Customers Bancorp (CUBI) Provisions: 2014-2024
Historic Provisions for Customers Bancorp (CUBI) over the last 11 years, with Dec 2024 value amounting to $21.2 million.
- Customers Bancorp's Provisions rose 56.73% to $21.2 million in Q4 2024 from the same period last year, while for Dec 2024 it was $74.2 million, marking a year-over-year decrease of 0.62%. This contributed to the annual value of $73.5 million for FY2024, which is 1.55% down from last year.
- Latest data reveals that Customers Bancorp reported Provisions of $21.2 million as of Q4 2024, which was up 19.30% from $17.8 million recorded in Q3 2024.
- Customers Bancorp's Provisions' 5-year high stood at $31.8 million during Q1 2020, with a 5-year trough of -$8.0 million in Q3 2022.
- Over the past 3 years, Customers Bancorp's median Provisions value was $18.0 million (recorded in 2023), while the average stood at $17.4 million.
- Within the past 5 years, the most significant YoY rise in Customers Bancorp's Provisions was 648.03% (2022), while the steepest drop was 160.73% (2022).
- Over the past 5 years, Customers Bancorp's Provisions (Quarterly) stood at -$2.9 million in 2020, then soared by 576.83% to $13.9 million in 2021, then surged by 103.14% to $28.2 million in 2022, then crashed by 52.07% to $13.5 million in 2023, then skyrocketed by 56.73% to $21.2 million in 2024.
- Its Provisions stands at $21.2 million for Q4 2024, versus $17.8 million for Q3 2024 and $18.1 million for Q2 2024.