KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeDepreciation & Amortization - TotalEBITEBTEPS (Basic)EPS (Weighted Average and Diluted)Financial Services FeesIncome from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest Expense - OthersInterest ExpensesInterest Income - Debt SecuritiesInterest Income - DepositsInterest Income - NetInterest Income - TotalInterest income - LoansInvestment Banking IncomeInvestment Gain (Loss)Mortgage BankingNet Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesOther interest incomePreferred Dividend PaymentsProfit After TaxProvisionsRent ExpenseResearch & DevelopmentRevenueTax ProvisionsTax RateWages, Salaries and Other
Others
Ratios

Customers Bancorp (CUBI) Rent Expense: 2014-2024

Historic Rent Expense for Customers Bancorp (CUBI) over the last 11 years, with Dec 2024 value amounting to $3.3 million.

  • Customers Bancorp's Rent Expense rose 43.75% to $3.3 million in Q4 2024 from the same period last year, while for Dec 2024 it was $11.8 million, marking a year-over-year increase of 17.07%. This contributed to the annual value of $11.8 million for FY2024, which is 17.07% up from last year.
  • According to the latest figures from Q4 2024, Customers Bancorp's Rent Expense is $3.3 million, which was up 11.65% from $3.0 million recorded in Q3 2024.
  • In the past 5 years, Customers Bancorp's Rent Expense ranged from a high of $4.3 million in Q4 2021 and a low of $2.3 million during Q4 2023.
  • Moreover, its 3-year median value for Rent Expense was $2.9 million (2023), whereas its average is $3.0 million.
  • Per our database at Business Quant, Customers Bancorp's Rent Expense spiked by 72.40% in 2022 and then slumped by 41.13% in 2023.
  • Customers Bancorp's Rent Expense (Quarterly) stood at $2.7 million in 2020, then surged by 58.13% to $4.3 million in 2021, then declined by 15.31% to $3.7 million in 2022, then crashed by 36.82% to $2.3 million in 2023, then skyrocketed by 43.75% to $3.3 million in 2024.
  • Its Rent Expense stands at $3.3 million for Q4 2024, versus $3.0 million for Q3 2024 and $3.1 million for Q2 2024.