Customers Bancorp (Customers Bancorp) Scaled Net Operating Assets : -0.14 (As of Dec. 2023)

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What is Customers Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Customers Bancorp's operating assets for the quarter that ended in Dec. 2023 was $15,064.28 Mil. Customers Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $18,168.59 Mil. Customers Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $21,857.15 Mil. Therefore, Customers Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.14.

Customers Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Customers Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(17469.919	-	18168.594)	/	20896.112
=	-0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	21316.265	-	3846.346
=	17469.919

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19677.871	-	1506.07	-	3.207
=	18168.594

Customers Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(15064.279	-	18168.594)	/	21857.152
=	-0.14

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	21316.265	-	6251.986
=	15064.279

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19677.871	-	1506.07	-	3.207
=	18168.594

* 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.

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Customers Bancorp (Customers Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Customers Bancorp Inc (NYSE:CUBIpC.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CUBIpF.PFD:USA CUBIpE.PFD:USA CUBI:USA

Address

701 Reading Avenue, West Reading, PA, USA, 19611

Website

https://www.customersbank.com

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.