Customers Bancorp, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.4M | $40.7M | $36.2M | $27.7M | $21.1M | $40.2M | $46.7M | $43.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $288.4M | $224.4M | $1.01B | $553.0M | $537.0M | $329.4M | $294.2M | $251.1M |
| Operating Margin | 607.9% | 551.8% | 2,793.5% | 1,994.8% | 2,544.3% | 819.5% | 629.7% | 580.8% |
| Interest Expense | — | — | $679.9M | $261.7M | $95.8M | $139.6M | $186.4M | $160.1M |
| Pretax Income | $288.4M | $224.4M | $330.7M | $291.3M | $441.2M | $189.8M | $107.8M | $91.1M |
| Income Tax Expense | $64.3M | $42.9M | $80.6M | $63.3M | $86.9M | $46.7M | $26.4M | $19.4M |
| Net Income | $224.1M | $181.5M | $250.1M | $228.0M | $314.6M | $132.6M | $79.3M | $71.7M |
| Net Margin | 472.3% | 446.3% | 691.4% | 822.7% | 1,490.7% | 329.8% | 169.8% | 165.8% |
| EPS (Basic) | $6.46 | $5.28 | $7.49 | $6.69 | $9.29 | $3.76 | $2.08 | $1.81 |
| EPS (Diluted) | $6.26 | $5.09 | $7.32 | $6.51 | $8.91 | $3.74 | $2.05 | $1.78 |
| Shares Outstanding (Basic) | 32.4M | 31.5M | 31.4M | 32.6M | 32.3M | 31.5M | 31.2M | 31.6M |
| Shares Outstanding (Diluted) | 33.4M | 32.7M | 32.2M | 33.5M | 33.7M | 31.7M | 31.6M | 32.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |