Customers Bancorp, Inc.
CUBI NYSE State Commercial Banks Financials FY2016–FY2025
Last close · Oct 23, 2026
$84.54
7.4%
Revenue
Total sales reported in the income statement.
$818M
14.5%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
52.8%
5.6 pts
Net income
Profit after all expenses, interest and tax.
$224M
23.5%
Return on equity
Net income as a share of average shareholders' equity.
11.3%
0.9 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
$3.0B
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
10.2x
On $8.26 EPS (TTM)
What Customers Bancorp, Inc. does
No business description yet.
- Legal name
- Customers Bancorp, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Accession · CIK
- 0001488813-26-000029
0001488813
Revenue and margins
Customers Bancorp, Inc. had $818M of revenue in fiscal 2025, up 14.5% on the year before.
FY16
Revenue $306M
FY17
Revenue $56.0M
FY18
Revenue $43.2M
FY19
Revenue $46.7M
FY20
Revenue $40.2M
FY21
Revenue $763M
FY22
Revenue $656M
FY23
Revenue $758M
FY24
Revenue $715M
FY25
Revenue $818M
Q3 '23
Revenue $218M
Q4 '23
Revenue $191M
Q1 '24
Revenue $182M
Q2 '24
Revenue $199M
Q3 '24
Revenue $167M
Q4 '24
Revenue $167M
Q1 '25
Revenue $143M
Q2 '25
Revenue $206M
Q3 '25
Revenue $232M
Q4 '25
Revenue $237M
Q1 '26
Revenue $226M
Q2 '26
Revenue $227M
FY16
Net interest share 81.6%
Efficiency ratio 58.3%
FY17
Net interest share 477.7%
Efficiency ratio 385.3%
FY18
Net interest share 596.4%
Efficiency ratio 509.2%
FY19
Net interest share 593.6%
Efficiency ratio 386.5%
FY20
Net interest share 1,004.3%
Efficiency ratio 534.8%
FY21
Net interest share 89.8%
Efficiency ratio 38.6%
FY22
Net interest share 95.1%
Efficiency ratio 46.4%
FY23
Net interest share 90.7%
Efficiency ratio 46.5%
FY24
Net interest share 91.5%
Efficiency ratio 58.3%
FY25
Net interest share 91.7%
Efficiency ratio 52.8%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 91.8%
Efficiency ratio 41.1%
Q4 '23
Net interest share 90.2%
Efficiency ratio 49.0%
Q1 '24
Net interest share 88.3%
Efficiency ratio 54.6%
Q2 '24
Net interest share 84.4%
Efficiency ratio 52.1%
Q3 '24
Net interest share 94.9%
Efficiency ratio 62.2%
Q4 '24
Net interest share 100.2%
Efficiency ratio 65.9%
Q1 '25
Net interest share 117.1%
Efficiency ratio 71.9%
Q2 '25
Net interest share 85.6%
Efficiency ratio 51.7%
Q3 '25
Net interest share 87.0%
Efficiency ratio 45.3%
Q4 '25
Net interest share 86.3%
Efficiency ratio 49.5%
Q1 '26
Net interest share 84.8%
Efficiency ratio 49.6%
Q2 '26
Net interest share 85.0%
Efficiency ratio 50.5%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 11.7% a year. Loss periods are shown in red.
FY16
Net income $78.7M
FY17
Net income $78.8M
FY18
Net income $71.7M
FY19
Net income $79.3M
FY20
Net income $133M
FY21
Net income $315M
FY22
Net income $228M
FY23
Net income $250M
FY24
Net income $181M
FY25
Net income $224M
Q3 '23
Net income $86.8M
Q4 '23
Net income $62.1M
Q1 '24
Net income $49.7M
Q2 '24
Net income $58.1M
Q3 '24
Net income $46.7M
Q4 '24
Net income $26.9M
Q1 '25
Net income $12.9M
Q2 '25
Net income $60.9M
Q3 '25
Net income $75.7M
Q4 '25
Net income $74.5M
Q1 '26
Net income $69.7M
Q2 '26
Net income $71.6M
FY16
Diluted EPS $2.31
FY17
Diluted EPS $1.97
FY18
Diluted EPS $1.78
FY19
Diluted EPS $2.05
FY20
Diluted EPS $3.74
FY21
Diluted EPS $8.91
FY22
Diluted EPS $6.51
FY23
Diluted EPS $7.32
FY24
Diluted EPS $5.09
FY25
Diluted EPS $6.26
Q3 '23
Diluted EPS $2.58
Q4 '23
Diluted EPS $1.80
Q1 '24
Diluted EPS $1.40
Q2 '24
Diluted EPS $1.66
Q3 '24
Diluted EPS $1.31
Q4 '24
Diluted EPS $0.72
Q1 '25
Diluted EPS $0.29
Q2 '25
Diluted EPS $1.73
Q3 '25
Diluted EPS $2.20
Q4 '25
Diluted EPS $2.04
Q1 '26
Diluted EPS $1.97
Q2 '26
Diluted EPS $2.05
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 9.2%
ROTE 8.1%
Efficiency ratio 58.3%
FY17
ROE 8.9%
ROTE 7.0%
Efficiency ratio 385.3%
FY18
ROE 7.6%
ROTE 6.0%
Efficiency ratio 509.2%
FY19
ROE 7.9%
ROTE 6.2%
Efficiency ratio 386.5%
FY20
ROE 12.2%
ROTE 10.6%
Efficiency ratio 534.8%
FY21
ROE 25.3%
ROTE 22.0%
Efficiency ratio 38.6%
FY22
ROE 16.5%
ROTE 15.6%
Efficiency ratio 46.4%
FY23
ROE 16.4%
ROTE 14.4%
Efficiency ratio 46.5%
FY24
ROE 10.4%
ROTE 9.1%
Efficiency ratio 58.3%
FY25
ROE 11.3%
ROTE 9.9%
Efficiency ratio 52.8%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
Customers Bancorp, Inc. returned $5.6M to shareholders in fiscal 2025, 1% of free cash flow. The diluted share count rose 2.2%.
FY16
Dividends —
Buybacks $0.0M
FY17
Dividends —
Buybacks $0.0M
FY18
Dividends —
Buybacks $13.0M
FY19
Dividends —
Buybacks $0.6M
FY20
Dividends —
Buybacks $0.0M
FY21
Dividends —
Buybacks $27.7M
FY22
Dividends —
Buybacks $33.2M
FY23
Dividends —
Buybacks $39.8M
FY24
Dividends —
Buybacks $19.2M
FY25
Dividends —
Buybacks $5.6M
Dividends
Buybacks
Q3 '23
Dividends —
Buybacks $0.0M
Q4 '23
Dividends —
Buybacks $0.0M
Q1 '24
Dividends —
Buybacks $0.0M
Q2 '24
Dividends —
Buybacks $0.0M
Q3 '24
Dividends —
Buybacks $18.2M
Q4 '24
Dividends —
Buybacks $1.0M
Q1 '25
Dividends —
Buybacks $5.6M
Q2 '25
Dividends —
Buybacks $0.0M
Q3 '25
Dividends —
Buybacks $0.0M
Q4 '25
Dividends —
Buybacks $0.0M
Q1 '26
Dividends —
Buybacks $42.7M
Q2 '26
Dividends —
Buybacks $6.7M
Dividends
Buybacks
FY16
Diluted shares 0.03B
FY17
Diluted shares 0.03B
FY18
Diluted shares 0.03B
FY19
Diluted shares 0.03B
FY20
Diluted shares 0.03B
FY21
Diluted shares 0.03B
FY22
Diluted shares 0.03B
FY23
Diluted shares 0.03B
FY24
Diluted shares 0.03B
FY25
Diluted shares 0.03B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $6.2B
Deposits $7.3B
FY17
Loans $6.8B
Deposits $6.8B
FY18
Loans $7.1B
Deposits $7.1B
FY19
Loans $9.5B
Deposits $8.6B
FY20
Loans $15.6B
Deposits $11.3B
FY21
Loans $14.4B
Deposits $16.8B
FY22
Loans $15.3B
Deposits $18.2B
FY23
Loans $12.7B
Deposits $17.9B
FY24
Loans $14.3B
Deposits $18.8B
FY25
Loans $16.6B
Deposits $20.8B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $14.4B | $15.3B | $12.7B | $14.3B | $16.6B |
| Deposits | $16.8B | $18.2B | $17.9B | $18.8B | $20.8B |
| Loans / deposits | 85.9% | 84.5% | 71.0% | 75.9% | 79.9% |
| Total assets | $19.6B | $20.9B | $21.3B | $22.3B | $24.9B |
| Shareholders' equity | $1.4B | $1.4B | $1.6B | $1.8B | $2.1B |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $306M | $56.0M | $43.2M | $46.7M | $40.2M | $763M | $656M | $758M | $715M | $818M |
| Net interest income | $249M | $267M | $258M | $277M | $404M | $685M | $624M | $687M | $654M | $750M |
| Noninterest income | $56.4M | $78.9M | $59.0M | $35.3M | $63.8M | $77.9M | $32.3M | $70.6M | $60.4M | $67.8M |
| Noninterest expense | $178M | $216M | $220M | $181M | $215M | $294M | $305M | $353M | $417M | $432M |
| Provision for credit losses | $3.3M | $6.8M | $5.6M | $24.2M | — | — | — | — | — | — |
| Interest expense | $73.0M | $106M | $160M | $186M | $140M | $95.8M | $262M | $680M | — | — |
| Pretax income | $125M | $124M | $91.1M | $108M | $190M | $441M | $291M | $331M | $224M | $288M |
| Income tax | $45.9M | $45.0M | $19.4M | $26.4M | $46.7M | $86.9M | $63.3M | $80.6M | $42.9M | $64.3M |
| Net income | $78.7M | $78.8M | $71.7M | $79.3M | $133M | $315M | $228M | $250M | $181M | $224M |
| Net income to common | $69.2M | $64.4M | $57.2M | $64.9M | $119M | $300M | $218M | $235M | $166M | $209M |
| Diluted EPS | $2.31 | $1.97 | $1.78 | $2.05 | $3.74 | $8.91 | $6.51 | $7.32 | $5.09 | $6.26 |
| Diluted shares | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | $91.4M | $62.2M | $97.5M | $78.3M | $133M | $296M | −$20.8M | $125M | $145M | $495M |
| Capital expenditure | $5.4M | $2.1M | $1.8M | $1.5M | $4.7M | $0.6M | $4.0M | $0.6M | $1.5M | $13.7M |
| Free cash flow | $86.0M | $60.1M | $95.7M | $76.8M | $128M | $295M | −$24.9M | $124M | $144M | $481M |
| Depreciation and amortization | $5.9M | $10.8M | $14.2M | $13.6M | $18.5M | $21.7M | $27.2M | $31.8M | $33.6M | $41.8M |
| Stock-based compensation | $7.1M | $7.2M | $9.7M | $9.9M | $12.9M | $13.9M | $14.2M | $12.6M | $14.4M | $18.5M |
| Share buybacks | $0.0M | $0.0M | $13.0M | $0.6M | $0.0M | $27.7M | $33.2M | $39.8M | $19.2M | $5.6M |
| Dividends and buybacks | $0.0M | $0.0M | $13.0M | $0.6M | $0.0M | $27.7M | $33.2M | $39.8M | $19.2M | $5.6M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $265M | $146M | $62.1M | $213M | $693M | $518M | $456M | $3.8B | $3.8B | $4.4B |
| Total debt | $952M | $1.8B | $1.4B | $1.4B | $5.5B | $775M | $300M | $0.0M | $100M | $0.0M |
| Loans, net | $6.2B | $6.8B | $7.1B | $9.5B | $15.6B | $14.4B | $15.3B | $12.7B | $14.3B | $16.6B |
| Deposits | $7.3B | $6.8B | $7.1B | $8.6B | $11.3B | $16.8B | $18.2B | $17.9B | $18.8B | $20.8B |
| Property and equipment, net | $12.8M | $12.0M | $11.1M | $9.4M | $11.2M | $8.9M | $9.0M | $7.4M | $6.7M | $16.7M |
| Total assets | $9.4B | $9.8B | $9.8B | $11.5B | $18.4B | $19.6B | $20.9B | $21.3B | $22.3B | $24.9B |
| Total liabilities | $8.5B | $8.9B | $8.9B | $10.5B | $17.3B | $18.2B | $19.5B | $19.7B | $20.5B | $22.8B |
| Preferred stock | $217M | $217M | $217M | $217M | $217M | $138M | $138M | $138M | $138M | $0.0M |
| Shareholders' equity | $856M | $921M | $957M | $1.1B | $1.1B | $1.4B | $1.4B | $1.6B | $1.8B | $2.1B |
| Margins | ||||||||||
| Net margin | 25.7% | 140.9% | 165.8% | 169.8% | 329.8% | 41.2% | 34.8% | 33.0% | 25.4% | 27.4% |
| FCF margin | 28.1% | 107.3% | 221.3% | 164.3% | 319.3% | 38.7% | −3.8% | 16.4% | 20.1% | 58.8% |
| Net interest share of revenue | 81.6% | 477.7% | 596.4% | 593.6% | 1,004.3% | 89.8% | 95.1% | 90.7% | 91.5% | 91.7% |
| Efficiency ratio | 58.3% | 385.3% | 509.2% | 386.5% | 534.8% | 38.6% | 46.4% | 46.5% | 58.3% | 52.8% |
| Returns | ||||||||||
| Return on equity | 9.2% | 8.9% | 7.6% | 7.9% | 12.2% | 25.3% | 16.5% | 16.4% | 10.4% | 11.3% |
| Return on assets | 0.8% | 0.8% | 0.7% | 0.7% | 0.9% | 1.7% | 1.1% | 1.2% | 0.8% | 0.9% |
| Return on tangible equity | 8.1% | 7.0% | 6.0% | 6.2% | 10.6% | 22.0% | 15.6% | 14.4% | 9.1% | 9.9% |
| Growth | ||||||||||
| Revenue growth | — | −81.7% | −22.7% | 8.1% | −14.0% | 1,798.1% | −14.0% | 15.6% | −5.7% | 14.5% |
| Net income growth | — | 0.2% | −9.1% | 10.6% | 67.1% | 137.3% | −27.5% | 9.7% | −27.5% | 23.5% |
| EPS growth | — | −14.7% | −9.6% | 15.2% | 82.4% | 138.2% | −26.9% | 12.4% | −30.5% | 23.0% |
| FCF growth | — | −30.1% | 59.3% | −19.8% | 67.2% | 129.8% | −108.4% | — | 15.6% | 235.1% |
| Share count change | — | 8.6% | −1.1% | −1.8% | 0.3% | 6.2% | −0.4% | −4.1% | 1.7% | 2.2% |
| Financial health | ||||||||||
| Debt / equity | 1.1x | 1.9x | 1.5x | 1.3x | 4.9x | 0.6x | 0.2x | 0.0x | 0.1x | 0.0x |
| Loans / deposits | 84.3% | 99.5% | 99.9% | 109.9% | 138.0% | 85.9% | 84.5% | 71.0% | 75.9% | 79.9% |
| Provision / loans | 0.1% | 0.1% | 0.1% | 0.3% | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Capex / revenue | 1.8% | 3.8% | 4.1% | 3.3% | 11.6% | 0.1% | 0.6% | 0.1% | 0.2% | 1.7% |
| Stock comp / revenue | 2.3% | 12.8% | 22.5% | 21.1% | 32.1% | 1.8% | 2.2% | 1.7% | 2.0% | 2.3% |
| Payouts / FCF | 0.0% | 0.0% | 13.6% | 0.7% | 0.0% | 9.4% | — | 32.1% | 13.4% | 1.2% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 2.0 | 5.0 | 4.0 | 4.0 | 5.0 | 3.0 | 6.0 | 2.0 | 6.0 |
| Accruals ratio | −0.1% | 0.2% | −0.3% | 0.0% | −0.0% | 0.1% | 1.2% | 0.6% | 0.2% | −1.1% |
Source: SEC EDGAR XBRL filings (CIK 0001488813). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.