CUBI dividend history
Customers Bancorp Inc (CUBI) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Customers Bancorp Reports Results for First Quarter 2026Customers Bancorp, Inc. (NYSE:CUBI): First Quarter 2026 Highlights Q1 2026 net income available to common shareholders was $69.7 million, or $1.97 per diluted share; ROAA was 1.13% and ROCE was 13.16%. Q1 2026 core earnings*1 were $69.4 million, or $1.97 per diluted share; Core ROAA* was 1.13% and Core ROCE* was 13.12%. Total deposits increased $813.9 million, or 3.9% in Q1 2026 from Q4 2025, and $2.7 billion, or 14.0% from Q1 2025. Total loans increased $609.0 million, or 3.6%, in Q1 2026 from Q4 2025, and $2.3 billion, or 15.2% from Q1 2025. Non-interest bearing deposits increased $436.0 million in Q1 2026 compared to Q4 2025 to a period end record level of $6.7 billion,
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series F Preferred Stock and Announces Full Redemption of Series F Preferred StockCustomers 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 F (NYSE:CUBIPRF) of $0.5726314 per share. The dividend is payable on December 15, 2025, to shareholders of record on November 30, 2025. In addition, Customers Bancorp, Inc. is redeeming, in whole, all 3,400,000 shares ($85.0 million) of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (ticker "CUBIPrF") (the "Series F Preferred Stock") which had a current declared dividend rate of 9.06%. The redemption date for the Series F Preferred Stock Shares is December 15, 2025 (t
- Customers Bancorp Reports Results for Third Quarter 2025Customers Bancorp, Inc. (NYSE:CUBI): Third Quarter 2025 Highlights Q3 2025 net income available to common shareholders was $73.7 million, or $2.20 per diluted share; ROAA was 1.26% and ROCE was 15.57%. Q3 2025 core earnings*1 were $73.5 million, or $2.20 per diluted share; Core ROAA* was 1.25% and Core ROCE* was 15.52%. Q3 2025 net interest margin, tax equivalent ("NIM") was 3.46%, compared to Q2 2025 NIM of 3.27%, an increase of 19 basis points, primarily due to higher interest income from loan and leases and higher average non-interest bearing deposit balances. CET 1 ratio of 13.0%2 at September 30, 2025, compared to 12.1% at June 30, 2025 primarily driven by the successful
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series F Preferred StockCustomers 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 F (NYSE:CUBIPRF) of $0.59036756 per share. The dividend is payable on September 15, 2025, to shareholders of record on August 31, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing banking companies with over $22 billion in assets making it one of the 80 largest bank holding companies in the U.S. Customers Bank's commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-clas
- Customers Bancorp Reports Results for Second Quarter 2025Customers Bancorp, Inc. (NYSE:CUBI): Second Quarter 2025 Highlights Q2 2025 net income available to common shareholders was $55.8 million, or $1.73 per diluted share; ROAA was 1.09% and ROCE was 12.79%. Q2 2025 core earnings*1 were $58.1 million, or $1.80 per diluted share; Core ROAA* was 1.10% and Core ROCE* was 13.32%. Total loans and leases held for investment grew by $319.0 million, or 2.1%, in Q2 2025 from Q1 2025. Total deposits increased by $43.1 million or 0.2% in Q2 2025 from Q1 2025. Q2 2025 net interest margin, tax equivalent ("NIM") was 3.27%, compared to Q1 2025 NIM of 3.13%, an increase of 14 basis points, primarily due to higher interest income from loan grow
- Customers Bancorp, Inc. Announces Full Redemption of Series E Preferred StockCustomers Bancorp, Inc. (NYSE:CUBI) is redeeming, in whole, all 2,300,000 shares ($57.5 million) of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (ticker "CUBIPrE") (the "Series E Preferred Stock") which had a current declared dividend rate of 9.70%. The redemption date for the Series E Preferred Stock Shares is June 16, 2025 (the "Series E Redemption Date"). The cash redemption price, payable on the Series E Redemption Date, for each share of Series E Preferred Stock, will equal $25. Because the redemption date is also a dividend payment date for the Series E Preferred Stock, the redemption price does not include declared and unpaid dividends. Holders of re
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.61304235 per share. The dividend is payable on June 16, 2025, to shareholders of record on May 31, 2025. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.58915485 per share. The dividend is payable on June 16, 2025, to shareholders of record on May 31, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing bank
- Customers Bancorp Reports Results for First Quarter 2025Customers Bancorp, Inc. (NYSE:CUBI): First Quarter 2025 Highlights Q1 2025 net income available to common shareholders was $9.5 million, or $0.29 per diluted share; ROAA was 0.23% and ROCE was 2.23%. Q1 2025 core earnings*1 were $50.0 million, or $1.54 per diluted share; Core ROAA* was 0.97% and Core ROCE* was 11.72%. Q1 2025 net income available to common shareholders included $39.9 million of post-tax losses in connection with a securities portfolio repositioning to improve structural liquidity, enhance credit profile, reduce asset sensitivity and benefit margin. Total loans and leases held for investment grew by $611.7 million, or 4.2%, in Q1 2025 from Q4 2024. Total deposits
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.61678915 per share. The dividend is payable on March 17, 2025, to shareholders of record on February 28, 2025. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.59290165 per share. The dividend is payable on March 17, 2025, to shareholders of record on February 28, 2025. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-p
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.65395191 per share. The dividend is payable on December 16, 2024, to shareholders of record on November 30, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.63006441 per share. The dividend is payable on December 16, 2024, to shareholders of record on November 30, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's t
- Customers Bancorp Reports Results for Third Quarter 2024Customers Bancorp, Inc. (NYSE:CUBI): Third Quarter 2024 Highlights Q3 2024 net income available to common shareholders was $42.9 million, or $1.31 per diluted share; ROAA was 0.88% and ROCE was 10.44%. Q3 2024 core earnings*1 were $43.8 million, or $1.34 per diluted share; Core ROAA* was 0.89% and Core ROCE* was 10.66%. CET 1 ratio of 12.5%2 at September 30, 2024, compared to 12.8% at June 30, 2024, above the 11.5% target. TCE / TA ratio* of 7.7% at September 30, 2024, compared to 7.7% at June 30, 2024, above the 7.5% target. Total loans and leases held for investment grew by $520.8 million in Q3 2024 from Q2 2024 or 16% annualized. Q3 2024 deposit inflows from commercial custo
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.67876078 per share. The dividend is payable on September 16, 2024, to shareholders of record on August 31, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.65487329 per share. The dividend is payable on September 16, 2024, to shareholders of record on August 31, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's
- Customers Bancorp Reports Results for Second Quarter 2024Customers Bancorp, Inc. (NYSE:CUBI): Second Quarter 2024 Highlights Q2 2024 net income available to common shareholders was $54.3 million, or $1.66 per diluted share; ROAA was 1.11% and ROCE was 13.85%. Q2 2024 core earnings*1 were $48.6 million, or $1.49 per diluted share; Core ROAA* was 1.00% and Core ROCE* was 12.39%. CET 1 ratio of 12.8%2 at June 30, 2024, compared to 12.6% at March 31, 2024, above the approximately 11.5% target. TCE / TA ratio* of 7.7% at June 30, 2024, compared to 7.3% at March 31, 2024, above the approximately 7.5% target. Total loans and leases grew by $375.8 million in Q2 2024 from Q1 2024 or 11% annualized. Q2 2024 net interest margin, tax equi
- Customers Bancorp, Inc. Announces Dividend Correction on Its Series E and Series F Preferred StockCustomers 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:CUBIPRE) will be $0.700488 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024, and the cash dividend on its Series F (NYSE:CUBIPRF) will be $0.675813 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing banking companies with nearly $22 billion in
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.685584 per share. The dividend is payable on June 17, 2024, to shareholders of record on May 31, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.661434 per share. The dividend is payable on June 17, 2024, to shareholders of record on May 31, 2024. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing bankin
- Customers Bancorp Reports Results for First QuarterCustomers Bancorp, Inc. (NYSE:CUBI): First Quarter 2024 Highlights Q1 2024 net income available to common shareholders was $45.9 million, or $1.40 per diluted share; ROAA was 0.94% and ROCE was 12.08%. Q1 2024 core earnings* were $46.5 million, or $1.42 per diluted share; Core ROAA* was 0.95% and Core ROCE* was 12.24%. Q1 2024 adjusted core earnings* excluding certain one-time items were $55.1 million, or $1.68 per diluted share; Adjusted Core ROAA* excluding certain one-time items was 1.11% and Adjusted Core ROCE* excluding certain one-time items was 14.50%. CET 1 ratio of 12.5%1 at March 31, 2024, compared to 12.2% at December 31, 2023, above the approximately 11.5% target.
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.68163044 per share. The dividend is payable on March 15, 2024, to shareholders of record on February 29, 2024. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.65774294 per share. The dividend is payable on March 15, 2024, to shareholders of record on February 29, 2024. The company is reminding shareholders that, in accordance with Federal Reserve Board rule
- Customers Bancorp Reports Results for Fourth Quarter and Full Year 2023Customers Bancorp, Inc. (NYSE:CUBI): Fourth Quarter 2023 Highlights Q4 2023 net income available to common shareholders was $58.2 million, or $1.79 per diluted share; ROAA was 1.16% and ROCE was 15.93%. Q4 2023 core earnings* were $61.6 million, or $1.90 per diluted share; Core ROAA* was 1.22% and Core ROCE* was 16.87%. CET 1 capital ratio of 12.2%1 at December 31, 2023, compared to 11.3% at September 30, 2023, surpassing 11.0% - 11.5% target. TCE / TA ratio* of 7.0% at December 31, 2023, compared to 6.5% at September 30, 2023, achieving stated target. Q4 2023 net interest margin, tax equivalent ("NIM") was 3.31%, compared to Q3 2023 NIM of 3.70%. Q3 2023 NIM included the b
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.68319767 per share. The dividend is payable on December 15, 2023, to shareholders of record on November 30, 2023. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.65931017 per share. The dividend is payable on December 15, 2023, to shareholders of record on November 30, 2023. The company is reminding shareholders that, in accordance with Federal Reserve Boar
- Customers Bancorp Reports Results for Third Quarter 2023Customers Bancorp, Inc. (NYSE:CUBI) Third Quarter 2023 Highlights Q3 2023 net income available to common shareholders was $83.0 million, or $2.58 per diluted share; ROAA was 1.57% and ROCE was 23.97%. Q3 2023 core earnings* were $83.3 million, or $2.59 per diluted share; Core ROAA* was 1.57% and Core ROCE* was 24.06%. CET 1 capital ratio of 11.3%1 at September 30, 2023, compared to 10.3% at June 30, 2023, achieving goal of 11.0% - 11.5% one quarter earlier than expected. Q3 2023 net interest margin, tax equivalent (NIM) was 3.70%, an increase of 55 basis points over Q2 2023 NIM of 3.15%, largely resulting from higher than expected discount accretion on the Venture Banking
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.6831 per share. The dividend is payable on September 15, 2023, to shareholders of record on August 31, 2023. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.65895 per share. The dividend is payable on September 15, 2023, to shareholders of record on August 31, 2023. The company also announced that, in accordance with Federal Reserve Board rules implementing
- Customers Bancorp Reports Results for Second Quarter 2023Customers Bancorp, Inc. (NYSE:CUBI) Second Quarter 2023 Highlights Q2 2023 net income available to common shareholders was $44.0 million, or $1.39 per diluted share; ROAA was 0.88% and ROCE was 13.22%. Q2 2023 core earnings* were $52.2 million, or $1.65 per diluted share; Core ROAA* was 1.03% and Core ROCE* was 15.67%. CET 1 capital ratio of 10.3%1 at June 30, 2023, compared to 9.6% at March 31, 2023. Significant progress toward stated goal of 11.0% - 11.5% by year-end 2023. Q2 2023 net interest margin, tax equivalent (NIM) was 3.15%, an increase of 19 basis points over Q1 2023 NIM of 2.96%. Q1 2023 NIM (excluding PPP)* was 2.80% Significant positive deposit mix shift in Q2
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.63929075 per share. The dividend is payable on June 15, 2023, to shareholders of record on May 31, 2023. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.61514075 per share. The dividend is payable on June 15, 2023, to shareholders of record on May 31, 2023. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performing
- Customers Bancorp Reports Results for First Quarter 2023Customers 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; Core ROAA* was 1.05% and Core ROCE* was 16.28%. Q1 2023 core earnings excluding Paycheck Protection Program* ("PPP") were $41.5 million, or $1.28 per diluted share. Q1 2023 adjusted pre-tax pre-provision net income* was $89.3 million; adjusted pre-tax pre-provision ROAA* was 1.72%; and adjusted pre-tax pre-provision ROCE* was 27.33%. PPP loans decreased $751.9 million over Q4 2022, with less than $250 milli
- Customers Bank Introduces Loan Syndications Banking SolutionsCustomers Bank, a digital and fintech-forward super-community bank with a growing number of operations across the nation and the bank subsidiary of Customers Bancorp, Inc. (NYSE:CUBI), announced the launch of a new Loan Syndications Banking Team, expanding the bank's lending services for middle market businesses and lead deals to support the bank's existing and future national lines of business. The Loan Syndications Banking Team primarily focuses on clients in the commercial real estate, healthcare, fund finance, technology and venture, and financial institution sectors, as well as other middle market businesses, serving as the administrative agent or joint lead arranger. The team offers
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 $0.61931250 per share. The dividend is payable on March 15, 2023, to shareholders of record on February 28, 2023. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.59568750 per share. The dividend is payable on March 15, 2023, to shareholders of record on February 28, 2023. Corporate Overview Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's top-performi
- Customers Bancorp Reports Results for Full Year and Fourth Quarter 2022Customers Bancorp, Inc. (NYSE:CUBI) Full Year 2022 Highlights 2022 net income available to common shareholders was $218.4 million, or $6.51 per diluted share; ROAA was 1.13% and ROCE was 17.40%. 2022 core earnings* were $256.4 million, or $7.63 per diluted share; Core ROAA* was 1.32% and Core ROCE* was 20.43%. 2022 core earnings excluding Paycheck Protection Program* ("PPP") were $218.7 million, or $6.51 per diluted share, up 46.2% over 2021. This included a pre-tax provision release of $36.8 million, or $0.86 per diluted share, from the sale of $500.0 million of consumer installment loans in Q3 2022, and other full year 2022 core earnings (excluding PPP)* of $5.65. 2022 adjusted p
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred StockCustomers 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 $0.53289158 per share. The dividend is payable on December 15, 2022, to shareholders of record on November 30, 2022. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.50900408 per share. The dividend is payable on December 15, 2022, to shareholders of record on November 30, 2022. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation's t
- Customers Bancorp Reports Results for Third Quarter 2022Customers Bancorp, Inc. (NYSE:CUBI) Third Quarter 2022 Results Earnings Earnings Per Share Return on Assets Return on Common Equity $61.4 million $1.85 1.24% 19.33% Net Income Diluted Earnings Per Share ROAA ROCE $82.3 million $2.48 1.64% 25.91% Core Earnings* Core Earnings Per Diluted Share* Core ROAA* Core ROCE* $76.4 million $2.30 1.95% 31.01% Core Earnings, exclu
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred StockCustomers 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 $0.445233 per share. The dividend is payable on September 15, 2022, to shareholders of record on August 31, 2022. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.421083 per share. The dividend is payable on September 15, 2022, to shareholders of record on August 31, 2022. Institutional Background Customers Bancorp, Inc. (NYSE:CUBI) is a bank holding company whi
- Customers Bancorp Reports Results for Second Quarter 2022Customers Bancorp, Inc. (NYSE:CUBI) Second Quarter 2022 Results Earnings Earnings Per Share Return on Assets Return on Common Equity $56.5 million $1.68 1.2% 18.2% Net Income Diluted Earnings Per Share ROAA ROCE $59.4 million $1.77 1.2% 19.1% Core Earnings* Core Earnings Per Diluted Share* Core ROAA* Core ROCE* $46.3 million $1.38 2.1% 33.4% Core Earnings, excluding
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred StockCustomers 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 $0.381161 per share. The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.357011 per share. The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022. About Customers Bank Customers Bancorp, Inc. (NYSE:CUBI) is a bank holding company which provides financia
- Customers Bancorp Reports First Quarter 2022 ResultsQ1 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 Deposit Growth of $3.9 billion, Up 32% Year-Over-Year Q1 2022 net income available to common shareholders was $74.9 million, or $2.18 per diluted share, up 126% over Q1 2021. Q1 2022 core earnings (a non-GAAP measure) were $75.2 million, or $2.19 per diluted share, up 7% over Q1 2021. Q1 2022 core earnings excluding Paycheck Protection Program ("PPP") (a non-GAAP measure) were $50.5 million, or $1.47 per diluted share, up 12
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred StockCustomers 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 shareholders of record on February 28, 2022. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $ 0.310297 per share. The dividend is payable on March 15, 2022, to shareholders of record on February 28, 2022. About Customers Bancorp Customers Bancorp, Inc. (NYSE:CUBI) is a bank holding company which p
- Customers Bancorp Reports Record Results for Full Year 2021Record 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 2021 ROAA of 2.08% and ROCE of 33.2% Q4 2021 Loan Growth of $1.0 billion (Excluding PPP Loans and Loans to Mortgage Companies), Up 13% Over Q3 2021 Q4 2021 Tangible Book Value Increased 33% Over Q4 2020 Full year 2021 net income available to common shareholders was $300.1 million, or $8.91 per diluted share, up 153% over full year 2020. Full year 2021 core earnings (a non-GAAP measure) were $343.6 million, or $10.20 per diluted
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred StockCustomers 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 $0.33215 per share. The dividend is payable on December 15, 2021 to shareholders of record on November 30, 2021. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE:CUBIPRF) of $0.375 per share. The dividend is payable on December 15, 2021 to shareholders of record on November 30, 2021. About Customers Bank Customers Bancorp, Inc. (NYSE:CUBI) is a bank holding company which provi
- Customers Bancorp Reports Record Third Quarter 2021 ResultsNet Income of $110.2 million, or $3.25 Per Diluted Share, Up 120% Over Q3 2020 ROAA of 2.33% and ROCE of 40.82% Tangible Book Value Increased 35% Over Q3 2020 Customers Bank Instant Token (CBIT) for Real-Time Blockchain Payments Launched October 2021 Attracting $1.5 billion in Deposits Q3 2021 net income available to common shareholders was $110.2 million, or $3.25 per diluted share, up 120% over Q3 2020. Q3 2021 core earnings (a non-GAAP measure) were $113.9 million, or $3.36 per diluted share, up 178% over Q3 2020. Q3 2021 ROAA was 2.33% and Core ROAA (a non-GAAP measure) was 2.35%. Q3 2020 ROAA was 1.12% and Core ROAA (a non-GAAP measure) was 0.93%. Q3 2021 ROCE was 40.82% an
- Customers Bancorp Announces Common Stock Repurchase Plan and Updates 2021 Core EPS GuidanceCustomers Bancorp, Inc. (NYSE:CUBI) announced today that its Board of Directors authorized a new share repurchase plan to repurchase up to 10% of its outstanding common stock as of June 30, 2021 over a one-year period. "This authorization reflects the next step in our multiphase strategy to increase shareholder value," said Jay Sidhu, chairman and CEO of Customers Bancorp, Inc. "We could not be happier with where we stand today and the prospects of our company. Depending on the timing of PPP loan forgiveness, we now expect 2021 core earnings per share to be between $7.00 and $8.00, with a resulting book value of up to $37.00 per share by year-end 2021, before the effect of any common share
- Customers Bancorp Announces Full Redemption of Series C Preferred Stock and Series D Preferred StockCustomers Bancorp, Inc. (NYSE:CUBI) announced today that on September 15, 2021, it will redeem all 2,300,000 shares (the "Redeemed Series C Preferred Shares") of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (ticker "CUBIPrC") (the "Series C Preferred Stock"). The redemption price will be equal to $25 per Redeemed Series C Preferred Share. After giving effect to the redemption, no shares of the Series C Preferred Stock will remain outstanding. Customers Bancorp also announced that on September 15, 2021, it will redeem all 1,000,000 shares (the "Redeemed Series D Preferred Shares") of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series C, Series D, Series E, and Series F Preferred StockCustomers 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 C (NYSE:CUBIPRC) of $0.34620622 per share. The dividend is payable on September 15, 2021 to shareholders of record on August 31, 2021. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (NYSE:CUBIPRD) of $0.33278956 per share. The dividend is payable on September 15, 2021 to shareholders of record on August 31, 2021. The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floati
- Customers Bancorp Reports Second Quarter 2021 ResultsRecord 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 Value Increased 29% over Q2 2020 Q2 2021 net income available to common shareholders was $58.0 million, or $1.72 per diluted share, up 182% over Q2 2020. Q2 2021 core earnings (a non-GAAP measure) were $59.3 million, or $1.76 per diluted share, up 177% over Q2 2020. Q2 2021 ROAA was 1.27% and Core ROAA (a non-GAAP measure) was 1.30%. Q2 2020 ROAA was 0.62% and Core ROAA (a non-GAAP measure) was 0.68%. Q2 2021 ROCE was 23.22% and Core RO
- Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series C, Series D, Series E, and Series F Preferred StockCustomers Bancorp, Inc. (NYSE:CUBI) announced the Board of Directors declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C (NYSE:CUBIPRC) of $0.350359 per share. The dividend is payable on June 15, 2021 to shareholders of record on May 31, 2021. The Board of Directors also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (NYSE:CUBIPRD) of $0.33694233 per share. The dividend is payable on June 15, 2021 to shareholders of record on May 31, 2021. The Board of Directors declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferr
- Customers Bancorp Reports First Quarter 2021 ResultsNet Income of $33.2 million, or $1.01 Per Diluted Share, Record Core Earnings of $70.3 million, or $2.14 Per Diluted Share 5th Largest PPP Lender (Round 3) in U.S. and #1 in Peer Group ~$200 million of Expected Deferred Origination Fees Earned In Just 2.5 Months of 2021 Q1 2021 net income available to common shareholders was $33.2 million, or $1.01 per diluted share. Q1 2021 results were impacted by $38 million of one-time merger-related and tax expenses resulting from the divestiture of BankMobile Technologies, Inc. ("BMT") on January 4, 2021. These items and BMT's historical financial results for periods prior to the divestiture have been reflected in the consolidated financial stateme