Customers Bancorp (CUBI) Service Charges (2009 - 2018)
Customers Bancorp's Service Charges was $2.09 million in Q1 2018, down 33.1% from $3.13 million a year earlier and down 1.4% from the prior quarter.
Customers Bancorp (CUBI) Service Charges (2009 - 2018) Analysis & Trends
On a trailing twelve-month basis, Customers Bancorp's Service Charges was $7.13 million through Mar 31, 2018, down 31.6% year-over-year; for FY2017, it came in at $10.04 million, up 24.4% from FY2016.
- Service Charges has now increased for five consecutive years, with a five-year compound annual growth rate of 83.6% (FY2012 to FY2017).
- In earlier years, Service Charges was $8.07 million in FY2016 (+754.6%), $944,000 in FY2015 (+17.9%), $801,000 in FY2014 (+18.7%) and $675,000 in FY2013 (+40.3%).
- Quarterly Service Charges has moved between $159,000 (Q2 2013) and $4.22 million (Q3 2016) over five years.
- Compared with a year earlier, Service Charges has declined for four straight quarters, with an average decline of 17.8% over the last five quarters.
- The best year-over-year quarter for Service Charges over five years was Q1 2014 (growth of 64.6%); the worst was Q3 2017 (a decline of 37.0%).
- Per Business Quant data, CUBI's Service Charges in the three quarters before Q1 2018 was $2.12 million (Q4 2017), $2.66 million (Q3 2017) and $258,000 (Q2 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - |
| 10 | Customers Bancorp | 2.56 Bn | -15.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 2.09 Mn |
| Dec 31, 2017 | 2.12 Mn |
| Sep 30, 2017 | 2.66 Mn |
| Jun 30, 2017 | 258,000.00 |
| Mar 31, 2017 | 3.13 Mn |
| Dec 31, 2016 | 2.81 Mn |
| Sep 30, 2016 | 4.22 Mn |
| Jun 30, 2016 | 278,000.00 |
| Mar 31, 2016 | 254,000.00 |
| Dec 31, 2015 | 253,000.00 |
| Sep 30, 2015 | 265,000.00 |
| Jun 30, 2015 | 247,000.00 |
| Mar 31, 2015 | 179,000.00 |
| Dec 31, 2014 | 183,000.00 |
| Sep 30, 2014 | 192,000.00 |
| Jun 30, 2014 | 212,000.00 |
| Mar 31, 2014 | 214,000.00 |
| Dec 31, 2013 | 188,000.00 |
| Sep 30, 2013 | 198,000.00 |
| Jun 30, 2013 | 159,000.00 |
Customers Bancorp Service Charges API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=service-charges&ticker=CUBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "ticker": "CUBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=service-charges&ticker=CUBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();