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CUBB

Customers Bancorp, Inc 5.375% S

CUBB

Customers Bancorp, Inc 5.375% S • NYSE
$21.45 ▲ 0.04% (+0.01)
Market Cap $2.11 B
52w High $21.79
52w Low $18.30
Dividend Yield 1.34%
P/E 0
Volume 1.20K
Outstanding Shares 98.53M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $365.046M ▲ $111.542M ▲ $75.745M ▲ 20.749% ▼ $2.28 ▲ $73.061M ▲
Q2-2025 $185.528M ▲ $82.835M ▲ $60.939M ▲ 32.846% ▲ $1.77 ▲ $0
Q1-2025 $114.659M ▼ $78.246M ▼ $12.912M ▼ 11.261% ▼ $0.3 ▼ $0
Q4-2024 $146.236M ▼ $87.968M ▲ $26.915M ▼ 18.405% ▼ $0.74 ▼ $0
Q3-2024 $150.036M $82.059M $46.743M 31.155% $1.36 $0

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 $24.26B ▲ $22.134B ▲ $2.126B ▲
Q2-2025 $0 $22.551B ▲ $20.687B ▲ $1.864B ▼
Q1-2025 $0 ▼ $22.423B ▲ $20.558B ▲ $1.865B ▲
Q4-2024 $2.076B ▲ $22.308B ▲ $20.472B ▲ $1.837B ▲
Q3-2024 $0 $21.456B $19.655B $1.801B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $60.939M ▲ $162.154M ▲ $-119.174M ▲ $31.841M ▼ $74.821M ▲ $179.238M ▲
Q1-2025 $12.912M ▼ $94.121M ▼ $-500.028M ▼ $48.666M ▼ $-357.241M ▼ $93.435M ▼
Q4-2024 $26.915M ▼ $133.402M ▲ $-261.067M ▲ $825.574M ▲ $697.909M ▲ $132.903M ▲
Q3-2024 $46.743M ▼ $24.398M ▲ $-386.705M ▼ $401.742M ▲ $39.435M ▲ $29.141M ▲
Q2-2024 $58.085M $6.075M $0 $-463.449M $0 $5.757M

Revenue by Products

Product Q1-2022Q2-2022Q3-2022Q4-2022
Credit and Debit Card
Credit and Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Earnings have been consistently positive over the past five years, but also quite up‑and‑down. Profitability surged a few years ago, then eased back more recently as growth in revenue slowed and margins compressed. The bank is still clearly earning money, yet the step down from prior peak earnings suggests a more normal, less super‑charged profitability environment. That’s typical for banks coming off an unusually strong rate and credit cycle, but it’s worth recognizing that recent results are solid rather than exceptional compared with the prior high point.

Balance Sheet

Balance Sheet The balance sheet shows steady growth and a gradual strengthening of capital. Total assets have risen at a measured pace, while shareholders’ equity has climbed, indicating that the bank is retaining earnings and building a thicker capital cushion. Debt levels are meaningfully lower than they were several years ago, even after a small uptick, which reduces financial strain. Cash and liquid balances increased sharply in the middle of the period and remain high, giving the bank ample flexibility to manage funding and support its specialized lending strategy.

Cash Flow

Cash Flow Where data is available, the bank is generating positive cash from its core operations, and it has been able to fund its modest investment needs while still leaving room for surplus cash. Capital spending is light, consistent with a tech‑enabled, branch‑light banking model rather than a heavy bricks‑and‑mortar footprint. Some years of cash‑flow detail are missing, so the picture is not complete, but the available figures suggest a business that is self‑funding and not overly reliant on external financing to support growth.

Competitive Edge

Competitive Edge Customers Bancorp competes as a specialized, tech‑forward regional bank rather than a broad, mass‑market institution. Its strengths come from focusing on niche areas such as fund finance, lender finance, venture banking, and select commercial real estate, where deep expertise and relationships matter. The proprietary real‑time payments platform, cubiX, and a digital‑first, low‑branch model give it a cost and speed advantage versus many traditional regional banks. Strong capital and deposit franchises in targeted segments add resilience. On the risk side, its concentration in specialized and faster‑moving markets, including digital‑asset‑related clients and venture firms, exposes it more to shifts in those ecosystems and to regulatory and reputational scrutiny. Competition from both large banks and fintechs remains intense, so continued execution and risk management are critical to sustaining its current edge.

Innovation and R&D

Innovation and R&D Innovation is a clear pillar of the strategy. The bank’s "high‑tech, high‑touch" model combines a sophisticated digital platform with dedicated relationship managers. Key initiatives include the cubiX real‑time payments system, which supports always‑on U.S. dollar transfers for institutional and digital‑asset clients, and Banking‑as‑a‑Service offerings built through partnerships with fintech companies. Customers Bancorp also invests directly in fintech funds to stay close to emerging technologies and potential partners. Recent moves into venture banking, title‑industry banking, and strategic team hires show a willingness to innovate by entering specialized verticals quickly. The opportunity is meaningful, but it also raises execution and integration risk as the bank balances rapid innovation with prudent risk controls.

Summary

Overall, Customers Bancorp is a profitable, niche‑focused regional bank that leans heavily on technology to differentiate itself. Financially, it has moved from a period of unusually strong earnings to a more moderate, but still healthy, profitability profile, while steadily strengthening its capital base and balance sheet. Its competitive strengths are centered on digital capabilities, real‑time payments, operational efficiency, and relationship‑driven service in specialized markets. At the same time, its strategy involves exposure to faster‑moving, sometimes more volatile segments such as digital‑asset ecosystems and venture banking, which heightens the importance of disciplined risk management and regulatory awareness. The bank’s future will hinge on how well it can keep innovating in payments and niche banking while maintaining asset quality, funding stability, and operational control.