Customers Bancorp (CUBI) Reports In-Line Q2 EPS

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Go back to Customers Bancorp (CUBI) Reports In-Line Q2 EPS

Customers Bancorp Reports Record Net Income for Second Quarter and First Six Months of 2016

July 20, 2016 4:15 PM EDT

WYOMISSING, PA -- (Marketwired) -- 07/20/16 --

Record Q2 2016 GAAP Net Income of $17.4 Million, Up 57.2% Over Q2 2015Record Q2 2016 Fully Diluted Earnings Per Share ("EPS") of $0.60, Up 53.8% over Q2 2015 Fully Diluted EPSRecord Six Months of 2016 Net Income of $33.8 million, Up 35.1% over First Six Months of 2015 and EPS of $1.17, Up 33.0% over First Six Months 2015Exceptional Asset Quality with NPLs only 0.17% of Total LoansAcquisition of Higher One Holdings, Inc. Disbursements Business... More