Benzinga | Jan 24, 2022 05:36PM EST

Recap: Customers Bancorp Q4 Earnings

Customers Bancorp (NYSE:CUBI) reported its Q4 earnings results on Monday, January 24, 2022 at 04:15 PM.

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

Earnings

Customers Bancorp beat estimated earnings by 2.46%, reporting an EPS of $2.92 versus an estimate of $2.85, which did not surprise analysts.

Revenue was up $70.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.38, which was followed by a 11.9% increase in the share price the next day.

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



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.98 2.05 1.54 1.59EPS Actual 3.36 1.76 2.14 1.65Revenue Estimate 154.57M 150.51M 129.77M 115.90MRevenue Actual 219.89M 138.76M 132.73M 122.95M

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