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    Customers Bancorp Inc

    Subscribe to $CUBI
    $CUBI
    Major Banks
    Finance

    Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. It operates in two segments, Customers Bank Business Banking and BankMobile. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, non-interest-bearing demand accounts, individual retirement accounts, and other deposit accounts, as well as non-retail time deposits. It also provides commercial and industrial lending services; small business administration and paycheck protection program loans; multi-family and commercial real estate loans; commercial loans to mortgage companies; equipment financing services and specialty lending; mortgage warehouse loans; and home equity and residential mortgage and installment loans. In addition, the company offers private banking services; mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, and positive pay services; and cash management services, such as account reconciliation, collections, and sweep accounts. It operates 12 full-service branches, as well as limited production and administrative offices in Southeastern Pennsylvania, including Bucks, Berks, Chester, Philadelphia, and Delaware Counties; Rye Brook and New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Washington D.C.; and Chicago, Illinois. Customers Bancorp, Inc. was founded in 1997 and is headquartered in West Reading, Pennsylvania.

    IPO Year:

    Exchange: NYSE

    Website: customersbank.com

    Recent Analyst Ratings for Customers Bancorp Inc

    DatePrice TargetRatingAnalyst
    11/4/2024$57.00 → $52.00Outperform → Mkt Perform
    Keefe Bruyette
    9/24/2024$79.00 → $53.00Outperform → Neutral
    Wedbush
    8/9/2024$49.00Outperform → Market Perform
    Hovde Group
    5/2/2024$66.00 → $63.00Outperform
    Hovde Group
    12/6/2023$62.00Buy
    B. Riley Securities
    9/29/2023$60.00Strong Buy
    Raymond James
    10/28/2022$42.00 → $44.00Neutral → Buy
    DA Davidson
    9/28/2022$45.00Outperform
    Wedbush
    3/29/2022$62.50Equal-Weight
    Stephens
    3/29/2022$72.00 → $80.00Mkt Perform → Outperform
    Keefe Bruyette
    See more ratings

    Customers Bancorp Inc Press Releases

    Fastest customizable press release news feed in the world

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    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.61304235 per share. The dividend is payable on June 16, 2025, to shareholders of record on May 31, 2025. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.58915485 per share. The dividend is payable on June 16, 2025, to shareholders of record on May 31, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing bank

      4/28/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Reports Results for First Quarter 2025

      Customers Bancorp, Inc. (NYSE:CUBI): First Quarter 2025 Highlights Q1 2025 net income available to common shareholders was $9.5 million, or $0.29 per diluted share; ROAA was 0.23% and ROCE was 2.23%. Q1 2025 core earnings*1 were $50.0 million, or $1.54 per diluted share; Core ROAA* was 0.97% and Core ROCE* was 11.72%. Q1 2025 net income available to common shareholders included $39.9 million of post-tax losses in connection with a securities portfolio repositioning to improve structural liquidity, enhance credit profile, reduce asset sensitivity and benefit margin. Total loans and leases held for investment grew by $611.7 million, or 4.2%, in Q1 2025 from Q4 2024. Total deposits

      4/24/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Hosts First Quarter 2025 Earnings Webcast Friday, Apr. 25, 2025

      Customers Bancorp, Inc. (NYSE:CUBI), the parent company of Customers Bank (collectively, "Customers"), will host a webcast at 9:00 a.m. Eastern Daylight Time on Friday, Apr. 25, 2025, to report its earnings results for the three months ending March 31, 2025. The webcast will be conducted by Customers Bancorp Chair and CEO Jay Sidhu, Customers Bancorp President and Customers Bank President and CEO Sam Sidhu, and Customers Bancorp Chief Financial Officer Philip Watkins. Register online for the webcast. The live audio webcast, presentation slides and earnings press release will be made available at the Customers Bank investors webpage. The first quarter 2025 earnings press release will be is

      4/14/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bank Exceeds Client Expectations in Approach to Service

      Bank's first annual Net Promoter Score tops financial services industry average in customer satisfaction Customers Bank, the over $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), released its first annual Net Promoter Score, placing the Bank among the top of the financial services industry and well ahead of the industry average of 41. The Bank's high score of 73 reflects its passion and commitment to delivering exceptional customer service to its clients through a high-touch, single point of contact business model. "Exceptional client service is not just a priority for us, it's the cornerstone of our culture and the key to our success. This focus is so central to who we are,

      3/5/25 8:30:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Forbes Names Customers Bank One of America's Best Banks

      Seventh year Bank has earned recognition Customers Bank, the over $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has been named one of America's Best Banks by Forbes. This is the seventh year Customers Bank has earned this important recognition. Forbes' 16th annual America's Best Banks list looks at the 200 largest publicly traded banks and thrifts by assets. It then ranks the top 100 by measuring growth, credit quality and profitability for the 12 months ending September 30, 2024, and stock performance for the 12 months ending January 10, 2025. "Customers Bank is thrilled to be recognized as one of America's Best Banks," said Sam Sidhu, president and CEO of Customers Ban

      2/18/25 8:30:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.61678915 per share. The dividend is payable on March 17, 2025, to shareholders of record on February 28, 2025. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.59290165 per share. The dividend is payable on March 17, 2025, to shareholders of record on February 28, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-p

      1/27/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Reports Results for Fourth Quarter and Full Year 2024

      Customers Bancorp, Inc. (NYSE:CUBI): Fourth Quarter 2024 Highlights Q4 2024 net income available to common shareholders was $23.3 million, or $0.71 per diluted share; ROAA was 0.48% and ROCE was 5.50%. Q4 2024 core earnings*1 were $44.2 million, or $1.36 per diluted share; Core ROAA* was 0.86% and Core ROCE* was 10.44%. Q4 2024 net income available to common shareholders included $20.0 million of post-tax losses in connection with the securities portfolio repositioning executed to improve structural liquidity, reduce asset sensitivity and benefit margin. Total loans and leases held for investment grew by $671.1 million in Q4 2024 from Q3 2024 or 19% annualized. Total deposi

      1/23/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. hosts Fourth Quarter and Full-Year 2024 Earnings Webcast Friday, Jan. 24, 2025

      Customers Bancorp, Inc. (NYSE:CUBI), the parent company of Customers Bank (collectively, "Customers"), will host a webcast at 9:00a.m. Eastern Standard Time on Friday, Jan. 24, 2025, to report its earnings results for the three months ending Dec. 31, 2024 and full-year 2024. The webcast will be conducted by Customers Bancorp Chair and CEO Jay Sidhu, Customers Bancorp President and Customers Bank President and CEO Sam Sidhu, and Customers Bancorp Chief Financial Officer Philip Watkins. Register online for the webcast. The live audio webcast, presentation slides and earnings press release will be made available at the Customers Bank investors webpage. The fourth quarter 2024 earnings pres

      1/13/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bank Named to Inc.'s 2024 Best in Business List in Financial Services Category

      Annual list recognizes industry-leading companies that are the best at what they do Customers Bank, the over $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has been named to the Inc. 2024 Best in Business list in the Financial Services category. Inc.'s annual Best in Business Awards celebrate the exceptional achievements and contributions of companies that have made a profound impact on their industries and on society at large. The Bank's industry-leading franchise growth over the last 18 months, in both deposits and market expansion, unique operating model and commitment to principles of sound risk management ensured it stood out among its peers. "We are honored to be

      12/3/24 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.65395191 per share. The dividend is payable on December 16, 2024, to shareholders of record on November 30, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.63006441 per share. The dividend is payable on December 16, 2024, to shareholders of record on November 30, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's t

      11/4/24 8:37:00 AM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc SEC Filings

    See more
    • Customers Bancorp Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Customers Bancorp, Inc. (0001488813) (Filer)

      4/24/25 4:37:41 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form DEFA14A filed by Customers Bancorp Inc

      DEFA14A - Customers Bancorp, Inc. (0001488813) (Filer)

      4/16/25 4:40:20 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form DEF 14A filed by Customers Bancorp Inc

      DEF 14A - Customers Bancorp, Inc. (0001488813) (Filer)

      4/16/25 4:38:25 PM ET
      $CUBI
      Major Banks
      Finance
    • Amendment: SEC Form SCHEDULE 13G/A filed by Customers Bancorp Inc

      SCHEDULE 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      4/4/25 9:46:45 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Inc filed SEC Form 8-K: Leadership Update

      8-K - Customers Bancorp, Inc. (0001488813) (Filer)

      4/2/25 4:43:54 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form 10-K filed by Customers Bancorp Inc

      10-K - Customers Bancorp, Inc. (0001488813) (Filer)

      2/28/25 5:21:37 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form 144 filed by Customers Bancorp Inc

      144 - Customers Bancorp, Inc. (0001488813) (Subject)

      1/31/25 4:52:47 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Customers Bancorp, Inc. (0001488813) (Filer)

      1/23/25 4:33:52 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form 10-Q filed by Customers Bancorp Inc

      10-Q - Customers Bancorp, Inc. (0001488813) (Filer)

      11/12/24 4:51:37 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form 144 filed by Customers Bancorp Inc

      144 - Customers Bancorp, Inc. (0001488813) (Subject)

      11/7/24 5:14:05 PM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by Customers Bancorp Inc

      SC 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      11/8/24 10:41:07 AM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G filed by Customers Bancorp Inc

      SC 13G - Customers Bancorp, Inc. (0001488813) (Subject)

      10/17/24 9:30:26 AM ET
      $CUBI
      Major Banks
      Finance
    • Amendment: SEC Form SC 13G/A filed by Customers Bancorp Inc

      SC 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      7/8/24 10:07:20 AM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G filed by Customers Bancorp Inc

      SC 13G - Customers Bancorp, Inc. (0001488813) (Subject)

      5/3/24 12:51:45 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Customers Bancorp Inc (Amendment)

      SC 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      2/13/24 5:02:32 PM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Customers Bancorp Inc (Amendment)

      SC 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      2/9/24 9:59:00 AM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Customers Bancorp Inc (Amendment)

      SC 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      2/8/24 10:32:09 AM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G filed by Customers Bancorp Inc

      SC 13G - Customers Bancorp, Inc. (0001488813) (Subject)

      2/8/24 10:11:32 AM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Customers Bancorp Inc (Amendment)

      SC 13G/A - Customers Bancorp, Inc. (0001488813) (Subject)

      1/23/24 11:52:26 AM ET
      $CUBI
      Major Banks
      Finance
    • SEC Form SC 13G filed by Customers Bancorp Inc

      SC 13G - Customers Bancorp, Inc. (0001488813) (Subject)

      11/2/23 11:54:57 AM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • President Sidhu Samvir S. covered exercise/tax liability with 1,389 shares, decreasing direct ownership by 0.47% to 293,367 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/15/25 8:17:56 AM ET
      $CUBI
      Major Banks
      Finance
    • Chairman & CEO Sidhu Jay S covered exercise/tax liability with 820 shares, decreasing direct ownership by 0.08% to 989,739 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/15/25 8:17:43 AM ET
      $CUBI
      Major Banks
      Finance
    • Chairman & CEO Sidhu Jay S was granted 11,135 shares, increasing direct ownership by 1% to 990,559 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/10/25 8:16:27 AM ET
      $CUBI
      Major Banks
      Finance
    • President Sidhu Samvir S. was granted 8,548 shares, increasing direct ownership by 3% to 294,756 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/10/25 8:16:19 AM ET
      $CUBI
      Major Banks
      Finance
    • CFO Watkins Philip was granted 3,878 shares, increasing direct ownership by 7% to 57,512 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/10/25 8:16:10 AM ET
      $CUBI
      Major Banks
      Finance
    • Chairman & CEO Sidhu Jay S was granted 13,276 shares and covered exercise/tax liability with 5,610 shares, increasing direct ownership by 0.79% to 979,424 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/9/25 1:18:57 PM ET
      $CUBI
      Major Banks
      Finance
    • President Sidhu Samvir S. was granted 6,551 shares and covered exercise/tax liability with 4,386 shares, increasing direct ownership by 0.76% to 286,208 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/9/25 1:18:48 PM ET
      $CUBI
      Major Banks
      Finance
    • CFO Watkins Philip covered exercise/tax liability with 1,263 shares, decreasing direct ownership by 2% to 53,634 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/8/25 8:13:29 AM ET
      $CUBI
      Major Banks
      Finance
    • Chief Accounting Officer Velasquez Jessie John Deano covered exercise/tax liability with 274 shares, decreasing direct ownership by 4% to 5,896 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/8/25 8:13:12 AM ET
      $CUBI
      Major Banks
      Finance
    • Chief Banking Officer Cunningham Lyle covered exercise/tax liability with 1,291 shares, decreasing direct ownership by 3% to 48,652 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      4/8/25 8:13:03 AM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Customers Bancorp downgraded by Keefe Bruyette with a new price target

      Keefe Bruyette downgraded Customers Bancorp from Outperform to Mkt Perform and set a new price target of $52.00 from $57.00 previously

      11/4/24 7:25:01 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp downgraded by Wedbush with a new price target

      Wedbush downgraded Customers Bancorp from Outperform to Neutral and set a new price target of $53.00 from $79.00 previously

      9/24/24 7:41:49 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp downgraded by Hovde Group with a new price target

      Hovde Group downgraded Customers Bancorp from Outperform to Market Perform and set a new price target of $49.00

      8/9/24 7:26:16 AM ET
      $CUBI
      Major Banks
      Finance
    • Hovde Group reiterated coverage on Customers Bancorp with a new price target

      Hovde Group reiterated coverage of Customers Bancorp with a rating of Outperform and set a new price target of $63.00 from $66.00 previously

      5/2/24 7:01:05 AM ET
      $CUBI
      Major Banks
      Finance
    • B. Riley Securities resumed coverage on Customers Bancorp with a new price target

      B. Riley Securities resumed coverage of Customers Bancorp with a rating of Buy and set a new price target of $62.00

      12/6/23 8:07:43 AM ET
      $CUBI
      Major Banks
      Finance
    • Raymond James initiated coverage on Customers Bancorp with a new price target

      Raymond James initiated coverage of Customers Bancorp with a rating of Strong Buy and set a new price target of $60.00

      9/29/23 7:13:26 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp upgraded by DA Davidson with a new price target

      DA Davidson upgraded Customers Bancorp from Neutral to Buy and set a new price target of $44.00 from $42.00 previously

      10/28/22 9:10:14 AM ET
      $CUBI
      Major Banks
      Finance
    • Wedbush resumed coverage on Customers Bancorp with a new price target

      Wedbush resumed coverage of Customers Bancorp with a rating of Outperform and set a new price target of $45.00

      9/28/22 9:05:27 AM ET
      $CUBI
      Major Banks
      Finance
    • Stephens initiated coverage on Customers Bancorp with a new price target

      Stephens initiated coverage of Customers Bancorp with a rating of Equal-Weight and set a new price target of $62.50

      3/29/22 7:09:49 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp upgraded by Keefe Bruyette with a new price target

      Keefe Bruyette upgraded Customers Bancorp from Mkt Perform to Outperform and set a new price target of $80.00 from $72.00 previously

      3/29/22 7:09:07 AM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc Financials

    Live finance-specific insights

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    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.61304235 per share. The dividend is payable on June 16, 2025, to shareholders of record on May 31, 2025. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.58915485 per share. The dividend is payable on June 16, 2025, to shareholders of record on May 31, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing bank

      4/28/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Reports Results for First Quarter 2025

      Customers Bancorp, Inc. (NYSE:CUBI): First Quarter 2025 Highlights Q1 2025 net income available to common shareholders was $9.5 million, or $0.29 per diluted share; ROAA was 0.23% and ROCE was 2.23%. Q1 2025 core earnings*1 were $50.0 million, or $1.54 per diluted share; Core ROAA* was 0.97% and Core ROCE* was 11.72%. Q1 2025 net income available to common shareholders included $39.9 million of post-tax losses in connection with a securities portfolio repositioning to improve structural liquidity, enhance credit profile, reduce asset sensitivity and benefit margin. Total loans and leases held for investment grew by $611.7 million, or 4.2%, in Q1 2025 from Q4 2024. Total deposits

      4/24/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.61678915 per share. The dividend is payable on March 17, 2025, to shareholders of record on February 28, 2025. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.59290165 per share. The dividend is payable on March 17, 2025, to shareholders of record on February 28, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-p

      1/27/25 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.65395191 per share. The dividend is payable on December 16, 2024, to shareholders of record on November 30, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.63006441 per share. The dividend is payable on December 16, 2024, to shareholders of record on November 30, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's t

      11/4/24 8:37:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Reports Results for Third Quarter 2024

      Customers Bancorp, Inc. (NYSE:CUBI): Third Quarter 2024 Highlights Q3 2024 net income available to common shareholders was $42.9 million, or $1.31 per diluted share; ROAA was 0.88% and ROCE was 10.44%. Q3 2024 core earnings*1 were $43.8 million, or $1.34 per diluted share; Core ROAA* was 0.89% and Core ROCE* was 10.66%. CET 1 ratio of 12.5%2 at September 30, 2024, compared to 12.8% at June 30, 2024, above the 11.5% target. TCE / TA ratio* of 7.7% at September 30, 2024, compared to 7.7% at June 30, 2024, above the 7.5% target. Total loans and leases held for investment grew by $520.8 million in Q3 2024 from Q2 2024 or 16% annualized. Q3 2024 deposit inflows from commercial custo

      10/31/24 4:31:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.67876078 per share. The dividend is payable on September 16, 2024, to shareholders of record on August 31, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.65487329 per share. The dividend is payable on September 16, 2024, to shareholders of record on August 31, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's

      7/29/24 8:30:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Reports Results for Second Quarter 2024

      Customers Bancorp, Inc. (NYSE:CUBI): Second Quarter 2024 Highlights Q2 2024 net income available to common shareholders was $54.3 million, or $1.66 per diluted share; ROAA was 1.11% and ROCE was 13.85%. Q2 2024 core earnings*1 were $48.6 million, or $1.49 per diluted share; Core ROAA* was 1.00% and Core ROCE* was 12.39%. CET 1 ratio of 12.8%2 at June 30, 2024, compared to 12.6% at March 31, 2024, above the approximately 11.5% target. TCE / TA ratio* of 7.7% at June 30, 2024, compared to 7.3% at March 31, 2024, above the approximately 7.5% target. Total loans and leases grew by $375.8 million in Q2 2024 from Q1 2024 or 11% annualized. Q2 2024 net interest margin, tax equi

      7/25/24 5:16:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Announces Dividend Correction on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced a corrected dividend amount on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) and Series F (NYSE:CUBIPRF), previously announced on April 29, 2024. As corrected, the cash dividend on its Series E (NYSE:CUBIPRE) will be $0.700488 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024, and the cash dividend on its Series F (NYSE:CUBIPRF) will be $0.675813 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing banking companies with nearly $22 billion in

      5/24/24 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

      Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE:CUBIPRE) of $0.685584 per share. The dividend is payable on June 17, 2024, to shareholders of record on May 31, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.661434 per share. The dividend is payable on June 17, 2024, to shareholders of record on May 31, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing bankin

      4/29/24 8:30:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Reports Results for First Quarter

      Customers Bancorp, Inc. (NYSE:CUBI): First Quarter 2024 Highlights Q1 2024 net income available to common shareholders was $45.9 million, or $1.40 per diluted share; ROAA was 0.94% and ROCE was 12.08%. Q1 2024 core earnings* were $46.5 million, or $1.42 per diluted share; Core ROAA* was 0.95% and Core ROCE* was 12.24%. Q1 2024 adjusted core earnings* excluding certain one-time items were $55.1 million, or $1.68 per diluted share; Adjusted Core ROAA* excluding certain one-time items was 1.11% and Adjusted Core ROCE* excluding certain one-time items was 14.50%. CET 1 ratio of 12.5%1 at March 31, 2024, compared to 12.2% at December 31, 2023, above the approximately 11.5% target.

      4/25/24 5:20:00 PM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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    • President, CEO Sidhu Samvir S. bought $113,833 worth of shares (2,500 units at $45.53), increasing direct ownership by 2% to 144,504 units (SEC Form 4)

      4 - Customers Bancorp, Inc. (0001488813) (Issuer)

      8/14/24 9:51:37 AM ET
      $CUBI
      Major Banks
      Finance

    Customers Bancorp Inc Leadership Updates

    Live Leadership Updates

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    • Customers Bank Appoints Allen Love as Chief Compliance & AML Officer

      Financial industry veteran and former IRS Special Agent will strengthen BSA/AML processes, further Bank's commitment to risk management Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has appointed Allen Love as Chief Compliance and AML Officer. In this role, Love will be responsible for leading the Bank's enterprise-wide compliance program, ensuring it continues to evolve as regulatory expectations increase. Love will immediately begin work on strengthening Bank Secrecy Act and Anti-Money Laundering (BSA/AML) protocols for the company's digital asset business in support of the Bank's recent agreement with the Federal Reserve Bank of Philadelphia and t

      8/9/24 2:14:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Announces Voting Results of Annual Shareholder Meeting

      Shareholders reelect three directors, support executive "Say on Pay" proposal, ratify appointment of accounting firm, approve amendment to stock incentive plan Customers Bancorp (NYSE:CUBI) (the "Company"), parent company of Customers Bank (the "Bank"), held its annual shareholder meeting today and shareholders approved all proposals put to a vote. Robert J. Buford, Rajeev V. Date and Jay S. Sidhu were reelected as directors. Buford will continue to serve as member of the Board's Audit and Risk Committees; Date will continue as chair of the Board's Regulatory Affairs Committee and member of its Risk Committee and the Bank's Compliance Committee; Sidhu will continue as Chairman and membe

      5/29/24 4:30:00 PM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Shareholders Approve All Proposals in Online Annual Meeting

      Shareholders of Customers Bancorp, Inc. (NYSE:CUBI) – parent of Customers Bank, a digital-forward super-community bank and one of the 100 largest banks in the U.S., met in a virtual annual meeting on Tuesday, May 30, electing three directors, ratifying the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm, supporting a non-binding "say on pay" proposal to approve the compensation of top executives, and amending the company's stock incentive plan. "Over the years, we have built Customers Bancorp, Inc. into a high performing, forward-thinking bank with strong risk management," commented Chair & CEO Jay Sidhu. Three Directors comprising the

      6/1/23 8:00:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Tassat ® Group Appoints Zain Saidin as Chief Operating Officer

      Saidin brings over three decades of technology operations experience to Tassat Tassat Group Inc., the leading provider of real-time digital payments solutions for commercial banks and their corporate clients, today announced the appointment of Zain Saidin as Chief Operating Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230214005566/en/Zain Saidin, Chief Operating Officer at Tassat Group, Inc. (Photo: Business Wire) Saidin is a technology operations veteran, bringing over 30 years of technology integration, and strategic business development to Tassat. Prior to joining Tassat, Saidin served as the Chief Engineer and an

      2/14/23 9:00:00 AM ET
      $AX
      $BY
      $CUBI
      $KLAC
      Savings Institutions
      Finance
      Major Banks
      Electronic Components
    • Customers Bancorp Shareholders Approve All Proposals in Online Annual Meeting

      Shareholders of Customers Bancorp, Inc. (NYSE:CUBI) – parent of Customers Bank, a digital-forward super-community bank with a growing number of operations across the nation, met in a virtual annual meeting Tuesday, May 31 electing three directors, ratifying the appointment of Deloitte & Touche LLP as the Bank's independent registered public accounting firm, supporting a non-binding "say on pay" proposal to approve the compensation of top executives, and amending the company's stock Incentive plan. "At Customers Bank, we believe that three strengths make us unique: our commitment to human connections, our dedication to innovation and the latest technology, and our responsibility to always g

      5/31/22 10:44:00 AM ET
      $CUBI
      Major Banks
      Finance
    • Customers Bancorp Shareholders Overwhelmingly Approve Proposals in Online Annual Meeting

      Shareholders of Customers Bancorp, Inc. (NYSE:CUBI) – parent of Customers Bank, a leading super-community bank with a growing number of operations across the nation, met in a virtual annual meeting Wednesday, May 26 electing two directors, ratifying the appointment of Deloitte & Touche LLP as the Bank's independent registered public accounting firm, and supporting a non-binding "say on pay" proposal to approve the compensation of top executives. Bank leaders, directors and shareholders took a moment of silence to remember all who were lost in the past year's global pandemic and to give thanks for the millions of frontline workers who courageously carried on to give care, deliver food and c

      5/26/21 9:44:00 AM ET
      $CUBI
      Major Banks
      Finance