Customers Bancorp (CUBB) Asset Writedowns and Impairment (2016 - 2023)
Customers Bancorp's (CUBB) quarterly Asset Writedowns and Impairment came in at -$124000.0 in Q4 2023, down 926.67% quarter-over-quarter from $15000.0 in Q2 2023.
Analysis
Customers Bancorp (CUBB) Asset Writedowns and Impairment (2016 - 2023) Analysis & Trends
Customers Bancorp (CUBB) has reported Asset Writedowns and Impairment for 4 consecutive years, with -$124000.0 the latest figure, recorded in Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to -$124000.0 in Q4 2023; TTM through Sep 2024 was -$124000.0, a 200.0% decrease from a year earlier, with the FY2025 full-year figure at $2.3 million, changed N/A from the prior year.
- Asset Writedowns and Impairment was -$124000.0 for Q4 2023 at Customers Bancorp, down from $15000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $1.2 million in Q2 2022 and troughed at -$124000.0 in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 959.46 Bn | 959.46 Bn | - |
| 2 | Truist Financial | 62.09 Bn | 62.09 Bn | - |
| 3 | Fifth Third Bancorp | 49.68 Bn | 25.96 Bn | - |
| 4 | M&T Bank | 34.84 Bn | 34.84 Bn | - |
| 5 | Huntington Bancshares | 33.89 Bn | 29.36 Bn | - |
| 6 | Citizens Financial | 29.64 Bn | 29.64 Bn | - |
| 7 | Regions Financial | 25.74 Bn | 25.74 Bn | - |
| 8 | First Citizens Bancshares | 24.85 Bn | 24.33 Bn | 29.00 Mn |
| 9 | Keycorp | 23.34 Bn | -24.36 Bn | - |
| 10 | Customers Bancorp | 742.69 Mn | -3.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -124,000.00 |
| Jun 30, 2023 | 15,000.00 |
| Mar 31, 2023 | 109,000.00 |
| Sep 30, 2022 | 162,000.00 |
| Jun 30, 2022 | 1.20 Mn |
| Sep 30, 2017 | 8.35 Mn |
| Jun 30, 2017 | 2.88 Mn |
| Mar 31, 2017 | 1.70 Mn |
| Dec 31, 2016 | 7.26 Mn |