WEST READING, Pa.--(BUSINESS WIRE)--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 $0.68163044 per share. The dividend is payable on March 15, 2024, to shareholders of record on February 29, 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 ...

Customers Bancorp, Inc. (NYSE:CUBI) Q4 2023 Results Conference Call January 26, 2024 9:00 AM ET Company Participants David Patti - Director of Communications Jay Sidhu - Chairman and CEO of Customers Bancorp, Executive Chairman of Customers Bank Sam Sidhu - President and CEO, Customers Bank Carla Leibold - CFO, Customers Bancorp Phil Watkins - CFO, Customers Bank Conference Call Participants Hal Goetsch - B. Riley Securities Casey Haire - Jefferies Peter Winter - D.A. Davidson Michael Perito - KBW Steve Mos ...

For the quarter ended December 2023, Customers Bancorp (CUBI) reported revenue of $191.18 million, up 34.2% over the same period last year. EPS came in at $1.90, compared to $1.19 in the year-ago quarter.The reported revenue represents a surprise of +1.76% over the Zacks Consensus Estimate of $187.87 million. With the consensus EPS estimate being $1.76, the EPS surprise was +7.95%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE:CUBI): Fourth Quarter 2023 Highlights Q4 2023 net income available to common shareholders was $58.2 million, or $1.79 per diluted share; ROAA was 1.16% and ROCE was 15.93%. Q4 2023 core earnings* were $61.6 million, or $1.90 per diluted share; Core ROAA* was 1.22% and Core ROCE* was 16.87%. CET 1 capital ratio of 12.2%1 at December 31, 2023, compared to 11.3% at September 30, 2023, surpassing 11.0% - 11.5% target. TCE / TA ratio* o ...

Wall Street analysts expect Customers Bancorp (CUBI) to post quarterly earnings of $1.76 per share in its upcoming report, which indicates a year-over-year increase of 47.9%. Revenues are expected to be $187.87 million, up 31.9% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 3.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company ...

☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 Pennsylvania 27-2290659 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) Securities registered pursuant to Section 12(g) of the Act: None On November 3, 2023, 31,413,946 shares of Voting Common Stock were outstanding. 2 Table of Contents | --- | --- | --- | --- | |----------------------------------------------------------- ...

Commercial Lending Table of Contents On June 30, 2023, Customers sold $670 million of short-term syndicated capital call lines of credit within Specialty Lending consisting of $280.7 million of loans held for investment and $389.3 million of unfunded loan commitments. The Bank exited completely from these non-strategic, short-term syndicated capital call lines of credit, which did not provide any deposit relationships. 71 Purchases and sales of loans were as follows for the three and six months ended June 3 ...

Customers Bancorp, Inc. (NYSE:CUBI) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants David Patti – Director of Communications Jay Sidhu – Executive Chairman Sam Sidhu – President and Chief Executive Officer Carla Leibold – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Perito – KBW Casey Haire – Jefferies Frank Schiraldi – Piper Sandler Peter Winter – D.A. Davidson Matthew Breese – Stephens Bill Dezellem – Tieton Capital Markets Operat ...

Consumer Installment HFI Community Banking Corporate & Specialized Banking 3.0 STRENGH OF THE FRANCHISE • Increase QoQ primarily related to higher FDIC expense • Increase QoQ also driven by higher incentive accruals including in connection with onboarding of Venture Banking team 1.57% 1.65% 2.85% CUBI Median 2.10% 1. Non-GAAP measure, refer to appendix for reconciliation 2. Selected 2023 proxy peers as disclosed in appendix Let's take on tomorrow. 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 0.0 1.0 2.0 3.0 4.0 5.0 6.0 ...

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 March 31, 2023 ☐ 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. 701 Reading Avenue West Reading, PA ...