Financials [ 10/12 ] | Banks [ 71/74 ]
NYSE | Common Stock
Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services.
The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts, as well as individual retirement accounts and non-retail time deposits consisting of jumbo certificates.
Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending; mortgage financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services.
In addition, the company provides digital banking, such as Banking-as-a-Service to fintech companies; payments and treasury services to businesses; consumer loans through fintech companies; and the TassatPay, an instant blockchain-based digital payments platform which offers instant payments, including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals.
Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services comprising account reconciliation, collections, and sweep accounts.
The company was founded in 1997 and is headquartered in West Reading, Pennsylvania.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Jan 23, 25 | 1.36 Decreased by -24.02% | 1.48 Decreased by -8.11% |
| Oct 24, 24 | 1.34 Decreased by -48.06% | 1.44 Decreased by -6.94% |
| Jul 25, 24 | 1.49 Increased by +7.19% | 1.43 Increased by +4.20% |
| Apr 25, 24 | 1.40 Decreased by -9.68% | 1.63 Decreased by -14.11% |
| Jan 25, 24 | 1.79 Increased by +132.47% | 1.72 Increased by +4.07% |
| Oct 26, 23 | 2.58 Increased by +39.46% | 1.59 Increased by +62.26% |
| Jul 27, 23 | 1.39 Decreased by -17.26% | 1.46 Decreased by -4.79% |
| Apr 27, 23 | 1.55 Decreased by -28.90% | 1.18 Increased by +31.36% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Dec 31, 24 | 151.42 M Decreased by -58.47% | 26.91 M Decreased by -56.65% | Increased by +17.78% Increased by +4.37% |
| Sep 30, 24 | 150.04 M Decreased by -29.79% | 46.74 M Decreased by -46.12% | Increased by +31.15% Decreased by -23.26% |
| Jun 30, 24 | 365.03 M Increased by +106.82% | 58.09 M Increased by +22.09% | Increased by +15.91% Decreased by -40.97% |
| Mar 31, 24 | 352.34 M Increased by +115.68% | 49.73 M Decreased by -7.44% | Increased by +14.11% Decreased by -57.08% |
| Dec 31, 23 | 364.59 M Increased by +180.91% | 62.09 M Increased by +116.27% | Increased by +17.03% Decreased by -23.01% |
| Sep 30, 23 | 213.69 M Increased by +46.42% | 86.76 M Increased by +35.74% | Increased by +40.60% Decreased by -7.29% |
| Jun 30, 23 | 176.49 M Increased by +1.97% | 47.57 M Decreased by -18.88% | Increased by +26.96% Decreased by -20.45% |
| Mar 31, 23 | 163.36 M Decreased by -11.01% | 53.72 M Decreased by -30.02% | Increased by +32.89% Decreased by -21.36% |