Customers Bancorp, Inc. to Host Third Quarter 2017 Earnings

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
56
Customers Bancorp, Inc. to Host Third Quarter 2017 Earnings Call on October 25, 2017

WYOMISSING, Pa., Oct. 11, 2017 (GLOBE NEWSWIRE) -- Customers Bancorp, Inc. (NYSE: CUBI ), the parent company of Customers Bank (collectively referred to as "Customers" or the “Company”), today announced that it will host a conference call at 5:00 PM ET on Wednesday, October 25, 2017 to discuss its earnings results for the three months ending September 30, 2017. The third quarter 2017 earnings press release will be issued prior to the start of the earnings call.

Date:  Wednesday, October 25, 2017 Time:  5:00 PM ET US Dial-in:  +1 (800) 243-6403 International Dial-in:  +1 (719) 325-2200 Participant Passcode:  247666

Please dial in at least 10 minutes before the start of the call to ensure timely participation. Slides accompanying the presentation will be available on the Company's website at  http://customersbank.com/investor_relations.php prior to the call.

Please submit any questions you have regarding Customers' third quarter 2017 earnings in advance to  rwahlman@customersbank.com and the executives will address them on the call. The Company will also open the lines to questions following management’s presentation of the third quarter results.  A playback of the call will be available beginning October 25, 2017 at 8:00 PM ET until 8:00 PM ET on November 24, 2017. To listen, call within the United States 888-203-1112, or 719-457-0820 when calling internationally. Please use the replay pin number 8954747.

About Customers Bancorp, Inc. and Customers Bank Customers Bancorp, Inc. is a bank holding company located in Wyomissing, Pennsylvania engaged in banking and related businesses through its bank subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank with assets of approximately $10.9 billion that was named by Forbes magazine as the 35 th Best Bank in America (there are over 6,200 banks in the United States). A member of the Federal Reserve System and with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking services to small and medium-sized businesses, professionals, individuals and families through offices in Pennsylvania, New York, Rhode Island, Massachusetts, New Hampshire and New Jersey. Committed to fostering customer loyalty, Customers Bank uses a High Tech/High Touch strategy that includes use of industry-leading technology to provide customers better access to their money, as well as Concierge Banking® by appointment at customers’ homes or offices 12 hours a day, seven days a week. Customers Bank offers a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers. BankMobile is a division of Customers Bank, offering state of the art high tech digital banking services with a high level of personal customer service.

Customers Bancorp, Inc.'s voting common shares are listed on the New York Stock Exchange under the symbol CUBI. Additional information about Customers Bancorp, Inc. can be found on the Company's website, www.customersbank.com .

"Safe Harbor" Statement In addition to historical information, this press release may contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements with respect to Customers Bancorp, Inc.'s strategies, goals, beliefs, expectations, estimates, intentions, capital raising efforts, financial condition and results of operations, future performance and business. Statements preceded by, followed by, or that include the words "may," "could," "should," "pro forma," "looking forward," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or similar expressions generally indicate a forward-looking statement. These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond Customers Bancorp, Inc.'s control). Numerous competitive, economic, regulatory, legal and technological factors, among others, could cause Customers Bancorp, Inc.'s financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements. In addition, important factors relating to the acquisition of the Disbursements business, the combination of Customers’ BankMobile business with the acquired Disbursements business and the implementation of Customers Bancorp, Inc.’s strategy regarding BankMobile, including with respect to the possible disposition of the BankMobile business, as well as the valuation of Customers Bancorp, Inc.’s equity investment in Religare Enterprises Limited, depending upon market conditions and opportunities, also could cause Customers Bancorp’s actual results to differ from those in the forward looking statements. Customers Bancorp, Inc. cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact of any future events. All forward-looking statements and information set forth herein are based on management's current beliefs and assumptions as of the date hereof and speak only as of the date they are made. For a more complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review Customers Bancorp, Inc.'s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K for the year ended December 31, 2016, subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K that update or provide information in addition to the information included in the Form 10-K and Form 10-Q filings, if any.  Customers Bancorp, Inc. does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by Customers Bancorp, Inc. or by or on behalf of Customers Bank.

Contacts: Jay Sidhu, Chairman & CEO 610-935-8693 Richard Ehst, President & COO 610-917-3263 Investor Contact: Robert Wahlman, CFO 610-743-8074

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Chemours Faces Legal Woes: Investor Actions by Dec. 7

Updated Category News Views 125

A Rough Road Ahead for Chemours Investors Well, folks, Chemours Company isn’t exactly living its best life right now. Following a tumble of 18.63% in its stock price after less-than-stellar second-quarter earnings, the legal hounds are circling the wagons. Investors who picked up shares between February 20, 2026, and August 4, 2026, might be feeling a bit sore right...

Continue Reading
Extreme Weather Survivors Rally for Change with 'Stolen Summers'

Updated Category News Views 0

Lighting a Fire Under Complacency Elections often bring out the big dogs, but rarely do you see a grassroots campaign like Extreme Weather Survivors’ 'Stolen Summers' making such ripples. Rallying from New York to North Carolina and everywhere in between, this campaign has been a clarion call for communities ravaged by Mother Nature's fury. And let's face it, the...

Continue Reading
Grupo Bimbo Climbs Rankings as Top Global Employer

Updated Category News Views 84

Grupo Bimbo’s Big Leap on the Global Stage Cranking out a solid rise in reputation, Grupo Bimbo has jumped up 107 positions to seize the 444th spot in the 2026 Forbes 'World's Best Employers' list. This isn't just a one-off headline-grabber; it's a testament to the serious work going on behind the scenes at this baking giant. Clawing its way higher from rank 551 in the...

Continue Reading
Milwaukee Cylinder Unveils Tech for Longevity in Tough Conditions

Updated Category News Views 138

Innovation Meets Contamination: ABC™ Technology Unleashed In the gritty halls of industrial manufacturing, equipment uptime can be the thin red line between profit and chaos. Milwaukee Cylinder just kicked it up a notch with their latest concoction: Active Barrier Chamber (ABC™) technology. This gizmo isn't just another shiny trinket; it's a genuine attempt to wrestle...

Continue Reading
D-Wave Quantum Faces Legal Heat: Key Investor Timelines

Updated Category News Views 76

Trouble Surfacing for D-Wave Quantum Investors It's another day, another dollar slipping out of an investor's pocket. Welcome to the circus. Today's main act? D-Wave Quantum, Inc., sporting a 9.51% drop in stock value. Now, those holding NASDAQ: QBTS shares during that class period between late February and August of 2026 might want to listen up. The lawyers over at...

Continue Reading
Tactical Comm Market: $19.39B by 2031 Amid 8.1% CAGR

Updated Category News Views 115

Riding the Tactical Communication Wave Alright, here’s something to chew on over your morning coffee. The tactical communication market is projected to balloon from USD 13.14 billion in 2026 to a whopping USD 19.39 billion by 2031. That’s an 8.1% CAGR if you’re keeping track—no small peanuts. So what's driving this surge? It’s all about security, modernization,...

Continue Reading
AAR's $1.9B Notes Offering and Strategic Moves

Updated Category News Views 59

A Look at AAR's Bold Move Big moves often come with big price tags, and AAR Corp's recent announcement is no exception. The aviation aftermarket titan recently declared a hefty $1.9 billion offering of senior notes, divided between 7.125% notes due 2031 and 7.375% notes maturing in 2034. It's a leap that signals their intent to snag a controlling interest in MRO Holdings,...

Continue Reading
Taiwan TPU Innovations Headline at COMPAMED 2026

Updated Category News Views 0

A Strong Showing from ICP DAS-BMP at COMPAMED 2026 You've got ICP DAS-BMP, a name steadily carving its niche in the medical grade thermoplastic polyurethane (TPU) arena, ready to put on a performance at the upcoming COMPAMED 2026. Taking place this November at the Messe Düsseldorf, it's where innovation meets medical tech, and ICP DAS-BMP is flexing its muscles,...

Continue Reading
Deferred Maintenance: Hidden Costs for Property Owners

Updated Category News Views 140

The Trap of Short-Term Savings Hoping to save a penny today could cost a dollar tomorrow, especially for commercial property owners choosing to delay necessary repairs. Courtenay Brack, a commercial property management guru from Charleston, South Carolina, lays it all out in a HelloNation article addressing this very issue. The Real Cost of Deferring Repairs Delaying...

Continue Reading
ENGWE Unleashes Massive Black Friday E-Bike Discounts

Updated Category News Views 102

ENGWE Powers Up the 2026 Black Friday Storm If you’ve ever been on the hunt for a reliable e-bike, ENGWE is making a racket that’ll be impossible to ignore this Black Friday. Starting November 2nd and running up to December 3rd, they’re throwing down the gauntlet with some jaw-dropping deals across their line-up. Now, why should you care? For starters, they’ve...

Continue Reading

Top 5 Most Recently Viewed Articles

KBR, Inc. Shareholders Urged to Act Before Key Deadline

Updated Category News Views 152

Critical Information for KBR, Inc. Shareholders Investors and stakeholders of KBR, Inc. (NYSE: KBR) are being reminded of an important lead plaintiff deadline approaching on November 18, 2025. This announcement aims to alert shareholders who purchased shares during the designated class period to take necessary action regarding their rights. Details of the Class Action The...

Continue Reading
BBG Opens New Office in Washington, D.C. to Expand Services

Updated Category News Views 187

BBG Expands Into Washington, D.C. with New Office DALLAS - BBG, a prominent entity in the commercial real estate valuation sector, has unveiled its newest office in Washington, D.C. This strategic establishment is spearheaded by Bruce H. Davis, Jr., MAI, SRA, who has joined BBG as the Director for the Northeast Division, bringing with him a wealth of expertise....

Continue Reading
Analyzing Clear Channel Outdoor Holdings' Q2 2025 Performance

Updated Category News Views 191

Clear Channel Outdoor Holdings, Inc. Reports Second Quarter 2025 Results Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) announced its financial results for the quarter ended June 30, 2025. The company reported a solid increase in consolidated revenue, signaling effective management strategies and growth within its advertising sectors. Financial Highlights and...

Continue Reading
Xona Strengthens Cybersecurity Solutions in APAC Region

Updated Category News Views 118

Xona Expands Cybersecurity Services Across APAC Based on recent growth and success in key global markets, leading cybersecurity company Xona Systems is deepening its commitment to provide organizations with secure access to critical infrastructure, including operational technology (OT), information technology (IT), and cloud environments. This strategic decision comes as...

Continue Reading
Leadership Transition at GSK: New Era Begins with Luke Miels

Updated Category News Views 272

Major Leadership Change at GSK plc GSK plc (NYSE: GSK) recently announced the appointment of Luke Miels as the new CEO of GSK. He is set to take over from the current CEO, Dame Emma Walmsley, officially assuming the position on January 1, 2026. Background on Luke Miels Luke has been a valuable part of the GSK team since 2017, where he initially served as the Chief...

Continue Reading