Annonce • Apr 24
Customers Bancorp, Inc. Reports Net Charge Offs for the First Quarter Ended March 31, 2026 Customers Bancorp, Inc. reported net charge offs for the first quarter ended March 31, 2026. For the period, the company reported net charge-offs of $13,255,000 compared to $17,144,000 a year ago. Annonce • Apr 15
Customers Bancorp, Inc., Annual General Meeting, May 26, 2026 Customers Bancorp, Inc., Annual General Meeting, May 26, 2026. Annonce • Apr 14
Customers Bancorp, Inc. to Report Q1, 2026 Results on Apr 23, 2026 Customers Bancorp, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026 Annonce • Feb 12
Customers Bancorp, Inc. (NYSE:CUBI) announces an Equity Buyback for $100 million worth of its shares. Customers Bancorp, Inc. (NYSE:CUBI) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its common stock. The program is valid for one-year period. Annonce • Jan 23
Customers Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2025 Customers Bancorp, Inc. reported net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net charge-offs were $14 million in fourth quarter of 2025, compared to $15 million in fourth quarter of 2024. Annonce • Jan 13
Customers Bancorp, Inc. to Report Q4, 2025 Results on Jan 22, 2026 Customers Bancorp, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 22, 2026 Annonce • Oct 15
Customers Bancorp, Inc. to Report Q3, 2025 Results on Oct 23, 2025 Customers Bancorp, Inc. announced that they will report Q3, 2025 results After-Market on Oct 23, 2025 Annonce • Sep 27
Customers Bancorp, Inc. and Customers Bank Announces Board Appointments, Effective October 29, 2025 On September 24, 2025, the Board of Directors (the "Board") of Customers Bancorp, Inc. (the "Company"), appointed Maurice Michael (“Mike”) Gill, Robert Krasne, Susan Looney and Dalton Sirmans to serve as directors of the Company, effective as of October 29, 2025. Mike Gill is a retired attorney who spent 13 years at Accenture LLP, including as Managing Director Global Complex Contracting, and before that practiced law as a transactional attorney for over 25 years. Mr. Gill holds a Bachelor of Science in Business from the University of Missouri and a Juris Doctor from the University of Missouri School of Law. Robert Krasne is the Co-Chair of The Steinman Foundation and the Chair and former Chief Executive Officer of Steinman Communications. Mr. Krasne holds an A.B. in Economics from Georgetown University and a J.D. from the Georgetown University Law Center. Susan Looney is the sixth president of Reading Area Community College in Reading, PA. Dr. Looney holds an Associate’s Degree from Brookdale Community College, a Bachelor of Science in Business Administration and an MBA from Monmouth University, a Juris Doctorate from Widener University School of Law, and a Doctorate in Education, specializing in Higher Education Leadership, from Nova Southeastern University. Dalton Sirmans is the Co-Founder and Senior Partner of Amplio Ventures and the Co-Founder and former Chief Executive Officer of MainStreet Technologies. Mr. Sirmans holds an ALM International Relations and Affairs from the Harvard University Extension School, a Bachelor of Science, Criminal Justice, from Valdosta State University, and an Associate of Science, Sociology, from Abraham Baldwin Agricultural College. Effective as of October 29, 2025, each of Dr. Looney and Messrs. Gill, Krasne and Sirmans will also serve as a director of the Company’s wholly owned subsidiary, Customers Bank. Effective October 29, 2025, the size of the Company’s Board will increase to twelve members. Annonce • Jul 15
Customers Bancorp, Inc. to Report Q2, 2025 Results on Jul 24, 2025 Customers Bancorp, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025 Annonce • May 29
Customers Bancorp, Inc. Announces Retirement of Daniel K. Rothermel as Member of the Board of Directors and Committee's On May 27, 2025, Daniel K. Rothermel, who was reelected for a one-year term as a member of the board of directors of Customers Bancorp, Inc. at the Company’s Annual Meeting of Shareholders held on May 27, 2025, and who is also a member of the board of directors of Customers Bank, the Company’s wholly-owned subsidiary, informed the Company that he intends to retire from the board of directors and will not stand for reelection at the Company’s 2026 Annual Meeting of Shareholders. His retirement will become effective immediately following the 2026 Annual Meeting of Shareholders. Mr. Rothermel has served as a director of the Company since 2009, and currently is the Company’s Lead Independent Director, chair of the Company’s Nominating and Corporate Governance Committee and Customers Bank’s Directors Risk Committee, and is a member of the Company’s Executive Committee, Audit Committee, Regulatory Affairs Committee and Leadership Development and Compensation Committee. Mr. Rothermel’s determination to retire and not stand for reelection is not related to any disagreement on any matter relating to the Company’s or Customers Bank’s operations, policies or practices. Annonce • Apr 25
Customers Bancorp Reports Net Charge Off for First Quarter Ended March 31, 2025 Customers Bancorp Reported net charge off for first quarter ended March 31, 2025. For the quarter, the company reported net charge off of $17,144,000 against $17,968,000 a year ago. Annonce • Apr 18
Customers Bancorp, Inc., Annual General Meeting, May 27, 2025 Customers Bancorp, Inc., Annual General Meeting, May 27, 2025. Annonce • Apr 15
Customers Bancorp, Inc. to Report Q1, 2025 Results on Apr 24, 2025 Customers Bancorp, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 24, 2025 Annonce • Apr 03
Customers Bancorp, Inc. and Customers Bank Announces Resignation of Rajeev V. Date as A Member of the Boards of Directors, Effective March 31, 2025 On March 28, 2025, Rajeev V. Date, a member of the boards of directors of Customers Bancorp, Inc. (the “Company”) and Customers Bank (the “Bank”), the Company’s wholly-owned subsidiary, informed the Company that he intends to resign from the boards of directors of the Company and the Bank, effective as of March 31, 2025, to devote more time to other commitments at his firm, Fenway Summer LLC and at Circle Internet Group, Inc., which filed a registration statement for an initial public offering on April 1, 2025, and has appointed Mr. Date as its Lead Independent Director and chair of its Compensation Committee. Annonce • Jan 14
Customers Bancorp, Inc. to Report Q4, 2024 Results on Jan 23, 2025 Customers Bancorp, Inc. announced that they will report Q4, 2024 results After-Market on Jan 23, 2025 Annonce • Dec 04
Gainey Mckenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Customers Bancorp, Inc Gainey McKenna & Egleston announced that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased or otherwise acquired Customers Bancorp, Inc. securities between March 1, 2024 and August 8, 2024, inclusive (the “Class Period”). The lawsuit seeks to recover damages for the Company’s investors under the federal securities laws. The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: Customers Bancorp had inadequate anti-money laundering practices; and (2) as a result, Customers Bancorp was not in compliance with its legal obligations, which subjected Customers Bancorp to heightened regulatory risk. The Complaint further alleges that on April 12, 2024, Customers Bancorp announced that CFO, defendant Carla A. Leibold, had been fired for “cause” for violating Customers Bancorp policy. On this news, the price of Customers Bancorp stock fell nearly 5%. Customers Bancorp subsequently disclosed that Ms. Leibold’s termination was a “separation by mutual agreement.” Then, on August 8, 2024, during market hours, the Federal Reserve issued a press release entitled “Federal Reserve Board issues enforcement action with Customers Bancorp, Inc. and Customers Bank,” which attached a written agreement between Customers Bancorp and the Federal Reserve Bank of Philadelphia stating that the Federal Reserve “identified significant deficiencies related to the Bank’s risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering (‘AML’), including the Bank Secrecy Act.” On this news, the price of Customers Bancorp stock fell more than 15%. Finally, the Complaint alleges that on August 8, 2024, after market hours, Customers Bancorp disclosed a consent order by the Commonwealth of Pennsylvania, Department of Banking and Securities, Bureau of Bank Supervision, relating “principally to aspects of compliance risk management, including risk management practices governing digital asset-related services; oversight by the Board of Directors of Customers Bancorp and the Bank; compliance with anti-money laundering regulations under the Bank Secrecy Act; and compliance with the regulations of the Office of Foreign Assets Control,” and further stating that “these deficiencies give the Bureau reason to believe that the Bank had engaged in unsafe or unsound banking practices relating to BSA/AML Requirements.” On this news, the price of Customers Bancorp stock fell further. Investors who purchased or otherwise acquired shares of Customers Bancorp should contact the Firm prior to the January 31, 2025 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Recent Insider Transactions • Nov 09
Insider recently sold €250k worth of stock On the 6th of November, Glenn Hedde sold around 5k shares on-market at roughly €50.02 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €51.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 31% over the past year. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.36 (vs US$2.65 in 3Q 2023) Third quarter 2024 results: EPS: US$1.36 (down from US$2.65 in 3Q 2023). Revenue: US$150.0m (down 25% from 3Q 2023). Net income: US$42.9m (down 48% from 3Q 2023). Profit margin: 29% (down from 42% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Europe. Annonce • Oct 18
Customers Bancorp, Inc. to Report Q3, 2024 Results on Oct 31, 2024 Customers Bancorp, Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 Annonce • Aug 16
Customers Bancorp Announces Executive Changes Customers Bancorp has announced the hire of a new compliance head. The firm has announced the appointment of Allen Love to the newly created role of chief compliance and AML (anti-money laundering) officer at Customers Bancorp. The appointment comes days after the Federal Reserve Board ordered the bank to revamp and strengthen its AML, sanctions, and Bank Secrecy Act (BSA) compliance programmes. Love is a former TD Bank executive. In the position, Love is to lead the USD 21 billion -asset bank's compliance programme. Love is to replace chief compliance officer Melissa Krueger. New Risk • Aug 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €51.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 38% over the past year. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$1.72 (vs US$1.41 in 2Q 2023) Second quarter 2024 results: EPS: US$1.72 (up from US$1.41 in 2Q 2023). Revenue: US$180.6m (up 17% 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 driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Banks industry in Europe. Annonce • Jul 17
Customers Bancorp, Inc. to Report Q2, 2024 Results on Jul 25, 2024 Customers Bancorp, Inc. announced that they will report Q2, 2024 results After-Market on Jul 25, 2024 Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €51.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 62% over the past year. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$1.46 (vs US$1.58 in 1Q 2023) First quarter 2024 results: EPS: US$1.46 (down from US$1.58 in 1Q 2023). Revenue: US$164.5m (up 11% from 1Q 2023). Net income: US$45.9m (down 8.6% from 1Q 2023). Profit margin: 28% (down from 34% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Annonce • Apr 19
Customers Bancorp, Inc., Annual General Meeting, May 28, 2024 Customers Bancorp, Inc., Annual General Meeting, May 28, 2024, at 10:00 Eastern Standard Time. Agenda: To consider Election of three Class I Directors; to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024; to approve a non-binding advisory resolution on named executive officer compensation; to approve a non-binding advisory resolution on the frequency of future votes to approve named executive officer compensation; to approve an amendment to the Customers Bancorp, Inc. 2019 Stock Incentive Plan; and to consider other matters. Annonce • Apr 16
Customers Bancorp, Inc. to Report Q1, 2024 Results on Apr 25, 2024 Customers Bancorp, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Annonce • Apr 14
Customers Bancorp, Inc. Announces CFO Changes On April 12, 2024, Customers Bancorp, Inc, the parent company of Customers Bank, promoted Philip Watkins to Chief Financial Officer of the Company. Mr. Watkins, age 39, has served as the Chief Financial Officer of Customers Bank since January 2023. He joined Customers Bank in January 2020, where he served in various roles including Head of Real Estate and Head of Digital Lending. From August 2018 through January 2021, Mr. Watkins was the CFO of Megalith Financial Acquisition Corp. Since 2013, Mr. Watkins also served as Principal of Megalith Capital Management, a real estate focused private equity firm. Mr. Watkins replaces Carla A. Leibold, who had served as Executive Vice President and Chief Financial Officer since November 2018. Ms. 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. Ms. Leibold has disputed the Company's characterization of her separation from the Company. Recent Insider Transactions • Mar 14
Executive VP & CFO recently sold €1.7m worth of stock On the 12th of March, Carla Leibold sold around 36k shares on-market at roughly €48.68 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Carla has been a net seller over the last 12 months, reducing personal holdings by €3.2m. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: US$7.49 (vs US$6.69 in FY 2022) Full year 2023 results: EPS: US$7.49 (up from US$6.69 in FY 2022). Revenue: US$683.4m (up 16% from FY 2022). Net income: US$235.4m (up 7.8% from FY 2022). Profit margin: 35% (down from 37% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.29% (up from 3.19% in FY 2022). Non-performing loans: 0.21% (up from 0.20% in FY 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$7.49 (vs US$6.69 in FY 2022) Full year 2023 results: EPS: US$7.49 (up from US$6.69 in FY 2022). Revenue: US$683.4m (up 16% from FY 2022). Net income: US$235.4m (up 7.8% from FY 2022). Profit margin: 35% (down from 37% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Annonce • Jan 13
Customers Bancorp, Inc. to Report Q4, 2023 Results on Jan 25, 2024 Customers Bancorp, Inc. announced that they will report Q4, 2023 results After-Market on Jan 25, 2024 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €52.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 102% over the past year. Recent Insider Transactions • Dec 09
Founder recently sold €450k worth of stock On the 5th of December, Jay Sidhu sold around 10k shares on-market at roughly €44.98 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.9m. Jay has been a net seller over the last 12 months, reducing personal holdings by €3.8m. Recent Insider Transactions • Nov 04
Founder recently sold €3.9m worth of stock On the 2nd of November, Jay Sidhu sold around 101k shares on-market at roughly €38.24 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jay has been a net seller over the last 12 months, reducing personal holdings by €3.4m. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €37.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 13% over the past year. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$2.65 (vs US$1.89 in 3Q 2022) Third quarter 2023 results: EPS: US$2.65 (up from US$1.89 in 3Q 2022). Revenue: US$199.7m (up 26% from 3Q 2022). Net income: US$83.0m (up 35% from 3Q 2022). Profit margin: 42% (up from 39% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Banks industry in Europe. Annonce • Oct 14
Customers Bancorp, Inc. to Report Q3, 2023 Results on Oct 26, 2023 Customers Bancorp, Inc. announced that they will report Q3, 2023 results After-Market on Oct 26, 2023