Customers Bancorp, Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
CUBI$84.73+0.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Content
| Part I | ||
|---|---|---|
| Item 1. | Customers Bancorp, Inc. Consolidated Financial Statements as of September 30, 2025 and for the three and nine month periods ended September 30, 2025 and 2024 (unaudited) | 5 |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 59 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 93 |
| Item 4. | Controls and Procedures | 94 |
| PART II | ||
| Item 1. | Legal Proceedings | 95 |
| Item 1A. | Risk Factors | 95 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 95 |
| Item 3. | Defaults Upon Senior Securities | 95 |
| Item 4. | Mine Safety Disclosures | 95 |
| Item 5. | Other Information | 95 |
| Item 6. | Exhibits | 96 |
| SIGNATURES | 97 | |
GLOSSARY OF ABBREVIATIONS AND ACRONYMS
The following list of abbreviations and acronyms may be used throughout this Report, including Management’s Discussion and Analysis of Financial Condition and Results of Operations, the Unaudited Consolidated Financial Statements and the Notes to the Unaudited Consolidated Financial Statements.
| 2024 Share Repurchase Program | Share repurchase program authorized by the Board of Directors of Customers Bancorp in 2024 |
|---|---|
| ACL | Allowance for credit losses |
| AFS | Available for sale |
| AOCI | Accumulated other comprehensive income (loss) |
| ASC | Accounting Standards Codification |
| ASU | Accounting Standards Update |
| Bancorp | Customers Bancorp, Inc. |
| Bank | Customers Bank |
| BBB spread | BBB rated corporate bond spreads to U.S. Treasury securities |
| BM Technologies | BM Technologies, Inc. |
| BOLI | Bank-owned life insurance |
| CECL | Current expected credit losses |
| CMO | Collateralized mortgage obligation |
| CODM | Chief operating decision maker |
| Commission | U.S. Securities and Exchange Commission |
| Company | Customers Bancorp, Inc. and subsidiaries |
| COVID-19 | Coronavirus Disease 2019 |
| CPI | Consumer Price Index |
| CRA | Community Reinvestment Act |
| CUBI | Symbol for Customers Bancorp, Inc. common stock traded on the NYSE |
| Customers | Customers Bancorp, Inc. and Customers Bank, collectively |
| Customers Bancorp | Customers Bancorp, Inc. |
| DCF | Discounted cash flow |
| EVE | Economic value of equity |
| Exchange Act | Securities Exchange Act of 1934 |
| FASB | Financial Accounting Standards Board |
| FDIC | Federal Deposit Insurance Corporation |
| Fed Funds | Federal Reserve Board’s Effective Federal Funds Rate |
| Federal Reserve,Federal Reserve Board | Board of Governors of the Federal Reserve System |
| FHLB | Federal Home Loan Bank |
| FICO | Fair Isaac Corporation |
| Fintech | Third-Party Financial Technology |
| FRB | Federal Reserve Bank of Philadelphia |
| GDP | Gross domestic product |
| HTM | Held to maturity |
| LIBOR | London Interbank Offered Rate |
| LPO | Limited Purpose Office |
| MMDA | Money market deposit accounts |
| NIM | Net interest margin, tax equivalent |
| NM | Not meaningful |
| NPA | Non-performing asset |
| NPL | Non-performing loan |
| NYSE | New York Stock Exchange |
| OCI | Other comprehensive income (loss) |
| OREO | Other real estate owned |
| PCD | Purchased Credit-Deteriorated |
| PPP | Paycheck Protection Program |
| Rate Shocks | Interest rates rising or falling immediately |
| ROU | Right-of-use |
| SBA | U.S. Small Business Administration |
| SBA loans | Loans originated pursuant to the rules and regulations of the SBA |
| SEC | U.S. Securities and Exchange Commission |
|---|---|
| Securities Act | Securities Act of 1933, as amended |
| Series E Preferred Stock | Fixed-to-floating rate non-cumulative perpetual preferred stock, series E |
| Series F Preferred Stock | Fixed-to-floating rate non-cumulative perpetual preferred stock, series F |
| SERP | Supplemental Executive Retirement Plan |
| Share Repurchase Program | Share repurchase program authorized by the Board of Directors of Customers Bancorp in 2021 |
| SOFR | Secured Overnight Financing Rate |
| U.S. GAAP | Accounting principles generally accepted in the United States of America |
| VIE | Variable interest entity |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.