Customers Bancorp (CUBI) Beats Q1 Earnings and Revenue Estimates

Customers Bancorp (CUBI) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.70%. A quarter ago, it was expected that this bank holding company would post earnings of $1.76 per share when it actually produced earnings of $1.90, delivering a surprise of 7.95%.Over the last four quarters, ...