When did Customers Bancorp report Q2 2024 earnings?

Customers Bancorp (CUBI) reported Q2 2024 earnings on July 25, 2024 after market close.

What were Customers Bancorp's Q2 2024 revenue and EPS?

Customers Bancorp reported revenue of $195.2M and eps of $1.49 for Q2 2024.

Did Customers Bancorp beat estimates in Q2 2024?

Revenue beat the consensus estimate of $164.5M by $30.7M. EPS beat the consensus estimate of $1.43 by $0.06.

Where can I find Customers Bancorp's Q2 2024 SEC filings?

You can read the 10-Q periodic report (0001488813-24-000080) directly on SEC EDGAR. The filing index links above go to sec.gov.

Customers Bancorp CUBI Q2 2024 earnings

Reported July 25, 2024 · After market close

Revenue$195.2MBeat by $30.7M

EPS$1.49Beat by $0.06

Revenue estimate$164.5M

EPS estimate$1.43

Next report

Oct 22, 2026 (in 3 months)

Revenue estimate$238.5M

EPS estimate$2.13

Financials

Q2 2024

Income statement

See full

Revenue$198.7M+9.6%

Net income$58.1M+22.1%

EPS (diluted)$1.66+19.4%

Balance sheet

See full

Cash & equivalents$3.0B-3.4%

Total debt$1.0B-49.8%

Total equity$1.7B+19.9%

Total assets$20.9B-4.9%

Cash flow

See full

Operating cash flow$6.1M-93.2%

CapEx$318.0K+1,225%

Free cash flow$5.8M-93.6%

Valuation & ratios

Valuation

as of 06/30/24

See full

Market cap$1.51B+59.5%

Enterprise value-$501.09M-252%

P/E5.9×+1.0×

P/S1.9×+0.4×

Profitability

See full

Net margin32.5%+2.3pp

Returns & leverage

See full

Return on equity16%+2.2pp

Debt / equity0.6×-0.8×

Versus estimates

Revenue

Q2 2026$227.3MMiss by $2.0M Q1 2026$225.4MBeat by $1.9M Q4 2025$236.9MBeat by $8.5M Q3 2025$227.9MBeat by $12.8M Q2 2025$202.3MBeat by $16.2M Q1 2025$138.3MMiss by $26.8M

Diluted EPS

Q2 2026$2.05Beat by $0.05 Q1 2026$1.97Beat by $0.09 Q4 2025$2.06Beat by $0.02 Q3 2025$2.20Beat by $0.30 Q2 2025$1.80Beat by $0.30 Q1 2025$1.54Beat by $0.26

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Questions, answered.

When did Customers Bancorp report Q2 2024 earnings?: Customers Bancorp (CUBI) reported Q2 2024 earnings on July 25, 2024 after market close.
What were Customers Bancorp's Q2 2024 revenue and EPS?: Customers Bancorp reported revenue of $195.2M and eps of $1.49 for Q2 2024.
Did Customers Bancorp beat estimates in Q2 2024?: Revenue beat the consensus estimate of $164.5M by $30.7M. EPS beat the consensus estimate of $1.43 by $0.06.
Where can I find Customers Bancorp's Q2 2024 SEC filings?: You can read the 10-Q periodic report (0001488813-24-000080) directly on SEC EDGAR. The filing index links above go to sec.gov.