Customers Banc (CUBI) Tops Q1 EPS by 3c

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Customers Bancorp Reports Record Earnings

April 28, 2015 5:06 PM EDT

WYOMISSING, PA -- (Marketwired) -- 04/28/15 --

 Q1 2015 Net Income up 71.5%, and EPS up 69.0%, over Q1 2014

 Q1 2015 Return on Equity of 12.5%

 Tangible Book Value up 13.9% from Q1 2014 to $16.94 per share

Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively "Customers"), reported earnings of $14.0 million for the quarter ended March 31, 2015 ("Q1 2015") compared to earnings of $8.1 million for the quarter ended March 31, 2014 ("Q1 2014"), an increase of $5.8 million, or 71.5%. Fully diluted earnings per share for Q1 2015 was... More

Litsas Banking Group Joins Customers Bank's Growing New York Metro Private and Commercial Banking Division

April 27, 2015 2:45 PM EDT

WYOMISSING, PA -- (Marketwired) -- 04/27/15 -- Customers Bank, a community-based, full-service business bank, today announced the addition of the Litsas Banking Group, a private client banking team that will be based in the forthcoming loan production/representative office in Melville, N.Y.

Irene Litsas will serve as senior vice president and banking group head, and will report directly to George Maroulis, executive vice president and head of Customers Bank's private and commercial banking group. Prior to joining Customers Bank, Litsas worked as vice president and relationship manager of JPMorgan Chase Bank.

Joining Litsas' group in Melville is... More