Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . 001-35542 (Commission File number) (Exact name of registrant as specified in its charter) Customers Bancorp, Inc. Pennsylvania 27-2290659 (State or ot ...

Charleston, South Carolina, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Poulin Willey Anastopoulo LLC is investigating claims on behalf of Customers Bancorp (NYSE:CUBI) against certain of its officers and directors. If you are a current holder of Customers Bancorp you may have standing to recover on behalf of Customers Bancorp (and its current shareholders) by making the officers and directors who caused the harm personally liable. You also may be able to assist in improving Customers Bancorp's corporate governance i ...

Customers Bancorp, Inc. (NYSE:CUBI) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants David Patti - Director of Communications Jay Sidhu - Chairman, Customers Bancorp Sam Sidhu - President & Chief Executive Officer, Customers Bank Phil Watkins - Chief Financial Officer, Customers Bank Conference Call Participants Peter Winter - D.A. Davidson Stephen Moss - Raymond James David Bishop - Hovde Group Matthew Breese - Stephens Inc. Kelly Motta - KBW Harold Goetsch - B. Riley Securiti ...

For the quarter ended June 2024, Customers Bancorp (CUBI) reported revenue of $198.69 million, up 9.6% over the same period last year. EPS came in at $1.49, compared to $1.65 in the year-ago quarter. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how Customers Bancorp p ...

Customers Bancorp (CUBI) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary ...

Customers Bancorp, Inc. (NYSE:CUBI) 701 Reading Avenue West Reading, PA 19611 Second Quarter 2024 Highlights CEO Commentary * Non-GAAP measure. Customers' reasons for the use of the non-GAAP measure and a detailed reconciliation between the non-GAAP measure and the comparable GAAP amount are included at the end of this document. Total deposits excluding wholesale CDs and BMTX student-related deposits. Uninsured deposits (estimate) of $5.8 billion to be reported on the Bank's call report, less deposits of $1 ...

Customers Bancorp (CUBI) shares soared 6.6% in the last trading session to close at $55.95. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.3% gain over the past four weeks. Shares of Customers Bancorp rallied for the fourth straight trading session. With the Federal Reserve keeping an eye on unemployment reports and cooling inflation numbers, market participants are projecting interest rate cuts as early as during the Septemb ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Customers Bancorp (CUBI) , which belongs to the Zacks Banks - Southeast industry, could be a great candidate to consider. This bank holding company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 5.83%. Thanks in part to thi ...

Long-term debt (1) Amounts reported in the above table include a fixed rate long-term advance from FHLB of $250.0 million with a maturity of June 2024 and a returnable option that can be repaid without penalty on certain predetermined dates at Customers Bank's option, and fixed rate long-term advances of $950.0 million with maturities ranging from March 2025 to March 2028, at March 31, 2024. (2) Includes $(4.9) million and $3.2 million of unamortized basis adjustments from interest rate swaps designated as ...

Call Start: 09:00 January 1, 0000 9:52 AM ET Customers Bancorp, Inc. (NYSE:CUBI) Q1 2024 Earnings Conference Call April 26, 2024 09:00 ET Company Participants David Patti - Director of Communications Jay Sidhu - Chairman & Chief Executive Officer of Customers Bancorp, Executive Chairman of Customers Bank Sam Sidhu - President & Chief Executive Officer, Customers Bank Phil Watkins - Chief Financial Officer, Customers Bank Conference Call Participants Casey Haire - Jefferies Stephen Moss - Raymond James Kelly ...