Customers Bancorp (CUBI) Revenue & Revenue Breakdown


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Customers Bancorp Revenue Highlights


Latest Revenue (Y)

$1.44B

Latest Revenue (Q)

$280.56M

Main Segment (Y)

Deposit Account

Customers Bancorp Revenue by Period


Customers Bancorp Revenue by Year

DateRevenueChange
2023-12-31$1.44B127.38%
2022-12-31$632.38M-15.52%
2021-12-31$748.54M49.03%
2020-12-31$502.28M40.87%
2019-12-31$356.56M13.30%
2018-12-31$314.69M-8.49%
2017-12-31$343.89M27.07%
2016-12-31$270.62M21.42%
2015-12-31$222.88M27.11%
2014-12-31$175.34M38.55%
2013-12-31$126.56M22.86%
2012-12-31$103.01M95.74%
2011-12-31$52.63M118.42%
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

DateRevenueChange
2024-09-30$280.56M-23.14%
2024-06-30$365.03M3.60%
2024-03-31$352.34M-3.36%
2023-12-31$364.59M70.61%
2023-09-30$213.69M21.08%
2023-06-30$176.49M8.04%
2023-03-31$163.36M25.87%
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$239.06M51.00%
2021-06-30$158.32M4.53%
2021-03-31$151.46M3.32%
2020-12-31$146.60M4.42%
2020-09-30$140.39M24.89%
2020-06-30$112.41M9.26%
2020-03-31$102.89M-0.28%
2019-12-31$103.18M4.63%
2019-09-30$98.61M29.63%
2019-06-30$76.07M-3.34%
2019-03-31$78.70M-2.89%
2018-12-31$81.04M23.60%
2018-09-30$65.57M-20.81%
2018-06-30$82.80M-2.91%
2018-03-31$85.28M-2.55%
2017-12-31$87.52M2.81%
2017-09-30$85.13M13.24%
2017-06-30$75.18M11.66%
2017-03-31$67.33M4.41%
2016-12-31$64.49M-29.50%
2016-09-30$91.48M28.97%
2016-06-30$70.93M13.12%
2016-03-31$62.70M0.64%
2015-12-31$62.30M11.61%
2015-09-30$55.82M5.42%
2015-06-30$52.95M2.23%
2015-03-31$51.79M2.79%
2014-12-31$50.39M12.16%
2014-09-30$44.93M3.61%
2014-06-30$43.36M18.28%
2014-03-31$36.66M17.06%
2013-12-31$31.32M1.25%
2013-09-30$30.93M-9.29%
2013-06-30$34.10M21.93%
2013-03-31$27.97M-14.90%
2012-12-31$32.86M1.68%
2012-09-30$32.32M79.64%
2012-06-30$17.99M5.89%
2012-03-31$16.99M-15.86%
2011-12-31$20.19M75.72%
2011-09-30$11.49M-0.05%
2011-06-30$11.50M20.78%
2011-03-31$9.52M-

Customers Bancorp generated $280.56M in revenue during Q3 2024, up -23.14% compared to the previous quarter, and up 158.97% compared to the same period a year ago.

Customers Bancorp Revenue Breakdown


Customers Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 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/ServiceDec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 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

CountryDec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Mar 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


TickerCompanyLast Year RevenueLast Quarter Revenue
VLYValley National Bancorp$3.36B$921.16M
ABCBAmeris Bancorp$1.52B$360.20M
CUBICustomers Bancorp$1.44B$280.56M
HOMBHome Bancshares, Inc. (Conway, AR)$1.34B$50.03K
CATYCathay General Bancorp$1.31B$359.26M
GBCIGlacier Bancorp$1.14B$289.58M
IBTXIndependent Bank Group$923.03M$255.04M
PPBIPacific Premier Bancorp$887.99M$161.66M
OCFCOceanFirst Financial$640.86M$175.79M
BYByline Bancorp$534.34M$146.44M
CLBKColumbia Financial$421.66M$124.89M
CFFNCapitol Federal Financial$376.84M$99.70M
CNOBConnectOne Bancorp$373.75M$134.98M
KRNYKearny Financial$326.88M$87.88M
FFINFirst Financial Bankshares-$192.05M

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 Q3 2024 was $280.56M, a -23.14% decrease from the previous quarter (Q2 2024), and a 31.30% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $365.03M, a 3.60% increase from the previous quarter (Q1 2024), and a 106.82% increase year-over-year (Q2 2023). CUBI'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).

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.