Customers Bancorp (CUBI) Revenue & Revenue Breakdown
Customers Bancorp Revenue Highlights
Latest Revenue (Y)
$1.44B
Latest Revenue (Q)
$354.03M
Main Segment (Y)
Deposit Account
Customers Bancorp Revenue by Period
Customers Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.44B | 127.38% |
| 2022-12-31 | $632.38M | -15.52% |
| 2021-12-31 | $748.54M | 49.03% |
| 2020-12-31 | $502.28M | 40.87% |
| 2019-12-31 | $356.56M | 13.30% |
| 2018-12-31 | $314.69M | -8.49% |
| 2017-12-31 | $343.89M | 27.07% |
| 2016-12-31 | $270.62M | 21.42% |
| 2015-12-31 | $222.88M | 27.11% |
| 2014-12-31 | $175.34M | 38.55% |
| 2013-12-31 | $126.56M | 22.86% |
| 2012-12-31 | $103.01M | 95.74% |
| 2011-12-31 | $52.63M | 118.42% |
| 2010-12-31 | $24.09M | - |
Customers Bancorp generated $1.44B in revenue during NA 2023, up 127.38% compared to the previous quarter, and up 456.93% compared to the same period a year ago.
Customers Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $354.03M | 0.48% |
| 2024-03-31 | $352.34M | -3.36% |
| 2023-12-31 | $364.59M | 70.61% |
| 2023-09-30 | $213.69M | 21.08% |
| 2023-06-30 | $176.49M | 8.04% |
| 2023-03-31 | $163.36M | 25.87% |
| 2022-12-31 | $129.79M | -11.07% |
| 2022-09-30 | $145.95M | -15.68% |
| 2022-06-30 | $173.08M | -5.71% |
| 2022-03-31 | $183.56M | -10.93% |
| 2021-12-31 | $206.10M | -13.79% |
| 2021-09-30 | $239.06M | 51.00% |
| 2021-06-30 | $158.32M | 4.53% |
| 2021-03-31 | $151.46M | 3.32% |
| 2020-12-31 | $146.60M | 4.42% |
| 2020-09-30 | $140.39M | 24.89% |
| 2020-06-30 | $112.41M | 9.26% |
| 2020-03-31 | $102.89M | -0.28% |
| 2019-12-31 | $103.18M | 4.63% |
| 2019-09-30 | $98.61M | 29.63% |
| 2019-06-30 | $76.07M | -3.34% |
| 2019-03-31 | $78.70M | -2.89% |
| 2018-12-31 | $81.04M | 23.60% |
| 2018-09-30 | $65.57M | -20.81% |
| 2018-06-30 | $82.80M | -2.91% |
| 2018-03-31 | $85.28M | -2.55% |
| 2017-12-31 | $87.52M | 2.81% |
| 2017-09-30 | $85.13M | 13.24% |
| 2017-06-30 | $75.18M | 11.66% |
| 2017-03-31 | $67.33M | 4.41% |
| 2016-12-31 | $64.49M | -29.50% |
| 2016-09-30 | $91.48M | 28.97% |
| 2016-06-30 | $70.93M | 13.12% |
| 2016-03-31 | $62.70M | 0.64% |
| 2015-12-31 | $62.30M | 11.61% |
| 2015-09-30 | $55.82M | 5.42% |
| 2015-06-30 | $52.95M | 2.23% |
| 2015-03-31 | $51.79M | 2.79% |
| 2014-12-31 | $50.39M | 12.16% |
| 2014-09-30 | $44.93M | 3.61% |
| 2014-06-30 | $43.36M | 18.28% |
| 2014-03-31 | $36.66M | 17.06% |
| 2013-12-31 | $31.32M | 1.25% |
| 2013-09-30 | $30.93M | -9.29% |
| 2013-06-30 | $34.10M | 21.93% |
| 2013-03-31 | $27.97M | -14.90% |
| 2012-12-31 | $32.86M | 1.68% |
| 2012-09-30 | $32.32M | 79.64% |
| 2012-06-30 | $17.99M | 5.89% |
| 2012-03-31 | $16.99M | -15.86% |
| 2011-12-31 | $20.19M | 75.72% |
| 2011-09-30 | $11.49M | -0.05% |
| 2011-06-30 | $11.50M | 20.78% |
| 2011-03-31 | $9.52M | - |
Customers Bancorp generated $354.03M in revenue during Q2 2024, up 0.48% compared to the previous quarter, and up 216.72% compared to the same period a year ago.
Customers Bancorp Revenue Breakdown
Customers Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 |
|---|---|---|
| Credit and Debit Card | $243.00K | $336.00K |
| Deposit Account | $3.85M | $3.77M |
Customers Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 22: Deposit Account (94.06%), and Credit and Debit Card (5.94%).
Quarterly Revenue by Product
| Product/Service | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|
| Deposit Account | $958.00K | $989.00K | $964.00K | $940.00K | $1.03M | $994.00K | $891.00K | $863.00K | $2.21M |
| Credit and Debit Card | $71.00K | $72.00K | $24.00K | $76.00K | $84.00K | $83.00K | $84.00K | $85.00K | $8.81M |
Customers Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Deposit Account (93.10%), and Credit and Debit Card (6.90%).
Customers Bancorp Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|
| Deposit Account | $958.00K | $989.00K | $964.00K | $940.00K | $1.03M | $994.00K | $891.00K | $863.00K | $2.21M |
| Credit and Debit Card | $71.00K | $72.00K | $24.00K | $76.00K | $84.00K | $83.00K | $84.00K | $85.00K | $8.81M |
Customers Bancorp's latest quarterly revenue breakdown by geography, as of Dec 22: Deposit Account (93.10%), and Credit and Debit Card (6.90%).
Customers Bancorp Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| VLY | Valley National Bancorp | $3.36B | $884.68M |
| ABCB | Ameris Bancorp | $1.52B | $360.20M |
| CUBI | Customers Bancorp | $1.44B | $354.03M |
| HOMB | Home Bancshares, Inc. (Conway, AR) | $1.34B | $368.30M |
| CATY | Cathay General Bancorp | $1.31B | $344.59M |
| GBCI | Glacier Bancorp | $1.14B | $305.89M |
| IBTX | Independent Bank Group | $923.03M | $252.57M |
| PPBI | Pacific Premier Bancorp | $887.99M | $226.28M |
| OCFC | OceanFirst Financial | $640.86M | $170.17M |
| BY | Byline Bancorp | $534.34M | $154.87M |
| CLBK | Columbia Financial | $421.66M | $122.36M |
| CNOB | ConnectOne Bancorp | $373.75M | $134.41M |
| KRNY | Kearny Financial | $326.88M | $86.29M |
| FFIN | First Financial Bankshares | - | $184.94M |
| CFFN | Capitol Federal Financial | $-184.80M | $99.70M |
CUBI Revenue FAQ
What is Customers Bancorp’s yearly revenue?
Customers Bancorp's yearly revenue for 2023 was $1.44B, representing an increase of 127.38% compared to 2022. The company's yearly revenue for 2022 was $632.38M, representing a decrease of -15.52% compared to 2021. CUBI's yearly revenue for 2021 was $748.54M, representing an increase of 49.03% compared to 2020.
What is Customers Bancorp’s quarterly revenue?
Customers Bancorp's quarterly revenue for Q2 2024 was $354.03M, a 0.48% increase from the previous quarter (Q1 2024), and a 100.60% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $352.34M, a -3.36% decrease from the previous quarter (Q4 2023), and a 115.68% increase year-over-year (Q1 2023). CUBI's quarterly revenue for Q4 2023 was $364.59M, a 70.61% increase from the previous quarter (Q3 2023), and a 180.91% increase year-over-year (Q4 2022).
What is Customers Bancorp’s revenue growth rate?
Customers Bancorp's revenue growth rate for the last 3 years (2021-2023) was 92.10%, and for the last 5 years (2019-2023) was 303.28%.
What are Customers Bancorp’s revenue streams?
Customers Bancorp's revenue streams in c 22 are Credit and Debit Card, and Deposit Account. Credit and Debit Card generated $243K in revenue, accounting 5.94% of the company's total revenue, down -27.68% year-over-year. Deposit Account generated $3.85M in revenue, accounting 94.06% of the company's total revenue, up 2.04% year-over-year.
What is Customers Bancorp’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Customers Bancorp was Deposit Account. This segment made a revenue of $3.85M, representing 94.06% of the company's total revenue.