Customers Bancorp (CUBI) Interest Expense - Fed Funds (2016 - 2019)
Customers Bancorp (CUBI) has disclosed Interest Expense - Fed Funds for 5 consecutive years, with $7.6 million as the latest value for Q3 2019.
- Quarterly Interest Expense - Fed Funds fell 17.12% to $7.6 million in Q3 2019 from the year-ago period, while the trailing twelve-month figure was $29.6 million through Sep 2019, down 14.02% year-over-year, with the annual reading at $88000.0 for FY2011, N/A changed from the prior year.
- Interest Expense - Fed Funds for Q3 2019 was $7.6 million at Customers Bancorp, down from $7.6 million in the prior quarter.
- The five-year high for Interest Expense - Fed Funds was $11.2 million in Q2 2018, with the low at $1.6 million in Q3 2015.
- Average Interest Expense - Fed Funds over 5 years is $5.4 million, with a median of $5.3 million recorded in 2017.
- The sharpest move saw Interest Expense - Fed Funds soared 131.37% in 2018, then plummeted 31.93% in 2019.
- Over 5 years, Interest Expense - Fed Funds stood at $1.6 million in 2015, then soared by 111.5% to $3.3 million in 2016, then soared by 113.67% to $7.0 million in 2017, then increased by 29.76% to $9.1 million in 2018, then fell by 17.12% to $7.6 million in 2019.
- According to Business Quant data, Interest Expense - Fed Funds over the past three periods came in at $7.6 million, $7.6 million, and $5.3 million for Q3 2019, Q2 2019, and Q1 2019 respectively.