CUBINYSEState Commercial BanksFiscal year ends December 31Also trades as CUBB
Customers Bancorp, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$74.48−0.30 (-0.40%)
Close on Oct 19, 2026
- Market cap
- $2.60B
- P/E (TTM)
- 9.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
27.4%−302.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.5% | +7.6% | +82.7% | +13.8% | |
| Net income | +23.5% | -0.6% | +11.1% | +14.4% | |
| EPS, diluted | +23.0% | -1.3% | +10.9% | +12.3% | |
| Free cash flow | +235.1% | – | +30.2% | +22.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 11.2% | 12.2% | 11.3% | |
| Return on assets | 0.9% | 0.9% | 0.9% | |
| Capex to revenue | 1.8% | 11.6% | 1.7% | |
| Diluted shares | 30M | 32M | 33M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Customers Bancorp generated $1.08B from operations and spent $145.99M on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$1.08B
Used
$145.99M
Capital expenditure$20.48M14%Dividends$00%Share buybacks$125.51M86%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin27.4%
×Asset turnover0.03×
×Equity multiplier11.94×
=Return on equity, FY202511.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 27.4% | 0.03× | 11.94× | 11.3% |
| FY2024 | 25.4% | 0.03× | 12.55× | 10.4% |
| FY2023 | 33.0% | 0.04× | 13.88× | 16.4% |
| FY2022 | 34.8% | 0.03× | 14.61× | 16.5% |
| FY2021 | 41.2% | 0.04× | 15.31× | 25.3% |
| FY2020 | 329.8% | 0.00× | 13.81× | 12.2% |
| FY2019 | 169.8% | 0.00× | 10.63× | 7.9% |
| FY2018 | 165.8% | 0.00× | 10.48× | 7.6% |
| FY2017 | 140.9% | 0.01× | 10.82× | 8.9% |
| FY2016 | 25.7% | 0.03× | 12.61× | 11.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$224.09M
- Cash generatingOperating cash flow above zero$494.76M
- Return on assets improvedROA up on the prior year0.9% → 1.0%
- Earnings backed by cashOperating cash flow above net income$494.76M vs $224.09M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise33M → 33M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.03 → 0.04