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Customers Bancorp: Q2 Earnings Insights

Customers Bancorp (NYSE:CUBI) reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:00 PM. Here's what investors need to know about the announcement. Earnings Customers Bancorp beat estimated earnings by 0.57%, reporting an EPS of $1.77 versus...

Benzinga · 07/27/2022 18:02

Customers Bancorp (NYSE:CUBI) reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:00 PM.

Here's what investors need to know about the announcement.

Earnings

Customers Bancorp beat estimated earnings by 0.57%, reporting an EPS of $1.77 versus an estimate of $1.76.

Revenue was up $26.09 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.57 which was followed by a 5.94% increase in the share price the next day.

Here's a look at Customers Bancorp's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.62 2.85 1.98 2.05
EPS Actual 2.19 2.92 3.36 1.76
Revenue Estimate 157.73M 201.24M 154.57M 150.51M
Revenue Actual 164.70M 193.69M 219.89M 138.76M

To track all earnings releases for Customers Bancorp VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.