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Stock impact report

Customers Bancorp Reports Results for First Quarter 2025

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Business Wire
WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE:CUBI):First Quarter 2025 HighlightsQ1 2025 net income available to common shareholders was $9.5 million, or $0.29 per diluted share; ROAA was 0.23% and ROCE was 2.23%.Q1 2025 core earnings*1 were $50.0 million, or $1.54 per diluted share; Core ROAA* was 0.97% and Core ROCE* was 11.72%.Q1 2025 net income available to common shareholders included $39.9 million of post-tax losses in connection with a securities portfolio repositioning to improve structural liquidity, enhance credit profile, reduce asset sensitivity and benefit margin.Total loans and leases held for investment grew by $611.7 million, or 4.2%, in Q1 2025 from Q4 2024.Total deposits increased by $86.5 million or 0.5% in Q1 2025 from Q4 2024.Non-interest bearing demand deposits decreased $55.7 million or 1.0% in Q1 2025 from Q4 2024; non-interest bearing deposits represented 29.3% of total deposits at March 31, 2025.Q1 2025 average cost of deposits was 2.8 Show less Read more
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