85.62
+1.05%
Close of 9 Nov 2026, in USD
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About Customers Bancorp
From its filings with the US Securities and Exchange Commission
Customers Bancorp is based in West Reading, Pennsylvania and is incorporated in Pennsylvania. Its shares trade on NYSE under the ticker CUBI. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2020, it reported revenue of $40.2m.
Customers Bancorp and its wholly owned subsidiary, Customers Bank, provide banking products, primarily loans and deposits, to businesses and consumers through its branches, limited production offices and administrative offices in Berks County and Southeastern Pennsylvania (Bucks, Chester and Philadelphia Counties); New York (Westchester and Suffolk Counties, and Manhattan); Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; California (Southern California and the Bay Area); Nevada (Las Vegas and Reno); and other locations. The Bank has a diversified lending business consisting of geographically in-market commercial banking offerings such as commercial and industrial loans, commercial real estate loans, multifamily loans and consumer banking products such as residential mortgage loans. In addition, on a national level, the Bank provides financing to corporate businesses such as specialized lending, mortgage finance loans, commercial equipment financing and SBA lending. The Bank also offers digital banking to commercial and consumer businesses nationwide, including payments and treasury services to businesses, consumer loans through relationships with fintech companies and Banking-as-a-Service to fintech companies. The Bank’s specialized lending includes fund finance, real estate specialty finance, technology and venture, healthcare and financial institutions group and municipal finance.
Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 16 May 2013
- Employees
- 863
- Head office
- 701 READING AVENUE, WEST READING, PA, 19611
- Incorporated in
- PA
- Classification
- State Commercial Banks
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Jay SidhuChairman of the Board, Chief Executive Officer, since 2009$3.4m
- Mr. Samvir SidhuPresident, Vice Chairman; President, Chief Executive Officer of Customers Bank$2.3m
- Mr. Mark MccollomExecutive Vice President, Chief Financial Officer
- Mr. Jessie VelasquezExecutive Vice President, Chief Accounting Officer
- Mr. Nicholas RobinsonExecutive Vice President, Chief Risk Officer
- Mr. Lyle CunninghamExecutive Vice President, Chief Banking Officer$1.8m
- Mr. Glenn HeddeExecutive Vice President, President - Mortgage Warehouse Lending$668,064
- Mr. Thomas KasulkaExecutive Vice President, Chief Credit Officer$1.3m
- Mr. Philip WatkinsExecutive Vice President, Head - Corporate Development and Investor Relations$634,276
- Mr. Daniel RothermelLead Independent Director$251,669
- Ms. Andrea AllonIndependent Director$200,000
- Dr. Bernard BanksIndependent Director$191,662
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 44
- Environment
- 32
- Social
- 45
- Governance
- 56
- Women in the workforce
- 49%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Customers Bancorp Inc has several strengths that contribute to its success in the market. These strengths include:
Weaknesses
- Despite its strengths, Customers Bancorp Inc also has some weaknesses that need to be addressed. These weaknesses include:
Opportunities
- Customers Bancorp Inc can capitalize on the following opportunities in the market:
Threats
- Customers Bancorp Inc faces certain threats that could hinder its growth and profitability:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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