Customers Bancorp Reports Record Net Income For Third Quarter 2019
Customers Bancorp, Inc (CUBI)
Last customers bancorp, inc earnings: 1/22 04:54 pm
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Source: Business Wire
Q3 2019 GAAP Earnings Up $21 million, and Core Earnings Up $3 million Over Q3 2018?Net Interest Margin Expands to 2.83% and BankMobile Reaches Profitability WYOMISSING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI) the parent company of Customers Bank and its operating division BankMobile (collectively “Customers” or "CUBI"), today reported third quarter 2019 ("Q3 2019") net income to common shareholders of $23.5 million, or $0.74 per diluted share, up from $5.7 million in second quarter 2019 ("Q2 2019") and $2.4 million in third quarter 2018 ("Q3 2018"). Core earnings for Q3 2019 totaled $23.0 million, or $0.73 per diluted share (a non-GAAP measure), up from $12.1 million in Q2 2019 and $20.1 million in Q3 2018 (non-GAAP measures). Core Q3 2019 diluted earnings per share were up 18% over Q3 2018 core diluted earnings per share (non-GAAP measures). Net interest margin, tax equivalent ("NIM") (a non-GAAP measure), expanded 19 basis points during Q3 2019 and average tot
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CUBI
News
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 31, 2025 in Customers Bancorp, Inc. Lawsuit - CUBIAccesswire
- Levi & Korsinsky Notifies Shareholders of Customers Bancorp, Inc. (CUBI) of a Class Action Lawsuit and an Upcoming DeadlineAccesswire
- Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Behalf of Customers Bancorp, Inc. (CUBI)GlobeNewswire
- Levi & Korsinsky Notifies Shareholders of Customers Bancorp, Inc. (CUBI) of a Class Action Lawsuit and an Upcoming DeadlineAccesswire
- Customers Bancorp, Inc. Is Being Sued For Securities Law Violations And The Schall Law Firm Urges Affected Shareholders To Reach Out Accesswire
CUBI
Earnings
- 10/31/24 - Miss
CUBI
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- CUBI's page on the SEC website