NYSE:CUBIBanks
Customers Bancorp Buyback Tests Balance Between Capital Returns And Growth
Customers Bancorp (NYSE:CUBI) has launched a new $100 million share repurchase program authorized by its Board of Directors.
The buyback gives the bank a flexible tool to manage capital while signaling confidence in its financial position.
The authorization comes as Customers Bancorp continues to focus on supporting clients and long term growth plans.
Customers Bancorp, trading at $71.67, has seen its share price move around recently, with a 7 day return of 6.6% decline and a 30 day return...