KPIs & Operating Metrics(New)

Customers Bancorp (CUBI) Tax Provisions (2016 - 2024)

Historic Tax Provisions for Customers Bancorp (CUBI) over the last 14 years, with Q4 2024 value amounting to $8.9 million.

  • Customers Bancorp's Tax Provisions fell 5895.58% to $8.9 million in Q4 2024 from the same period last year, while for Dec 2024 it was $26.5 million, marking a year-over-year decrease of 7036.11%. This contributed to the annual value of $42.9 million for FY2024, which is 4676.72% down from last year.
  • Latest data reveals that Customers Bancorp reported Tax Provisions of $8.9 million as of Q4 2024, which was down 5895.58% from -$725000.0 recorded in Q3 2024.
  • In the past 5 years, Customers Bancorp's Tax Provisions ranged from a high of $36.3 million in Q3 2021 and a low of -$725000.0 during Q3 2024
  • In the last 5 years, Customers Bancorp's Tax Provisions had a median value of $17.7 million in 2021 and averaged $16.0 million.
  • Per our database at Business Quant, Customers Bancorp's Tax Provisions soared by 43634.7% in 2021 and then tumbled by 10308.9% in 2024.
  • Quarter analysis of 5 years shows Customers Bancorp's Tax Provisions stood at $23.4 million in 2020, then crashed by 44.59% to $13.0 million in 2021, then crashed by 45.08% to $7.1 million in 2022, then skyrocketed by 205.44% to $21.8 million in 2023, then plummeted by 58.96% to $8.9 million in 2024.
  • Its Tax Provisions stands at $8.9 million for Q4 2024, versus -$725000.0 for Q3 2024 and $19.0 million for Q2 2024.