← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Including Assessed Tax | $249.5m | $267.3m | $257.9m | $46.7m | $40.2m | $685.1m | $623.7m | $687.4m | $654.4m | $750.5m | — | |
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $249.5m |
$267.3m
+7.14%
|
$257.9m
-3.54%
|
$277.3m
+7.54%
|
$403.7m
+45.57%
|
$685.1m
+69.70%
|
$623.7m
-8.96%
|
$687.4m
+10.22%
|
$654.4m
-4.81%
|
$750.5m
+14.68%
|
$1.4b
+86.23%
|
|
| Marketing and Advertising Expense | $576k | $1.5m | $2.4m | $4.0m | $2.2m | $1.5m | $2.5m | $3.1m | $4.5m | $2.4m | — | |
| Labor and Related Expense | $67.9m | $95.5m | $104.8m | $107.6m | $126.0m | $108.2m | $112.4m | $133.3m | $175.8m | $189.0m | — | |
| Operating Lease, Lease Income | — | — | — | $12.1m | $18.1m | $21.1m | $27.7m | $36.2m | $40.7m | $47.4m | — | |
| Noninterest expense: | ||||||||||||
| Interest Expense | $73.0m | $105.5m | $160.1m | $186.4m | $139.6m | $95.8m | $261.7m | $679.9m | — | — | $606.6m | |
| Total interest expense | — | — | — | — | — | — | — | — | $673.4m | $609.1m | — | |
| Interest income: | ||||||||||||
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | $7.5m | $0 | $0 | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $139.1m | $123.9m | $91.1m | — | — | $441.2m | $291.3m | $330.7m | $224.4m | $288.4m | $377.4m | |
| Current Income Tax Expense (Benefit) | $54.0m | $29.9m | $10.1m | $8.3m | $39.7m | $69.2m | $56.4m | $58.4m | $44.0m | $75.3m | $85.9m | |
| Income Tax Expense (Benefit) | $51.4m | $45.0m | $19.4m | $22.8m | $43.4m | $86.9m | $63.3m | $80.6m | $42.9m | $64.3m | $85.9m | |
| 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%
|
$285.0m
+27.19%
|
|
| 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%
|
$285.0m
+36.26%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | — | — | — | — | — | $339.8m | $218.4m | $235.4m | — | — | $285.0m | |
| Preferred Stock Dividends, Income Statement Impact | $9.5m | $14.5m | $14.5m | $14.5m | $14.0m | $11.7m | $9.6m | $14.7m | $15.0m | $10.2m | $14.0m | |
| Earnings Per Share, Basic | $2.51 | $2.10 | $1.81 | $2.08 | $3.76 | $9.29 | $6.69 | $7.49 | $5.28 | $6.46 | $8.55 | |
| Earnings Per Share, Diluted | $2.31 | $1.97 | $1.78 | $2.05 | $3.74 | $8.91 | $6.51 | $7.32 | $5.09 | $6.26 | $8.26 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $3 | — | — | — | — | $11 | $7 | $7 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $3 | — | — | — | — | $10 | $7 | $7 | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 27.6m | 30.7m | 31.6m | 31.2m | 31.5m | 32.3m | 32.6m | 31.4m | 31.5m | 32.4m | 33.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 30.0m | 32.6m | 32.2m | 31.6m | 31.7m | 33.7m | 33.5m | 32.2m | 32.7m | 33.4m | 34.8m | |
| Additional Financial Items | ||||||||||||
| 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 | — | |
| 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 | — | |
| Business Combination, Acquisition Related Costs | $1.2m | $410k | $4.4m | $100k | $2.1m | $418k | $0 | — | — | — | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | — | $3.9m | $996k | $11.1m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $2.3m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | ($59.5m) | ($70.8m) | ($69.8m) | ($77.3m) | — | |
| Lease Income | — | — | $5.4m | — | — | — | — | — | — | — | — | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | $7.0m | $4.4m | ($23.2m) | $574k | ($27.0m) | ($55.3m) | — | |
| 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 | — | — | — |