Customers Bancorp (CUBI) Loans - Loss Allowance (2016 - 2024)
Customers Bancorp (CUBI) has disclosed Loans - Loss Allowance for 11 consecutive years, with $133.2 million as the latest value for Q3 2024.
- Quarterly Loans - Loss Allowance fell 4.35% to $133.2 million in Q3 2024 from the year-ago period, while the trailing twelve-month figure was $133.2 million through Sep 2024, down 4.35% year-over-year, with the annual reading at $135.3 million for FY2023, 3.35% up from the prior year.
- Loans - Loss Allowance for Q3 2024 was $133.2 million at Customers Bancorp, up from $132.4 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $159.9 million in Q2 2020, with the low at $125.4 million in Q2 2021.
- Average Loans - Loss Allowance over 5 years is $138.9 million, with a median of $135.3 million recorded in 2023.
- The sharpest move saw Loans - Loss Allowance surged 241.77% in 2020, then decreased 21.56% in 2021.
- Over 5 years, Loans - Loss Allowance stood at $144.2 million in 2020, then dropped by 4.42% to $137.8 million in 2021, then dropped by 4.99% to $130.9 million in 2022, then increased by 3.35% to $135.3 million in 2023, then fell by 1.59% to $133.2 million in 2024.
- According to Business Quant data, Loans - Loss Allowance over the past three periods came in at $133.2 million, $132.4 million, and $133.3 million for Q3 2024, Q2 2024, and Q1 2024 respectively.