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Recent Updates — CUBB

October 22, 2026View Source ↗

Customers Bancorp reported third-quarter 2026 net income available to common shareholders of $78.4 million, or $2.25 per diluted share, compared to $71.6 million in the prior quarter. Total deposits reached a record $22.6 billion, up 3.8% sequentially and 10.6% year-over-year, while total loans grew 2.8% to $18.5 billion. Net interest income increased $15 million to $208 million, driven by higher loan and security balances. The company also updated its full-year 2026 guidance, raising loan growth expectations to over 12% and deposit growth to over 9%, with net interest income projected between $805 million and $810 million. Customers Bancorp operates as a commercial bank providing technology-enabled tailored product experiences.

July 27, 2026View Source ↗

Customers Bancorp, Inc. entered into a First Amended Employment Agreement with Mark R. McCollom, Executive Vice President and Chief Financial Officer, effective July 24, 2026. The amendment to his employment terms includes an automatic one-year term extension on each anniversary, a reduced notice period for termination from 60 to 45 days, a release of claims requirement for severance, and new restrictive covenants prohibiting competition for 12 months. Customers Bancorp, Inc. is a financial services company providing banking services.

July 8, 2026View Source ↗

Customers Bancorp, Inc. entered into a Supplemental Executive Retirement Plan for Lyle Cunningham on July 8, 2026, which provides monthly lifetime benefits of $12,500 upon retirement or early termination, along with change in control and disability benefits. The plan supersedes the April 2022 plan. Customers Bancorp, Inc. is a financial services company providing banking services.