Customers Bancorp (CUBI) Depreciation Expense (2018 - 2024)
Historic Depreciation Expense for Customers Bancorp (CUBI) over the last 7 years, with Q4 2024 value amounting to $8.9 million.
- Customers Bancorp's Depreciation Expense rose 2142.18% to $8.9 million in Q4 2024 from the same period last year, while for Dec 2024 it was $32.5 million, marking a year-over-year increase of 884.67%. This contributed to the annual value of $32.5 million for FY2024, which is 884.67% up from last year.
- Per Customers Bancorp's latest filing, its Depreciation Expense stood at $8.9 million for Q4 2024, which was up 2142.18% from $7.8 million recorded in Q3 2024.
- Over the past 5 years, Customers Bancorp's Depreciation Expense peaked at $8.9 million during Q4 2024, and registered a low of $3.4 million during Q1 2020.
- For the 5-year period, Customers Bancorp's Depreciation Expense averaged around $5.9 million, with its median value being $5.8 million (2022).
- In the last 5 years, Customers Bancorp's Depreciation Expense surged by 7821.11% in 2020 and then soared by 120.63% in 2024.
- Over the past 5 years, Customers Bancorp's Depreciation Expense (Quarter) stood at $4.0 million in 2020, then rose by 16.15% to $4.6 million in 2021, then soared by 40.93% to $6.5 million in 2022, then grew by 12.87% to $7.4 million in 2023, then grew by 21.42% to $8.9 million in 2024.
- Its Depreciation Expense was $8.9 million in Q4 2024, compared to $7.8 million in Q3 2024 and $7.8 million in Q2 2024.