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Customers Bancorp Inc (CUBI.N)

CUBI.N on New York Stock Exchange

21.38USD
13 Sep 2019
Change (% chg)

$0.72 (+3.48%)
Prev Close
$20.66
Open
$20.99
Day's High
$21.51
Day's Low
$20.97
Volume
72,056
Avg. Vol
48,781
52-wk High
$24.91
52-wk Low
$16.75

Latest Key Developments (Source: Significant Developments)

Customers Bancorp Q1 NON-GAAP Core Earnings Per Share $0.38
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Customers Bancorp Inc ::CUSTOMERS BANCORP REPORTS NET INCOME FOR FIRST QUARTER 2019.Q1 NON-GAAP CORE EARNINGS PER SHARE $0.38.Q1 EARNINGS PER SHARE $0.38.SEES FY 2020 CORE EARNINGS PER SHARE $3.00.Q1 EARNINGS PER SHARE ESTIMATE $0.39 -- REFINITIV IBES DATA.NET INTEREST INCOME TOTALED $59.3 MILLION IN Q1 2019, A DECREASE OF $2.2 MILLION FROM Q4 2018.  Full Article

Customers Bancorp Inc - Expects 2020 Core EPS To Exceed $3.00
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Customers Bancorp Inc ::CUSTOMERS BANCORP, INC. EXPECTS 2020 CORE EPS TO EXCEED $3.00."EARNINGS EXPECTED TO SHOW SIGNIFICANT UPTICK BEGINNING IN SECOND HALF OF 2019".FY2020 EARNINGS PER SHARE VIEW $2.42 -- REFINITIV IBES DATA.TARGETING A CORE 2020 ROAA OF AT LEAST 1.0%, AND CORE ROTCE OF ABOUT 12%.  Full Article

Customers Bancorp Promotes Carla Leibold To Chief Financial Officer
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Customers Bancorp Inc ::CUSTOMERS BANCORP INC - PROMOTES CARLA LEIBOLD TO CHIEF FINANCIAL OFFICER AND JEFFREY SKUMIN TO CHIEF ACCOUNTING OFFICER.CUSTOMERS BANCORP INC - LEIBOLD REPLACES ROBERT WAHLMAN WHO IS LEAVING FOR PERSONAL REASONS AND TO PURSUE OTHER INTERESTS.  Full Article

Customers Bancorp Says BDO's Report On Internal Controls Not Reliable
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Customers Bancorp Inc ::CUSTOMERS BANCORP - DUE TO MATERIAL WEAKNESS, BDO'S REPORT ON INTERNAL CONTROLS OVER REPORTING AS OF DEC 31, 2017 SHOULD NO LONGER BE RELIED UPON.  Full Article

Customers Bancorp Q3 Earnings Per Share $0.07
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Customers Bancorp Inc ::Q3 EARNINGS PER SHARE $0.07.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.62.  Full Article

Customers Bancorp enters into amended and restated purchase agreement with Flagship
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Customers Bancorp Inc :Customers Bancorp - On Nov 17, co and Flagship Community Bank entered into an amended and restated purchase and assumption agreement.Customers Bancorp - Original purchase agreement provided for sale of Bankmobile division of Customers Bank to Flagship.Customers Bancorp - Completion of transaction was subject to a variety of conditions, including Flagship obtaining financing not less than $260 million.Customers Bancorp says Flagship was unable to obtain the financing​.Customers Bancorp says ‍amended purchase agreement contains certain termination rights for both sellers and flagship​.  Full Article

Customers Bancorp reports Q3 earnings per share $0.13
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Customers Bancorp Inc :Customers Bancorp Inc reports net income for third quarter 2017 and first nine months 2017.Q3 earnings per share $0.13.Q3 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Q3 non-GAAP earnings per share $0.61 excluding items.Customers Bancorp Inc - ‍Q3 2017 net interest income of $68.0 million increased $3.4 million, or 5.3 pct, from net interest income for q3 2016​.Customers Bancorp Inc - ‍bankmobile, previously presented as discontinued operations in financial statements was reclassified as held and used at sept 30, 2017​.Customers Bancorp Inc - expect to reach closer to targeted capital levels at year end 2017 and future years.  Full Article

Customers Bancorp Q3 earnings per share $0.34 excluding items
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Customers Bancorp Inc :Q3 earnings per share $0.34 excluding items.Q3 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Estimates Q3 2017 earnings will be approximately $4.1 million ($0.13 per diluted share)​.Customers Bancorp Inc - ‍estimates Q3 2017 non-GAAP earnings per share $0.61​.Customers Bancorp Inc - "‍change in our BankMobile disposition strategy has unfortunate effect of reducing Q3 2017 earnings by $0.32"​.  Full Article