Customers Bancorp to Report First Quarter 2023 Earnings

Rhea-AI Summary

Customers Bancorp, Inc. (NYSE: CUBI) will host a webcast on April 28, 2023, at 9:00 AM EDT to report its earnings for the first quarter ending March 31, 2023. The webcast will be led by company executives including Chair & CEO Jay Sidhu and CFO Carla Leibold. The earnings release will be available after market close on April 27, 2023. Customers Bancorp, with over $20 billion in assets, ranks among the top 100 bank holding companies in the U.S. Notable rankings include #34 from Forbes and #64 from Fortune Magazine for growth. Customers Bank, its primary subsidiary, is recognized for innovative banking solutions and services. The webcast will be archived for later viewing.

Positive

• Over $20 billion in assets, ranking Customers Bancorp among the top 100 bank holding companies in the U.S.
• Recognition as a pioneer in Banking-as-a-Service and digital banking products.
• #34 ranking on Forbes' list of the largest publicly traded banks in 2023.
• #64 on Fortune’s 2022 list of the 100 fastest growing companies.

Negative

• None.

WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Friday, April 28, 2023, to report its earnings results for the three months ending March 31, 2023. The call will be conducted by Customers Bancorp Chair & CEO Jay Sidhu, Customers Bancorp President and Customers Bank President & CEO Sam Sidhu, Customers Bancorp Chief Financial Officer Carla Leibold, Customers Bank CFO Phil Watkins, and Customers Bank Chief Credit Officer Andrew Bowman.

Register online for the webcast. The live audio webcast, presentation slides and earnings press release will be made available at the Customers Bank Investor Relations webpage.

The first quarter 2023 earnings press release will be issued after the market closes on Thursday, April 27, 2023.

You may submit questions in advance of the earnings webcast by emailing Communications Director David Patti.

The webcast will be archived for viewing on the Customers Bank Investor Relations page and available beginning approximately two hours after the conclusion of the live event.

Institutional Background

Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with over $20 billion in assets, making it one of the 100 largest bank holding companies in the US. Through its primary subsidiary, Customers Bank, commercial and consumer clients benefit from a full suite of technology-enabled tailored product experience delivered by best-in-class customer service. A pioneer in Banking-as-a-Service and digital banking products, Customers Bank is one of the very few banks that provides a blockchain-based 24/7/365 digital payment solution. In addition to traditional lines such as C&I lending, commercial real estate lending, and multifamily lending, Customers Bank also provides a number of national corporate banking services to Specialty Lending clients. Major accolades include:

• #34 out of the 100 largest publicly traded banks in 2023 per Forbes;
• #64 on Fortune Magazine’s 2022 list of the 100 fastest growing companies in America;
• #6 in top-performing banks with assets between $10 billion and $50 billion in 2021 per American Banker; and
• #3 top-performing bank with over $10 billion in assets at year-end 2021 per S&P Global S&P Global Market Intelligence.

A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230417005293/en/

David W. Patti

Communications Director

610-451-9452

Source: Customers Bancorp, Inc.

FAQ

When will Customers Bancorp report its Q1 2023 earnings?

Customers Bancorp will report its Q1 2023 earnings on April 28, 2023.

What time is the Customers Bancorp earnings webcast?

The earnings webcast will take place at 9:00 AM EDT on April 28, 2023.

How can I access the Customers Bank earnings press release?

The earnings press release will be available on the Customers Bank Investor Relations webpage after market close on April 27, 2023.

What are Customers Bancorp's recent rankings among U.S. banks?

Customers Bancorp is ranked #34 by Forbes and #64 by Fortune among the largest and fastest-growing banks, respectively.