Customers Bancorp (CUBI) Q1 Earnings and Revenues Surpass Estimates

Customers Bancorp (CUBI) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of$ 1.28 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20.31%. A quarter ago, it was expected that this bank holding company would post earnings of$ 1.24 per share when it actually produced earnings of $1.36, delivering a surprise of 9.68%. While Customers Bancorp h ...