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 $32.4 million, marking a year-over-year increase of 1029.6%. This contributed to the annual value of $32.5 million for FY2024, which is 884.67% up from last year.
- According to the latest figures from Q4 2024, Customers Bancorp's Depreciation Expense is $8.9 million, which was up 2142.18% from $7.8 million recorded in Q3 2024.
- In the past 5 years, Customers Bancorp's Depreciation Expense ranged from a high of $8.9 million in Q4 2024 and a low of $3.4 million during Q1 2020
- Over the past 5 years, Customers Bancorp's median Depreciation Expense value was $5.8 million (recorded in 2022), while the average stood at $5.9 million.
- Per our database at Business Quant, Customers Bancorp's Depreciation Expense skyrocketed by 7821.11% in 2020 and then surged by 120.63% in 2024.
- Over the past 5 years, Customers Bancorp's Depreciation Expense (Quarter) stood at $4.0 million in 2020, then increased by 16.15% to $4.6 million in 2021, then surged by 40.93% to $6.5 million in 2022, then rose by 12.87% to $7.4 million in 2023, then rose by 21.42% to $8.9 million in 2024.
- Its Depreciation Expense stands at $8.9 million for Q4 2024, versus $7.8 million for Q3 2024 and $7.8 million for Q2 2024.