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Income Statement - Customers Bancorp, Inc. (CUBI)

$(Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-15 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08
Total revenue 1,414.56 1,360.93 1,367.36 895.10 844.61 600.55 496.09 474.77 449.39 376.85 276.44 213.85 148.61 120.53 71.29 35.64 14.58 16.09
Cost of revenue 684.72 746.88 70.57 321.72 123.24 202.39 210.66 165.72 112.28 76.08 74.13 53.25 26.54 36.03 29.96 21.94 14.58 16.09
Gross profit 729.84 614.05 1,367.36 573.38 721.38 398.16 285.44 309.05 337.12 300.76 202.31 160.60 122.08 84.50 41.33 13.70
Total operating expenses + 419.07 389.68 3.10 282.09 280.17 208.40 177.66 218.00 213.24 176.17 113.82 95.08 71.78 48.41 35.46 -14.77 3.43 2.62
Operating income 310.77 224.37 330.74 291.30 441.21 189.76 107.78 91.05 123.88 124.60 88.50 65.51 50.30 36.09 5.87 28.47 -13.22 -0.21
Non-operating income (net) -22.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.02 -1.04
Income before tax 288.43 224.37 330.74 291.30 441.21 189.76 107.78 91.05 123.88 124.60 88.50 65.51 50.30 36.09 5.87 28.47 -13.24 -1.25
Income tax expense 64.34 42.90 80.60 63.26 86.94 46.72 26.39 19.36 45.04 45.89 29.91 20.98 17.60 12.27 1.84 4.73 -0.43
Net income 224.09 181.47 250.14 228.03 314.65 132.58 79.33 71.70 78.84 78.70 58.58 43.21 32.69 23.82 4.03 23.74 -13.24 -0.83
Show Quarterly Income Statement

Income Statement - Customers Bancorp, Inc. (CUBI)

$(Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17 Jun-17 Mar-17 Dec-16 Sep-16 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10
Total revenue 370.63 387.71 387.50 353.55 285.79 313.50 336.89 361.56 348.98 360.81 390.26 341.38 328.41 264.30 223.05 204.74 202.30 220.04 257.76 180.74 179.41 176.74 163.67 135.12 136.14 149.58 149.59 123.34 120.47 122.82 111.61 123.12 117.22 116.84 115.40 111.84 105.33 64.97 111.11 86.69 78.25 76.55 69.62 66.08 64.18 62.57 56.01 52.00 43.74 38.12 37.48 37.15 32.14 38.44 37.12 32.40 22.01 25.62 17.19 17.29 15.08 36.26 0.00 0.00 0.00
Cost of revenue 168.33 150.77 186.11 172.08 175.76 183.28 190.63 184.51 188.46 186.93 194.42 188.52 184.65 162.73 68.89 55.33 34.77 34.23 36.12 27.42 25.47 27.23 45.17 54.18 75.81 56.09 55.41 52.62 46.54 43.16 48.97 39.53 34.05 30.15 32.62 25.78 23.73 18.95 19.72 18.95 17.75 20.42 15.90 22.46 15.35 14.63 16.12 11.05 11.45 2.57 7.30 7.67 5.28 7.20 15.52 8.29 7.03 8.32 6.60 8.64 8.36 5.42 7.30 3.22 6.01
Gross profit 202.30 236.94 201.39 181.48 110.03 130.22 146.26 177.05 160.52 173.88 195.83 152.86 143.76 101.57 154.16 149.41 167.53 185.81 221.64 153.33 153.94 149.51 118.50 80.94 60.33 93.49 94.18 70.73 73.94 79.66 62.65 83.59 83.17 86.69 82.78 86.05 81.60 46.02 91.39 67.74 60.50 56.13 53.73 43.62 48.83 47.93 39.89 40.96 32.29 35.55 30.18 29.48 26.87 31.25 21.60 24.11 14.98 17.29 10.59 8.65 6.72 14.31 0.00 0.00 0.00
Total operating expenses + 111.99 117.31 101.05 102.57 98.14 94.36 100.24 99.94 95.14 89.99 85.61 84.52 75.47 65.73 72.35 71.86 71.44 70.56 69.33 71.86 61.75 71.04 55.44 47.98 48.60 58.51 59.10 58.94 53.66 56.69 56.59 53.10 51.62 54.27 60.13 50.01 48.85 2.35 55.63 31.60 31.45 30.93 30.02 25.66 27.20 27.46 24.29 25.21 20.73 21.73 17.42 16.82 15.81 20.16 11.39 14.03 10.27 12.54 7.32 8.44 9.09 0.00 0.00 0.00 0.00
Operating income 90.31 119.64 100.34 78.90 11.89 35.86 46.02 77.12 65.38 83.89 110.23 68.34 68.28 35.85 81.81 77.55 96.09 115.25 152.31 81.47 92.19 78.47 63.06 32.96 11.73 34.98 35.09 11.79 20.27 22.97 6.06 30.48 31.54 32.42 22.65 36.05 32.76 43.67 35.77 36.14 29.05 25.20 23.70 17.96 21.63 20.47 15.60 15.75 11.57 13.82 12.76 12.66 11.06 11.09 10.21 10.08 4.72 4.76 3.28 0.21 -2.37 0.00 0.00 0.00 0.00
Non-operating income (net) 0.00 -22.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.72 32.29 0.43 0.00
Income before tax 90.31 97.30 100.34 78.90 11.89 35.86 46.02 77.12 65.38 83.89 110.23 68.34 68.28 35.85 81.81 77.55 96.09 115.25 152.31 81.47 92.19 78.47 63.06 32.96 11.73 34.98 35.09 11.79 20.27 22.97 6.06 30.48 31.54 32.42 22.65 36.05 32.76 43.67 35.77 36.14 29.05 25.20 23.70 17.96 21.63 20.47 15.60 15.75 11.57 13.82 12.76 12.66 11.06 11.09 10.21 10.08 4.72 4.76 3.28 0.21 -2.37 0.72 32.29 0.43 0.00
Income tax expense 20.65 22.81 24.60 17.96 -1.02 8.95 -0.73 19.03 15.65 21.80 23.47 20.77 14.56 7.14 17.90 18.90 19.33 12.99 36.26 20.12 17.56 22.22 12.02 7.98 3.27 7.45 8.02 2.49 4.83 5.11 0.03 6.82 7.40 10.81 14.90 12.33 7.01 14.28 14.56 14.37 9.74 7.42 8.42 6.40 7.68 7.29 3.94 5.52 3.43 4.81 4.49 4.43 3.87 3.52 3.57 3.57 1.60 1.54 0.93 0.07 -0.70 0.28 4.46 0.00 0.00
Net income 69.65 74.49 75.75 60.94 12.91 26.92 46.74 58.09 49.73 62.09 86.76 47.57 53.72 28.71 63.91 58.65 76.76 100.67 116.04 61.34 36.60 56.25 50.52 22.72 3.10 27.53 27.07 9.30 15.44 17.86 6.03 23.66 24.14 21.62 7.75 23.72 25.75 20.38 21.21 19.48 18.18 17.79 15.29 11.56 13.95 13.18 11.66 10.23 8.14 9.01 8.27 8.23 7.19 7.57 6.64 6.50 3.11 3.22 2.35 0.15 -1.68 0.44 27.83 0.43 0.00
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