Customers Bancorp Inc

NYSE CUBI

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Customers Bancorp Inc Operating Income Per Share for the Trailing 12 Months (TTM) ending March 31, 2024: 2.40

Customers Bancorp Inc Operating Income Per Share is 2.40 for the Trailing 12 Months (TTM) ending March 31, 2024, a -52.97% change year over year. Operating income per share represents the amount of operating income generated by a company per outstanding share. It is calculated by dividing the operating income by the weighted average number of basic shares outstanding. This metric provides insights into the company's profitability from its core operations on a per-share basis. It is useful for evaluating the company's operational performance and comparing it with other companies on a per-share basis.
  • Customers Bancorp Inc Operating Income Per Share for the Trailing 12 Months (TTM) ending March 31, 2023 was 5.10, a 62.92% change year over year.
  • Customers Bancorp Inc Operating Income Per Share for the Trailing 12 Months (TTM) ending March 31, 2022 was 3.13, a 13.61% change year over year.
  • Customers Bancorp Inc Operating Income Per Share for the Trailing 12 Months (TTM) ending March 31, 2021 was 2.76, a 20.46% change year over year.
  • Customers Bancorp Inc Operating Income Per Share for the Trailing 12 Months (TTM) ending March 31, 2020 was 2.29, a 15.28% 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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StockViz Staff

September 19, 2024

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