Customers Bancorp

Yahoo Finance • 4 months ago

Customers Bancorp Second Quarter 2024 Earnings: Beats Expectations

Customers Bancorp (NYSE:CUBI) Second Quarter 2024 Results Key Financial Results Revenue: US$180.6m (up 14% from 2Q 2023). Net income: US$54.3m (up 23% from 2Q 2023). Profit margin: 30% (up from 28% in 2Q 2023). The increase in margin was... Full story

Yahoo Finance • 10 months ago

Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

WEST READING, Pa., January 29, 2024--(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,... Full story

Yahoo Finance • 10 months ago

Customers Bancorp Reports Results for Fourth Quarter and Full Year 2023

WEST READING, Pa., January 25, 2024--(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% a... Full story

Yahoo Finance • last year

Customers Bancorp, Inc.'s (NYSE:CUBI) large institutional owners must be happy as stock continues to impress, up 12% over the past week

Key Insights Significantly high institutional ownership implies Customers Bancorp's stock price is sensitive to their trading actions 51% of the business is held by the top 10 shareholders Insiders have been selling lately A look at the... Full story

Yahoo Finance • last year

Customers Bank Onboards Former Signature Venture Banking Team

MALVERN, Pa., July 10, 2023--(BUSINESS WIRE)--Customers Bank, the $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), announced today it has completed the onboarding of a nearly 30-member venture banking team formerly employed b... Full story

Yahoo Finance • 2 years ago

Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups

As crypto companies have scrambled to establish new bank relationships, industry executives say they have received a positive reception from some regional banks. Continue reading... Full story

Yahoo Finance • 2 years ago

Customers Bancorp, Inc. (NYSE:CUBI) Q4 2022 Earnings Call Transcript

Customers Bancorp, Inc. (NYSE:CUBI) Q4 2022 Earnings Call Transcript January 26, 2023 Operator: Good morning. My name is Rob, and I will be conference operator today. At this time, I would like to welcome everyone to the Customers Bancorp... Full story

Yahoo Finance • 3 years ago

Why Upstart, LendingClub, and Customers Bancorp Are Rising Today

Shares of several banks and consumer-facing fintech companies got off to a good start today, largely due to positive earnings reports, but struggled to sustain momentum in the face of difficult economic conditions. Shares of the artificial... Full story

Yahoo Finance • 3 years ago

Customers Bancorp, Inc. Releases 2021 ESG Report

WEST READING, Pa., April 20, 2022--(BUSINESS WIRE)--(April 20, 2022) - Customers Bancorp, Inc. (NYSE: CUBI), has released its Environmental, Social and Governance (ESG) Report for calendar year 2021. The report can be reviewed and download... Full story

Yahoo Finance • 3 years ago

Philadelphia-area bank, credit union ranked among S&P Global's top performers of 2021

Customers Bancorp and Police & Fire Federal Credit Union are among the highest-rated financial institutions in S&P Global Market Intelligence’s latest rankings of top-performing banks and credit unions. West Reading-based Customers (NYSE:... Full story