Customers Bancorp Past Earnings Performance
Past criteria checks 2/6
Customers Bancorp has been growing earnings at an average annual rate of 16.5%, while the Banks industry saw earnings growing at 23.9% annually. Revenues have been growing at an average rate of 14.5% per year. Customers Bancorp's return on equity is 12%, and it has net margins of 29.9%.
Key information
16.5%
Earnings growth rate
16.6%
EPS growth rate
| Banks Industry Growth | 21.2% |
| Revenue growth rate | 14.5% |
| Return on equity | 12.0% |
| Net Margin | 29.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Customers Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 673 | 201 | 308 | 0 |
| 30 Jun 24 | 722 | 241 | 295 | 0 |
| 31 Mar 24 | 700 | 231 | 284 | 0 |
| 31 Dec 23 | 683 | 235 | 277 | 0 |
| 30 Sep 23 | 616 | 203 | 272 | 0 |
| 30 Jun 23 | 574 | 181 | 270 | 0 |
| 31 Mar 23 | 567 | 194 | 266 | 0 |
| 31 Dec 22 | 588 | 218 | 264 | 0 |
| 30 Sep 22 | 674 | 293 | 267 | 0 |
| 30 Jun 22 | 750 | 342 | 262 | 0 |
| 31 Mar 22 | 751 | 343 | 259 | 0 |
| 31 Dec 21 | 736 | 340 | 250 | 0 |
| 30 Sep 21 | 681 | 295 | 232 | 0 |
| 30 Jun 21 | 568 | 232 | 219 | 0 |
| 31 Mar 21 | 498 | 195 | 201 | 0 |
| 31 Dec 20 | 405 | 129 | 186 | 0 |
| 30 Sep 20 | 357 | 98 | 187 | 0 |
| 30 Jun 20 | 332 | 74 | 189 | 0 |
| 31 Mar 20 | 320 | 58 | 197 | 0 |
| 31 Dec 19 | 288 | 67 | 159 | 0 |
| 30 Sep 19 | 320 | 55 | 200 | 0 |
| 30 Jun 19 | 289 | 34 | 196 | 0 |
| 31 Mar 19 | 302 | 49 | 191 | 0 |
| 31 Dec 18 | 311 | 57 | 188 | 0 |
| 30 Sep 18 | 318 | 61 | 188 | 0 |
| 30 Jun 18 | 339 | 63 | 191 | 0 |
| 31 Mar 18 | 341 | 63 | 186 | 0 |
| 31 Dec 17 | 339 | 64 | 183 | 0 |
| 30 Sep 17 | 331 | 63 | 175 | 0 |
| 30 Jun 17 | 340 | 77 | 166 | 0 |
| 31 Mar 17 | 324 | 73 | 154 | 0 |
| 31 Dec 16 | 303 | 69 | 136 | 0 |
| 30 Sep 16 | 280 | 74 | 113 | 0 |
| 30 Jun 16 | 242 | 70 | 94 | 0 |
| 31 Mar 16 | 215 | 65 | 87 | 0 |
| 31 Dec 15 | 203 | 56 | 91 | 0 |
| 30 Sep 15 | 195 | 52 | 86 | 0 |
| 30 Jun 15 | 181 | 50 | 82 | 0 |
| 31 Mar 15 | 179 | 49 | 77 | 0 |
| 31 Dec 14 | 162 | 45 | 71 | 0 |
| 30 Sep 14 | 150 | 39 | 70 | 0 |
| 30 Jun 14 | 141 | 36 | 66 | 0 |
| 31 Mar 14 | 130 | 34 | 61 | 0 |
| 31 Dec 13 | 124 | 33 | 55 | 0 |
Quality Earnings: 0I5Z has high quality earnings.
Growing Profit Margin: 0I5Z's current net profit margins (29.9%) are lower than last year (32.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0I5Z's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: 0I5Z's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0I5Z had negative earnings growth (-0.7%) over the past year, making it difficult to compare to the Banks industry average (7.2%).
Return on Equity
High ROE: 0I5Z's Return on Equity (12%) is considered low.