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Customers Bancorp (CUBI) Rent Expense (2016 - 2024)

Historic Rent Expense for Customers Bancorp (CUBI) over the last 14 years, with Q4 2024 value amounting to $3.3 million.

  • Customers Bancorp's Rent Expense rose 4375.0% to $3.3 million in Q4 2024 from the same period last year, while for Dec 2024 it was $12.4 million, marking a year-over-year increase of 2707.29%. This contributed to the annual value of $11.8 million for FY2024, which is 1707.05% up from last year.
  • As of Q4 2024, Customers Bancorp's Rent Expense stood at $3.3 million, which was up 4375.0% 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
  • In the last 5 years, Customers Bancorp's Rent Expense had a median value of $2.7 million in 2020 and averaged $2.9 million.
  • In the last 5 years, Customers Bancorp's Rent Expense soared by 7240.13% in 2022 and then crashed by 4113.11% in 2023.
  • Quarter analysis of 5 years shows Customers Bancorp's Rent Expense stood at $2.7 million in 2020, then soared by 58.13% to $4.3 million in 2021, then decreased by 15.31% to $3.7 million in 2022, then crashed by 36.82% to $2.3 million in 2023, then soared 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.