earnings
confidence high
sentiment positive
materiality 0.75
Customers Bancorp Q2 2026 net income $71.6M ($2.05 EPS); deposits and loans hit record levels
Customers Bancorp, Inc.
- Net income available to common shareholders of $71.6M, or $2.05 per diluted share; core earnings $71.5M ($2.05).
- Total deposits rose 14.5% YoY to a record $21.7B; total loans up 16.9% YoY to a record $18.0B.
- Non-interest bearing deposits reached a record $6.9B, 31.8% of total deposits; efficiency ratio improved to 50.55%.
- AI loan closing pilot reduced closing time to 7 days from 30-60 days; cubiX payments platform cumulative volume surpassed $5 trillion.
- Reaffirmed full-year 2026 guidance; book value per share $65.31, up 16% YoY; TCE/TA ratio 8.3%.