Customers Bancorp authorizes $100M share repurchase program over one year

Customers Bancorp, Inc.

Board authorized up to $100M in common stock repurchases over one year beginning Feb 12, 2026.
Repurchases may be executed via open market, private transactions, or Rule 10b5-1 plans.
CEO Sam Sidhu cited strengthened capital position and strategic execution as reasons.
Company expects to fund repurchases with cash on hand; no obligation to buy any specific number.

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