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
- 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