Edition:
United Kingdom

Customers Bancorp Inc (CUBI.N)

CUBI.N on New York Stock Exchange

18.08USD
7 Dec 2018
Change (% chg)

$-0.06 (-0.33%)
Prev Close
$18.14
Open
$18.16
Day's High
$18.49
Day's Low
$17.93
Volume
58,693
Avg. Vol
76,352
52-wk High
$32.32
52-wk Low
$17.59

Latest Key Developments (Source: Significant Developments)

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