News
CUBI
49.53
-1.08%
-0.54
Compared to Estimates, Customers Bancorp (CUBI) Q1 Earnings: A Look at Key Metrics
NASDAQ · 16h ago
Customers Bancorp (CUBI) Beats Q1 Earnings and Revenue Estimates
NASDAQ · 17h ago
Customers Bancorp Unveils Updated Operational Overview
TipRanks · 18h ago
Customers Bancorp Q1 2024 Adj EPS $1.42 Misses $1.63 Estimate, Sales $160.385M Miss $167.861M Estimate
Customers Bancorp reported quarterly earnings of $1.42 per share. The company reported quarterly sales of $160.385 million. The bank missed the analyst consensus estimate of $167.861 million by 4.45 percent. Customers bancorp also missed quarterly sales by 7.5 percent.
Benzinga · 18h ago
BRIEF-Customers Bancorp Q1 Core EPS USD 1.42
Reuters · 18h ago
*Customers Bancorp 1Q Adj EPS $1.42 >CUBI
Dow Jones · 18h ago
*Customers Bancorp 1Q EPS $1.40 >CUBI
Dow Jones · 18h ago
Press Release: Customers Bancorp Reports Results -7-
Average book value per common share is $49.29. Book value per share is less than half the average value of the company's common stock. The average book value of a common share of CUBI is $50.00. The company has a high level of profitability and a low level of risk.
Dow Jones · 18h ago
Press Release: Customers Bancorp Reports Results for First Quarter
Customers Bancorp reports results for first quarter of 2024. First quarter 2024 net income available to common shareholders was $45.9 million. Net interest margin increased to 3.10% from 3.0% in Q4 2023. The bank's non-interest bearing deposits increased by $266.4 million.
Dow Jones · 18h ago
*Customers Bancorp 1Q Net $49.7M >CUBI
Dow Jones · 18h ago
Press Release: Customers Bancorp Reports Results -3-
Consumer installment loans held for investment were $12.9 billion at March 31, 2024. Construction loans increased $19.2 billion. Specialized lending increased $97.7 million, or 2.0% quarter-over-quarter, to $5.1 billion. Consumer installment loans decreased $82.3 million.
Dow Jones · 18h ago
Press Release: Customers Bancorp Reports Results -2-
Adjusted core ROCE is 14.50%. The company's core efficiency ratio is 54.4%. The Company's net interest margin, tax and yield on loans are all in line with expectations. The company recorded a net loss for the first quarter of $17.2 million.
Dow Jones · 18h ago
Customers Bancorp Finalizes Severance Deal with Former CFO
TipRanks · 20h ago
Customers Bancorp: Q1 Earnings Snapshot
Customers Bancorp Inc. Reports first-quarter net income of $49.7 million. The bank, based in West Reading, Pennsylvania, said it had earnings of $1.40 per share. The results topped Wall Street expectations. The company posted revenue of $353 million in the period.
Barchart · 23h ago
Renasant (RNST) Q1 Earnings and Revenues Surpass Estimates
NASDAQ · 2d ago
Weekly Report: what happened at CUBI last week (0415-0419)?
Weekly Report · 4d ago
Noteworthy Friday Option Activity: TCBK, CVX, CUBI
NASDAQ · 6d ago
Wall Street Analysts Are Bullish on Top Financial Picks
TipRanks · 04/16 11:41
Analysts Offer Insights on Financial Companies: Wells Fargo (WFC), Customers Bancorp (CUBI) and Unity Bancorp (UNTY)
TipRanks · 04/15 13:50
Press Release: Customers Bancorp, Inc. to Host First Quarter 2024 Earnings Webcast on Friday, April 26, 2024
Customers Bancorp, Inc. To Host First Quarter 2024 Earnings Webcast on Friday, April 26, 2024. The company will host a webcast to report its earnings results for the three months ending March 31, 2024 . Customers Bank is one of the 80 largest bank holding companies in the U.S.
Dow Jones · 04/15 12:30
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About CUBI
Customers Bancorp, Inc. is a bank holding company, which is engaged in banking activities through its subsidiary, Customers Bank (the Bank). The Bank provides banking products, primarily loans and deposits, to businesses and consumers through its branches, limited production offices and administrative offices in Berks County and Southeastern Pennsylvania, New York, Hamilton, New Jersey, Boston, Massachusetts, and other geographies. The Bank administratively supports loans and other financial products, including equipment finance leases, to customers. It also offers venture banking loan portfolios. The Bank serves specialty businesses nationwide, including its commercial loans to mortgage companies, commercial equipment financing, SBA lending, specialty lending and consumer loans through relationships with fintech companies. The Bank’s specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare, and financial institutions group.