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2023-05-11 11:50:40 ET Summary Customers Bancorp is a small regional bank located in Pennsylvania. Shares of the bank have come under pressure, including preferred shares. Despite the challenges in the sector, Customers Bancorp is set up to persevere. Customers Banco...
2023-05-02 06:45:00 ET Between the banking crisis in March and the high-interest-rate environment, many banks are seeing low-cost deposits head for the exits, and are having to replace them with higher-cost deposits and funding sources. And that's hurting their margins. But the tech-for...
2023-04-28 14:42:01 ET Customers Bancorp Inc. (CUBI) Q1 2023 Results Conference Call April 28, 2023 09:00 AM ET Company Participants David Patti - Director of Communications Jay Sidhu - Founder, Chairman & CEO Samvir Sidhu - President & Vice Chairman ...
2023-04-28 13:15:20 ET Customers Bancorp ( NYSE: CUBI ) stock spiked 16.6% in Friday afternoon trading as investors praised the regional lender's first-quarter results and full-year outlook. The Pennsylvania-based bank's EPS of $1.55 sailed past the average analyst estim...
2023-04-27 17:43:12 ET Customers Bancorp press release ( NYSE: CUBI ): Q1 GAAP EPS of $1.55. Revenue of $168.02M (-9.8% Y/Y). For further details see: Customers Bancorp GAAP EPS of $1.55, revenue of $168.02M
Customers Bancorp, Inc. (NYSE:CUBI) First Quarter 2023 Highlights Q1 2023 net income available to common shareholders was $50.3 million, or $1.55 per diluted share; ROAA was 1.03% and ROCE was 16.00%. Q1 2023 core earnings* were $51.1 million, or $1.58 per diluted share; Cor...
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Friday, April 28, 2023, to report its earnings results for the three months ending March 31, 2023. The call will be conducted by Customers Ba...
The top two executives of Customers Bancorp, Inc. (NYSE:CUBI), a high-performing bank holding company with over $20 billion in assets, will take all 2022 bonuses in stock rather than cash, the firm announced. “We are bullish on our bank. We believe in our future. We expect great times ...
2023-03-27 11:08:55 ET The collapse of crypto-friendly lenders Silvergate Capital ( SI ) and Signature Bank has prompted a number of banks to extend welcomes to crypto-focused companies as they scramble for banking services, the Wall Street Journal reported Monday, citing people...
2023-03-13 15:15:50 ET Summary The Fed and FDIC took substantial measures Sunday to stabilize the banking system. These have not quelled the panic; regional bank shares continue to tumble Monday. Here's what happened, what to watch now, and a few places where I see opportunity...
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Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Friday, July 26, 2024, to report its earnings results for the three months ending June 30, 2024. The webcast will be conducted by Customers B...
2024-07-10 17:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...