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.
- Latest data reveals that Customers Bancorp reported Depreciation Expense of $8.9 million as of Q4 2024, which was up 2142.18% from $7.8 million recorded in Q3 2024.
- In the past 5 years, Customers Bancorp's Depreciation Expense registered a high of $8.9 million during Q4 2024, and its lowest value of $3.4 million during Q1 2020.
- Moreover, its 5-year median value for Depreciation Expense was $5.8 million (2022), whereas its average is $5.9 million.
- Its Depreciation Expense has fluctuated over the past 5 years, first skyrocketed by 7821.11% in 2020, then surged by 120.63% in 2024.
- 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 was $8.9 million in Q4 2024, compared to $7.8 million in Q3 2024 and $7.8 million in Q2 2024.