Highest-materiality recent filing
Customers Bancorp Q1 EPS $1.97, deposits up 14% YoY to $21.6B
Net income available to common $69.7M ($1.97 diluted EPS); core EPS also $1.97.
Sam Sidhu's first letter: record 2025 core EPS $7.61, TBVPS $61.77; 2026 NII guidance $800-$830M
Sam Sidhu succeeded Jay Sidhu as CEO on Jan 1, 2026 in a planned multiyear transition.
Customers Bancorp reports 2025 core EPS $7.61, guides 8-12% loan/deposit growth for 2026
2025 core EPS $7.61 (vs $2.35 in 2019); revenue $818M; NIM 3.32%; core ROE 13.7%.
Customers Bancorp adopts new SERP for EVP Samvir Sidhu with $600k annual benefit
New SERP replaces prior plan; provides $50K/month ($600K/yr) lifetime benefit upon Normal Retirement Age (65).
Director Robert N. Mackay to retire from Customers Bancorp board at 2026 Annual Meeting
Robert N. Mackay informed board on March 20, 2026 of intent to retire.
Customers Bancorp authorizes $100M share repurchase program over one year
Board authorized up to $100M in common stock repurchases over one year beginning Feb 12, 2026.
Customers Bancorp appoints Stephen Wyremski as COO of Customers Bank
Stephen Wyremski named EVP & COO of Customers Bank, effective January 26, 2026.
Customers Bancorp Q4 GAAP EPS $1.98, core $2.06; record NII; guides 2026 loan growth 8-12%
Q4 net income $70.1M ($1.98/diluted EPS); core earnings $72.9M ($2.06/diluted EPS). Full-year GAAP EPS $6.26, core $7.61.
Sam Sidhu becomes CEO of Customers Bancorp and joins board; Jay Sidhu named Executive Chairman
Sam Sidhu appointed CEO effective Jan 1, 2026, succeeding Jay Sidhu under planned July 2025 succession.
Customers Bancorp issues $100M of 6.875% subordinated notes due 2036
Issued $100M aggregate principal of 6.875% Fixed-to-Floating Rate Subordinated Notes due January 15, 2036.
Customers Bancorp closes $100M offering of 6.875% subordinated notes due 2036
Offered $100M aggregate principal of 6.875% Fixed-to-Floating Subordinated Notes due 2036 at par.
Customers Bancorp to redeem all $85M Series F Preferred Stock on Dec 15, 2025
Board declares $0.5726314/share Series F quarterly dividend; payable Dec 15, record Nov 30.
Customers Bancorp Q3 net income $73.7M ($2.20 EPS); NIM 3.46%, CET1 13.0% after $163M equity raise
Q3 2025 net income available to common $73.7M, diluted EPS $2.20; core earnings $73.5M, core EPS $2.20.
Customers Bancorp appoints four new directors effective Oct 29, 2025
Board expands to 12 members with appointment of Mike Gill, Robert Krasne, Susan Looney, and Dalton Sirmans.
Customers Bancorp furnishes September 2025 investor presentation with no new material disclosures
Presentation furnished under Item 7.01 for fixed income investor meetings starting September 8, 2025.
Customers Bancorp closes ~$172.5M equity offering; 2.5M shares at $68.50
Aggregate gross proceeds ~$172.5M from 2,518,248 shares (incl. full over-allotment) at $68.50/share.
Customers Bancorp CEO Jay Sidhu to retire; son Sam Sidhu to succeed as CEO effective Jan 1, 2026
Jay Sidhu retires as CEO, becomes Executive Chairman of both Bancorp and Bank effective Jan 1, 2026.
Q2 2025 earnings press release referenced but not provided in exhibits
Q2 2025 earnings press release issued July 24, 2025; full text not provided in this filing.
Customers Bancorp files amendment disclosing execution of CFO Mark McCollom's employment agreement
Employment agreement with Mark McCollom signed June 10, 2025, effective June 2, 2025.
Customers Bancorp appoints Mark McCollom as CFO; Watkins moves to Corporate Development
Mark McCollom appointed EVP & CFO of Customers Bank (June 2) and will become Company CFO on or around August 15, 2025.
Director Daniel K. Rothermel to retire from Customers Bancorp board after 2026 annual meeting
Rothermel, lead independent director and chair of nominating and governance committee, will not stand for reelection in 2026.
Mr. Philip Watkins, currently Executive Vice President, Chief Financial Officer of the Company, will transition to Executive Vice President, Head of Corporate Development and Investor Relations, on or around August 15, 2025.
Mark McCollom has been appointed Executive Vice President, Chief Financial Officer of Customers Bank, the Company’s wholly owned subsidiary, effective June 2, 2025, and will assume the role of Executive Vice President, Chief Financial Officer of the Company from Mr. Watkins effective on or around August 15, 2025.
On May 27, 2025, Daniel K. Rothermel, who was reelected for a one-year term as a member of the board of directors of Customers Bancorp, Inc. (the “Company”) at the Company’s Annual Meeting of Shareholders held on May 27, 2025, and who is also a member of the board of directors of Customers Bank, the Company’s wholly-owned subsidiary, informed the Company that he intends to retire from the board of directors and will not stand for reelection at the Company’s 2026 Annual Meeting of Shareholders.
Max materiality 0.85 · Median 0.55 · Most common event leadership