CUBI Customers Bancorp Inc.

Customers Bancorp, Inc. Announces Dividend Correction on Its Series E and Series F Preferred Stock

Customers Bancorp, Inc. (NYSE:CUBI) announced a corrected dividend amount on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) and Series F (NYSE: CUBIPrF), previously announced on April 29, 2024. As corrected, the cash dividend on its Series E (NYSE: CUBIPrE) will be $0.700488 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024, and the cash dividend on its Series F (NYSE: CUBIPrF) will be $0.675813 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024.

Institutional Background

Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with nearly $22 billion in assets, making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. 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 specialized lending clients. Major accolades include:

No. 5 on American Banker 2023 list of top-performing banks with $10B to $50B in assets

No. 29 out of the 100 largest publicly traded banks in 2024 Forbes Best Banks list

No. 52 on Investor’s Business Daily 100 Best Stocks for 2023

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: .

EN
24/05/2024

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Reports on Customers Bancorp Inc.

 PRESS RELEASE

Customers Bancorp Announces Voting Results of Annual Shareholder Meeti...

WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bancorp (NYSE:CUBI) (the "Company"), parent company of Customers Bank (the "Bank"), held its annual shareholder meeting today and shareholders approved all proposals put to a vote. Robert J. Buford, Rajeev V. Date and Jay S. Sidhu were reelected as directors. Buford will continue to serve as member of the Board’s Audit and Risk Committees; Date will continue as chair of the Board’s Regulatory Affairs Committee and member of its Risk Committee and the Bank’s Compliance Committee; Sidhu will continue as Chairman and member of the Board’s Executive...

 PRESS RELEASE

Customers Bancorp, Inc. Announces Dividend Correction on Its Series E ...

WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bancorp, Inc. (NYSE:CUBI) announced a corrected dividend amount on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) and Series F (NYSE: CUBIPrF), previously announced on April 29, 2024. As corrected, the cash dividend on its Series E (NYSE: CUBIPrE) will be $0.700488 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024, and the cash dividend on its Series F (NYSE: CUBIPrF) will be $0.675813 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024. Instit...

 PRESS RELEASE

Customers Bank Announces Purchase of FDIC Interest in Fintech Investme...

WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), is furthering its commitment as a leading partner to the venture banking and startup communities through its sixth overall venture fund investment. After submitting a winning bid to the Federal Deposit Insurance Corporation, Customers Bank purchased a minority limited partnership interest for $5 million in the fund at an approximate 70% discount to the original cost of investment. “This investment further solidifies Customers Bank’s position as a leading partner to the ve...

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