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Customers Bancorp (CUBI) Rent Expense: 2010-2024

Historic Rent Expense for Customers Bancorp (CUBI) over the last 15 years, with Dec 2024 value amounting to $11.8 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.
  • Latest data reveals that Customers Bancorp reported Rent Expense of $11.8 million as of FY2024, which was up 17.07% from $10.1 million recorded in FY2023.
  • In the past 5 years, Customers Bancorp's Rent Expense registered a high of $13.6 million during FY2022, and its lowest value of $10.1 million during FY2023.
  • Moreover, its 3-year median value for Rent Expense was $11.8 million (2024), whereas its average is $11.8 million.
  • As far as peak fluctuations go, Customers Bancorp's Rent Expense declined by 25.99% in 2023, and later rose by 17.07% in 2024.
  • Over the past 5 years, Customers Bancorp's Rent Expense (Yearly) stood at $11.4 million in 2020, then climbed by 6.87% to $12.1 million in 2021, then grew by 12.05% to $13.6 million in 2022, then dropped by 25.99% to $10.1 million in 2023, then rose by 17.07% to $11.8 million in 2024.