Customers Bancorp, Inc. reported strong Q2 2026 results, with net income available to common shareholders of $71.6 million, or $2.05 diluted EPS. Reported and core metrics were similar: core earnings were $71.5 million, also $2.05 per diluted share, with ROAA 1.13% and ROCE about 13.2%. Net interest income was $193.4 million, up year over year, on a tax-equivalent net interest margin of 3.17%. The efficiency ratio and core efficiency ratio were 50.55%, modestly better than a year earlier. Tangible book value per share rose to $65.20, up 16% from Q2 2025.
Total assets reached $26.5 billion. Loans and leases held for investment were a record $18.0 billion, up 3.4% from March 31, 2026 and 16.8% year over year. Deposits were a record $21.7 billion, up 0.6% sequentially and 14.5% year over year, including $6.9 billion of non‑interest‑bearing deposits, 31.8% of total. Estimated uninsured deposits were $7.6 billion, 35% of deposits, with immediately available liquidity covering about 146% of that amount. Investment securities totaled $3.3 billion, and borrowings rose to $2.3 billion.
Credit quality remained solid. The provision for credit losses was $23 million, and net charge‑offs were $14.6 million. The allowance for credit losses on loans and leases was $164 million. Non‑performing loans were $56 million, 0.31% of total loans and leases, with reserves covering about 293% of NPLs. Non‑performing assets were 0.32% of total assets. Capital stayed strong, with CET1 of 12.8%, total risk‑based capital of 14.8%, and tangible common equity to tangible assets of 8.3%; the company repurchased 92,804 shares at an average price of $73.03.
Customers Bancorp, Inc. entered into a new Supplemental Executive Retirement Plan for executive Lyle Cunningham, replacing a prior plan adopted on April 27, 2022. The plan is a nonqualified, unfunded deferred compensation arrangement for a select group of management under ERISA and is intended to comply with Section 409A of the tax code.
Under the plan, Cunningham is entitled to a $12,500 monthly benefit after separation from service upon reaching normal retirement age, payable for life. It also provides an early termination benefit, a lifetime change in control benefit if he separates (other than for cause) within 12 months after a change in control, and disability and death benefits. Clawback, noncompete, non-disclosure, non-solicitation, and forfeiture-for-cause provisions are included.
Customers Bancorp director Daniel K. Rothermel received a grant of 385 shares of Common Stock. The shares were valued at $78.21 per share and were issued in lieu of cash for his director compensation for Q2 2026.
After this stock award, he directly holds 115,561 shares. This is a routine, compensation-related acquisition rather than an open-market stock purchase.
Mackay Robert Neil reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Robert Neil Mackay received 522 shares of Common Stock as compensation, not a market purchase. The shares were issued in lieu of cash for his Q2 2026 director fees at a value of $78.21 per share, bringing his direct holdings to 10,335 shares.
Zuckerman Steven J reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Steven J. Zuckerman reported a stock grant of 958 shares of common stock at $78.21 per share. The shares were issued in lieu of cash for his Q2 2026 director compensation, increasing his direct holdings to 73,648 shares of Customers Bancorp common stock.
He also reported indirect holdings of 218,254 shares held in the Steven J. Zuckerman Revocable Trust and 6,815 shares held in the Victoria H. Zuckerman 2006 Multigenerational Trust, where he serves as investment advisor and disclaims beneficial ownership except to the extent of his pecuniary interest.
Sirmans Dalton Talley reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Dalton Talley Sirmans received a grant of 737 shares of Common Stock at $78.21 per share as compensation for Q2 2026 director service, issued in lieu of cash. Following this grant, he directly holds 2,760 shares of Customers Bancorp common stock.
Way T Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Lawrence Way received 849 shares of Common Stock as a grant on June 15, 2026, valued at $78.21 per share. The stock was issued in lieu of cash for Q2 2026 director compensation, bringing his direct holdings to 126,562 shares.
Looney Susan Dianne reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Susan Dianne Looney reported receiving a grant of 625 shares of Common Stock. The shares were valued at $78.21 per share and were issued in lieu of cash for her director compensation for Q2 2026. After this award, she directly holds 1,768 Common Stock shares.
Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Bernard Bennett Banks received a grant of 881 shares of Common Stock as compensation for Q2 2026, issued in lieu of cash. The shares were valued at $78.21 per share for reporting purposes. Following this award, he directly holds 9,912 shares.
Allon Andrea R. reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Andrea R. Allon reported a stock grant as part of board compensation. She received 625 shares of common stock at $78.2100 per share in lieu of cash for Q2 2026 director fees. Following this grant, she directly holds 40,034 common shares and also reports 965 shares held indirectly through her spouse.