---
schema_version: "secwatch.filing_event.v1"
accession: "0002039852-25-000199"
form_type: "8-K"
ticker: "CUBI"
cik: "0001488813"
company_name: "Customers Bancorp, Inc."
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:54:42.906422+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Customers Bancorp closes $100M offering of 6.875% subordinated notes due 2036

## Summary
- Offered $100M aggregate principal of 6.875% Fixed-to-Floating Subordinated Notes due 2036 at par.
- Net proceeds estimated at ~$98M after underwriting discounts and expenses.
- Proceeds for general corporate purposes, including possible partial redemption of Bank's 6.125% notes due 2029.
- Underwriters: Keefe, Bruyette & Woods, Piper Sandler & Co., and Raymond James & Associates.
- Notes are subordinated and not FDIC-insured; not deposits of the Bank.

## SEC filing metadata
- accession: 0002039852-25-000199
- form_type: 8-K
- ticker: CUBI
- cik: 0001488813
- company_name: Customers Bancorp, Inc.
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488813/000203985225000199/0002039852-25-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488813/000203985225000199/cubi-20251215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002039852-25-000199
- JSON: https://secwatch.observer/filing/0002039852-25-000199.json
- Plain text: https://secwatch.observer/filing/0002039852-25-000199.txt

## Key facts
- Material Agreements
  Customers Bancorp, Inc. entered into Underwriting Agreement with Keefe, Bruyette & Woods, Inc., Piper Sandler & Co. and Raymond James & Associates, Inc., as representatives of the several underwriters valued at $100,000,000 (effective 2025-12-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Keefe, Bruyette & Woods, Inc., Piper Sandler & Co. and Raymond James & Associates, Inc., as representatives of the several underwriters
  - Value: $100,000,000
  - Effective: 2025-12-15
  source text: On December 15, 2025, Customers Bancorp, Inc. (the “Company”) and Customers Bank (the “Bank”) completed an underwritten public offering of $100,000,000 in aggregate principal amount of its 6.875% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”) pursuant to an Underwriting Agreement (the “Underwriting Agreement”), dated as of December 15, 2025, among the Company, the Bank and Keefe, Bruyette & Woods, Inc., Piper Sandler & Co. and Raymond James & Associates, Inc., as representatives of the several underwriters named therein (the “Underwriters”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488813/000203985225000199/0002039852-25-000199-index.htm

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