KPIs & Operating Metrics(New)

Customers Bancorp (CUBI) Restructuring Costs (2016 - 2021)

Customers Bancorp (CUBI) has disclosed Restructuring Costs for 5 consecutive years, with $418000.0 as the latest value for Q1 2021.

  • Quarterly Restructuring Costs changed N/A to $418000.0 in Q1 2021 from the year-ago period, while the trailing twelve-month figure was $418000.0 through Dec 2021, down 69.42% year-over-year, with the annual reading at $418000.0 for FY2021, 69.42% down from the prior year.
  • Restructuring Costs for Q1 2021 was $418000.0 at Customers Bancorp, down from $709000.0 in the prior quarter.
  • The five-year high for Restructuring Costs was $2.9 million in Q3 2018, with the low at $106000.0 in Q1 2018.
  • Average Restructuring Costs over 4 years is $823250.0, with a median of $564500.0 recorded in 2018.
  • Peak annual rise in Restructuring Costs hit 14.88% in 2018, while the deepest fall reached 14.88% in 2018.
  • Over 4 years, Restructuring Costs stood at $410000.0 in 2017, then grew by 14.88% to $471000.0 in 2018, then skyrocketed by 50.53% to $709000.0 in 2020, then plummeted by 41.04% to $418000.0 in 2021.
  • According to Business Quant data, Restructuring Costs over the past three periods came in at $418000.0, $709000.0, and $658000.0 for Q1 2021, Q4 2020, and Q3 2020 respectively.