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Stock impact report

Customers Bancorp Q1 Earnings Call Highlights [Yahoo! Finance]

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
up 15% annualized, GAAP and core EPS of $1.97, net interest income +14% to $191.4M, and management reaffirmed 2026 guidance including 7–11% NII growth and $440–$460M of non-interest expense. Deposit mix improvement: Non-interest-bearing balances reached a record $6.7 billion (over 31% of deposits) after $400M quarter growth—driven by digital assets and the commercial franchise—while average deposit costs declined and new commercial teams added $2.1B in balances and 1,100 net commercial accounts in Q1. Leadership, AI and payments push: New CEO Sam Sidhu is executing a strategy focused on AI and the cubiX payments platform—75% of staff have AI licenses, 500+ internal AI agents built, cubiX processed ~$500B in client transaction activity with ~ $4B in period-end deposits, and the bank expects ~ $250M of new non-interest deposits from cubiX verticals soon. Interested in Customers Bancorp, Inc? Here are five stocks we like better. Customers Bancorp (NYSE:CUBI) executives highlighte Show less Read more
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