Customers Bancorp (CUBI) Lags Q3 Earnings and Revenue Estimates

Customers Bancorp (CUBI) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $2.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.10%. A quarter ago, it was expected that this bank holding company would post earnings of $1.45 per share when it actually produced earnings of $1.49, delivering a surprise of 2.76%.Over the last four quarter ...