paid on Borrowings	69.97	70.12	103.47	35.41	33.17
Total Interest Expense	609.1	673.43	679.91	261.65	95.81
Net Interest Income	750.49	654.4	687.45	623.72	685.07
Net Interest Income Growth (YoY)	14.68%	-4.81%	10.22%	-8.96%	69.70%
Mortgage Banking Activities	4.75	4.1	4.4	6.74	12.87
Gain (Loss) on Sale of Assets	-	-	-	-	-2.84
Gain (Loss) on Sale of Investments	-52.96	-27.01	-0.57	-23.16	31.39
Gain (Loss) on Sale of Equity Investments	-	11.43	-	-	-
Other Non-Interest Income	116.1	87.54	72.98	61.49	25.11
Total Non-Interest Income	67.82	60.43	70.57	24.75	77.87
Non-Interest Income Growth (YoY)	12.23%	-14.36%	185.08%	-68.21%	22.01%
Revenues Before Loan Losses	818.31	714.84	758.01	648.47	762.94
Provision for Loan Losses	97.96	73.45	74.61	60.07	27.43
Revenue	720.35	641.39	683.4	588.41	735.52
Revenue Growth (YoY)	12.31%	-6.15%	16.14%	-20.00%	81.73%
Salaries and Employee Benefits	188.99	161.4	120.69	98.22	94.34
Occupancy Expenses	38.34	34.74	32.1	26.28	20.12
Federal Deposit Insurance	41.18	41.68	35.04	8.87	10.06
Selling, General & Administrative	111.94	128.65	124.28	139.46	135.46
Other Non-Interest Expense	51.48	50.54	36.47	31.81	34.33
Total Non-Interest Expense	431.92	417.01	348.57	304.63	294.31
EBT Excluding Unusual Items	288.43	224.37	334.84	283.78	441.21
Legal Settlements	-	-	-4.1	7.52	-
Pretax Income	288.43	224.37	330.74	291.3	441.21
Income Tax Expense	64.34	42.9	80.6	63.26	86.94
Earnings From Continuing Operations	224.09	181.47	250.14	228.03	354.27
Earnings From Discontinued Operations	-	-	-	-	-39.62
Net Income	224.09	181.47	250.14	228.03	314.65
Preferred Dividends & Other Adjustments	14.91	15.04	14.7	9.63	14.51
Net Income to Common	209.18	166.43	235.45	218.4	300.13
Net Income Growth	23.49%	-27.45%	9.70%	-27.53%	137.33%
Basic Shares Outstanding	32	32	31	33	32
Diluted Shares Outstanding	33	33	32	34	34
Shares Change (YoY)	2.20%	1.74%	-4.14%	-0.45%	6.21%
EPS (Basic)	6.46	5.28	7.49	6.69	9.29
EPS (Diluted)	6.26	5.09	7.32	6.51	8.90
EPS Growth	22.99%	-30.46%	12.44%	-26.89%	138.06%
Effective Tax Rate	22.31%	19.12%	24.37%	21.72%	19.71%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q