Customers Historical Income Statement
CUBB Stock | USD 19.96 0.12 0.60% |
Historical analysis of Customers Bancorp income statement accounts such as Selling And Marketing Expenses of 2.2 M, Total Revenue of 1.4 B or Gross Profit of 1.4 B can show how well Customers Bancorp performed in making a profits. Evaluating Customers Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Customers Bancorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Customers Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Customers Bancorp is a good buy for the upcoming year.
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About Customers Income Statement Analysis
Customers Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Customers Bancorp shareholders. The income statement also shows Customers investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Customers Bancorp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Customers Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Customers Bancorp minus its cost of goods sold. It is profit before Customers Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Customers Bancorp. It is also known as Customers Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Customers Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Customers Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Customers Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Customers Stock refer to our How to Trade Customers Stock guide.At present, Customers Bancorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.4 B, whereas Selling And Marketing Expenses is forecasted to decline to about 2.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 780.9M | 885.4M | 1.4B | 1.4B | Total Revenue | 780.9M | 885.4M | 1.4B | 1.4B |
Customers Bancorp income statement Correlations
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Customers Bancorp Account Relationship Matchups
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Customers Bancorp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 186.4M | 139.6M | 95.8M | 261.7M | 679.9M | 713.9M | |
Selling And Marketing Expenses | 4.0M | 2.2M | 1.5M | 2.5M | 3.1M | 2.2M | |
Total Revenue | 463.7M | 543.3M | 780.9M | 885.4M | 1.4B | 1.4B | |
Gross Profit | 463.7M | 543.3M | 780.9M | 885.4M | 1.4B | 1.4B | |
Other Operating Expenses | 4.0M | 367.3M | 426.6M | 2.5M | 3.1M | 2.9M | |
Operating Income | 102.1M | 176.0M | 354.3M | 553.0M | 330.7M | 202.1M | |
Ebit | 102.1M | 189.8M | 441.2M | 291.3M | 330.7M | 186.0M | |
Ebitda | 102.1M | 208.3M | 462.9M | 314.3M | 330.7M | 192.3M | |
Total Operating Expenses | 4.0M | (367.3M) | (426.6M) | 2.5M | 3.1M | 3.2M | |
Income Before Tax | 102.1M | 176.0M | 441.2M | 291.3M | 330.7M | 189.8M | |
Net Income | 79.3M | 132.6M | 431.1M | 616.2M | 250.1M | 187.3M | |
Income Tax Expense | 22.8M | 43.4M | 10.1M | (324.9M) | 80.6M | 84.6M | |
Net Income Applicable To Common Shares | 64.4M | 57.2M | 64.9M | 118.5M | 136.3M | 78.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Customers Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Customers Stock refer to our How to Trade Customers Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.
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.