Customers Bank

What we believe in: Customers Bank is committed to providing our customers with the best possible banking experience as one of the safest, securest, and most customer focused community banks in the region. Our success in large part is due to our philosophy that touches every area of our organization: putting the needs of our customers first. Our way of banking: Our customers experience an entirely new way of banking, which features an unrivaled level of convenience by combining “high tech” and “high touch” customized service. Each banker consistently does five things for his customers: protects their money, makes them more money, saves them time, saves them money, and lends them money. We take the bank to you: Additionally, our customers experience the convenience of concierge banking – face-to-face banking – by appointment, at a convenient location or our office, 12 hours a day, seven days a week. No nuisance fees and superior technology: In late spring, our customers will have access to the latest online and mobile banking tools including text messaging, automatic refunds of foreign ATM surcharges* and state-of- the-art cash management tools – powered by Intuit® (makers of Quicken®, QuickBooks®, and TurboTax®). This fall, our customers will be able to deposit checks remotely from their smart phones, home offices, or at one of our check-scanning ATMs.

Wyomissing, US
Size (employees)
225 (est)
Customers Bank was founded in 1997 and is headquartered in Wyomissing, US

Customers Bank Office Locations

Customers Bank has an office in Wyomissing
Wyomissing, US (HQ)
103 1015 Penn Ave

Customers Bank Metrics

Customers Bank Financial Metrics

Revenue (2016)

$322.5 m

Revenue growth (2015-16), %


Gross profit

$249.5 m

Gross profit margin (2016), %


Net income (2016)

$78.7 m

Market capitalization (21-Mar-2017)

$955.5 m

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$244.7 m
Customers Bank's current market capitalization is $955.5 m.
Customers Bank's revenue was reported to be $322.5 m in FY, 2016 which is a 29.1% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$127.5 m$190.4 m$249.9 m$322.5 m

Revenue growth, %


Cost of goods sold

$53.6 m$73 m

Gross profit

$196.3 m$249.5 m

Gross profit Margin, %


Operating expense total

$114.9 m$131.2 m


$175.7 m$247.2 m

EBIT margin, %


Pre tax profit

$88.5 m

Income tax expense

$29.9 m$51.4 m

Net Income

$32.7 m$43.2 m$58.6 m$78.7 m
FY, 2013FY, 2014FY, 2015FY, 2016


$233.1 m$371 m$264.6 m$244.7 m

Accounts Receivable

$8.4 m$15.2 m$19.9 m$23.7 m


Total Assets

$4.2 b$6.8 b$8.4 b$9.4 b

Accounts Payable

Additional Paid-in Capital

$307.2 m$355.8 m$362.6 m$427 m

Retained Earnings

$71 m$68.4 m$124.5 m$193.7 m

Total Equity

$386.6 m$553.9 m$855.9 m

Financial Leverage

10.7 x15.2 x11 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$32.7 m$43.2 m$58.6 m$78.7 m

Accounts Receivable


Accounts Payable

Cash From Operating Activities

$722 m($542.5 m)($356.6 m)($27.4 m)

Cash From Investing Activities

($1.6 b)($1.9 b)($1.3 b)($29 m)

Dividends Paid

($2.3 m)($9.1 m)

Cash From Financing Activities

$913 m$2.6 b$1.5 b$209.7 m

Interest Paid

$24.2 m$37.6 m$51.3 m$71.2 m

Income Taxes Paid

$9.8 m$29.8 m$38.7 m$57.3 m

Customers Bank Market Value History

Customers Bank Online Presence

Customers Bank News

Customers Bank Company Life

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