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Image source: The Motley Fool. Customers Bancorp, inc (NYSE: CUBI) Q2 2021 Earnings Call Jul 29, 2021 , 9:00 a.m. ET Operator Continue reading For further details see: Customers Bancorp, inc (CUBI) Q2 2021 Earnings Call Transcript
Customers Bancorp (NYSE:CUBI): Q2 Non-GAAP EPS of $1.76 misses by $0.11; GAAP EPS of $1.72 misses by $0.17. Revenue of $152.29M (+33.3% Y/Y) beats by $4.53M. For further details see: Customers Bancorp EPS misses by $0.11, beats on revenue
Record Net Income of $58.0 million, or $1.72 Per Diluted Share, ROAA of 1.27% and ROCE of 23.22% Top 5 Bank PPP Lender in U.S. by Loan Count ~325,000 Loans Funded Totaling $9.5 billion ~$335 million of Deferred Origination Fees Earned Tangible Book Valu...
Today, Customers Bank (NYSE:CUBI), one of the nation’s leading SBA Paycheck Protection Program (PPP) lenders, announced it will partner with the SBA to deliver responsive digital loan forgiveness service to the small business borrowers. Customers, which made more than 320,000...
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Thursday, July 29, 2021, to report its earnings results for the three months ending June 30, 2021. The call will be conducted by Cu...
The market is off to a great start this year. A look below the surface reveals plenty of great stocks at reasonable prices. S&P 500 is up 14.4% YTD - a very respectable start for any year, and especially one that is digging its way out of a large economic hole. Buying high qua...
The management’s plans to expand in new markets, shift the loan mix, and reduce the deposit cost will likely drive earnings this year. The company has a large amount of Paycheck Protection Program fees remaining to be booked. The year-end target price suggests a high upside...
Customers Bank, the super-community bank subsidiary of Customers Bancorp (NYSE: CUBI) with $18.8 billion of assets at March 31, 2021, this week announced the promotion of Jessie John Velasquez to Executive Vice President, Chief Accounting Officer; the hiring of Lisa L. Schmoke as Senior...
Customers Bank is pleased to announce Jennifer Frost has been promoted to Executive Vice President and Chief Administrative Officer. Frost will also join the Management Board. Previously, Frost served as senior vice president, deputy chief administrative officer and was responsible ...
Customers Bancorp Inc (NYSE:CUBI) traded at a new 52-week high today of $40.09. Approximately 109,000 shares have changed hands today, as compared to an average 30-day volume of 270,000 shares. Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides fin...
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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...
On June 26, 2024, the Board of Directors of Customers Bancorp, Inc. (NYSE: CUBI), the holding company for Customers Bank, authorized a new common stock repurchase plan, providing the company the option to purchase up to 497,509 shares of its outstanding common stock over a one-year period. Th...