Customers Bancorp, Inc. (CUBB) Financial Statements (2026 and earlier)

Company Profile

Business Address 701 READING AVENUE
WEST READING, PA 19611
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,442,5743,820,1873,875,126482,291543,607697,208
Cash and cash equivalent4,411,4633,785,9313,846,346455,806518,032693,354
Short-term investments31,11134,25628,78026,48525,5753,854
Financing receivable, accrued interest, after allowance for credit loss✕✕✕95,000105,500  
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss✕✕✕2,7001,000  
Total current assets:4,442,5743,820,1873,972,826588,791543,607697,208
Noncurrent Assets
Operating lease, right-of-use asset34,34735,32215,64416,13312,67717,696
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization16,7456,6687,3719,0258,89011,626
Intangible asset, including goodwill, after accumulated amortization, including:3,6293,6293,6293,6293,73614,298
Other undisclosed intangible asset, including goodwill, after accumulated amortization3,6293,6293,6293,6293,73614,298
Total noncurrent assets:54,72145,61926,64428,78725,30343,620
Other undisclosed assets20,398,57318,442,43517,316,79520,278,53419,006,11817,698,420
TOTAL ASSETS:24,895,86822,308,24121,316,26520,896,11219,575,02818,439,248
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 100,000250,000300,000775,0001,100,000
Total current liabilities: 100,000250,000300,000775,0001,100,000
Noncurrent Liabilities
Other undisclosed liabilities22,780,35120,371,55819,427,87119,193,15117,433,81116,222,162
Total liabilities:22,780,35120,471,55819,677,87119,493,15118,208,81117,322,162
Equity
Equity, attributable to parent2,115,5171,836,6831,638,3941,402,9611,366,2171,117,086
Preferred stock  137,794137,794137,794137,794217,471
Common stock36,18935,75835,45935,01234,72232,986
Treasury stock, value(68,572)(141,653)(122,410)(82,604)(49,442)(21,780)
Additional paid in capital666,756575,333564,538551,721542,391455,592
Accumulated other comprehensive loss(54,050)(96,560)(136,569)(163,096)(4,980)(5,764)
Retained earnings1,535,1941,326,0111,159,582924,134705,732438,581
Total equity:2,115,5171,836,6831,638,3941,402,9611,366,2171,117,086
TOTAL LIABILITIES AND EQUITY:24,895,86822,308,24121,316,26520,896,11219,575,02818,439,248

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,265,6051,161,1961,202,306747,227792,970557,315
Net investment income1,219,7971,147,5431,166,701766,137740,471519,098
Cost of revenue
(Provision for Loan, Lease, and Other Losses)		     (27,426)(68,055)
Gross profit:1,265,6051,161,1961,202,306747,227765,544489,260
Operating expenses(111,936)(116,410)(117,988)(121,091)(124,313)(97,036)
Other operating income (expense), net
(Noninterest Income, Other Operating Income)		22,18210,2734,809(759)9574,950
Operating income:1,175,8511,055,0591,089,127625,377642,188397,174
Nonoperating income11,2639,44211,77715,6975,5766,930
Investment income, nonoperating     (2,840) 
Bank owned life insurance income11,2639,44211,77715,6978,4167,009
Interest and debt expense   (679,911)(261,653)(95,810)(139,616)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (88,530)
Income from continuing operations before equity method investments, income taxes:1,187,1141,064,501420,993379,421551,954175,958
Other undisclosed loss from continuing operations before income taxes(898,683)(840,128)(90,253)(88,124)(110,746) 
Income from continuing operations before income taxes:288,431224,373330,740291,297441,208175,958
Income tax expense(64,343)(42,904)(80,597)(63,263)(86,940)(43,380)
Income from continuing operations:224,088181,469250,143228,034354,268132,578
Income before gain (loss) on sale of properties:✕✕✕✕✕314,647132,578
Loss from discontinued operations     (39,621) 
Net income attributable to parent:224,088181,469250,143228,034314,647132,578
Preferred stock dividends and other adjustments(14,905)(15,040)(14,695)(9,632)(14,513)(14,041)
Net income available to common stockholders, diluted:209,183166,429235,448218,402300,134118,537

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:224,088181,469250,143228,034314,647132,578
Comprehensive income:224,088181,469250,143228,034314,647132,578
Other undisclosed comprehensive income (loss), net of tax, attributable to parent42,51040,00926,527(158,116)784(4,514)
Comprehensive income, net of tax, attributable to parent:266,598221,478276,67069,918315,431128,064

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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