Customers Bancorp (CUBB) Non Operating Interest Expenses (2011 - 2024)
Customers Bancorp's (CUBB) quarterly Non Operating Interest Expenses came in at $166.4 million in Q2 2024, up 0.91% year-over-year from $164.9 million in Q3 2023, and down 2.92% quarter-over-quarter from $171.4 million in Q1 2024.
Analysis
Customers Bancorp (CUBB) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
Customers Bancorp (CUBB) has reported Non Operating Interest Expenses for 14 consecutive years, with $166.4 million the latest figure, recorded in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 0.91% year-over-year to $166.4 million in Q2 2024; TTM through Jun 2024 was $687.8 million, a 27.05% increase from a year earlier, with the FY2023 full-year figure at $679.9 million, up 159.85% from the prior year.
- Non Operating Interest Expenses was $166.4 million for Q2 2024 at Customers Bancorp, down from $171.4 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $176.6 million in Q3 2023 and troughed at $18.8 million in Q1 2022.
- A 5-year average of $84.2 million and a median of $38.6 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses plunged 36.82% in 2020 and surged 778.98% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $30.1 million in 2020, then slumped by 32.52% to $20.3 million in 2021, then soared by 561.21% to $134.5 million in 2022, then rose by 28.92% to $173.4 million in 2023, then declined by 4.05% to $166.4 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $166.4 million (Q2 2024), $171.4 million (Q1 2024), and $173.4 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 959.46 Bn | 959.46 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 62.09 Bn | 62.09 Bn | - | 224.00 Mn |
| 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 |
|---|---|
| Jun 30, 2024 | 166.39 Mn |
| Mar 31, 2024 | 171.39 Mn |
| Dec 31, 2023 | 173.41 Mn |
| Sep 30, 2023 | 176.57 Mn |
| Jun 30, 2023 | 164.89 Mn |
| Mar 31, 2023 | 165.05 Mn |
| Dec 31, 2022 | 134.51 Mn |
| Sep 30, 2022 | 76.88 Mn |
| Jun 30, 2022 | 31.48 Mn |
| Mar 31, 2022 | 18.78 Mn |
| Dec 31, 2021 | 20.34 Mn |
| Sep 30, 2021 | 22.96 Mn |
| Jun 30, 2021 | 24.12 Mn |
| Mar 31, 2021 | 28.38 Mn |
| Dec 31, 2020 | 30.15 Mn |
| Sep 30, 2020 | 32.21 Mn |
| Jun 30, 2020 | 33.24 Mn |
| Mar 31, 2020 | 44.02 Mn |
| Dec 31, 2019 | 46.40 Mn |
| Sep 30, 2019 | 50.98 Mn |