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The bullish cycle that started in bank stocks amid growing speculation over the Fed's imminent rate hike is likely to hold for the next 2-3 years as interest rates increase. Regional banks are a good pick to ride the trend. Their small size makes them likely to outperform larger banks...
Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.333922 per share. The dividend is payable on March 15, 2022, to shareh...
BG Bernard B. Banks, Ph.D. (USA, Retired) and Robert N. Mackay Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”) has expanded its Board of Directors and appointed retired Army Brigadier General Bernard B. Ban...
Record Full Year 2021 Net Income of $300.1 million, or $8.91 Per Diluted Share, Up 153% Over Full Year 2020 Record Deposit Growth of $5.5 billion, Up 48% Year-Over-Year Q4 2021 Net Income of $98.6 million, or $2.87 Per Diluted Share, Up 87% Over Q4 2020 Q4...
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EST on Tuesday, January 25, 2022, to report its earnings results for the three months ending December 31, 2021, and for the year-end 2021....
Bank stocks are expected to outperform in 2022, largely because the Federal Reserve is projected to raise interest rates this year, which benefits most banks. The economy is also expected to continue to normalize, and banks will hopefully see loan growth tick up. All of this should help...
Customers Bank, a top 100 digital forward commercial and consumer bank with approximately $19.1 billion in assets and the subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), has made large-scale, strategic investments to broaden the depth and expertise of its Digital Asset Banking Team ...
Shares of Customers Bancorp (NYSE:CUBI) fall as much as 13% a couple days after the company's Chairman and CEO Jay Sidhu sold some common stock earlier this week, according to an SEC Form 4 filing. Sidhu sold 63,173 shares of CUBI common stock at an average price of $58.91 per share...
Gainers: InvenTrust Properties (NYSE:IVT) +8%. Lemonade (NYSE:LMND) +8%. Futu Holdings (NASDAQ:FUTU) +7%. Huize Holding (NASDAQ:HUIZ) +7%. eHealth (NASDAQ:EHTH) +7%. Losers: Customers Bancorp (NYSE:CUBI) -13%. Newtek Business Services (NASDAQ:NEWT) -10%. Hudson Capital (NASDAQ:HUSN) -6%. CorE...
Gainers: SK Telecom (NYSE:SKM) +73%. Genfit (NASDAQ:GNFT) +44%. Bellerophon Therapeutics (NASDAQ:BLPH) +27%. Spruce Biosciences (NASDAQ:SPRB) +25%. AMC Entertainment Holdings (NYSE:AMC) +21%. Stran & Company (NASDAQ:STRNW) +22%. AeroCentury (NYSE:ACY) +19%. cbdMD (NYSE:YCBD) +19%. Net 1 U...
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AstraZeneca PLC (AZN) is expected to report $0.97 for Q2 2024 BJ's Restaurants Inc. (BJRI) is expected to report $0.49 for Q2 2024 Baker Hughes Company (BKR) is expected to report $0.49 for Q2 2024 BlueHarbor Bank (BLHK) is expected to report for Q2 2024 Betterware de Mexico S.A.P...
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...