Customers Bancorp: With The Preferred Being Called, One High-Yield Option Remains
2025-12-01 08:18:54 ET
Introduction
Customers Bancorp ( CUBI ) is a regional bank based out of Pennsylvania. For the past four years, the bank has had a preferred share (CUBI.PR.F) paying dividends at a floating rate. For some time, these preferred dividends yielded some of the highest in the banking industry and were over 10%. Back in February, I downgraded the preferred shares to a hold over concerns of call risk....
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Customers Bancorp: With The Preferred Being Called, One High-Yield Option RemainsNASDAQ: CUBB
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