Customers Tax Provision from 2010 to 2024

CUBI Stock  USD 54.01  0.70  1.31%   
Customers Bancorp's Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 52.3 M. Tax Provision is the amount set aside by Customers Bancorp to cover any estimated taxes for the current period. It reflects Customers Bancorp's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
19 M
Current Value
-725 K
Quarterly Volatility
8.7 M
 
Covid
Check Customers Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Customers Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.9 M, Interest Expense of 713.9 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0098 or PTB Ratio of 1.06. Customers financial statements analysis is a perfect complement when working with Customers Bancorp Valuation or Volatility modules.
  
Check out the analysis of Customers Bancorp Correlation against competitors.
For more detail on how to invest in Customers Stock please use our How to Invest in Customers Bancorp guide.

Latest Customers Bancorp's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Customers Bancorp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Customers Bancorp's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Customers Bancorp's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Customers Tax Provision Regression Statistics

Arithmetic Mean41,994,250
Geometric Mean38,487,881
Coefficient Of Variation45.04
Mean Deviation15,244,000
Median29,912,000
Standard Deviation18,915,412
Sample Variance357.8T
Range67.6M
R-Value0.64
Mean Square Error225.8T
R-Squared0.41
Significance0.01
Slope2,721,272
Total Sum of Squares5009.1T

Customers Tax Provision History

202452.3 M
202365.9 M
202263.3 M
202186.9 M
202043.4 M
201922.8 M
201819.4 M

About Customers Bancorp Financial Statements

Investors use fundamental indicators, such as Customers Bancorp's Tax Provision, to determine how well the company is positioned to perform in the future. Although Customers Bancorp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision65.9 M52.3 M

Currently Active Assets on Macroaxis

When determining whether Customers Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Customers Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Customers Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Customers Bancorp Stock:
Check out the analysis of Customers Bancorp Correlation against competitors.
For more detail on how to invest in Customers Stock please use our How to Invest in Customers Bancorp guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Customers Bancorp. If investors know Customers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Customers Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
6.16
Revenue Per Share
21.346
Quarterly Revenue Growth
(0.25)
Return On Assets
0.01
The market value of Customers Bancorp is measured differently than its book value, which is the value of Customers that is recorded on the company's balance sheet. Investors also form their own opinion of Customers Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Customers Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Customers Bancorp's market value can be influenced by many factors that don't directly affect Customers Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Customers Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Customers Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Customers Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.