Customers Bancorp (CUBI) Non Operating Interest Expenses (2011 - 2024)
Customers Bancorp (CUBI) reported Non Operating Interest Expenses of $166.39 million for Q2 2024, up 0.9% from $164.89 million a year earlier but down 2.9% from the prior quarter.
Customers Bancorp (CUBI) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Customers Bancorp's Non Operating Interest Expenses came in at $687.75 million, up 27.0% year-over-year; for FY2023, it was $679.91 million, up 159.9% from FY2022.
- Non Operating Interest Expenses has a five-year compound annual growth rate of 33.5% (FY2018 to FY2023).
- By year, Non Operating Interest Expenses came in at $261.65 million in FY2022 (+173.1%), $95.81 million in FY2021 (-31.4%), $139.62 million in FY2020 (-25.1%) and $186.43 million in FY2019 (+16.5%).
- Five-year quarterly Non Operating Interest Expenses spans a low of $18.78 million in Q1 2022 and a high of $176.57 million in Q3 2023.
- Year over year, Non Operating Interest Expenses has now increased in each of the last nine quarters, with growth averaging 270.3% over the last eight quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q1 2023 (growth of 779.0%); the low point was Q3 2020 (a decline of 36.8%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $171.39 million (Q1 2024), $173.41 million (Q4 2023) and $176.57 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Customers Bancorp | 2.50 Bn | -15.07 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 166.39 Mn |
| Mar 31, 2024 | 171.39 Mn |
| Dec 31, 2023 | 173.41 Mn |
| Sep 30, 2023 | 176.57 Mn |
| Jun 30, 2023 | 164.89 Mn |
| Mar 31, 2023 | 165.05 Mn |
| Dec 31, 2022 | 134.51 Mn |
| Sep 30, 2022 | 76.88 Mn |
| Jun 30, 2022 | 31.48 Mn |
| Mar 31, 2022 | 18.78 Mn |
| Dec 31, 2021 | 20.34 Mn |
| Sep 30, 2021 | 22.96 Mn |
| Jun 30, 2021 | 24.12 Mn |
| Mar 31, 2021 | 28.38 Mn |
| Dec 31, 2020 | 30.15 Mn |
| Sep 30, 2020 | 32.21 Mn |
| Jun 30, 2020 | 33.24 Mn |
| Mar 31, 2020 | 44.02 Mn |
| Dec 31, 2019 | 46.40 Mn |
| Sep 30, 2019 | 50.98 Mn |
Customers Bancorp Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=CUBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "CUBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=CUBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();