Customers Bancorp (CUBI) Other Gross PP&E Adjustments (2016 - 2024)
Customers Bancorp (CUBI) has disclosed Other Gross PP&E Adjustments for 11 consecutive years, with -$35.9 million as the latest value for Q3 2024.
- Quarterly Other Gross PP&E Adjustments fell 114.27% to -$35.9 million in Q3 2024 from the year-ago period, while the trailing twelve-month figure was -$4.0 million through Dec 2024, up 74.12% year-over-year, with the annual reading at -$15.6 million for FY2023, 3.03% up from the prior year.
- Other Gross PP&E Adjustments for Q3 2024 was -$35.9 million at Customers Bancorp, down from -$17.3 million in the prior quarter.
- The five-year high for Other Gross PP&E Adjustments was -$12.4 million in Q1 2022, with the low at -$35.9 million in Q3 2024.
- Average Other Gross PP&E Adjustments over 5 years is -$17.6 million, with a median of -$16.8 million recorded in 2023.
- The sharpest move saw Other Gross PP&E Adjustments increased 24.38% in 2021, then plummeted 114.27% in 2024.
- Over 5 years, Other Gross PP&E Adjustments stood at -$16.6 million in 2020, then grew by 23.53% to -$12.7 million in 2021, then fell by 27.26% to -$16.1 million in 2022, then increased by 3.03% to -$15.6 million in 2023, then plummeted by 129.49% to -$35.9 million in 2024.
- According to Business Quant data, Other Gross PP&E Adjustments over the past three periods came in at -$35.9 million, -$17.3 million, and -$16.7 million for Q3 2024, Q2 2024, and Q1 2024 respectively.