Financial Statements

Customers Bancorp, Inc. (CUBI)

$41.17

+0.82 (+2.03%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2020 2019 2018 2017
Retained Earnings (Previous Year) -382317258-
Net Income 315133797279
Stock Dividends 402-61-1194
Dividend Paid -11-14-14-14-14
Retained Earnings 706439382317258

PPE Schedule

Year 2022 2020 2019 2018 2017
Gross PPE -91112-
Annual Depreciation 4231493836
Capital Expenditure -33-29-50-39-24
Net PPE 91291112

Intangible and Goodwill Schedule

Year 2022 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -797-763--1,202-3,626
Intangible and Goodwill -----

Customers Bancorp, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Customers Bancorp, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.