XNYSCUBB
Market cap1.43bUSD
Jan 10, Last price
19.90USD
1D
-0.38%
1Q
-4.10%
IPO
-20.72%
Name
Customers Bancorp Inc
Chart & Performance
Profile
Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company offers deposits products, including checking, savings, MMDA, and other deposits accounts. It offers loan products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans, and installment loans. It also offers traditional banking activities, including mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box services, remote deposit capture services, courier services, merchant processing services, cash vault, controlled disbursements, positive pay, cash management services, such as account reconciliation, collections, and sweep accounts. It operates 12 full-service branches, as well as limited production and administrative offices in Southeastern Pennsylvania, including Bucks, Berks, Chester, Philadelphia, and Delaware Counties; Harrisburg, Pennsylvania; Rye Brook and New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Washington D.C.; Chicago, Illinois; Dallas, Texas; Orlando, Florida; and Wilmington, North Carolina. Customers Bancorp, Inc. was founded in 1994 and is headquartered in West Reading, Pennsylvania.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 683,403 8.07% | 632,378 -15.52% | |||||||
Cost of revenue | 171,406 | 123,775 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 511,997 | 508,603 | |||||||
NOPBT Margin | 74.92% | 80.43% | |||||||
Operating Taxes | 80,597 | 63,263 | |||||||
Tax Rate | 15.74% | 12.44% | |||||||
NOPAT | 431,400 | 445,340 | |||||||
Net income | 250,143 9.70% | 228,034 -27.53% | |||||||
Dividends | (14,636) | (9,326) | |||||||
Dividend yield | 0.79% | 0.98% | |||||||
Proceeds from repurchase of equity | (36,694) | (32,629) | |||||||
BB yield | 1.98% | 3.43% | |||||||
Debt | |||||||||
Debt current | 29,698 | 300,000 | |||||||
Long-term debt | 1,510,889 | 1,119,228 | |||||||
Deferred revenue | (77,946) | ||||||||
Other long-term liabilities | 17,988,031 | (874,866) | |||||||
Net debt | (5,814,569) | (5,851,837) | |||||||
Cash flow | |||||||||
Cash from operating activities | 124,729 | (20,825) | |||||||
CAPEX | (113,347) | ||||||||
Cash from investing activities | 3,157,723 | (1,298,412) | |||||||
Cash from financing activities | 108,088 | 1,257,011 | |||||||
FCF | 15,931,499 | (14,290,699) | |||||||
Balance | |||||||||
Cash | 3,846,346 | 3,443,306 | |||||||
Long term investments | 3,508,810 | 3,827,759 | |||||||
Excess cash | 7,320,986 | 7,239,446 | |||||||
Stockholders' equity | 1,196,266 | 933,844 | |||||||
Invested Capital | 20,149,697 | 19,953,656 | |||||||
ROIC | 2.15% | 2.27% | |||||||
ROCE | 2.40% | 2.43% | |||||||
EV | |||||||||
Common stock shares outstanding | 32,159 | 33,548 | |||||||
Price | 57.62 103.32% | 28.34 -56.65% | |||||||
Market cap | 1,852,989 94.90% | 950,742 -56.84% | |||||||
EV | (3,823,786) | (4,763,301) | |||||||
EBITDA | 543,810 | 535,760 | |||||||
EV/EBITDA | |||||||||
Interest | 679,911 | 261,653 | |||||||
Interest/NOPBT | 132.80% | 51.45% |