Customers Bancorp (NYSE:CUBI) reported its Q4 earnings results on Monday, January 24, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Customers Bancorp beat estimated earnings by 2.46%, reporting an EPS of $2.92 versus an estimate of $2.85, which did not surprise analysts.
Revenue was up $70.75 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.38, which was followed by a 11.9% increase in the share price the next day.
Here's a look at Customers Bancorp's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.98 | 2.05 | 1.54 | 1.59 |
| EPS Actual | 3.36 | 1.76 | 2.14 | 1.65 |
| Revenue Estimate | 154.57M | 150.51M | 129.77M | 115.90M |
| Revenue Actual | 219.89M | 138.76M | 132.73M | 122.95M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
