Customers Bancorp (CUBI) Loans - Loss Allowance: 2014-2024
Historic Loans - Loss Allowance for Customers Bancorp (CUBI) over the last 11 years, with Sep 2024 value amounting to $133.2 million.
- Customers Bancorp's Loans - Loss Allowance fell 4.32% to $133.2 million in Q3 2024 from the same period last year, while for Sep 2024 it was $133.2 million, marking a year-over-year decrease of 4.32%. This contributed to the annual value of $135.3 million for FY2023, which is 3.35% up from last year.
- Per Customers Bancorp's latest filing, its Loans - Loss Allowance stood at $133.2 million for Q3 2024, which was up 0.58% from $132.4 million recorded in Q2 2024.
- Customers Bancorp's 5-year Loans - Loss Allowance high stood at $159.9 million for Q2 2020, and its period low was $125.4 million during Q2 2021.
- Its 3-year average for Loans - Loss Allowance is $137.0 million, with a median of $133.3 million in 2024.
- Per our database at Business Quant, Customers Bancorp's Loans - Loss Allowance surged by 241.81% in 2020 and then dropped by 21.56% in 2021.
- Over the past 5 years, Customers Bancorp's Loans - Loss Allowance (Quarterly) stood at $144.2 million in 2020, then declined by 4.44% to $137.8 million in 2021, then declined by 4.99% to $130.9 million in 2022, then grew by 3.35% to $135.3 million in 2023, then declined by 4.32% to $133.2 million in 2024.
- Its Loans - Loss Allowance was $133.2 million in Q3 2024, compared to $132.4 million in Q2 2024 and $133.3 million in Q1 2024.