Welcome to our dedicated page for Customers Bancorp news (Ticker: CUBI), a resource for investors and traders seeking the latest updates and insights on Customers Bancorp stock.
The Customers Bancorp, Inc. (NYSE: CUBI) news page on Stock Titan aggregates company announcements, earnings releases, capital markets activity, and other material updates disclosed by the bank holding company and its subsidiary, Customers Bank. As one of the 80 largest bank holding companies in the United States by assets, Customers Bancorp regularly issues news that sheds light on its commercial and consumer banking activities, capital structure decisions, and strategic initiatives.
Readers can find detailed earnings press releases that discuss net interest income, net interest margin, loan and lease growth, deposit trends, credit quality metrics, and non-interest income and expense. These releases often include management commentary on strategic priorities, capital raises, and operational efficiency, as well as non-GAAP measures and their reconciliations.
The news feed also covers announcements about common stock offerings, subordinated note issuances, and preferred stock actions, such as the redemption of the company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F. In addition, Customers Bancorp publishes updates on its geographic expansion, including the opening of new offices in markets such as Irvine, Sherman Oaks, Sacramento, Reno, and Las Vegas, which it links to serving entrepreneurs, privately held businesses, commercial real estate developers, and investors.
Leadership and governance developments, including executive appointments, board changes, and new employment agreements, are disclosed through press releases and related SEC filings and are reflected in the news stream. The company also highlights external recognitions, such as rankings from American Banker, Forbes, and Inc. Magazine, and reports Net Promoter Scores that it compares to industry averages.
By following the CUBI news page, users can review a chronological record of Customers Bancorp’s public communications, from financial performance updates to capital markets transactions and service model milestones, all sourced from official press releases and filings.
Customers Bancorp (NYSE:CUBI) reported strong Q2 2025 results with net income of $55.8 million, or $1.73 per diluted share. Core earnings reached $58.1 million, or $1.80 per diluted share. The bank demonstrated solid growth with total loans increasing by $319.0 million (2.1%) and deposits growing by $43.1 million (0.2%) quarter-over-quarter.
Key performance metrics improved significantly, with net interest margin expanding to 3.27%, up 14 basis points from Q1. Asset quality remained strong with non-performing assets at just 0.27% of total assets. The bank maintained robust capital levels with a CET1 ratio of 12.0% and completed the redemption of $57.5 million in Series E Preferred Stock.
Notable growth was seen in specialized lending (up $385 million) and mortgage finance (up $148 million). The bank's liquidity position remains strong with $8.6 billion available, covering approximately 150% of uninsured deposits.
Customers Bancorp (NYSE:CUBI) has announced its second quarter 2025 earnings webcast scheduled for Friday, July 25, 2025, at 9:00 a.m. EDT. The event will feature key executives including CEO Jay Sidhu and President Sam Sidhu, with the earnings release to be issued after market close on July 24, 2025.
The company, with over $22 billion in assets, ranks among the top 80 largest bank holding companies in the U.S. Notable achievements include ranking No. 1 on American Banker's 2024 list of top-performing banks ($10B-$50B assets) and securing the 72nd position in Forbes Best Banks 2025 list. The bank boasts a distinguished Net Promoter Score of 73, significantly outperforming the industry average of 41.
Customers Bancorp (NYSE:CUBI) held its virtual annual meeting on May 27, 2025, where shareholders approved all proposed items. The meeting resulted in the election of three directors: Andrea R. Allon and Bernard B. Banks for three-year terms expiring in 2028, and Daniel K. Rothermel for a one-year term expiring in 2026. Shareholders also ratified Deloitte & Touche LLP as the company's independent auditor and approved a non-binding proposal on executive compensation.
Customers Bancorp, with over $22 billion in assets, ranks among the top 80 largest bank holding companies in the U.S. The bank has received notable recognition, including ranking No. 1 on American Banker's 2024 list of top-performing banks in its asset category and achieving a Net Promoter Score of 73, significantly above the industry average of 41.
Customers Bancorp (NYSE: CUBI) has announced the complete redemption of its Series E Preferred Stock, comprising 2,300,000 shares worth $57.5 million. The redemption is scheduled for June 16, 2025, with a cash redemption price of $25 per share. The company will also pay a regular quarterly dividend of $0.61304235 per share to holders of record as of May 31, 2025.
The redemption is expected to be accretive to earnings per share at an annualized rate of 12 cents. The bank's book value per share as of March 31, 2025, stood at $54.85. This strategic move aligns with Customers Bancorp's efforts to optimize its funding and capital structure, particularly given the current 9.70% dividend rate on the Series E Preferred Stock.
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Customers Bancorp (NYSE:CUBI) reported Q1 2025 results with net income of $9.5 million ($0.29 per diluted share), down from $23.3 million in Q4 2024. Core earnings were $50.0 million ($1.54 per diluted share). The quarter included $39.9 million in post-tax losses from securities portfolio repositioning.
Key metrics include:
- Total loans grew 4.2% to $611.7 million quarter-over-quarter
- Deposits increased 0.5% to $86.5 million
- Net interest margin improved to 3.13% from 3.11%
- Cost of deposits decreased to 2.82% from 3.07%
- Non-performing assets ratio at 0.26%
The bank maintained strong capital positions with CET1 ratio at 11.7% and tangible book value per share grew to $54.74, up 1.2% from previous quarter. Commercial loan growth of $460.3 million was driven by specialized lending verticals, while maintaining minimal exposure (1%) to higher-risk office commercial real estate.
Customers Bancorp (NYSE: CUBI) has announced it will host its first quarter 2025 earnings webcast on Friday, April 25, 2025, at 9:00 a.m. EDT. The presentation will feature Chair and CEO Jay Sidhu, President Sam Sidhu, and CFO Philip Watkins.
The earnings release will be issued after market close on Thursday, April 24, 2025. Customers Bancorp, with over $22 billion in assets, ranks among the top 80 largest bank holding companies in the U.S. The bank has received notable recognition, including:
- No. 1 on American Banker 2024's top-performing banks ($10B-$50B assets)
- Ranked 72nd in Forbes Best Banks 2025 list
- Featured in 2024 Inc. Magazine Best in Business List (Financial Services Category)
Customers Bank, a subsidiary of Customers Bancorp (NYSE: CUBI), has achieved an impressive Net Promoter Score (NPS) of 73 in its first annual assessment, significantly surpassing the financial services industry average of 41. This score demonstrates the bank's success in delivering exceptional customer service through its high-touch, single point of contact business model.
With over $22 billion in assets, Customers Bank ranks among the 80 largest bank holding companies in the U.S. The bank has received notable recognition, including the #1 position on American Banker 2024's list of top-performing banks with $10B to $50B in assets, and ranking 72nd on Forbes Best Banks list 2024. The institution offers comprehensive commercial and consumer banking services, including C&I lending, commercial real estate lending, and specialized national corporate banking services.
Customers Bank, a subsidiary of Customers Bancorp (NYSE: CUBI) with over $22 billion in assets, has been named one of America's Best Banks by Forbes for the seventh consecutive year. The recognition is based on Forbes' 16th annual evaluation of the 200 largest publicly traded banks, measuring growth, credit quality, and profitability for the 12 months ending September 30, 2024, and stock performance through January 10, 2025.
The bank's success is attributed to its unique operating model featuring a single point of contact, focused product offering, and exceptional customer service. The evaluation criteria included metrics such as net interest margin, return on average tangible common equity, CET1 ratio, efficiency ratio, and operating revenue growth. Notably, Customers Bank ranks No. 1 on American Banker 2024's list of top-performing banks with $10B to $50B in assets and No. 72 among the 100 largest publicly traded banks.