Customers Bancorp (CUBB) Income from Discontinued Operations (2015 - 2021)
Customers Bancorp's (CUBB) quarterly Income from Discontinued Operations came in at -$1.6 million in Q4 2021, up 55.21% year-over-year from -$1.0 million in Q4 2020, and up 95.83% quarter-over-quarter from -$38.0 million in Q1 2021.
Analysis
Customers Bancorp (CUBB) Income from Discontinued Operations (2015 - 2021) Analysis & Trends
Customers Bancorp (CUBB) has reported Income from Discontinued Operations for 5 consecutive years, with -$1.6 million the latest figure, recorded in Q4 2021.
- On a quarterly basis, Income from Discontinued Operations rose 55.21% year-over-year to -$1.6 million in Q4 2021; TTM through Sep 2022 was -$1.6 million, a 96.19% increase from a year earlier, with the FY2021 full-year figure at -$39.6 million, down 187.15% from the prior year.
- Income from Discontinued Operations was -$1.6 million for Q4 2021 at Customers Bancorp, up from -$38.0 million in the prior quarter.
- Over five years, Income from Discontinued Operations peaked at -$532000.0 in Q3 2020 and troughed at -$38.0 million in Q1 2021.
- A 3-year average of -$8.0 million and a median of -$3.4 million in 2020 frame the typical range for Income from Discontinued Operations.
- The widest YoY moves for Income from Discontinued Operations: up 55.21% in 2021, down 465.84% in 2021.
- Over 3 years, Income from Discontinued Operations stood at -$8.4 million in 2017, then surged by 58.05% to -$3.5 million in 2020, then soared by 55.21% to -$1.6 million in 2021.
- The last three Income from Discontinued Operations figures came in at -$1.6 million (Q4 2021), -$38.0 million (Q1 2021), and -$3.5 million (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (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 | - | 1.00 Mn |
| 10 | Customers Bancorp | 742.69 Mn | -3.44 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -1.59 Mn |
| Mar 31, 2021 | -38.04 Mn |
| Dec 31, 2020 | -3.54 Mn |
| Sep 30, 2020 | -532,000.00 |
| Jun 30, 2020 | -3.19 Mn |
| Mar 31, 2020 | -6.72 Mn |
| Jun 30, 2017 | -8.44 Mn |
| Mar 31, 2017 | -1.90 Mn |
| Dec 31, 2016 | -5.66 Mn |
| Sep 30, 2016 | -3.36 Mn |
| Jun 30, 2016 | -3.70 Mn |
| Mar 31, 2016 | -1.81 Mn |
| Dec 31, 2015 | -1.81 Mn |
| Sep 30, 2015 | -1.94 Mn |
| Jun 30, 2015 | -2.07 Mn |
| Mar 31, 2015 | -1.41 Mn |