CUBI: Customers Bancorp Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Customers Bancorp Inc (CUBI).

OverviewDividends

$1.53B Market Cap.

As of 05/09/2025 5:00 PM ET (MRY) • Disclaimer

CUBI Market Cap. (MRY)


CUBI Shares Outstanding (MRY)


CUBI Assets (MRY)


Total Assets

$22.31B

Total Liabilities

$20.47B

Total Investments

$17.62B

CUBI Income (MRY)


Revenue

$641.39M

Net Income

$181.47M

Operating Expense

$384.47M

CUBI Cash Flow (MRY)


CF Operations

$145.06M

CF Investing

-$1.01B

CF Financing

$800.62M

CUBI Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$22,308,241,000 (4.65%)

$21,316,265,000 (2.01%)

$20,896,112,000 (6.75%)

$19,575,028,000 (6.16%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$3,629,000 (0.00%)

$3,629,000 (0.00%)

$3,629,000 (-2.86%)

$3,736,000 (-5.87%)

Shareholders Equity

$1,836,683,000 (12.10%)

$1,638,394,000 (16.78%)

$1,402,961,000 (2.69%)

$1,366,217,000 (22.30%)

Property Plant & Equipment Net

$6,668,000 (-9.54%)

$7,371,000 (-18.33%)

$9,025,000 (1.52%)

$8,890,000 (-20.80%)

Cash & Equivalents

$3,785,931,000 (-1.57%)

$3,846,346,000 (743.86%)

$455,806,000 (-12.01%)

$518,032,000 (-25.29%)

Accumulated Other Comprehensive Income

-$96,560,000 (29.30%)

-$136,569,000 (16.26%)

-$163,096,000 (-3175.02%)

-$4,980,000 (13.60%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$17,624,626,000 (5.63%)

$16,685,131,000 (-14.72%)

$19,565,702,000 (6.84%)

$18,312,815,000 (7.91%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Accumulated Retained Earnings (Deficit)

$1,326,011,000 (14.35%)

$1,159,582,000 (25.48%)

$924,134,000 (30.95%)

$705,732,000 (60.91%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$1,409,929,000 (-6.58%)

$1,509,277,000 (36.52%)

$1,105,532,000 (-6.29%)

$1,179,759,000 (-79.73%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$20,471,558,000 (4.03%)

$19,677,871,000 (0.95%)

$19,493,151,000 (7.05%)

$18,208,811,000 (5.12%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

CUBI Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$641,387,000 (-6.15%)

$683,403,000 (14.68%)

$595,926,000 (-18.98%)

$735,515,000 (81.73%)

Cost of Revenue

$32,543,000 (8.85%)

$29,898,000 (30.12%)

$22,978,000 (28.92%)

$17,824,000 (21.13%)

Selling General & Administrative Expense

$292,246,000 (18.24%)

$247,167,000 (2.57%)

$240,975,000 (3.83%)

$232,097,000 (35.37%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$384,471,000 (19.12%)

$322,765,000 (14.60%)

$281,651,000 (1.87%)

$276,483,000 (38.06%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$42,904,000 (-46.77%)

$80,597,000 (27.40%)

$63,263,000 (-27.23%)

$86,940,000 (86.10%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

-$39,621,000 (-278.75%)

Consolidated Income

$181,469,000 (-27.45%)

$250,143,000 (9.70%)

$228,034,000 (-27.53%)

$314,647,000 (137.33%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$181,469,000 (-27.45%)

$250,143,000 (9.70%)

$228,034,000 (-27.53%)

$314,647,000 (137.33%)

Preferred Dividends Income Statement Impact

$15,040,000 (2.35%)

$14,695,000 (52.56%)

$9,632,000 (-33.63%)

$14,513,000 (3.36%)

Net Income Common Stock

$166,429,000 (-29.31%)

$235,448,000 (7.80%)

$218,402,000 (-27.23%)

$300,134,000 (153.20%)

Weighted Average Shares

$31,349,258 (-0.21%)

$31,413,946 (-3.39%)

$32,515,393 (0.32%)

$32,412,378 (2.57%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$224,373,000 (-32.16%)

$330,740,000 (13.54%)

$291,297,000 (-27.46%)

$401,587,000 (123.98%)

Gross Profit

$608,844,000 (-6.83%)

$653,505,000 (14.06%)

$572,948,000 (-20.17%)

$717,691,000 (84.02%)

Operating Income

$224,373,000 (-32.16%)

$330,740,000 (13.54%)

$291,297,000 (-33.98%)

$441,208,000 (132.51%)

CUBI Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$1,006,091,000 (-131.86%)

$3,157,723,000 (343.20%)

-$1,298,412,000 (-8.09%)

-$1,201,261,000 (81.30%)

Net Cash Flow from Financing

$800,619,000 (640.71%)

$108,088,000 (-91.40%)

$1,257,011,000 (66.54%)

$754,775,000 (-88.82%)

Net Cash Flow from Operations

$145,057,000 (16.30%)

$124,729,000 (698.94%)

-$20,825,000 (-107.68%)

$271,164,000 (78.37%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$60,415,000 (-101.78%)

$3,390,540,000 (5548.75%)

-$62,226,000 (64.51%)

-$175,322,000 (-136.46%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$3,765,000 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$964,501,000 (-130.72%)

$3,139,806,000 (360.70%)

-$1,204,357,000 (-5.86%)

-$1,137,704,000 (82.21%)

Capital Expenditure

-$46,700,000 (-20.58%)

-$38,728,000 (63.42%)

-$105,862,000 (-363.11%)

-$22,859,000 (20.61%)

Issuance (Repayment) of Debt Securities

-$195,000,000 (-127.86%)

$700,000,000 (115.38%)

$325,000,000 (107.24%)

-$4,491,217,000 (-208.82%)

Issuance (Purchase) of Equity Shares

-$17,482,000 (52.36%)

-$36,694,000 (-12.46%)

-$32,629,000 (-32729.00%)

$100,000 (-89.17%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$14,435,000 (14.70%)

$12,585,000 (-11.06%)

$14,150,000 (2.09%)

$13,860,000 (7.58%)

Depreciation Amortization & Accretion

$33,552,000 (5.47%)

$31,813,000 (17.14%)

$27,157,000 (25.34%)

$21,667,000 (17.03%)

CUBI Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

94.90% (-0.73%)

95.60% (-0.52%)

96.10% (-1.54%)

97.60% (1.24%)

Profit Margin

25.90% (-24.93%)

34.50% (-5.74%)

36.60% (-10.29%)

40.80% (39.25%)

EBITDA Margin

40.20% (-24.29%)

53.10% (-0.56%)

53.40% (-7.13%)

57.50% (17.59%)

Return on Average Equity (ROAE)

9.40% (-39.35%)

15.50% (-1.90%)

15.80% (-33.05%)

23.60% (107.02%)

Return on Average Assets (ROAA)

0.80% (-27.27%)

1.10% (0.00%)

1.10% (-31.25%)

1.60% (128.57%)

Return on Sales (ROS)

35.00% (-27.69%)

48.40% (-1.02%)

48.90% (-10.44%)

54.60% (23.25%)

Return on Invested Capital (ROIC)

1.10% (-31.25%)

1.60% (14.29%)

1.40% (-26.32%)

1.90% (137.50%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

9.22 (19.85%)

7.69 (81.61%)

4.24 (-39.80%)

7.04 (45.54%)

Price to Sales Ratio (P/S)

2.38 (-10.19%)

2.65 (71.35%)

1.55 (-46.34%)

2.88 (103.03%)

Price to Book Ratio (P/B)

0.83 (-24.80%)

1.1 (68.19%)

0.66 (-57.64%)

1.55 (201.75%)

Debt to Equity Ratio (D/E)

11.15 (-7.19%)

12.01 (-13.56%)

13.89 (4.25%)

13.33 (-14.05%)

Earnings Per Share (EPS)

5.28 (-29.51%)

7.49 (11.96%)

6.69 (-27.99%)

9.29 (147.07%)

Sales Per Share (SPS)

20.46 (-5.96%)

21.75 (18.70%)

18.33 (-19.23%)

22.69 (77.18%)

Free Cash Flow Per Share (FCFPS)

3.14 (14.57%)

2.74 (170.28%)

-3.9 (-150.85%)

7.66 (96.44%)

Book Value Per Share (BVPS)

58.59 (12.33%)

52.16 (20.87%)

43.15 (2.37%)

42.15 (19.24%)

Tangible Assets Book Value Per Share (TABVPS)

711.49 (4.87%)

678.45 (5.59%)

642.54 (6.41%)

603.82 (3.51%)

Enterprise Value Over EBIT (EV/EBIT)

-1 (-200.00%)

1 (-83.33%)

6 (50.00%)

4 (-89.47%)

Enterprise Value Over EBITDA (EV/EBITDA)

-0.63 (-201.61%)

0.62 (-88.24%)

5.3 (52.40%)

3.48 (-90.02%)

Asset Turnover

0.03 (-3.23%)

0.03 (3.33%)

0.03 (-21.05%)

0.04 (58.33%)

Current Ratio

-

-

-

-

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$98,357,000 (14.37%)

$86,001,000 (167.88%)

-$126,687,000 (-151.02%)

$248,305,000 (101.50%)

Enterprise Value (EV)

-$163,239,121 (-172.27%)

$225,872,569 (-86.61%)

$1,687,418,238 (14.67%)

$1,471,497,150 (-78.64%)

Earnings Before Tax (EBT)

$224,373,000 (-32.16%)

$330,740,000 (13.54%)

$291,297,000 (-27.46%)

$401,587,000 (123.98%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$257,925,000 (-28.86%)

$362,553,000 (13.85%)

$318,454,000 (-24.76%)

$423,254,000 (113.97%)

Invested Capital

$19,928,610,000 (5.02%)

$18,975,567,000 (-11.91%)

$21,542,209,000 (6.47%)

$20,233,019,000 (-14.13%)

Working Capital

-

-

-

-

Tangible Asset Value

$22,304,612,000 (4.65%)

$21,312,636,000 (2.01%)

$20,892,483,000 (6.75%)

$19,571,292,000 (6.16%)

Market Capitalization

$1,526,081,879 (-15.69%)

$1,810,071,569 (96.43%)

$921,486,238 (-56.51%)

$2,118,797,150 (268.80%)

Average Equity

$1,769,086,250 (16.43%)

$1,519,418,250 (10.09%)

$1,380,172,000 (8.46%)

$1,272,491,500 (22.91%)

Average Assets

$21,513,666,250 (-1.03%)

$21,738,399,000 (7.78%)

$20,169,859,250 (4.59%)

$19,284,179,500 (14.89%)

Invested Capital Average

$19,512,775,250 (-5.42%)

$20,631,413,750 (-2.19%)

$21,093,996,500 (-0.93%)

$21,291,596,000 (-0.08%)

Shares

31,349,258 (-0.21%)

31,413,946 (-3.39%)

32,515,393 (0.32%)

32,412,378 (2.57%)