NYSE$CUBI
Customers Bancorp Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Customers Bancorp's Q4 2024 performance was marked by solid deposit growth and a strategic securities portfolio repositioning.
Customers Bancorp reported a Q4 2024 net income available to common shareholders of $23.3 million, or $0.71 per diluted share. Core earnings were $44.2 million, or $1.36 per diluted share. The company experienced growth in total loans and leases, as well as total deposits during the quarter. It strategically repositioned its securities portfolio to enhance liquidity and reduce asset sensitivity.
- Net income available to common shareholders was $23.3 million, or $0.71 per diluted share.
- Core earnings were $44.2 million, or $1.36 per diluted share.
- Total loans and leases held for investment grew by $671.1 million.
- Total deposits increased by $777.1 million, with non-interest bearing demand deposits increasing by $937.5 million.
Headline financials
Revenue & EPS history
Customers Bancorp · Revenue · Quarterly
$168M
Forward guidance
Customers Bancorp anticipates continued deposit growth, loan portfolio expansion, and net interest income increase in 2025, along with maintaining strong capital ratios and focusing on operational efficiency.
Tailwinds
- Expects deposit growth of 5% to 9% during 2025.
- Targets to increase the loan portfolio by about 7% to 10% in 2025.
- Anticipates net interest income to increase between 3% to 7% in 2025.
- Sees core efficiency ratio in the low to mid 50’s.
- Remains committed to maintaining higher levels of capital with CET 1 ratio target of 11.5% in 2025.
Headwinds
- Expects professional services expense to remain elevated for the next quarter.
- Remixing out less strategic deposits especially in the first half of the year.
- Investments in risk management infrastructure.
- Managing risk and maintaining robust capital levels.
- Focus on loan production where the company has a holistic and primary relationship.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.5%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+4.2%
Avg return
30 days after
61%
37 / 61 earnings
Positive
+23.2%
Q3 2023
Best reaction
-18.9%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.5% | -2.1% | -3.5% | |
| Q4 2025 | -7.8% | -5.8% | -10.2% | |
| Q3 2025 | +7.3% | +2.9% | +0.7% | |
| Q2 2025 | -1.2% | -1.3% | +1.8% | |
| Q1 2025 | -2.9% | -0.7% | +0.8% | |
| Q4 2024 | +13.9% | +13.6% | +5.8% | |
| Q3 2024 | +0.0% | +1.7% | +23.6% | |
| Q2 2024 | +9.2% | +2.8% | -16.7% | |
| Q1 2024 | -6.5% | -8.8% | -9.8% | |
| Q4 2023 | +2.6% | +6.3% | -0.8% | |
| Q3 2023 | +23.2% | +24.6% | +39.8% | |
| Q2 2023 | +0.0% | -2.8% | -17.2% | |
| Q1 2023 | +20.8% | +0.8% | +36.5% | |
| Q4 2022 | -15.3% | -11.0% | -1.4% | |
| Q3 2022 | -4.2% | +1.8% | -2.6% | |
| Q2 2022 | -1.4% | -1.9% | -6.2% | |
| Q1 2022 | +5.4% | +3.1% | -0.4% | |
| Q4 2021 | -4.4% | -6.7% | -4.1% | |
| Q3 2021 | +7.4% | +15.3% | +17.8% | |
| Q2 2021 | -1.9% | -3.7% | +15.3% | |
| Q1 2021 | +1.7% | +7.4% | +16.2% | |
| Q4 2020 | +1.3% | +3.0% | +21.7% | |
| Q3 2020 | +5.3% | +8.6% | +36.9% | |
| Q2 2020 | +9.3% | +6.9% | +18.9% | |
| Q1 2020 | -2.6% | -4.5% | +1.4% | |
| Q4 2019 | +6.0% | +3.3% | +0.0% | |
| Q3 2019 | +4.8% | +11.3% | +11.4% | |
| Q2 2019 | -1.8% | +1.6% | -8.2% | |
| Q1 2019 | -2.9% | +0.4% | -7.6% | |
| Q4 2018 | -3.1% | -2.1% | +7.0% | |
| Q3 2018 | +13.3% | +13.1% | +4.6% | |
| Q2 2018 | -10.0% | -12.8% | -13.3% | |
| Q1 2018 | +3.1% | +1.3% | +5.8% | |
| Q4 2017 | +2.9% | -0.5% | +0.6% | |
| Q3 2017 | -7.6% | -10.3% | -14.0% | |
| Q2 2017 | +0.7% | +4.8% | +0.8% | |
| Q1 2017 | +3.5% | +3.9% | -4.5% | |
| Q4 2016 | +0.1% | -1.0% | +0.4% | |
| Q3 2016 | +7.3% | +6.6% | +22.5% | |
| Q2 2016 | -2.9% | -3.9% | -3.4% | |
| Q1 2016 | +2.0% | — | — | |
| Q4 2015 | +6.5% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | -18.9% | — | — | |
| Q1 2015 | +3.2% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | +4.2% | — | — | |
| Q2 2014 | +4.4% | — | — | |
| Q1 2014 | +0.5% | — | — | |
| Q2 2013 | +0.4% | — | — | |
| Q4 2013 | +0.4% | — | — | |
| Q3 2013 | +1.1% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q3 2012 | -8.5% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q1 2012 | +13.6% | — | — | |
| Q1 2011 | +13.6% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q4 2009 | +0.0% | — | — | |
| Q3 2010 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2011 | — | — | — |
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