Customers Bancorp (CUBI) Tops Q4 EPS by 2c

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Go back to Customers Bancorp (CUBI) Tops Q4 EPS by 2c

Customers Bancorp Reports Full Year 2019 Net Income up 13% Over Full Year 2018 and Fourth Quarter 2019 Net Income up 68% Over Fourth Quarter 2018

January 22, 2020 4:54 PM EST

Record Q4 2019 GAAP Earnings up $10 million Over Q4 2018, and Core Earnings up $7 million

Year-end Assets Exceed $10 billion as CUBI Resumes Growth Strategy and Reaffirms Target of $3 Core EPS for 2020 and Sets Goal of $6 Core EPS for 2025

Q4 2019 GAAP Earnings Per Diluted Share of $0.75 and Q4 2019 Core Earnings Per Diluted Share of $0.76 Q4 2019 Return on Average Assets of 0.97% up 37% Over Q4 2018 and Q4 2019 Pre-Tax and Pre-Provision Adjusted Return on Average Assets of 1.59% up 42% Over Q4 2018 Q4 2019 Net Interest Margin Expands 6 Basis Points From Q3 2019 to... More