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Financial Services - Banks - Regional - NYSE - US
$ 54.87
-0.381 %
$ 1.72 B
Market Cap
8.91
P/E
1. INTRINSIC VALUE

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company offers deposits products, including checking, savings, MMDA, and other deposits accounts. It offers loan products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans, and installment loans. It also offers traditional banking activities, including mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box services, remote deposit capture services, courier services, merchant processing services, cash vault, controlled disbursements, positive pay, cash management services, such as account reconciliation, collections, and sweep accounts.[ Read More ]

The intrinsic value of one CUBI stock under the base case scenario is HIDDEN Compared to the current market price of 54.9 USD, Customers Bancorp, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CUBI

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FINANCIALS
683 M REVENUE
8.07%
406 M OPERATING INCOME
-26.51%
250 M NET INCOME
9.70%
125 M OPERATING CASH FLOW
698.94%
3.16 B INVESTING CASH FLOW
343.20%
108 M FINANCING CASH FLOW
-91.40%
281 M REVENUE
-23.14%
46 M OPERATING INCOME
-47.32%
46.7 M NET INCOME
-19.53%
6.28 M OPERATING CASH FLOW
3.29%
-369 M INVESTING CASH FLOW
-88.86%
402 M FINANCING CASH FLOW
186.69%
Balance Sheet Decomposition Customers Bancorp, Inc.
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Current Assets 3.85 B
Cash & Short-Term Investments 3.85 B
Receivables 0
Other Current Assets 0
Non-Current Assets 16.5 B
Long-Term Investments 3.51 B
PP&E 7.37 M
Other Non-Current Assets 13 B
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 29.7 M
Other Current Liabilities -29.7 M
Non-Current Liabilities 19.7 B
Long-Term Debt 1.5 B
Other Non-Current Liabilities 18.2 B
EFFICIENCY
Earnings Waterfall Customers Bancorp, Inc.
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Revenue 683 M
Cost Of Revenue 0
Gross Profit 683 M
Operating Expenses 277 M
Operating Income 406 M
Other Expenses 156 M
Net Income 250 M
RATIOS
100.00% GROSS MARGIN
100.00%
59.46% OPERATING MARGIN
59.46%
36.60% NET MARGIN
36.60%
15.27% ROE
15.27%
1.17% ROA
1.17%
9.75% ROIC
9.75%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Customers Bancorp, Inc.
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Net Income 250 M
Depreciation & Amortization 31.8 M
Capital Expenditures -41.3 M
Stock-Based Compensation 12.6 M
Change in Working Capital 42.3 M
Others -234 M
Free Cash Flow 83.4 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Customers Bancorp, Inc.
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Wall Street analysts predict an average 1-year price target for CUBI of $70 , with forecasts ranging from a low of $52 to a high of $79 .
CUBI Lowest Price Target Wall Street Target
52 USD -5.23%
CUBI Average Price Target Wall Street Target
70 USD 27.57%
CUBI Highest Price Target Wall Street Target
79 USD 43.98%
4. DIVIDEND ANALYSIS
0.26% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Customers Bancorp, Inc.
image
Sold
0-3 MONTHS
5.88 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.94 M USD 2
9-12 MONTHS
923 K USD 4
Bought
0 USD 0
0-3 MONTHS
114 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Sell 47.1 K USD
SIDHU JAY S
Chairman & CEO
- 860
54.7314 USD
1 week ago
Nov 08, 2024
Sell 666 K USD
SIDHU JAY S
Chairman & CEO
- 12562
53.0096 USD
5 days ago
Nov 11, 2024
Sell 4.9 M USD
SIDHU JAY S
Chairman & CEO
- 86578
56.5419 USD
1 week ago
Nov 06, 2024
Sell 268 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 5002
53.6782 USD
3 months ago
Aug 13, 2024
Bought 114 K USD
Sidhu Samvir S.
President, CEO
+ 2500
45.5331 USD
8 months ago
Mar 12, 2024
Sell 1.9 M USD
Leibold Carla A
Chief Financial Officer
- 35832
53.1498 USD
8 months ago
Feb 27, 2024
Sell 36.1 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 666
54.1986 USD
11 months ago
Dec 12, 2023
Sell 196 K USD
Mackay Robert Neil
Director
- 4000
48.8939 USD
11 months ago
Dec 05, 2023
Sell 485 K USD
SIDHU JAY S
Chairman & CEO
- 10000
48.5436 USD
11 months ago
Dec 05, 2023
Sell 64.7 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 1335
48.4885 USD
1 year ago
Nov 14, 2023
Sell 178 K USD
Cunningham Lyle
Chief Lending Officer
- 4000
44.3919 USD
1 year ago
Nov 07, 2023
Sell 60.5 K USD
Velasquez Jessie John Deano
Chief Accounting Officer
- 1364
44.3505 USD
1 year ago
Nov 02, 2023
Sell 2.12 M USD
SIDHU JAY S
Chairman & CEO
- 51240
41.4681 USD
1 year ago
Nov 01, 2023
Sell 1.96 M USD
SIDHU JAY S
Chairman & CEO
- 49499
39.6952 USD
1 year ago
Oct 31, 2023
Sell 3.94 M USD
SIDHU JAY S
Chairman & CEO
- 100000
39.4163 USD
1 year ago
Sep 15, 2023
Sell 571 K USD
Leibold Carla A
Chief Financial Officer
- 16619
34.3301 USD
1 year ago
Aug 02, 2023
Sell 319 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 7792
41 USD
1 year ago
Aug 01, 2023
Sell 608 K USD
Bowman Andrew Hertz
EVP and Chief Credit Officer
- 14961
40.6075 USD
1 year ago
Aug 01, 2023
Sell 1.01 M USD
Leibold Carla A
Chief Financial Officer
- 25000
40.4083 USD
1 year ago
Mar 14, 2023
Bought 107 K USD
Sidhu Samvir S.
President, CEO
+ 5200
20.5 USD
1 year ago
Mar 13, 2023
Bought 53.6 K USD
ROTHERMEL DANIEL K
Director
+ 5000
10.715 USD
1 year ago
Mar 13, 2023
Bought 500 K USD
SIDHU JAY S
Chairman & CEO
+ 45450
11 USD
2 years ago
May 11, 2022
Bought 20 K USD
Banks Bernard Bennett
director:
+ 500
39.9724 USD
2 years ago
May 06, 2022
Bought 125 K USD
Sidhu Samvir S.
director: President, CEO
+ 2965
42.1 USD
2 years ago
May 06, 2022
Bought 42.1 K USD
Leibold Carla A
director: Chief Financial Officer
+ 1000
42.1 USD
2 years ago
May 03, 2022
Sell 43.1 K USD
Cunningham Lyle
director: Director/Chief Lending Officer
- 1000
43.06 USD
3 years ago
Feb 08, 2021
Sell 20.8 K USD
Bowman Andrew Hertz
EVP and Chief Credit Officer
- 833
25.0051 USD
2 years ago
Dec 15, 2021
Sell 3.72 M USD
SIDHU JAY S
Chairman & CEO
- 63173
58.9162 USD
6 years ago
Jun 07, 2018
Sell 96 K USD
Way T Lawrence
Director
- 3000
31.994 USD
3 years ago
Nov 09, 2021
Sell 119 K USD
Way T Lawrence
Director
- 2000
59.3945 USD
2 years ago
Dec 09, 2021
Sell 1.15 M USD
SIDHU JAY S
Chairman & CEO
- 20000
57.2533 USD
2 years ago
Dec 07, 2021
Sell 2.32 M USD
SIDHU JAY S
Chairman & CEO
- 40000
57.9767 USD
2 years ago
Dec 06, 2021
Sell 944 K USD
SIDHU JAY S
Chairman & CEO
- 16528
57.1274 USD
2 years ago
Dec 03, 2021
Sell 1.17 M USD
SIDHU JAY S
Chairman & CEO
- 20000
58.2766 USD
2 years ago
Dec 02, 2021
Sell 2.38 M USD
SIDHU JAY S
Chairman & CEO
- 40000
59.3925 USD
2 years ago
Dec 01, 2021
Sell 2.9 M USD
SIDHU JAY S
Chairman & CEO
- 50000
57.9767 USD
2 years ago
Nov 30, 2021
Sell 2.31 M USD
SIDHU JAY S
Chairman & CEO
- 40000
57.7612 USD
2 years ago
Nov 29, 2021
Sell 2.37 M USD
SIDHU JAY S
Chairman & CEO
- 40000
59.1784 USD
2 years ago
Nov 24, 2021
Sell 1.47 M USD
SIDHU JAY S
Chairman & CEO
- 25000
58.7183 USD
2 years ago
Nov 23, 2021
Sell 1.45 M USD
SIDHU JAY S
Chairman & CEO
- 25000
57.9996 USD
2 years ago
Nov 22, 2021
Sell 846 K USD
Issa Steven
- 14789
57.22 USD
3 years ago
Nov 11, 2021
Sell 1.79 M USD
SIDHU JAY S
Chairman & CEO
- 30000
59.5795 USD
3 years ago
Nov 09, 2021
Sell 2.38 M USD
SIDHU JAY S
Chairman & CEO
- 40000
59.6023 USD
3 years ago
Nov 08, 2021
Sell 2.99 M USD
SIDHU JAY S
Chairman & CEO
- 50000
59.8475 USD
3 years ago
Nov 05, 2021
Sell 3.53 M USD
SIDHU JAY S
Chairman & CEO
- 60000
58.7535 USD
3 years ago
Nov 04, 2021
Sell 1.15 M USD
SIDHU JAY S
Chairman & CEO
- 20000
57.4156 USD
3 years ago
Nov 04, 2021
Sell 1.15 M USD
SIDHU JAY S
Chairman & CEO
- 20000
57.416 USD
3 years ago
Nov 01, 2021
Sell 3.52 M USD
Way T Lawrence
Director
- 63795
55.1633 USD
3 years ago
Nov 02, 2021
Sell 2.31 M USD
Way T Lawrence
Director
- 41705
55.4402 USD
3 years ago
Nov 03, 2021
Sell 250 K USD
Way T Lawrence
Director
- 4500
55.57 USD
3 years ago
Nov 01, 2021
Sell 79.8 K USD
Issa Steven
Special Advisor to CEO
- 1479
53.93 USD
3 years ago
Nov 01, 2021
Sell 95 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 1767
53.781 USD
3 years ago
Jun 14, 2021
Bought 31.2 K USD
Sidhu Samvir S.
Head of Corporate Development
+ 790
39.4937 USD
3 years ago
Jun 14, 2021
Bought 32 K USD
Sidhu Samvir S.
Head of Corporate Development
+ 810
39.511 USD
3 years ago
Jun 14, 2021
Bought 27.3 K USD
Sidhu Samvir S.
Head of Corporate Development
+ 690
39.5117 USD
3 years ago
Jun 14, 2021
Bought 75.1 K USD
Sidhu Samvir S.
Head of Corporate Development
+ 1900
39.5294 USD
3 years ago
Jun 14, 2021
Bought 67.3 K USD
Sidhu Samvir S.
Head of Corporate Development
+ 1700
39.565 USD
3 years ago
Jun 14, 2021
Bought 4.35 K USD
Sidhu Samvir S.
Head of Corporate Development
+ 110
39.5509 USD
3 years ago
Jun 11, 2021
Sell 30.1 K USD
Velasquez Jessie John Deano
Chief Accounting Officer
- 743
40.542 USD
3 years ago
Jun 07, 2021
Sell 491 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 11681
42.0326 USD
3 years ago
Jun 07, 2021
Sell 111 K USD
Hedde Glenn
Pres Mortgage WarehouseLending
- 2661
41.6467 USD
3 years ago
May 14, 2021
Sell 179 K USD
Ehst Richard A
President & COO
- 5166
34.6682 USD
3 years ago
May 13, 2021
Sell 842 K USD
Ehst Richard A
President & COO
- 24531
34.333 USD
3 years ago
May 12, 2021
Sell 250 K USD
Ehst Richard A
President & COO
- 7167
34.862 USD
3 years ago
May 10, 2021
Sell 352 K USD
Ehst Richard A
President & COO
- 10000
35.1829 USD
3 years ago
May 07, 2021
Sell 342 K USD
Ehst Richard A
President & COO
- 9770
35.0492 USD
3 years ago
May 06, 2021
Sell 351 K USD
Ehst Richard A
President & COO
- 10000
35.0503 USD
3 years ago
May 06, 2021
Sell 99.3 K USD
Ehst Richard A
President & COO
- 2828
35.12 USD
3 years ago
May 05, 2021
Sell 353 K USD
Ehst Richard A
President & COO
- 10000
35.2762 USD
3 years ago
May 03, 2021
Sell 468 K USD
Ehst Richard A
President & COO
- 13366
35.0295 USD
3 years ago
May 04, 2021
Sell 351 K USD
Ehst Richard A
President & COO
- 10000
35.0575 USD
3 years ago
May 03, 2021
Sell 32.5 K USD
Issa Steven
Special Advisor to CEO
- 928
35.07 USD
3 years ago
Apr 05, 2021
Sell 30.3 K USD
Collins James T.
Chief Administrative Officer
- 953
31.8281 USD
3 years ago
Mar 16, 2021
Sell 140 K USD
Ehst Richard A
President and COO
- 4528
30.8408 USD
3 years ago
Mar 16, 2021
Sell 140 K USD
Ehst Richard A
President and COO
- 4528
30.8408 USD
3 years ago
Mar 03, 2021
Sell 4.92 K USD
Collins James T.
Chief Administrative Officer
- 172
28.6102 USD
3 years ago
Mar 03, 2021
Sell 4.92 K USD
Collins James T.
Chief Administrative Officer
- 172
28.6102 USD
3 years ago
Mar 03, 2021
Sell 654 K USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 22765
28.75 USD
3 years ago
Mar 03, 2021
Sell 654 K USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 22765
28.75 USD
3 years ago
Mar 02, 2021
Sell 21.1 K USD
Issa Steven
- 768
27.47 USD
3 years ago
Feb 17, 2021
Sell 0 USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 13649
0 USD
3 years ago
Feb 17, 2021
Sell 0 USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 13649
0 USD
3 years ago
Feb 16, 2021
Sell 78.6 K USD
Issa Steven
- 2921
26.9227 USD
3 years ago
Feb 16, 2021
Sell 95.6 K USD
Ehst Richard A
President and COO
- 3552
26.921 USD
3 years ago
Feb 16, 2021
Sell 95.6 K USD
Ehst Richard A
President and COO
- 3552
26.921 USD
3 years ago
Feb 17, 2021
Sell 106 K USD
Ehst Richard A
President and COO
- 3948
26.7928 USD
3 years ago
Feb 17, 2021
Sell 106 K USD
Ehst Richard A
President and COO
- 3948
26.7928 USD
3 years ago
Feb 01, 2021
Sell 42.2 K USD
Issa Steven
Executive VP and CLO
- 1881
22.45 USD
3 years ago
Feb 01, 2021
Sell 42.2 K USD
Issa Steven
Executive VP and CLO
- 1881
22.45 USD
3 years ago
Jan 12, 2021
Sell 37.4 K USD
Collins James T.
Chief Administrative Officer
- 1680
22.2635 USD
3 years ago
Jan 12, 2021
Sell 37.4 K USD
Collins James T.
Chief Administrative Officer
- 1680
22.2635 USD
3 years ago
Dec 17, 2020
Sell 17.9 K USD
Burkey Rick
Director
- 977
18.28 USD
3 years ago
Dec 17, 2020
Sell 17.9 K USD
Burkey Rick
Director
- 977
18.28 USD
3 years ago
Dec 03, 2020
Sell 118 K USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 6550
18 USD
3 years ago
Dec 03, 2020
Sell 118 K USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 6550
18 USD
4 years ago
Nov 10, 2020
Sell 47.8 K USD
Ehst Richard A
President and COO
- 2775
17.2389 USD
4 years ago
Nov 10, 2020
Sell 47.8 K USD
Ehst Richard A
President and COO
- 2775
17.2389 USD
4 years ago
Nov 06, 2020
Sell 132 K USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 9167
14.4213 USD
4 years ago
Nov 06, 2020
Sell 132 K USD
Hedde Glenn
EVP Mortgage Warehouse Lending
- 9167
14.4213 USD
4 years ago
Nov 05, 2020
Sell 20.3 K USD
Issa Steven
Executive VP and CLO
- 1451
14 USD
4 years ago
Nov 05, 2020
Sell 20.3 K USD
Issa Steven
Executive VP and CLO
- 1451
14 USD
4 years ago
Sep 29, 2020
Sell 16.8 K USD
Collins James T.
Chief Administrative Officer
- 1519
11.071 USD
4 years ago
Sep 29, 2020
Sell 16.8 K USD
Collins James T.
Chief Administrative Officer
- 1519
11.071 USD
4 years ago
Aug 11, 2020
Sell 34.3 K USD
Ehst Richard A
President and COO
- 2500
13.7039 USD
4 years ago
Aug 11, 2020
Sell 34.3 K USD
Ehst Richard A
President and COO
- 2500
13.7039 USD
4 years ago
Aug 06, 2020
Sell 14.7 K USD
Issa Steven
Executive VP and CLO
- 1220
12.089 USD
4 years ago
Aug 06, 2020
Sell 14.7 K USD
Issa Steven
Executive VP and CLO
- 1220
12.089 USD
7. News
New Strong Sell Stocks for November 14th AGNC, CUBI and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on November 14, 2024. zacks.com - 2 days ago
CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI) NEW YORK , Nov. 13, 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. prnewswire.com - 3 days ago
CUSTOMERS BANCORP ALERT: Bragar Eagel & Squire, P.C. is Investigating Customers Bancorp, Inc. on Behalf of Customers Bancorp Stockholders and Encourages Investors to Contact the Firm NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) (NYSE:CUBI) on behalf of Customers Bancorp stockholders. Our investigation concerns whether Customers Bancorp has violated the federal securities laws and/or engaged in other unlawful business practices. globenewswire.com - 3 days ago
CUBI BREAKING NEWS: Customers Bancorp, Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company (NYSE: CUBI) NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate Customers Bancorp, Inc. (NYSE: CUBI) for potential violations of the federal securities laws. globenewswire.com - 4 days ago
CUBI BREAKING NEWS: Customers Bancorp, Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company (NYSE: CUBI) NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Rosen Law Firm, a global investor rights law firm, continues to investigate Customers Bancorp, Inc. (NYSE: CUBI) for potential violations of the federal securities laws. globenewswire.com - 1 week ago
CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI) NEW YORK , Nov. 7, 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. prnewswire.com - 1 week ago
Customers Bancorp, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights – CUBI 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. accesswire.com - 1 week ago
Shareholders that lost money on Customers Bancorp, Inc.(CUBI) should contact Levi & Korsinsky about Securities Fraud Investigation - 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. accesswire.com - 1 week ago
Investors Who Lost Money on Customers Bancorp, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - 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. accesswire.com - 1 week ago
The Schall Law Firm Invites Investors With Losses To Join An Inquiry Into Customers Bancorp Inc For Fraud 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. accesswire.com - 1 week ago
Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock 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. businesswire.com - 1 week ago
ATTENTION Customers Bancorp, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights 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. accesswire.com - 1 week ago
8. Profile Summary

Customers Bancorp, Inc. CUBI

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 1.72 B
Dividend Yield 0.26%
Description Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company offers deposits products, including checking, savings, MMDA, and other deposits accounts. It offers loan products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans, and installment loans. It also offers traditional banking activities, including mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box services, remote deposit capture services, courier services, merchant processing services, cash vault, controlled disbursements, positive pay, cash management services, such as account reconciliation, collections, and sweep accounts. It operates 12 full-service branches, as well as limited production and administrative offices in Southeastern Pennsylvania, including Bucks, Berks, Chester, Philadelphia, and Delaware Counties; Harrisburg, Pennsylvania; Rye Brook and New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Washington D.C.; Chicago, Illinois; Dallas, Texas; Orlando, Florida; and Wilmington, North Carolina. Customers Bancorp, Inc. was founded in 1994 and is headquartered in West Reading, Pennsylvania.
Contact 701 Reading Avenue, West Reading, PA, 19611 https://www.customersbank.com
IPO Date March 14, 2012
Employees 812
Officers Eric Lucero Senior Vice President & Chief Marketing Officer Mr. Lyle P. Cunningham Executive Vice President & Chief Banking Officer Mr. Samvir S. Sidhu President & Vice Chairman Mr. David W. Patti Director of Communications Ms. Lisa Walsh Executive Vice President & Chief People Officer Mr. Robert Fischer Senior Vice President, Relationship Manager and Member of the Lending Team Nicholas Harris Executive Vice President & Chief Information Officer Mr. Jay S. Sidhu Founder, Chairman & Chief Executive Officer Mr. Philip Watkins Executive Vice President & Chief Financial Officer Mr. Andrew B. Sachs Esq. Executive Vice President, General Counsel & Corporate Secretary