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Customers Bancorp CUBI Addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis

Addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis at other companies

Lincoln National logo
Lincoln NationalLNC
$25M+92.3%
Corebridge Financial logo
Corebridge FinancialCRBG
$15M+225%
Jackson Financial logo
Jackson FinancialJXN
$27M+2,600%
First BanCorp logo
First BanCorpFBP
-$88K-1,860%
Rackspace Technology, Inc. logo
Rackspace Technology, Inc.RXT
$2.8M-38.8%
SkyWest logo
SkyWestSKYW
$45K+107%

Other financials

Income statement

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Revenue$225.7M+57.9%
Net income$69.7M+439%
EPS (diluted)$1.97+579%

Balance sheet

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Cash & equivalents$4.8B+39.9%
Total debt$1.7B+31.6%
Total equity$2.1B+15.0%
Total assets$25.9B+15.4%

Cash flow

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Operating cash flow$35.1M-62.7%
CapEx$49.0K-92.9%
Free cash flow$35.0M-62.5%

Valuation

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Market cap$2.63B+50.3%
Enterprise value-$494.97M-29.9%
P/E9.4×-2.7×
P/S2.9×+0.3×

Profitability

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Net margin31.2%+9.8pp
FCF margin46.9%+9.0pp

Returns & leverage

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Return on equity14%+5.9pp
Debt / equity0.8×+0.1×

Where this comes from

Reported directly by Customers Bancorp in its filing.

Tagged under the XBRL concept us-gaap:DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal.

The official record: Customers Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Customers Bancorp's addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis?
Customers Bancorp (CUBI) reported addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis of $7.04M in Q1 2026.
How has Customers Bancorp's addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis changed year-over-year?
Customers Bancorp's addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis decreased by 0.4% year-over-year, from $7.07M to $7.04M.