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Customers Bancorp (CUBI) Asset Writedowns and Impairment: 2016-2023

Historic Asset Writedowns and Impairment for Customers Bancorp (CUBI) over the last 1 years, with Jun 2023 value amounting to $15,000.

  • Customers Bancorp's Asset Writedowns and Impairment fell 98.75% to $15,000 in Q2 2023 from the same period last year, while for Jun 2023 it was $1.5 million, marking a year-over-year decrease of 89.49%. This contributed to the annual value of $124,000 for FY2023, which is 90.90% down from last year.
  • Per Customers Bancorp's latest filing, its Asset Writedowns and Impairment stood at $15,000 for Q2 2023, which was down 86.24% from $109,000 recorded in Q1 2023.
  • Customers Bancorp's Asset Writedowns and Impairment's 5-year high stood at $1.2 million during Q2 2022, with a 5-year trough of $15,000 in Q2 2023.
  • For the 2-year period, Customers Bancorp's Asset Writedowns and Impairment averaged around $371,500, with its median value being $135,500 (2022).
  • Data for Customers Bancorp's Asset Writedowns and Impairment shows a maximum YoY slumped of 98.75% (in 2023) over the last 5 years.
  • Customers Bancorp's Asset Writedowns and Impairment (Quarterly) stood at $162,000 in 2022, then slumped by 98.75% to $15,000 in 2023.
  • Its Asset Writedowns and Impairment stands at $15,000 for Q2 2023, versus $109,000 for Q1 2023 and $162,000 for Q3 2022.