← Customers Bancorp, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $78.7m |
$78.8m
+0.17%
|
$71.7m
-9.06%
|
$79.3m
+10.65%
|
$132.6m
+67.13%
|
$314.6m
+137.33%
|
$228.0m
-27.53%
|
$250.1m
+9.70%
|
$181.5m
-27.45%
|
$224.1m
+23.49%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $69.2m |
$64.4m
-6.95%
|
$57.2m
-11.09%
|
$64.9m
+13.33%
|
$118.5m
+82.74%
|
$300.1m
+153.20%
|
$218.4m
-27.23%
|
$235.4m
+7.80%
|
$166.4m
-29.31%
|
$209.2m
+25.69%
|
— | |
| Depreciation, Amortization and Accretion, Net | $3.6m | $10.8m | $14.2m | $22.9m | $30.5m | $21.7m | $27.2m | $31.8m | $33.6m | $41.8m | $42.7m | |
| Deferred Income Tax Expense (Benefit) | ($2.6m) | $14.8m | $9.3m | $14.5m | ($18.0m) | $17.8m | $6.9m | $22.2m | ($1.1m) | ($11.0m) | $3.8m | |
| Share-based Payment Arrangement, Noncash Expense | $6.5m | $7.2m | $9.7m | $9.9m | $12.9m | $13.9m | $14.2m | $12.6m | $14.4m | $18.5m | $21.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $14.8m | $880k | $1.7m | $2.1m | $5.6m | $5.1m | $2.4m | $5.5m | $13.5m | — | |
| Share-based Payment Arrangement, Expense | $6.2m | $6.1m | $8.6m | $8.9m | $12.0m | $12.6m | $11.0m | $11.2m | $13.2m | $17.1m | $21.3m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | — | $2.3m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $2.3m | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $3.7m | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | — | $3.9m | $996k | $11.1m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | ($59.5m) | ($70.8m) | ($69.8m) | ($77.3m) | — | |
| Increase (Decrease) in Other Operating Assets | $10.0m | $32.3m | $34.6m | $84.1m | $95.8m | ($46.7m) | $3.6m | ($23.6m) | $100.0m | $26.1m | — | |
| Increase (Decrease) in Other Operating Liabilities | $6.3m | ($16.7m) | $9.9m | $15.0m | $38.5m | $103.0m | ($21.0m) | $18.7m | ($32.8m) | $81.4m | — | |
| Gain (Loss) on Disposition of Other Assets | ($130k) | ($154k) | ($183k) | ($137k) | ($50k) | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($270.5m) |
$385.6m
+242.57%
|
$97.5m
-74.72%
|
$78.3m
-19.69%
|
$133.0m
+69.93%
|
($24.4m)
-118.32%
|
$0
+100.00%
|
$0 | $145.1m |
$494.8m
+241.08%
|
$380.9m
-23.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.1m | $2.1m | $1.8m | $1.7m | $4.7m | $613k | $4.0m | $590k | $1.5m | $13.7m | ($151.8m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $64.7m | $48.1m | $44.3m | — | — | — | — | $323.3m | $629.2m | $405.6m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | $1.0m | $20.1m | $31.4m | ($23.2m) | ($574k) | ($27.0m) | ($1.6m) | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | $1.3m | $1.4m | $2.7m | ($710k) | $62k | ($94k) | $381k | ($110k) | |
| Net Cash Provided by (Used in) Investing Activities | ($29.0m) | ($888.5m) | ($104.1m) | ($1.4b) | ($6.4b) | $0 | $0 | $3.2b | ($1.0b) | ($2.1b) | ($3.4b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | $63.2m | — | — | — | — | — | — | — | ($390.0m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $98.6m | $0 | — | — | — | — | — | — | — | $1.3b | |
| Payments for Repurchase of Common Stock | $0 | — | $13.0m | $571k | $0 | $27.7m | $33.2m | $39.8m | $19.2m | $5.6m | — | |
| Proceeds from Issuance of Common Stock | $65.1m | $2.7m | $3.6m | $2.1m | $923k | $27.8m | $533k | $3.1m | $1.8m | $165.9m | $165.4m | |
| Other Interest and Dividend Income | $5.4m | $7.8m | $11.5m | $8.5m | $7.0m | $3.6m | $9.9m | $8.0m | $9.2m | $8.1m | — | |
| Net Cash Provided by (Used in) Financing Activities | $209.7m |
$384.5m
+83.36%
|
($77.6m)
-120.17%
|
$1.5b
+2055.19%
|
$6.8b
+346.60%
|
$0
-100.00%
|
$0 | $108.1m |
$800.6m
+640.71%
|
$2.2b
+173.25%
|
$3.7b
+67.09%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $150.4m | $480.8m | ($175.3m) | ($62.2m) | $3.4b | ($60.4m) | $625.5m | $4.2b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $212.5m | $693.4m | $518.0m | $455.8m | $3.8b | $3.8b | $4.4b | $4.2b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $2.6m | $6.8m | $5.6m | $24.2m | — | — | — | — | — | — | $95.3m | |
| Bank Owned Life Insurance Income | $4.7m | $7.2m | $7.6m | $7.3m | $7.0m | $8.4m | $15.7m | $11.8m | $9.4m | $11.3m | — | |
| Gain (Loss) on Sales of Loans, Net | $3.7m | $4.2m | $3.3m | $2.8m | $3.6m | $12.9m | — | — | ($400k) | — | — | |
| Proceeds from Stock Options Exercised | $500k | $2.0m | $2.8m | $1.4m | $100k | $26.6m | $500k | $2.2m | $800k | $900k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $160.4m | $182.6m | $131.4m | $107.9m | $227.0m | $649.5m | $715.2m | $600.9m | — | |
| Income Taxes Paid, Net | $57.3m | $40.3m | $4.8m | $7.4m | $3.3m | $94.1m | $80.1m | $45.0m | $57.6m | $36.1m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($1.6m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | $2.0m | $12.9m | $4.2m | ($867k) | ($15.6m) | ($60k) | — | |
| Gain (Loss) on Sale of Financing Receivable | — | — | — | — | — | — | ($20.3m) | $200k | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | $7.5m | $0 | $0 | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $87.7m | $78.8m | $71.7m | — | — | $354.3m | $228.0m | $250.1m | $181.5m | $224.1m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($9.0m) | — | — | — | — | ($39.6m) | $0 | $0 | — | — | — | |
| Income Tax Expense (Benefit) | $51.4m | $45.0m | $19.4m | $22.8m | $43.4m | $86.9m | $63.3m | $80.6m | $42.9m | $64.3m | — | |
| Operating Lease, Lease Income | — | — | — | $12.1m | $18.1m | $21.1m | $27.7m | $36.2m | $40.7m | $47.4m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $62.8m | $27.4m | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $46.7m | $40.2m | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | $3.2m | $2.4m | $0 | $1.9m | $3.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.