SAN FRANCISCO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Customers Bancorp, Inc. (NYSE: CUBI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys. Visit: www.hbsslaw.com/investor-fraud/CUBI Contact the Firm Now: CUBI@hbsslaw.com 844-916-0895 Investigation Into Customers Bancorp, Inc. (CUBI): The investigation focuses on the propriety of Customers Bancorp's recent assurances ...

LOS ANGELES, Aug. 9, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE: CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Customers Bancorp revealed via an SEC filing on April 12, 2024, th ...

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 ...

Company Performance - Customers Bancorp (CUBI) reported quarterly earnings of $1.49 per share, exceeding the Zacks Consensus Estimate of $1.45 per share, but down from $1.65 per share a year ago [1] - The company posted revenues of $198.69 million for the quarter, surpassing the Zacks Consensus Estimate by 7.22%, compared to $181.27 million in the same quarter last year [9] - Over the last four quarters, Customers Bancorp has consistently surpassed consensus EPS estimates [2] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $1.58, with expected revenues of $195.35 million, and for the current fiscal year, the estimate is $6.41 on revenues of $763.44 million [12] - The estimate revisions trend for Customers Bancorp is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [5] Industry Context - Customers Bancorp operates within the Zacks Banks - Southeast industry, which is currently ranked in the top 41% of over 250 Zacks industries [6] - The industry ranking suggests that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [6] - Despite underperforming the market with a 6.3% gain since the beginning of the year compared to the S&P 500's 13.8% gain, the company remains a focus for investors regarding future performance [10][11]

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 ...