Customers Bancorp (CUBI) Operating Expenses (2016 - 2024)
Customers Bancorp (CUBI) has disclosed Operating Expenses for 11 consecutive years, with $110.4 million as the latest value for Q4 2024.
- Quarterly Operating Expenses rose 17.71% to $110.4 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $417.0 million through Dec 2024, up 18.25% year-over-year, with the annual reading at $431.9 million for FY2025, 3.58% up from the prior year.
- Operating Expenses for Q4 2024 was $110.4 million at Customers Bancorp, up from $104.0 million in the prior quarter.
- The five-year high for Operating Expenses was $110.4 million in Q4 2024, with the low at $49.0 million in Q1 2020.
- Average Operating Expenses over 5 years is $79.2 million, with a median of $79.2 million recorded in 2021.
- The sharpest move saw Operating Expenses fell 16.43% in 2020, then surged 42.24% in 2021.
- Over 5 years, Operating Expenses stood at $59.9 million in 2020, then surged by 36.07% to $81.5 million in 2021, then dropped by 3.84% to $78.4 million in 2022, then grew by 19.57% to $93.8 million in 2023, then rose by 17.71% to $110.4 million in 2024.
- According to Business Quant data, Operating Expenses over the past three periods came in at $110.4 million, $104.0 million, and $103.5 million for Q4 2024, Q3 2024, and Q2 2024 respectively.