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FTSE Russell has released a preliminary lists of companies set to join or leave the Russell Microcap Index as part of its 2022 annual reconstitution. 76 companies are shifting up from the Russell Microcap Index which consists of 25 financial allocated companies. Following is a list of to...
Shareholders of Customers Bancorp, Inc. (NYSE:CUBI) – parent of Customers Bank, a digital-forward super-community bank with a growing number of operations across the nation, met in a virtual annual meeting Tuesday, May 31 electing three directors, ratifying the appointment of Del...
The $19 billion asset Customers Bancorp (NYSE: CUBI) , based in Pennsylvania, continues to impress as the bank executes its niche banking and technology-driven strategy. In the first quarter of 2022, Customers reported diluted earnings per share of $2.18 on total revenue of nearly $...
Customers Bancorp, Inc. (CUBI) Q1 2022 Earnings Conference Call April 28, 2022 9:00 am ET Corporate Participants David Patti - Communications Director Jay Sidhu - Executive Chairman Sam Sidhu - President and Chief Operating Officer Carla Leibold - Chief Financial Officer Andy Brown - Chief Cr...
The following slide deck was published by Customers Bancorp, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Customers Bancorp, Inc. 2022 Q1 - Results - Earnings Call Presentation
Bitcoin (BTC-USD), Ethereum (ETH-USD) and other major cryptocurrencies are rising in Thursday afternoon trading as U.S. stock market investors jump back to risk-on mode amid a flush of corporate earnings releases. After reaching as low as $37.6K on April 26, bitcoin (BTC-USD +3.6%) has ...
Shares of several banks and consumer-facing fintech companies got off to a good start today, largely due to positive earnings reports, but struggled to sustain momentum in the face of difficult economic conditions. Shares of the artificial intelligence lender Upstart (NASDAQ: UPST...
Customers Bancorp press release (NYSE:CUBI): Q1 Non-GAAP EPS of $2.19 beats by $0.53. Revenue of $186.28M (+23.2% Y/Y) beats by $36.71M. Outlook: "We continue to expect to meet or beat projections of our core earnings (excluding PPP) between $4.75 - $5.00 in 2022 and well over $6.00 in 2023, ...
Q1 2022 Net Income of $74.9 million, or $2.18 Per Diluted Share, Up 126% Over Q1 2021 Q1 2022 ROAA of 1.63% and ROCE of 24.3% Q1 2022 Loan Growth of $1.1 billion (Excluding PPP Loans and Loans to Mortgage Companies), Up 12% Over Q4 2021 and 33% Year-Over-Year D...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Goldman Sachs (NYSE: GS ): A solid risk-weighted capital allocation and global markets growth could be pivotal moving forward. Bank of America (NYSE: BAC ): There seems to be a shift in the bank’s interest...
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Customers Bank, known for its crypto-friendly services, has ceased providing banking services to certain hedge-fund clients. What Happened: While t...
Customers Bancorp, Inc. (NYSE:CUBI) announced a corrected dividend amount on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) and Series F (NYSE: CUBIPrF), previously announced on April 29, 2024. As corrected, the cash dividend on its Series E (NYSE: C...
Furthers Commitment to Venture Banking and Early-Stage Companies Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), is furthering its commitment as a leading partner to the venture banking and startup communities through its sixth overall venture fund inv...