Value20202021202220232024TTMSelling/general/admin expenses106.93 M136.5 M139.61 M125.09 M129.61 M130.34 MResearch & development——————Operating income290.42 M619.18 M506.57 M560.34 M549.46 M618.38 MNon-Operating Income, Total28.57 M45.33 M39.57 M12.41 M36.55 M39.52 MInterest expense, net of interest capitalized139.62 M95.81 M261.65 M679.91 M673.43 M620.41 MNon-Operating Income, excl. Interest Expenses-111.05 M-50.48 M-222.08 M-667.5 M-636.88 M-580.89 MUnusual income/expense——————Pretax income175.96 M441.21 M291.3 M330.74 M224.37 M226.99 MEquity in earnings——————Taxes43.38 M86.94 M63.26 M80.6 M42.9 M51.08 MNon-controlling/minority interest——————After tax other income/expense——————Net income before discontinued operations132.58 M313.56 M228.03 M250.14 M181.47 M176.51 MDiscontinued operations—1.09 M00——Net income132.58 M314.65 M228.03 M250.14 M181.47 M176.51 MDilution adjustment0-20 K000-3.8 MPreferred dividends14.04 M14.49 M9.63 M14.7 M15.04 M10.35 MDiluted net income available to common stockholders118.54 M300.13 M218.4 M235.45 M166.43 M162.36 MBasic earnings per share (Basic EPS)3.769.296.697.495.285.09Diluted earnings per share (Diluted EPS)3.748.916.517.325.094.94Average basic shares outstanding31.51 M32.31 M32.63 M31.44 M31.51 M126.88 MDiluted shares outstanding31.73 M33.7 M33.55 M32.16 M32.72 M131.04 MEBITDA285.03 M616.34 M————EBIT285.47 M618.22 M————Cost of revenue68.06 M27.43 M————Other cost of goods sold——————Depreciation & amortization (cash flow)-443 K-1.88 M-1.48 M-11.58 M-4.48 M-4.16 M
Customers Bancorp Inc 5.375% Subordinated Notes Due 2034
Customers Bancorp, Inc. is a publicly traded bank holding company and parent of Customers Bank. The company has more than $20 billion in assets with over 600 employees located across Illinois, Massachusetts, New Jersey, New York, Pennsylvania and Washington, D.C., ranking in the top 100 banks in the United States. Jay Sidhu is its chairman and chief executive officer and the company is headquartered in West Reading, Pennsylvania. His son, Sam Sidhu, is the chief executive officer of Customers Bank.