CUBI News

CUBI announced it has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stocks Series C, D, E & F

Customers Bancorp (CUBI) delivered earnings and revenue surprises of -36.59% and 0.26%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...

Customers Bank (NYSE:CUBI) has processed loan applications totaling more than $200 million to help save American businesses and is expanding its capacity to process loans under the federal Paycheck Protection Program (PPP).

Customers Bancorp, Inc. (NYSE:CUBI) shareholders will have a reason to smile today, with the analysts making...

CUBI earnings call for the period ending March 31, 2020.

As stock prices hit record lows, executives are taking advantage of the opportunity to scoop up shares on the cheap and show confidence in the future of their companies.

Q1 2020 Customers Bancorp Inc Earnings Call

Shares of Customers Bancorp (NYSE:CUBI) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 31.58% year over year to $0.26, which missed the estimate of $0.43.Revenue of $81,321,000 rose by 37.13% from the same period last year, which beat the estimate of $79,100,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Customers Bancorp hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 04, 2020View more earnings on CUBITime: 02:01 PM ETWebcast URL: https://www.customersbank.com/investor-relations/investor-presentations/Price Action 52-week high: $25.72Company's 52-week low was at $8.59Price action over last quarter: down 49.38%Company Profile Customers Bancorp Inc is a bank holding company engaged in banking activities through its wholly owned subsidiary, Customers Bank. It provides financial products and services to small and middle market businesses, not-for-profits, and consumers through its branches and offices in Southeastern Pennsylvania, Rye Brook, Melville and New York, New York, Hamilton, New Jersey, Providence, Rhode Island, Portsmouth, New Hampshire and Boston, Massachusetts. Customers Bank also provides liquidity to the mortgage market nationwide through the operation of its loans to mortgage banking companies.See more from Benzinga * Recap: Wabtec Q1 Earnings * Recap: WEC Energy Group Q1 Earnings * Recap: Tyson Foods Q2 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The Customers Bank SBA Lending Team will work with borrowers and small businesses to assist in the economic downturn and speed Federal relief.

Customers Bancorp, Inc. (NYSE: CUBI) the parent company of Customers Bank and its operating division BankMobile (collectively "Customers" or "CUBI"), today reported first quarter 2020 ("Q1 2020") net income to common shareholders of $7.0 million, or $0.22 per diluted share. Core earnings for Q1 2020 totaled $8.1 million, or $0.26 per diluted share.

Customers Bancorp (CUBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Customers Bank (NYSE:CUBI) originated over 80,000 PPP loans nationwide helping to provide payroll for an estimated 1 million employees across America.

Anyone researching Customers Bancorp, Inc. (NYSE:CUBI) might want to consider the historical volatility of the share...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Customers Bancorp (CUBI) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, "Customers"), announced today that it will host a conference call at 11:00 AM EDT on Monday, May 4, 2020 to discuss its earnings results for the three months ending March 31, 2020. Additional comments and data will be provided regarding the Bank’s participation in the SBA Paycheck Protection Program (PPP) which is extending into the second financial quarter.

Just hours before the program was set to launch Friday morning, the SBA and Department of Treasury released final rules for how lenders need to process the loans.

Customers Bancorp (CUBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Release discloses discussions of Customers Bancorp, Inc. (CUBI) Chairman & CEO Jay Sidhu with some investors after the close of market on 3-10-20