Customers Bancorp, Inc 5.375% S
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Customers Bancorp, Inc 5.375% S's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $683,403,000. Profit margin reached 37%. Total operating expenses were $277,065,000.

Profit Margin

Customers Bancorp, Inc 5.375% S (NYSE:CUBB): Profit margin
2014 162.30M 44.53M 27.44%
2015 203.44M 56.09M 27.57%
2016 322.53M 78.70M 24.4%
2017 372.85M 78.83M 21.14%
2018 417.95M 71.69M 17.15%
2019 463.73M 79.32M 17.11%
2020 543.30M 132.57M 24.4%
2021 780.88M 431.14M 55.21%
2022 885.37M 616.21M 69.6%
2023 683.40M 250.14M 36.6%

CUBB Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
683.40M885.37M780.88M543.30M463.73M417.95M372.85M322.53M203.44M162.30M
Cost of revenue
-683.95M0000000-46.40M-28.12M
Gross profit
1.36B885.37M780.88M543.30M463.73M417.95M372.85M322.53M249.85M190.42M
Operating exp.
Research and development
0000000000
Selling and marketing
3.09M2.54M1.52M2.22M4.04M2.44M1.47M576K1.47M1.18M
Total operating expenses
277.06M2.54M-426.61M-367.34M4.04M2.44M1.47M576K114.94M96.78M
Operating income
406.33M552.95M354.26M175.95M102.12M91.05M123.87M87.70M101.73M80.23M
Other income (expenses), net
-75.59M-261.65M86.94M-13.02M102.12M0-8.88M51.41M-13.24M-16.84M
Income before tax
330.74M291.29M441.20M175.95M102.12M91.05M123.87M139.11M88.49M65.51M
Income tax expense
80.59M-324.91M10.06M43.38M22.79M19.35M45.04M51.41M29.91M20.98M
Net income
250.14M616.21M431.14M132.57M79.32M71.69M78.83M78.70M56.09M44.53M
Earnings per share
Basic EPS
7.4918.8813.344.212.542.272.572.501.961.59
Diluted EPS
7.3218.3712.794.182.512.222.422.301.961.59
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