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Customers Bancorp ( NYSE: CUBI ) is scheduled to announce Q2 earnings results on Wednesday, July 27th, after market close. The consensus EPS Estimate is $1.81 (+2.8% Y/Y) and the consensus Revenue Estimate is $159.69M (+4.9% Y/Y). Over the last 2 years, CUBI has beat...
Customers Bancorp ( NYSE: CUBI ) subsidiary Customers Bank will be consolidating its Pennsylvania branches and transferring the accounts from five branches to other branches in the region. The step is part of an overall strategy of continued national expansi...
Customers Bank, a digital-forward super-community bank with a growing number of operations across the nation and the bank subsidiary of Customers Bancorp, Inc. (NYSE:CUBI), announced today that it will be consolidating its Pennsylvania branches and transferring the accounts from five (5...
For the week, shares of Customers Bancorp (NYSE: CUBI) traded 10.5% higher after market close Thursday for no obvious reason other than the broader rally among crypto, bank, and tech stocks this week. Customers Bancorp is a roughly $19 billion asset bank headquartered in Pennsyl...
Circle's reserve assets for its USD Coin ( USDC-USD ), the second-largest stablecoin by market cap, are fully backed by cash and short-term Treasury debt, according to the stablecoin issuer's first monthly asset breakdown . Specifically, Circle's reserve assets were supporte...
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 28, 2022, to report its earnings results for the three months and six months ending June 30, 2022. The call will be ...
After remarkable loan growth during the second quarter of 2022, the growth rate will likely decelerate in the latter half of the year due to some headwinds. Both the asset and liability sides are quite sensitive to interest rate hikes. Provisioning will likely remain above normal ...
Customers Bancorp (NYSE:CUBI) reported Thursday that credit trends continue to remain stable with no notable deterioration despite the economic tightening. Delinquency rate was at 0.27% as at the end of May compared to 0.25% at the end of March quarter. The company has recorded over 98% of gr...
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively "Customers" or "CUBI"), today issued a mid-quarter financial update highlighting the following: Management expects to meet or beat guidance of $4.75-$5.00 Core EPS (excluding PPP) for full yea...
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...
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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 EST on Friday, April 26, 2024, to report its earnings results for the three months ending March 31, 2024. The webcast will be conducted by Customers...
Recruitment drive fuels distinct Single Point of Contact banking model designed to offer unparalleled client service and attention Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has onboarded 10 experienced commercial and business banking teams in New...
2024-04-08 08:15:10 ET Jefferies analyst issues BUY recommendation for CUBI on April 8, 2024 06:24AM ET. The previous analyst recommendation was Buy. CUBI was trading at $50.43 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Current anal...