Customers Bancorp

Customers Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking services through its subsidiary, Customers Bank. It operates through the Customers Bank Business Banking and BankMobile segments. The Customers Bank Business Banking segment includes commercial customers in Southeastern Pennsylvania, New York, New Jersey, Massachusetts, Rhode Island, New Hampshire, Washington, D.C., and Illinois through a single-point-of-contact business model and provides liquidity to residential mortgage originators nationwide through commercial loans to mortgage companies. The BankMobile segment focuses on high-tech digital banking and disbursement services to consumers, students and the under banked nationwide, along with Banking as a Service offerings with existing and potential white label partners. The company was founded in 1997 and is headquartered in West Reading, PA.

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Customers Bancorp surpasses earnings targets, eyes growth moderation in 2023

Customers Bancorp delivered strong financial performance in Q4 2022 and full-year 2022.
Strategic priorities for 2023 include growth moderation, margin improvement, and stock buybacks.
Challenges with PPP loans impacted Q4 2022 results but are being managed.
Opportunities lie in optimizing margins, enhancing client service, and capitalizing on low-risk lending.

Customers Bancorp excels in Q1 2023, focuses on growth and stability

Customers Bancorp delivered a strong performance in Q1 2023, surpassing street estimates and demonstrating robust financial metrics. The bank's focus on deposit franchise improvement and balance sheet strengthening was evident.
While challenges exist in managing expenses and navigating uncertainties in the commercial real estate sector, the bank's proactive approach to building capital reserves and attracting talent presents opportunities for growth.
Overall, Customers Bancorp's prudent risk management strategies, focus on credit quality, and efforts to enhance its capital base position it well for future success and resilience in a dynamic economic environment.

Customers Bancorp exceeds Q2 expectations, eyes niche vertical growth

Customers Bancorp's Q2 performance showcased strength in core operations and strategic transactions, driving improved financial metrics. While facing challenges like increased expenses and deposit mix shifts, the bank remains focused on maintaining a strong balance sheet. Opportunities lie in niche vertical growth and leveraging the benefits of recent acquisitions for future expansion.

Customers Bancorp (CUBI) surpasses Q3 estimates, eyes growth opportunities

Customers Bancorp (CUBI) reported strong Q3 results, exceeding expectations and showcasing a focus on maintaining strong capital ratios, managing risks, and driving profitability. The company is optimistic about surpassing 2023 EPS targets, maintaining a strong capital position, and providing a positive outlook for 2024.

Customers Bancorp excels in Q4 2023, eyes growth opportunities

Customers Bancorp's Q4 2023 earnings call highlighted strong financial metrics, achievements in meeting past promises, and strategic focus areas for 2024. Challenges include substandard loans and declining specialty lending balances, while opportunities lie in growth avenues from market share gains and strategic reinvestment.

Customers Bancorp reports robust Q1 performance and eyes growth opportunities

Customers Bancorp's Q1 2024 performance reflects strong deposit growth, disciplined loan strategies, and robust asset quality. The company's focus on key metrics and growth areas showcases a commitment to financial stability and expansion. Challenges lie in optimizing efficiencies and managing concentrations, while opportunities exist in NIM expansion and deposit strategy enhancements.
Executives' excitement about future opportunities, coupled with the addition of new banking teams, signals a positive outlook for Customers Bancorp. The company's strategic priorities align with industry trends, emphasizing growth, efficiency, and maintaining strong capital levels.

Customers Bancorp (CUBI) exceeds earnings estimates and targets, eyes growth

Customers Bancorp (CUBI) showcased a strong financial performance in Q2 2024, with notable achievements in loan growth, margin expansion, and tangible book value growth. While facing challenges related to increased expenses, the company has opportunities to optimize its deposit mix and enhance expense management. Overall, the company's focus on maintaining liquidity, credit quality, and growth bodes well for its future outlook.

Customers Bancorp reports robust Q3 performance and outlines growth strategy

Customers Bancorp's Q3 2024 earnings call highlighted strong performance metrics, strategic initiatives, and a positive outlook. Despite challenges in expenses and net interest margin, the bank's focus on growth and client service positions it well for the future.

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Customers Bancorp, Inc. engages in the provision of banking services through its subsidiary, Customers Bank. The firm also provides banking products such as loans and deposits to businesses and consumers through its branches, limited production, and administrative offices. The company was founded in 1997 and is headquartered in Malvern, PA.

NEW YORK, NY / ACCESSWIRE / November 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

Customers Bancorp, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights – CUBI

NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

Shareholders that lost money on Customers Bancorp, Inc.(CUBI) should contact Levi & Korsinsky about Securities Fraud Investigation - CUBI

Investors Who Lost Money on Customers Bancorp, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - CUBI

LOS ANGELES, CA / ACCESSWIRE / November 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites Investors With Losses To Join An Inquiry Into Customers Bancorp Inc For Fraud

WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #banking--Customers Bancorp Inc (NYSE:CUBI) announces a quarterly cash dividend on Series E and Series F preferred stocks.

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

NEW YORK, NY / ACCESSWIRE / November 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

ATTENTION Customers Bancorp, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

Levi & Korsinsky Investigates Possible Securities Fraud Violations by Customers Bancorp, Inc. (CUBI)

LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Customers Bancorp, Inc. Is Being Investigated For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / November 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

CUBI ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Customers Bancorp, Inc. Shareholders Who Lost Money

LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Encourages Investors To Join An Inquiry Into Customers Bancorp Inc For Securities Fraud

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Rosen Law Firm, a leading securities law firm, announces an investigation into Customers Bancorp, Inc. (NYSE: CUBI) for possible violations of the federal securities laws. If you purchased Customers Bancorp securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to contact RLF about Ongoing Investigation into the Company (NYSE: CUBI)

Customers Bancorp, Inc. (NYSE:CUBI ) Q3 2024 Earnings Conference Call November 0first, 2024, 09:00 AM ET Company Participants David Patti - Director of Communications Jay Sidhu - Chairman, Customers Bancorp Sam Sidhu - President & Chief Executive Officer, Customers Bank Philip Watkins - Chief Financial Officer, Customers Bank Conference Call Participants Stephen Moss - Raymond James Kelly Motta - KBW Frank Schiraldi - Piper Sandler David Bishop - Hovde Group David Chiaverini - Wedbush Securities Inc. Operator Thank you for standing by. My name is Briana, and I will be your conference operator today.

Customers Bancorp, Inc. (CUBI) Q3 2024 Earnings Call Transcript

NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

Customers Bancorp, Inc. (CUBI) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates

Investors can contact the law firm at no cost to learn more about recovering their losses

Customers Bancorp, Inc. Investors: Company Investigated by the Portnoy Law Firm

While the top- and bottom-line numbers for Customers Bancorp (CUBI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Customers Bancorp (CUBI) Reports Q3 Earnings: What Key Metrics Have to Say

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.

Customers Bancorp (CUBI) Lags Q3 Earnings and Revenue Estimates

Customers Bancorp, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - CUBI

WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #banking--Customers Bancorp, Inc (NYSE:CUBI) announced Q3 2024 earnings delivering on strategic priorities and growing franchise value.

Customers Bancorp Reports Results for Third Quarter 2024

Customers Bancorp, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - CUBI

LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Customers Bancorp, Inc. Is Being Investigated For Violating Securities Laws And Shareholders With Losses Are Urged To Contact The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

Did Customers Bancorp, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - CUBI

LOS ANGELES, CA / ACCESSWIRE / October 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE:CUBI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Encourages Investor Participation In An Inquiry Into Customers Bancorp Inc For Securities Fraud

NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. ("Customers Bancorp, Inc.") (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer ("CFO"), Carla Leibold, "was notified of her termination from employment with the Company on April 10, 2024, for 'cause' under her employment agreement for violating Company policy, which termination was effective immediately.

News for Customers Bancorp Stock (CUBI)