Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034 financials
$21.08−0.80%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.39B | $1.44B | $917.6M | $858.8M | $607.1M | $499.0M |
| Gross profit | $818.3M | $714.8M | $758.0M | $656.0M | $762.9M | $467.5M | $312.6M |
| Gross margin | 57.3% | 51.5% | 52.7% | 71.5% | 88.8% | 77.0% | 62.6% |
| Operating income | $288.4M | $224.4M | $330.7M | $291.3M | $441.2M | $189.8M | $107.8M |
| Net income | $209.2M | $166.4M | $235.4M | $218.4M | $300.1M | $118.5M | $64.9M |
| Net margin | 14.7% | 12.0% | 16.4% | 23.8% | 35.0% | 19.5% | 13.0% |
| Diluted EPS | $6.26 | $5.09 | $7.32 | $6.51 | $8.91 | $3.74 | $2.05 |
| EBITDA | $288.4M | $224.4M | $330.7M | $291.3M | $441.2M | $191.1M | $107.8M |
| Operating cash flow | $494.8M | $145.1M | $124.7M | -$20.8M | $268.3M | $152.0M | $78.3M |
| Free cash flow | $333.7M | $79.9M | $83.5M | -$134.2M | $235.4M | $123.2M | $28.2M |
| Diluted shares | 33.4M | 32.7M | 32.2M | 33.5M | 33.7M | 31.7M | 31.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $62.1M | $56.8M | $45.2M | $58.0M | $35.2M | $78.1M |
| Short-term investments | $7.13B | $6.84B | $7.42B | $4.30B | $4.36B | $1.90B |
| Total debt | $1.71B | $1.41B | $1.51B | $1.11B | $1.10B | $5.57B |
| Total assets | $24.90B | $22.31B | $21.32B | $20.90B | $19.58B | $18.44B |
| Total liabilities | $22.78B | $20.47B | $19.68B | $19.49B | $18.21B | $17.32B |
| Shareholders' equity | $2.12B | $1.84B | $1.64B | $1.40B | $1.37B | $1.12B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology