← Customers Bancorp, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue from Contract with Customer, Including Assessed Tax $249.5m $267.3m $257.9m $46.7m $40.2m $685.1m $623.7m $687.4m $654.4m $750.5m
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $5.4m $7.8m $11.5m $8.5m $7.0m $3.6m $9.9m $8.0m $9.2m $8.1m
Bank Owned Life Insurance Income $4.7m $7.2m $7.6m $7.3m $7.0m $8.4m $15.7m $11.8m $9.4m $11.3m
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — — — — — — $3.9m $996k $11.1m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — — — $2.3m
Gain (Loss) Related to Litigation Settlement — — — — — — $7.5m $0 $0 —
Income (Loss) from Continuing Operations, Per Basic Share $3 — — — — $11 $7 $7 — —
Income (Loss) from Continuing Operations, Per Diluted Share $3 — — — — $10 $7 $7 — —
Lease Income — — $5.4m — — — — — — —
Operating Lease, Lease Income — — — $12.1m $18.1m $21.1m $27.7m $36.2m $40.7m $47.4m
Preferred Stock Dividends, Income Statement Impact $9.5m $14.5m $14.5m $14.5m $14.0m $11.7m $9.6m $14.7m $15.0m $10.2m
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent — — — — $7.0m $4.4m ($23.2m) $574k ($27.0m) ($55.3m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $139.1m $123.9m $91.1m — — $441.2m $291.3m $330.7m $224.4m $288.4m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $87.7m $78.8m $71.7m — — $354.3m $228.0m $250.1m $181.5m $224.1m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($9.0m) — — — — ($39.6m) $0 $0 — —
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic — — — — — $339.8m $218.4m $235.4m — —
Net Income (Loss) Attributable to Parent $78.7m $78.8m $71.7m $79.3m $132.6m $314.6m $228.0m $250.1m $181.5m $224.1m
Net Income (Loss) Available to Common Stockholders, Basic $69.2m $64.4m $57.2m $64.9m $118.5m $300.1m $218.4m $235.4m $166.4m $209.2m
Earnings Per Share, Basic $2.51 $2.10 $1.81 $2.08 $3.76 $9.29 $6.69 $7.49 $5.28 $6.46
Earnings Per Share, Diluted $2.31 $1.97 $1.78 $2.05 $3.74 $8.91 $6.51 $7.32 $5.09 $6.26
Weighted Average Number of Shares Outstanding, Basic 27.6m 30.7m 31.6m 31.2m 31.5m 32.3m 32.6m 31.4m 31.5m 32.4m
Weighted Average Number of Shares Outstanding, Diluted 30.0m 32.6m 32.2m 31.6m 31.7m 33.7m 33.5m 32.2m 32.7m 33.4m
Noninterest expense:
Labor and Related Expense $67.9m $95.5m $104.8m $107.6m $126.0m $108.2m $112.4m $133.3m $175.8m $189.0m
Marketing and Advertising Expense $576k $1.5m $2.4m $4.0m $2.2m $1.5m $2.5m $3.1m $4.5m $2.4m
Business Combination, Acquisition Related Costs $1.2m $410k $4.4m $100k $2.1m $418k $0 — — —
Current Income Tax Expense (Benefit) $54.0m $29.9m $10.1m $8.3m $39.7m $69.2m $56.4m $58.4m $44.0m $75.3m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — ($59.5m) ($70.8m) ($69.8m) ($77.3m)
Interest Expense $73.0m $105.5m $160.1m $186.4m $139.6m $95.8m $261.7m $679.9m — —
Income Tax Expense (Benefit) $51.4m $45.0m $19.4m $22.8m $43.4m $86.9m $63.3m $80.6m $42.9m $64.3m
Total interest expense — — — — — — — — $673.4m $609.1m
Interest Income (Expense), Net $249.5m $267.3m $257.9m $277.3m $403.7m $685.1m $623.7m $687.4m $654.4m $750.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.