Customers Bancorp (CUBI) Files $115M IPO

March 28, 2012 10:59 AM EDT
Customers Bancorp, Inc. (Nasdaq: CUBI), filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering amount is $115 million. Customers Bancorp plans to list on the Nasdaq Global Market under the ticker "CUBI."

The offering is being made through Macquarie Capital and Keefe, Bruyette & Woods.

Customers Bancorp was incorporated in Pennsylvania in April 2010 to facilitate a reorganization into a bank holding company structure pursuant to which Customers Bank became a wholly-owned subsidiary of Customers Bancorp on September 17, 2011.

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