Customers Bank Increases its PPP Commitment to $500 Million, Using OakNorth to Help Support America’s Small and Medium-sized Businesses
Customers Bancorp, Inc (CUBI)
Last customers bancorp, inc earnings: 1/22 04:54 pm
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=4293992
Company Research
Source: Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--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).When the national disaster was announced on March 13, Customers Bank pledged to put $200 million to work restoring the American economy. In just the past four days, the bank met that goal.PPP is chief among the tools used by the Bank’s SBA Government Guaranteed Lending and Small Business teams to get capital flowing in the economy. In just one week, the bank has accepted 500 applications, processing 300 of them so far for submittal to the Small Business Administration. These PPP loans make up the lion’s share of disaster lending to date.“We are proud to be playing a role in the recovery of the American economy,” said Jay Sidhu, Executive Chairman of Customers Bank. “Our team members have been working around the clock to get thes
Show less
Read more
Impact Snapshot
Event Time:
CUBI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CUBI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CUBI alerts
High impacting Customers Bancorp, Inc news events
Weekly update
A roundup of the hottest topics
CUBI
News
- Customers Bancorp, Inc. (NYSE: CUBI) had its price target lowered by analysts at Wedbush from $63.00 to $61.00. They now have an "outperform" rating on the stock.MarketBeat
- Compared to Estimates, Customers Bancorp (CUBI) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Customers Bancorp (CUBI) Beats Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Customers Bancorp Reports Results for First QuarterBusiness Wire
- Customers Bancorp, Inc. to Host First Quarter 2024 Earnings Webcast on Friday, April 26, 2024Business Wire
CUBI
Earnings
- 4/25/24 - Beat
CUBI
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K/A
- CUBI's page on the SEC website