Customers Bancorp Inc

NYSE CUBI

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Customers Bancorp Inc Operating Cash Flow to Sales Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -101.84%

Customers Bancorp Inc Operating Cash Flow to Sales Ratio 1 year YoY Change (%) is -101.84% for the quarter ending March 31, 2024, a -834.14% change year over year. The operating cash flow to sales ratio measures the proportion of a company's operating cash flow to its total sales revenue. It is calculated by dividing the operating cash flow by the revenue. This ratio indicates the company's ability to convert its sales revenue into operating cash flow, reflecting its operational efficiency and cash generation capabilities. A higher ratio suggests a higher level of cash flow generated from sales, indicating strong profitability and effective cash management. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Customers Bancorp Inc Operating Cash Flow to Sales Ratio for the quarter ending March 31, 2023 was 10.74%, a -83.15% change year over year.
Customers Bancorp Inc Operating Cash Flow to Sales Ratio for the quarter ending March 31, 2022 was 63.71%, a -45.67% change year over year.
Customers Bancorp Inc Operating Cash Flow to Sales Ratio for the quarter ending March 31, 2021 was 117.25%, a 443.29% change year over year.
Customers Bancorp Inc Operating Cash Flow to Sales Ratio for the quarter ending March 31, 2020 was -34.16%, a -347.12% change year over year.

NYSE: CUBI

Customers Bancorp Inc

CEO	Mr. Jay S. Sidhu
IPO Date	Feb. 21, 2012
Location	United States
Headquarters	701 Reading Avenue, West Reading, PA, United States, 19611
Employees	732
Sector	Financial Services
Industry	Banks - regional

Description

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, a blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts. The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.

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