Customers Bancorp (CUBI) Discloses Favorable Mid-Quarter Financial Trends

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Customers Bancorp Discloses Favorable Mid-Quarter Financial Trends

December 11, 2020 6:45 AM EST

WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bancorp (NYSE: CUBI) (the Company) is hosting a special webcast at 10 a.m. EST today with the investment community to discuss the pending divestiture of BankMobile Technologies, Inc. and offer commentary regarding the Companys mid-quarter financial performance. Registration information for the webcast and other details are provided later in this release.

Customers Bancorp is pleased to report that its financial performance quarter-to-date has remained favorable, despite significant headwinds stemming from the pandemic and related economic dislocation. Consistent with our expectation, asset quality has been... More