---
schema_version: "secwatch.filing_event.v1"
accession: "0001488813-25-000044"
form_type: "8-K"
ticker: "CUBI"
cik: "0001488813"
company_name: "Customers Bancorp, Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T08:24:24.805596+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Customers Bancorp to redeem all $57.5M Series E preferred stock at $25/share on June 16, 2025

## Summary
- All 2,300,000 shares of Series E Preferred Stock (CUBIPrE, 9.70% dividend) to be redeemed on June 16, 2025 at $25 per share.
- Redemption expected to be accretive to EPS by $0.12 annualized; book value per share was $54.85 as of March 31, 2025.
- Holders of record on May 31, 2025 will receive regular quarterly dividend of $0.61304235 per share on redemption date.
- President Sam Sidhu cited strong capital position and robust liquidity as enabling the optimization of capital structure.
- No shares of Series E Preferred Stock will remain outstanding after the redemption.

## SEC filing metadata
- accession: 0001488813-25-000044
- form_type: 8-K
- ticker: CUBI
- cik: 0001488813
- company_name: Customers Bancorp, Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488813/000148881325000044/0001488813-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488813/000148881325000044/cubi-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001488813-25-000044
- JSON: https://secwatch.observer/filing/0001488813-25-000044.json
- Plain text: https://secwatch.observer/filing/0001488813-25-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.