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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News
- CUSTOMERS BANCORP, INC. ANNOUNCEMENT: If You Have Suffered Losses in Customers Bancorp, Inc. (NYSE: CUBI), You Are Encouraged to Contact The Rosen Law Firm About Your RightsGlobeNewswire
- CUBI BREAKING NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI)PR Newswire
- Customers Bancorp, Inc. (NYSE: CUBI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- CUBI BREAKING NEWS: Customers Bancorp, Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law Firm About Ongoing Investigation into the Company (NYSE: CUBI)GlobeNewswire
- CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI)PR Newswire
CUBI
Earnings
- 10/31/24 - Miss
CUBI
Sec Filings
- 11/22/24 - Form 4
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 4
- CUBI's page on the SEC website