KPIs & Operating Metrics(New)

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

Customers Bancorp (CUBI) has disclosed Tax Provisions for 11 consecutive years, with $8.9 million as the latest value for Q4 2024.

  • Quarterly Tax Provisions fell 58.96% to $8.9 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $42.9 million through Dec 2024, down 46.77% year-over-year, with the annual reading at $64.3 million for FY2025, 49.97% up from the prior year.
  • Tax Provisions for Q4 2024 was $8.9 million at Customers Bancorp, up from -$725000.0 in the prior quarter.
  • The five-year high for Tax Provisions was $36.3 million in Q3 2021, with the low at -$725000.0 in Q3 2024.
  • Average Tax Provisions over 5 years is $16.0 million, with a median of $17.7 million recorded in 2021.
  • The sharpest move saw Tax Provisions soared 436.35% in 2021, then crashed 103.09% in 2024.
  • Over 5 years, Tax Provisions stood at $23.4 million in 2020, then crashed by 44.59% to $13.0 million in 2021, then plummeted by 45.08% to $7.1 million in 2022, then surged by 205.44% to $21.8 million in 2023, then tumbled by 58.96% to $8.9 million in 2024.
  • According to Business Quant data, Tax Provisions over the past three periods came in at $8.9 million, -$725000.0, and $19.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.