Customers Bancorp (CUBI)
Branch-light commercial banking, specialty lending, and instant payments for businesses and consumers.
$77.35
After hours−0.02 (−0.03%)
At close$77.37(−1.90%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 390 | 361 | 349 | 362 | 337 | 314 | 286 | 354 | 388 | 388 | 371 | 345 |
| Cost of revenue | 194 | 187 | 188 | 185 | 191 | 183 | 176 | 172 | 186 | 151 | 168 | 151 |
| Gross profit | 196 | 174 | 161 | 177 | 146 | 130 | 110 | 181 | 201 | 237 | 202 | 193 |
| 86 | 90 | 95 | 100 | 100 | 94 | 98 | 103 | 101 | 117 | 112 | 138 | |
| 59 | 0 | 50 | 56 | 70 | 7 | 55 | 58 | 58 | 53 | 56 | 115 | |
| Selling & marketing | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 0 |
| General & administrative | 58 | −1 | 49 | 55 | 69 | 6 | 54 | 58 | 57 | 52 | 55 | 114 |
| Other expenses | 27 | 90 | 45 | 43 | 30 | 87 | 43 | 44 | 43 | 65 | 56 | 23 |
| Operating income | 110 | 84 | 65 | 77 | 46 | 36 | 12 | 79 | 100 | 120 | 90 | 55 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −22 | 0 | 34 | |
| Interest income | 376 | 346 | 332 | 334 | 332 | 330 | 315 | 328 | 361 | 355 | 336 | 345 |
| Interest expense | 177 | 173 | 171 | 166 | 174 | 162 | 147 | 151 | 160 | 151 | 145 | 151 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −34 |
| Income before tax | 110 | 84 | 65 | 77 | 46 | 36 | 12 | 79 | 100 | 97 | 90 | 89 |
| Income tax expense | 23 | 22 | 16 | 19 | −1 | 9 | −1 | 18 | 25 | 23 | 21 | 18 |
| Net income from continuing operations | 87 | 62 | 50 | 58 | 47 | 27 | 13 | 61 | 76 | 74 | 70 | 72 |
| Net income | 87 | 62 | 50 | 58 | 47 | 27 | 13 | 61 | 76 | 74 | 70 | 72 |
| EPS, basic | $2.65 | $1.86 | $1.46 | $1.72 | $1.36 | $0.74 | $0.30 | $1.77 | $2.28 | $2.05 | $2.04 | $2.12 |
| EPS, diluted | $2.58 | $1.79 | $1.40 | $1.66 | $1.31 | $0.71 | $0.29 | $1.73 | $2.20 | $1.98 | $1.97 | $2.05 |
| Weighted average shares, basic | 31 | 31 | 31 | 32 | 32 | 31 | 31 | 32 | 32 | 34 | 34 | 34 |
| Weighted average shares, diluted | 32 | 33 | 33 | 33 | 33 | 33 | 32 | 32 | 33 | 35 | 35 | 35 |
| EBITDA | 118 | 91 | 74 | 84 | 56 | 45 | 28 | 91 | 102 | 131 | 105 | 102 |
| Depreciation & amortization | 8 | 8 | 8 | 6 | 10 | 9 | 16 | 12 | 2 | 12 | 14 | 13 |
| EBIT | 110 | 84 | 65 | 77 | 46 | 36 | 12 | 79 | 100 | 120 | 90 | 89 |
