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Customers Bancorp (Customers Bancorp) Debt-to-Equity : 0.92 (As of Dec. 2023)


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What is Customers Bancorp Debt-to-Equity?

Customers Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.2 Mil. Customers Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,506.1 Mil. Customers Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,638.4 Mil. Customers Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.92.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Customers Bancorp's Debt-to-Equity or its related term are showing as below:

CUBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79   Med: 1.17   Max: 4.1
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Customers Bancorp was 4.10. The lowest was 0.79. And the median was 1.17.

CUBI's Debt-to-Equity is ranked worse than
60.66% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs CUBI: 0.92

Customers Bancorp Debt-to-Equity Historical Data

The historical data trend for Customers Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Customers Bancorp Debt-to-Equity Chart

Customers Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.03 0.81 0.79 0.92

Customers Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 1.66 1.61 1.18 0.92

Competitive Comparison of Customers Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Customers Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Customers Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Customers Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Customers Bancorp's Debt-to-Equity falls into.



Customers Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Customers Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Customers Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Customers Bancorp  (NYSE:CUBI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Customers Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Customers Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Customers Bancorp (Customers Bancorp) Business Description

Traded in Other Exchanges
Address
701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.
Executives
Robert Neil Mackay director 701 READING AVENUE, WEST READING PA 19611
Glenn Hedde officer: Pres Mortgage WarehouseLending 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Jay S Sidhu director, officer: Chairman & CEO 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Velasquez Jessie John Deano officer: Chief Accounting Officer 1015 PENN AVENUE, WYOMISSING PA 19610
Philip Watkins officer: CFO Customers Bank 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Carla A Leibold officer: Principal Accounting Officer C/O 1999 K STREET, N.W., 4TH FLOOR, WASHINGTON DC 20006
Andrew Hertz Bowman officer: EVP and Chief Credit Officer 701 READING AVENUE, WEST READING PA 19611
Samvir S. Sidhu officer: Head of Corporate Development 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Rajeev V Date director 3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Lyle Cunningham officer: Director/Chief Lending Officer 701 READING AVENUE, WEST READING PA 19611
Bernard Bennett Banks director 701 READING AVENUE, WEST READING PA 19611
Steven Issa officer: Exec VP/Chief Lending Officer 16 LILAC STREET, CUMBERLAND RI 02864
T Lawrence Way director 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Richard A Ehst officer: President & COO 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
James T. Collins officer: Chief Administrative Officer 4520 LONGFELLOW COURT, DOYLESTOWN PA 18902