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Customers Bancorp (CUBI) Change in Accured Expenses: 2014-2024

Historic Change in Accured Expenses for Customers Bancorp (CUBI) over the last 11 years, with Dec 2024 value amounting to $28.4 million.

  • Customers Bancorp's Change in Accured Expenses rose 294.01% to $28.4 million in Q4 2024 from the same period last year, while for Dec 2024 it was -$32.8 million, marking a year-over-year decrease of 275.77%. This contributed to the annual value of -$32.8 million for FY2024, which is 275.77% down from last year.
  • Latest data reveals that Customers Bancorp reported Change in Accured Expenses of $28.4 million as of Q4 2024, which was up 534.40% from -$6.5 million recorded in Q3 2024.
  • In the past 5 years, Customers Bancorp's Change in Accured Expenses registered a high of $135.7 million during Q1 2021, and its lowest value of -$55.2 million during Q1 2024.
  • Over the past 3 years, Customers Bancorp's median Change in Accured Expenses value was -$5.8 million (recorded in 2022), while the average stood at -$2.9 million.
  • Per our database at Business Quant, Customers Bancorp's Change in Accured Expenses spiked by 849.73% in 2020 and then plummeted by 405.62% in 2024.
  • Quarterly analysis of 5 years shows Customers Bancorp's Change in Accured Expenses stood at -$26.9 million in 2020, then decreased by 23.74% to -$33.3 million in 2021, then fell by 11.30% to -$37.1 million in 2022, then skyrocketed by 60.46% to -$14.7 million in 2023, then spiked by 294.01% to $28.4 million in 2024.
  • Its last three reported values are $28.4 million in Q4 2024, -$6.5 million for Q3 2024, and $480,000 during Q2 2024.