Customers Bancorp Inc Financials
This page shows Customers Bancorp Inc (CUBI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Customers Bancorp’s FY2025 earnings rebound came mainly from better funding economics and cash conversion, not from a much larger balance sheet.
From FY2024 to FY2025, revenue rose just2.4% while net income rose23.5% . With operating cash flow reaching$495M as interest expense fell to$609M , the rebound looks driven more by funding-cost relief and cash conversion than by balance-sheet expansion alone.
The balance sheet is still liability-funded: ROA was only
This is a low-capex model: capital spending was just
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Customers Bancorp Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Customers Bancorp Inc's revenue grew a modest 2.4% year-over-year to $1.4B. This slow but positive growth earns a score of 33/100.
Customers Bancorp Inc has elevated debt relative to equity (D/E of 10.77), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Customers Bancorp Inc converts 35.4% of revenue into free cash flow ($481.0M). This strong cash generation earns a score of 82/100.
Customers Bancorp Inc's ROE of 10.6% shows moderate profitability relative to equity, earning a score of 36/100. This is up from 9.9% the prior year.
Customers Bancorp Inc passes 4 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Customers Bancorp Inc generates $2.21 in operating cash flow ($494.8M OCF vs $224.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Customers Bancorp Inc generated $1.4B in revenue in fiscal year 2025. This represents an increase of 2.4% from the prior year.
Customers Bancorp Inc reported $224.1M in net income in fiscal year 2025. This represents an increase of 23.5% from the prior year.
Customers Bancorp Inc earned $6.26 per diluted share (EPS) in fiscal year 2025. This represents an increase of 23.0% from the prior year.
Cash & Balance Sheet
Customers Bancorp Inc generated $481.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 235.1% from the prior year.
Customers Bancorp Inc held $4.4B in cash against $0 in long-term debt as of fiscal year 2025.
Customers Bancorp Inc had 34M shares outstanding in fiscal year 2025. This represents an increase of 9.1% from the prior year.
Margins & Returns
Customers Bancorp Inc's net profit margin was 16.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.8 percentage points from the prior year.
Customers Bancorp Inc's ROE was 10.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the prior year.
Capital Allocation
Customers Bancorp Inc spent $5.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 70.7% from the prior year.
Customers Bancorp Inc invested $13.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 821.5% from the prior year.
CUBI Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $336.3M-5.3% | $355.2M-1.7% | $361.5M+10.2% | $328.0M+4.2% | $314.9M-4.5% | $329.9M-0.7% | $332.1M-0.6% | $334.0M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $51.3M-0.9% | $51.7M+6.2% | $48.7M+6.3% | $45.8M+7.4% | $42.7M-9.5% | $47.1M-1.2% | $47.7M+6.2% | $44.9M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $145.0M-3.9% | $150.8M-5.5% | $159.6M+5.5% | $151.3M+2.6% | $147.5M-9.0% | $162.1M-6.6% | $173.6M+4.3% | $166.4M |
| Income Tax | $20.7M-9.4% | $22.8M-7.3% | $24.6M+36.9% | $18.0M+1854.2% | -$1.0M-111.4% | $8.9M+1333.9% | -$725K-103.8% | $19.0M |
| Net Income | $69.7M-6.5% | $74.5M-1.7% | $75.7M+24.3% | $60.9M+372.0% | $12.9M-52.0% | $26.9M-42.4% | $46.7M-19.5% | $58.1M |
| EPS (Diluted) | $1.97 | N/A | $2.20+27.2% | $1.73+496.6% | $0.29 | N/A | $1.31-21.1% | $1.66 |
CUBI Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $25.9B+4.0% | $24.9B+2.6% | $24.3B+7.6% | $22.6B+0.6% | $22.4B+0.5% | $22.3B+4.0% | $21.5B+2.5% | $20.9B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $4.8B+8.8% | $4.4B+5.4% | $4.2B+19.5% | $3.5B+2.2% | $3.4B-9.4% | $3.8B+22.6% | $3.1B+1.3% | $3.0B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $23.7B+4.2% | $22.8B+2.9% | $22.1B+7.0% | $20.7B+0.6% | $20.6B+0.4% | $20.5B+4.2% | $19.7B+2.4% | $19.2B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.1B+1.4% | $2.1B-0.5% | $2.1B+14.1% | $1.9B-0.1% | $1.9B+1.5% | $1.8B+2.0% | $1.8B+3.1% | $1.7B |
| Retained Earnings | $1.6B+4.5% | $1.5B+4.8% | $1.5B+5.3% | $1.4B+4.2% | $1.3B+0.7% | $1.3B+1.8% | $1.3B+3.4% | $1.3B |
CUBI Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.1M-71.2% | $121.6M+4.0% | $116.9M-27.9% | $162.2M+72.3% | $94.1M-29.4% | $133.4M+446.8% | $24.4M+301.6% | $6.1M |
| Capital Expenditures | $49K-98.0% | $2.5M-76.2% | $10.5M+12083.7% | $86K-87.5% | $686K+37.5% | $499K+94.9% | $256K-19.5% | $318K |
| Free Cash Flow | $35.0M-70.6% | $119.1M+11.9% | $106.4M-34.3% | $162.1M+73.5% | $93.4M-29.7% | $132.9M+450.5% | $24.1M+319.4% | $5.8M |
| Investing Cash Flow | -$626.3M-52.0% | -$412.1M+59.8% | -$1.0B-760.6% | -$119.2M+76.2% | -$500.0M-91.5% | -$261.1M+32.5% | -$386.7M-98.1% | -$195.2M |
| Financing Cash Flow | $978.0M+89.4% | $516.3M-67.5% | $1.6B+4896.3% | $31.8M-34.6% | $48.7M-94.1% | $825.6M+105.5% | $401.7M+186.7% | -$463.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $42.7M | $0 | $0 | $0-100.0% | $5.6M+446.1% | $1.0M-94.3% | $18.2M | $0 |
CUBI Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 20.7%-0.3pp | 21.0%+0.0pp | 20.9%+2.4pp | 18.6%+14.5pp | 4.1%-4.1pp | 8.2%-5.9pp | 14.1%-3.3pp | 17.4% |
| Return on Equity | 3.3%-0.3pp | 3.5%-0.0pp | 3.6%+0.3pp | 3.3%+2.6pp | 0.7%-0.8pp | 1.5%-1.1pp | 2.6%-0.7pp | 3.3% |
| Return on Assets | 0.3%-0.0pp | 0.3%0.0pp | 0.3%+0.0pp | 0.3%+0.2pp | 0.1%-0.1pp | 0.1%-0.1pp | 0.2%-0.1pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 11.07+0.3 | 10.77+0.4 | 10.41-0.7 | 11.10+0.1 | 11.03-0.1 | 11.15+0.2 | 10.91-0.1 | 10.99 |
| FCF Margin | 10.4%-23.1pp | 33.5%+4.1pp | 29.4%-20.0pp | 49.4%+19.7pp | 29.7%-10.6pp | 40.3%+33.0pp | 7.3%+5.5pp | 1.7% |
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Frequently Asked Questions
What is Customers Bancorp Inc's annual revenue?
Customers Bancorp Inc (CUBI) reported $1.4B in total revenue for fiscal year 2025. This represents a 2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Customers Bancorp Inc's revenue growing?
Customers Bancorp Inc (CUBI) revenue grew by 2.4% year-over-year, from $1.3B to $1.4B in fiscal year 2025.
Is Customers Bancorp Inc profitable?
Yes, Customers Bancorp Inc (CUBI) reported a net income of $224.1M in fiscal year 2025, with a net profit margin of 16.5%.
What is Customers Bancorp Inc's net profit margin?
Customers Bancorp Inc (CUBI) had a net profit margin of 16.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Customers Bancorp Inc's return on equity (ROE)?
Customers Bancorp Inc (CUBI) has a return on equity of 10.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Customers Bancorp Inc's free cash flow?
Customers Bancorp Inc (CUBI) generated $481.0M in free cash flow during fiscal year 2025. This represents a 235.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Customers Bancorp Inc's operating cash flow?
Customers Bancorp Inc (CUBI) generated $494.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Customers Bancorp Inc's total assets?
Customers Bancorp Inc (CUBI) had $24.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Customers Bancorp Inc's capital expenditures?
Customers Bancorp Inc (CUBI) invested $13.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Customers Bancorp Inc's debt-to-equity ratio?
Customers Bancorp Inc (CUBI) had a debt-to-equity ratio of 10.77 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Customers Bancorp Inc's return on assets (ROA)?
Customers Bancorp Inc (CUBI) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Customers Bancorp Inc's Piotroski F-Score?
Customers Bancorp Inc (CUBI) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Customers Bancorp Inc's earnings high quality?
Customers Bancorp Inc (CUBI) has an earnings quality ratio of 2.21x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Customers Bancorp Inc?
Customers Bancorp Inc (CUBI) scores 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.