Customers Bancorp, Inc. (CUBI) Non Operating Interest Expenses (2011 - 2024)
Customers Bancorp's (CUBI) quarterly Non Operating Interest Expenses came in at $166.4 million in Q2 2024, up 0.91% year-over-year from $164.9 million in Q3 2023, and down 2.92% quarter-over-quarter from $171.4 million in Q1 2024.
Analysis
Customers Bancorp, Inc. (CUBI) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
Customers Bancorp (CUBI) has reported Non Operating Interest Expenses for 14 consecutive years, with $166.4 million the latest figure, recorded in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 0.91% year-over-year to $166.4 million in Q2 2024; TTM through Jun 2024 was $687.8 million, a 27.05% increase from a year earlier, with the FY2023 full-year figure at $679.9 million, up 159.85% from the prior year.
- Non Operating Interest Expenses was $166.4 million for Q2 2024 at Customers Bancorp, down from $171.4 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $176.6 million in Q3 2023 and troughed at $18.8 million in Q1 2022.
- A 5-year average of $84.2 million and a median of $38.6 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses plunged 36.82% in 2020 and surged 778.98% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $30.1 million in 2020, then slumped by 32.52% to $20.3 million in 2021, then soared by 561.21% to $134.5 million in 2022, then rose by 28.92% to $173.4 million in 2023, then declined by 4.05% to $166.4 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $166.4 million (Q2 2024), $171.4 million (Q1 2024), and $173.4 million (Q4 2023), per Business Quant data.
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Historic Data
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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 |