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CUBI

Customers Bancorp Inc

$39.43

Earnings Summary

Revenue
$173.08Mn
Net Profits
$58.65Mn
Net Profit Margins
33.89%
PE Ratio
3.9

Highlights

Revenue:

Customers Bancorp Inc’s revenue jumped 9.32% since last year same period to $173.08Mn in the Q2 2022. On a quarterly growth basis, Customers Bancorp Inc has generated -5.71% fall in its revenue since last 3-months.

Net Profits:

Customers Bancorp Inc’s net profit fell -4.39% since last year same period to $58.65Mn in the Q2 2022. On a quarterly growth basis, Customers Bancorp Inc has generated -23.59% fall in its net profits since last 3-months.

Net Profit Margins:

Customers Bancorp Inc’s net profit margin fell -12.54% since last year same period to 33.89% in the Q2 2022. On a quarterly growth basis, Customers Bancorp Inc has generated -18.96% fall in its net profit margins since last 3-months.

PE Ratio:

Customers Bancorp Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 3.9.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Customers Bancorp Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.96
EPS Estimate Current Year
1.96

Highlights

EPS Estimate Current Quarter:

Customers Bancorp Inc’s earning per share (EPS) estimates for the current quarter stand at 1.96 - a 11.36% jump from last quarter’s estimates.

EPS Estimate Current Year:

Customers Bancorp Inc’s earning per share (EPS) estimates for the current year stand at 1.96.

Key Ratios

Key ratios of the Customers Bancorp Inc post its Q2 2022 earnings

Earning Per Share (EPS)
1.68
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.27
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Customers Bancorp Inc’s earning per share (EPS) fell -2.33% since last year same period to 1.68 in the Q2 2022. This indicates that the Customers Bancorp Inc has generated -2.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Customers Bancorp Inc’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Customers Bancorp Inc’s return on equity (ROE) stands at 0.27.

Dividend Per Share (DPS):

Customers Bancorp Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
1.62
2.18
34.57%
2022-07-02
1.76
1.68
-4.55%

Company Information

Customers Bank, a subsidiary of Customers Bancorp, Inc. a bank holding company, is a full-service super-community bank with assets of approximately $18.4 billion at December 31, 2020. A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking and lending services to small and medium-sized businesses, professionals, individuals and families. Services and products are available wherever permitted by law through digital-first apps, online portals, and a network of offices and branches.

Organisation
Customers Bancorp Inc
Headquarters
West Reading, Pennsylvania, US
Employees
825
Industry
Finance
CEO
Jay Sidhu