Customers Bancorp (CUBI) Misses Q1 EPS by 1c; Offers FY19 & FY20 EPS Guidance Above Consensus

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Go back to Customers Bancorp (CUBI) Misses Q1 EPS by 1c; Offers FY19 & FY20 EPS Guidance Above Consensus

Customers Bancorp Reports Net Income For First Quarter 2019

April 24, 2019 4:30 PM EDT

WYOMISSING, Pa.--(BUSINESS WIRE)-- Customers Bancorp, Inc. (NYSE: CUBI) the parent company of Customers Bank (collectively Customers or "CUBI"), today reported first quarter 2019 ("Q1 2019") net income to common shareholders of $11.8 million, or $0.38 per diluted share. Core earnings for Q1 2019 also totaled $11.8 million, or $0.38 per diluted share (a non-GAAP measure).

(Dollars in thousands, except per share amounts) USD Per Share Q1 2019 Net Income to Common Shareholders (GAAP) Customers Bank Business Banking $ 11,988 $ 0.38... More