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Side-by-side financial comparison of Customers Bancorp, Inc. (CUBI) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $236.9M, roughly 1.7× Customers Bancorp, Inc.). On growth, Customers Bancorp, Inc. posted the faster year-over-year revenue change (21.8% vs 16.7%). Customers Bancorp, Inc. produced more free cash flow last quarter ($481.0M vs $86.0M). Over the past eight quarters, Customers Bancorp, Inc.'s revenue compounded faster (14.2% CAGR vs -29.4%).

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

CUBI vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.7× larger
IEX
$398.4M
$236.9M
CUBI
Growing faster (revenue YoY)
CUBI
CUBI
+5.2% gap
CUBI
21.8%
16.7%
IEX
More free cash flow
CUBI
CUBI
$395.0M more FCF
CUBI
$481.0M
$86.0M
IEX
Faster 2-yr revenue CAGR
CUBI
CUBI
Annualised
CUBI
14.2%
-29.4%
IEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CUBI
CUBI
IEX
IEX
Revenue
$236.9M
$398.4M
Net Profit
$120.0M
Gross Margin
99.9%
Operating Margin
41.1%
43.3%
Net Margin
30.1%
Revenue YoY
21.8%
16.7%
Net Profit YoY
25.7%
EPS (diluted)
$2.04
$1.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CUBI
CUBI
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$236.9M
$899.1M
Q3 25
$232.1M
$878.7M
Q2 25
$206.3M
$865.4M
Q1 25
$143.0M
$814.3M
Q4 24
$167.8M
$862.9M
Q3 24
$167.1M
$798.2M
Net Profit
CUBI
CUBI
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
Q3 25
$75.7M
$127.8M
Q2 25
$60.9M
$131.6M
Q1 25
$12.9M
$95.5M
Q4 24
$123.2M
Q3 24
$46.7M
$119.1M
Gross Margin
CUBI
CUBI
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
CUBI
CUBI
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
41.1%
20.4%
Q3 25
43.2%
21.1%
Q2 25
38.2%
21.7%
Q1 25
8.3%
17.4%
Q4 24
21.4%
19.2%
Q3 24
27.5%
21.0%
Net Margin
CUBI
CUBI
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
Q3 25
32.6%
14.5%
Q2 25
29.5%
15.2%
Q1 25
9.0%
11.7%
Q4 24
14.3%
Q3 24
28.0%
14.9%
EPS (diluted)
CUBI
CUBI
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$2.04
$1.71
Q3 25
$2.20
$1.70
Q2 25
$1.73
$1.74
Q1 25
$0.29
$1.26
Q4 24
$0.72
$1.61
Q3 24
$1.31
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CUBI
CUBI
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$4.4B
$586.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1B
$4.0B
Total Assets
$24.9B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUBI
CUBI
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$4.4B
$580.0M
Q3 25
$4.2B
$593.8M
Q2 25
$3.5B
$568.2M
Q1 25
$3.4B
$594.1M
Q4 24
$3.8B
$620.8M
Q3 24
$3.1B
$633.2M
Total Debt
CUBI
CUBI
IEX
IEX
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Stockholders' Equity
CUBI
CUBI
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$2.1B
$4.0B
Q3 25
$2.1B
$4.0B
Q2 25
$1.9B
$4.0B
Q1 25
$1.9B
$3.9B
Q4 24
$1.8B
$3.8B
Q3 24
$1.8B
$3.8B
Total Assets
CUBI
CUBI
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$24.9B
$6.9B
Q3 25
$24.3B
$7.0B
Q2 25
$22.6B
$6.9B
Q1 25
$22.4B
$6.8B
Q4 24
$22.3B
$6.7B
Q3 24
$21.5B
$7.0B
Debt / Equity
CUBI
CUBI
IEX
IEX
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CUBI
CUBI
IEX
IEX
Operating Cash FlowLast quarter
$494.8M
Free Cash FlowOCF − Capex
$481.0M
$86.0M
FCF MarginFCF / Revenue
203.0%
21.6%
Capex IntensityCapex / Revenue
5.8%
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$843.0M
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUBI
CUBI
IEX
IEX
Q2 26
Q1 26
Q4 25
$494.8M
$209.5M
Q3 25
$116.9M
$203.5M
Q2 25
$162.2M
$161.7M
Q1 25
$94.1M
$105.7M
Q4 24
$145.1M
$172.6M
Q3 24
$24.4M
$205.3M
Free Cash Flow
CUBI
CUBI
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$481.0M
$189.8M
Q3 25
$106.4M
$188.7M
Q2 25
$162.1M
$146.9M
Q1 25
$93.4M
$91.4M
Q4 24
$143.6M
$157.1M
Q3 24
$24.1M
$191.6M
FCF Margin
CUBI
CUBI
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
203.0%
21.1%
Q3 25
45.9%
21.5%
Q2 25
78.6%
17.0%
Q1 25
65.4%
11.2%
Q4 24
85.5%
18.2%
Q3 24
14.4%
24.0%
Capex Intensity
CUBI
CUBI
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
5.8%
2.2%
Q3 25
4.5%
1.7%
Q2 25
0.0%
1.7%
Q1 25
0.5%
1.8%
Q4 24
0.9%
1.8%
Q3 24
0.2%
1.7%
Cash Conversion
CUBI
CUBI
IEX
IEX
Q2 26
Q1 26
Q4 25
1.63×
Q3 25
1.54×
1.59×
Q2 25
2.66×
1.23×
Q1 25
7.29×
1.11×
Q4 24
1.40×
Q3 24
0.52×
1.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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