Customers Bancorp, Inc 8-K, filed Oct 22, 2026

Customers Bancorp, Inc. (CUBI)

8-K 2026-10-22 For: 2026-10-22

Added on October 23, 2026

About this 8-K

Customers Bancorp, Inc filed this 8-K on October 22, 2026.

Customers Bancorp reported Q3 2026 net income of $78.4 million, or $2.25 per diluted share. Deposits rose 3.8% and loans 2.8% from Q2 2026; updated 2026 guidance calls for $805 million - $810 million of net interest income. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 9.01: Financial statements and exhibits

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Pennsylvania	001-35542	27-2290659
(State or other jurisdiction of incorporation or organization)	(Commission File number)	(IRS Employer Identification No.)


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Exhibit						Description
Exhibit 99.1						Press Release dated October 22, 2026
Exhibit 99.2						Slide presentation dated October 2026


			CUSTOMERS BANCORP, INC.

			By: /s/ Mark R. McCollom
			Name: Mark R. McCollom
			Title: Executive Vice President - Chief Financial Officer


Exhibit No.						Description
99.1						Press Release dated October 22, 2026
99.2						Slide presentation dated October 2026



*Non-GAAP measure. Customers’ reasons for the use of the non-GAAP measure and a detailed reconciliation between the non-GAAP measure and the comparable GAAP amount are included at the end of this document.
1 Includes custom GPTs and other similar AI agent products across major platforms used in the last 6 months.
2 Hours saved reflect self-reported estimates from survey of employees using AI tools. Survey data as of September 17, 2026. Self-reported estimates from periodic surveys of employees using AI tools, captured at time of submission and not subsequently re-measured or validated. Cumulative totals may include savings that have since changed.
3 Represents salary and benefits savings from positions not backfilled and open positions reduced YTD.



4 Regulatory capital ratios as of September 30, 2026 are estimates


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS - UNAUDITED

(Dollars in thousands, except per share data)		Q3			Q2			Q1			Q4			Q3			Nine Months Ended September 30,
		2026			2026			2026			2025			2025			2026			2025

GAAP Profitability Metrics:
Net income available to common shareholders		$	78,383		$	71,560		$	69,653		$	70,088		$	73,726		$	219,596		$	139,095
Per share amounts:



	Earnings per share - diluted	$	2.25		$	2.05		$	1.97		$	1.98		$	2.20		$	6.28		$	4.24
	Book value per common share	$	65.77		$	65.31		$	63.64		$	61.87		$	59.83		$	65.77		$	59.83


Return on average assets (“ROAA”)		1.16		%	1.13		%	1.13		%	1.20		%	1.26		%	1.14		%	0.87		%
Return on average common equity (“ROCE”)		14.0		%	13.2		%	13.2		%	13.3		%	15.6		%	13.5		%	10.4		%
Net interest margin, tax equivalent		3.19		%	3.17		%	3.22		%	3.40		%	3.46		%	3.19		%	3.30		%
Efficiency ratio		47.2		%	50.6		%	49.7		%	49.5		%	45.4		%	49.1		%	49.6		%
Non-GAAP Profitability Metrics (1):
Core earnings		$	79,003		$	71,457		$	69,445		$	72,851		$	73,473		$	219,905		$	181,622


Per share amounts:
	Core earnings per share - diluted	$	2.27		$	2.05		$	1.97		$	2.06		$	2.20		$	6.28		$	5.54

	Tangible book value per common share	$	65.66		$	65.20		$	63.54		$	61.77		$	59.72		$	65.66		$	59.72

Core ROAA		1.17		%	1.13		%	1.13		%	1.19		%	1.25		%	1.14		%	1.11		%

Core ROCE		14.1		%	13.2		%	13.1		%	13.8		%	15.5		%	13.5		%	13.6		%




Core efficiency ratio		47.2		%	50.6		%	49.7		%	49.5		%	45.4		%	49.1		%	49.7		%

Balance Sheet Trends:
Total assets		$	27,411,648		$	26,520,789		$	25,880,767		$	24,895,868		$	24,260,163		$	27,411,648		$	24,260,163
Total cash and investment securities		$	7,798,061		$	7,437,163		$	7,454,901		$	7,078,243		$	6,997,783		$	7,798,061		$	6,997,783
Total loans and leases		$	18,511,337		$	18,015,300		$	17,391,546		$	16,782,516		$	16,303,147		$	18,511,337		$	16,303,147
Non-interest bearing demand deposits		$	7,209,138		$	6,913,804		$	6,739,713		$	6,303,748		$	6,380,879		$	7,209,138		$	6,380,879
Total deposits		$	22,563,833		$	21,732,897		$	21,592,645		$	20,778,704		$	20,405,023		$	22,563,833		$	20,405,023
Asset Quality:
Net charge-offs		$	12,666		$	14,579		$	13,255		$	13,749		$	15,371		$	40,500		$	45,630
Annualized net charge-offs to average total loans and leases		0.28		%	0.34		%	0.32		%	0.33		%	0.39		%	0.31		%	0.40		%
Nonaccrual / non-performing loans (“NPLs”)		$	53,439		$	56,022		$	47,818		$	43,688		$	28,421		$	53,439		$	28,421
NPLs to total loans and leases		0.29		%	0.31		%	0.27		%	0.26		%	0.17		%	0.29		%	0.17		%
Reserves to NPLs		322.10		%	292.93		%	336.61		%	356.29		%	534.14		%	322.10		%	534.14		%
Non-performing assets (“NPAs”)		$	79,033		$	85,661		$	74,737		$	72,344		$	61,057		$	79,033		$	61,057
NPAs to total assets		0.29		%	0.32		%	0.29		%	0.29		%	0.25		%	0.29		%	0.25		%



CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)		Q3		Q2		Q1		Q4		Q3		Nine Months Ended September 30,
		2026		2026		2026		2025		2025		2026		2025













































Capital Metrics:
Common equity to total assets		8.0	%	8.3	%	8.3	%	8.5	%	8.4	%	8.0	%	8.4	%
Tangible common equity to tangible assets (1)		8.0	%	8.3	%	8.3	%	8.5	%	8.4	%	8.0	%	8.4	%
Common equity Tier 1 capital ratio (2)		12.6	%	12.9	%	12.9	%	13.0	%	13.0	%	12.6	%	13.0	%
Total risk based capital ratio (2)		14.5	%	14.8	%	14.9	%	15.4	%	15.3	%	14.5	%	15.3	%
Customers Bank Capital Ratios (2):
Common equity Tier 1 capital to risk-weighted assets		13.4	%	13.6	%	13.8	%	13.3	%	13.2	%	13.4	%	13.2	%

Total capital to risk-weighted assets		14.4	%	14.5	%	14.8	%	14.6	%	14.6	%	14.4	%	14.6	%
Tier 1 capital to average assets (leverage ratio)		9.1	%	9.3	%	9.4	%	8.9	%	8.8	%	9.5	%	8.8	%
Share amounts:
	Average shares outstanding - basic	33,708,023		33,796,369		34,080,834		34,170,777		32,340,813		33,860,376		31,794,547
	Average shares outstanding - diluted	34,793,166		34,905,731		35,313,835		35,396,324		33,460,055		34,990,096		32,778,447
	Shares outstanding	33,340,010		33,772,598		33,692,632		34,191,223		34,163,506		33,340,010		34,163,506


(1) Customers’ reasons for the use of these non-GAAP measures and a detailed reconciliation between the non-GAAP measures and the comparable GAAP amounts are included at the end of this document.
(2) Regulatory capital ratios are estimated for Q3 2026 and actual for the remaining periods.


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED
(Dollars in thousands, except per share data)											Nine Months Ended
	Q3		Q2		Q1		Q4		Q3		September 30,
	2026		2026		2026		2025		2025		2026		2025
Interest income:
Loans and leases	$	282,865	$	268,628	$	258,734	$	274,752	$	272,131	$	810,227	$	750,008
Investment securities	45,663		34,727		32,141		31,979		36,091		112,531		107,811
Interest earning deposits	36,548		37,628		41,830		44,862		49,639		116,006		132,525
Loans held for sale	2,896		1,280		1,235		1,432		1,589		5,411		8,156
Other	2,785		2,394		2,372		2,173		2,029		7,551		5,889
Total interest income	370,757		344,657		336,312		355,198		361,479		1,051,726		1,004,389

Interest expense:
Deposits	139,439		130,296		126,126		131,797		141,983		395,861		407,336
FHLB advances	19,216		17,109		12,935		14,490		12,945		49,260		37,463

Subordinated debt	2,723		2,723		4,621		3,355		3,251		10,067		9,692
Federal funds purchased	16		99		13		—		—		128		—
Other borrowings	1,285		1,064		1,266		1,128		1,388		3,615		3,837
Total interest expense	162,679		151,291		144,961		150,770		159,567		458,931		458,328
Net interest income	208,078		193,366		191,351		204,428		201,912		592,795		546,061
Provision for credit losses	25,434		23,067		23,372		22,337		26,543		71,873		75,621
Net interest income after provision for credit losses	182,644		170,299		167,979		182,091		175,369		520,922		470,440

Non-interest income:
Commercial lease income	15,955		15,392		15,418		14,186		11,536		46,765		33,260
Loan fees	6,249		8,673		10,506		7,420		11,443		25,428		27,784
Bank-owned life insurance	2,254		2,213		3,084		2,189		2,165		7,551		9,074
Mortgage finance transactional fees	1,308		1,332		1,306		1,339		1,298		3,946		3,406





Net gain (loss) on sale of loans and leases	964		1,061		1,044		(62)		—		3,069		2




Net gain (loss) on sale of investment securities	(292)		154		355		(27)		186		217		(1,611)
Impairment loss on debt securities	—		—		—		—		—		—		(51,319)






Other	4,928		5,218		2,603		7,471		3,563		12,749		14,711
Total non-interest income	31,366		34,043		34,316		32,516		30,191		99,725		35,307

Non-interest expense:
Salaries and employee benefits	56,269		56,037		51,294		51,744		48,723		163,600		137,245
Technology, communication and bank operations	15,107		12,891		11,643		11,388		10,415		39,641		32,109
Commercial lease depreciation	13,166		12,761		12,692		11,668		9,463		38,619		26,669
Professional services	7,766		10,024		11,695		12,390		12,281		29,485		37,988

Loan servicing	3,915		3,710		3,859		4,050		4,167		11,484		12,850
Occupancy	3,657		3,495		3,956		4,291		4,370		11,108		11,333
FDIC assessments, non-income taxes and regulatory fees	4,727		4,585		8,215		9,023		8,505		17,527		32,161
Advertising and promotion	476		481		554		812		636		1,511		1,625






Other	8,313		10,907		8,080		11,943		6,657		27,300		22,634
Total non-interest expense	113,396		114,891		111,988		117,309		105,217		340,275		314,614
Income before income tax expense	100,614		89,451		90,307		97,298		100,343		280,372		191,133
Income tax expense	22,231		17,891		20,654		22,806		24,598		60,776		41,537
















Net income	78,383		71,560		69,653		74,492		75,745		219,596		149,596
Preferred stock dividends	—		—		—		1,605		2,019		—		8,593
Loss on redemption of preferred stock	—		—		—		2,799		—		—		1,908
Net income available to common shareholders	$	78,383	$	71,560	$	69,653	$	70,088	$	73,726	$	219,596	$	139,095



Basic earnings per common share	$	2.33	$	2.12	$	2.04	$	2.05	$	2.28	$	6.49	$	4.37


Diluted earnings per common share	2.25		2.05		1.97		1.98		2.20		6.28		4.24


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025
ASSETS
Cash and due from banks	$	95,500	$	85,546	$	89,153	$	62,051	$	57,951
Interest earning deposits	3,529,465		4,093,306		4,709,051		4,349,412		4,127,688
Cash and cash equivalents	3,624,965		4,178,852		4,798,204		4,411,463		4,185,639
Investment securities, at fair value	3,571,796		2,626,717		1,993,152		1,937,646		2,010,820
Investment securities held to maturity	601,300		631,594		663,545		729,134		801,324

Loans held for sale	109,509		58,611		20,282		26,102		30,897

Loans and leases receivable	16,922,448		16,217,068		15,519,493		15,041,340		14,673,636
Loans receivable, mortgage finance, at fair value	1,400,573		1,654,795		1,758,685		1,612,997		1,486,978
Loans receivable, installment, at fair value	78,807		84,826		93,086		102,077		111,636
Allowance for credit losses on loans and leases	(172,125)		(164,106)		(160,962)		(155,656)		(151,809)
Total loans and leases receivable, net of allowance for credit losses on loans and leases	18,229,703		17,792,583		17,210,302		16,600,758		16,120,441
FHLB, Federal Reserve Bank, and other restricted stock	146,161		144,971		117,880		110,411		103,290
Accrued interest receivable	113,421		103,125		105,002		103,626		106,379
Bank premises and equipment, net	19,191		19,773		15,749		16,745		15,340
Bank-owned life insurance	312,480		310,312		306,927		305,503		303,212
Other real estate owned	12,568		12,568		12,506		12,432		12,432
Goodwill and other intangibles	3,629		3,629		3,629		3,629		3,629

Other assets	666,925		638,054		633,589		638,419		566,760

Total assets	$	27,411,648	$	26,520,789	$	25,880,767	$	24,895,868	$	24,260,163

LIABILITIES AND SHAREHOLDERS’ EQUITY
Demand, non-interest bearing deposits	$	7,209,138	$	6,913,804	$	6,739,713	$	6,303,748	$	6,380,879
Interest bearing deposits	15,354,695		14,819,093		14,852,932		14,474,956		14,024,144
Total deposits	22,563,833		21,732,897		21,592,645		20,778,704		20,405,023


Federal funds purchased	—		—		70,000		—		—
FHLB advances	2,137,182		2,059,163		1,561,655		1,325,068		1,195,437
Other borrowings	99,313		99,278		99,243		99,208		99,173
Subordinated debt	171,867		171,741		171,614		281,147		182,718


Accrued interest payable and other liabilities	246,753		252,018		241,310		296,224		251,753

Total liabilities	25,218,948		24,315,097		23,736,467		22,780,351		22,134,104

Preferred stock	—		—		—		—		82,201
Common stock	36,544		36,485		36,312		36,189		36,161
Additional paid in capital	675,689		669,114		669,112		666,756		662,252
Retained earnings	1,754,790		1,676,407		1,604,847		1,535,194		1,465,106
Accumulated other comprehensive income (loss), net	(118,011)		(58,346)		(54,657)		(54,050)		(51,089)
Treasury stock, at cost	(156,312)		(117,968)		(111,314)		(68,572)		(68,572)
Total shareholders’ equity	2,192,700		2,205,692		2,144,300		2,115,517		2,126,059
Total liabilities and shareholders’ equity	$	27,411,648	$	26,520,789	$	25,880,767	$	24,895,868	$	24,260,163


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
AVERAGE BALANCE SHEET / NET INTEREST MARGIN - UNAUDITED
(Dollars in thousands)
	Three Months Ended
	September 30, 2026					June 30, 2026					September 30, 2025
	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)
Assets
Interest earning deposits	$	3,899,455	$	36,548	3.67%	$	4,064,683	$	37,628	3.66%	$	4,409,220	$	49,639	4.47%
Investment securities (1)	3,925,752		45,663		4.65%	2,982,966		34,727		4.66%	2,931,351		36,091		4.88%
Loans and leases:




Commercial and industrial loans and leases: (2)
Corporate banking loans and leases	7,851,715		132,916		6.72%	7,513,518		127,198		6.79%	6,664,038		123,660		7.36%
Geographic and other commercial and industrial loans	2,202,293		35,560		6.41%	2,240,142		34,626		6.20%	2,145,416		48,467		8.96%

Mortgage finance loans	1,509,016		18,310		4.81%	1,590,328		17,078		4.31%	1,478,871		18,454		4.95%
Multifamily loans	2,668,582		32,060		4.77%	2,492,956		29,118		4.68%	2,306,373		25,931		4.46%

Non-owner occupied commercial real estate loans	2,103,198		32,440		6.12%	2,003,968		29,842		5.97%	1,635,937		24,148		5.86%
Residential mortgages	540,836		6,504		4.80%	527,816		6,265		4.75%	551,436		6,647		4.78%
Installment loans	1,032,560		27,971		10.75%	947,935		25,781		10.91%	938,890		26,413		11.16%




Total loans and leases (3)	17,908,200		285,761		6.33%	17,316,663		269,908		6.25%	15,720,961		273,720		6.91%
Other interest-earning assets	185,860		2,785		5.95%	174,621		2,394		5.50%	140,011		2,029		5.75%
Total interest-earning assets	25,919,267		370,757		5.67%	24,538,933		344,657		5.62%	23,201,543		361,479		6.19%
Non-interest-earning assets	840,905					828,466					729,180

Total assets	$	26,760,172				$	25,367,399				$	23,930,723
Liabilities
Interest checking accounts	$	5,296,900	$	43,330	3.25%	$	5,075,436	$	41,077	3.25%	$	4,983,168	$	48,105	3.83%
Money market deposit accounts	5,122,505		44,997		3.49%	4,593,765		39,880		3.48%	4,360,446		42,980		3.91%
Other savings accounts	1,501,599		12,755		3.37%	1,655,029		13,943		3.38%	1,485,652		14,724		3.93%
Certificates of deposit	3,684,179		38,357		4.13%	3,438,721		35,396		4.13%	3,108,831		36,174		4.62%
Total interest-bearing deposits (4)	15,605,183		139,439		3.55%	14,762,951		130,296		3.54%	13,938,097		141,983		4.04%
Federal funds purchased	1,576		16		4.00%	10,659		99		3.75%	—		—		—%

Borrowings	2,140,676		23,224		4.31%	1,989,478		20,896		4.21%	1,429,981		17,584		4.88%
Total interest-bearing liabilities	17,747,435		162,679		3.64%	16,763,088		151,291		3.62%	15,368,078		159,567		4.12%
Non-interest-bearing deposits (4)	6,529,941					6,183,251					6,362,360
Total deposits and borrowings	24,277,376				2.66%	22,946,339				2.64%	21,730,438				2.91%
Other non-interest-bearing liabilities	254,503					249,563					239,969

Total liabilities	24,531,879					23,195,902					21,970,407
Shareholders’ equity	2,228,293					2,171,497					1,960,316
Total liabilities and shareholders’ equity	$	26,760,172				$	25,367,399				$	23,930,723
Net interest income			208,078					193,366					201,912
Tax-equivalent adjustment			672					790					360
Net interest earnings			$	208,750				$	194,156				$	202,272
Interest spread					3.02%					2.98%					3.27%
Net interest margin					3.18%					3.15%					3.46%
Net interest margin tax equivalent (5)					3.19%					3.17%					3.46%















(1) For presentation in this table, average balances and the corresponding average yields for investment securities are based upon historical cost, adjusted for amortization of premiums and accretion of discounts.
(2) Includes owner occupied commercial real estate loans.
(3) Includes non-accrual loans, the effect of which is to reduce the yield earned on loans and leases, and deferred loan fees.

(4) Total costs of deposits (including interest bearing and non-interest bearing) were 2.50%, 2.50% and 2.77% for the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(5) Tax-equivalent basis, using an estimated marginal tax rate of 21% for the three months ended September 30, 2026 and June 30, 2026 and 26% for the three months ended September 30, 2025, presented to approximate interest income as a taxable asset.


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
PERIOD END LOAN AND LEASE COMPOSITION - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025
Loans and leases held for investment
Commercial:




Commercial and industrial:
Corporate banking	$	7,786,058	$	7,095,862	$	6,815,740	$	6,529,609	$	6,575,844
Geographic and other	1,560,267		1,658,693		1,586,215		1,594,182		1,563,949

Mortgage finance	1,470,758		1,730,041		1,831,408		1,700,380		1,577,038
Multifamily	2,668,192		2,623,964		2,510,697		2,490,336		2,356,590
Commercial real estate owner occupied	1,221,205		1,270,575		1,279,501		1,135,119		1,058,741
Commercial real estate non-owner occupied	2,066,642		1,888,040		1,742,989		1,738,821		1,582,332
Construction	158,914		216,832		204,999		162,966		123,290

Total commercial loans and leases	16,932,036		16,484,007		15,971,549		15,351,413		14,837,784
Consumer:
Residential	512,410		508,187		495,458		497,567		514,544
Manufactured housing	23,451		24,763		26,065		27,452		28,749

Installment:
Personal	645,794		647,149		599,302		581,340		570,768
Other	288,137		292,583		278,890		298,642		320,405
Total installment loans	933,931		939,732		878,192		879,982		891,173

Total consumer loans	1,469,792		1,472,682		1,399,715		1,405,001		1,434,466
Total loans and leases held for investment	$	18,401,828	$	17,956,689	$	17,371,264	$	16,756,414	$	16,272,250

Loans held for sale
Commercial:








Commercial real estate non-owner occupied	$	—	$	—	$	—	$	—	$	4,700

Total commercial loans and leases	—		—		—		—		4,700
Consumer:
Residential	3,169		2,528		1,767		1,851		2,229

Installment:
Personal	104,626		53,101		17,056		23,357		23,728
Other	1,714		2,982		1,459		894		240
Total installment loans	106,340		56,083		18,515		24,251		23,968

Total consumer loans	109,509		58,611		20,282		26,102		26,197
Total loans held for sale	$	109,509	$	58,611	$	20,282	$	26,102	$	30,897

Total loans and leases portfolio	$	18,511,337	$	18,015,300	$	17,391,546	$	16,782,516	$	16,303,147


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
PERIOD END DEPOSIT COMPOSITION - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025

Demand, non-interest bearing	$	7,209,138	$	6,913,804	$	6,739,713	$	6,303,748	$	6,380,879
Demand, interest bearing	5,104,467		5,107,649		5,085,040		5,049,151		5,050,437
Total demand deposits	12,313,605		12,021,453		11,824,753		11,352,899		11,431,316
Savings	1,446,920		1,555,932		1,742,652		1,731,010		1,554,533
Money market	5,147,263		4,592,851		4,604,981		4,398,827		4,339,371
Time deposits	3,656,045		3,562,661		3,420,259		3,295,968		3,079,803
Total deposits	$	22,563,833	$	21,732,897	$	21,592,645	$	20,778,704	$	20,405,023


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY - UNAUDITED
(Dollars in thousands)
	As of September 30, 2026						As of June 30, 2026						As of September 30, 2025
Loan type	Total loans		Allowance for credit losses		Total reserves to total loans		Total loans		Allowance for credit losses		Total reserves to total loans		Total loans		Allowance for credit losses		Total reserves to total loans
Commercial:



Commercial and industrial	$	9,416,510	$	39,790	0.42	%	$	8,829,801	$	40,158	0.45	%	$	8,229,853	$	34,395	0.42	%



Multifamily	2,668,192		48,328		1.81	%	2,623,964		29,324		1.12	%	2,356,590		19,973		0.85	%
Commercial real estate owner occupied	1,221,205		4,451		0.36	%	1,270,575		10,226		0.80	%	1,058,741		10,991		1.04	%
Commercial real estate non-owner occupied	2,066,642		10,157		0.49	%	1,888,040		13,503		0.72	%	1,582,332		19,784		1.25	%
Construction	158,914		1,633		1.03	%	216,832		2,803		1.29	%	123,290		1,978		1.60	%

Total commercial loans and leases receivable	15,531,463		104,359		0.67	%	14,829,212		96,014		0.65	%	13,350,806		87,121		0.65	%

Consumer:
Residential	512,410		6,749		1.32	%	508,187		6,251		1.23	%	514,544		6,345		1.23	%
Manufactured housing	23,451		2,493		10.63	%	24,763		3,244		13.10	%	28,749		3,508		12.20	%
Installment	855,124		58,524		6.84	%	854,906		58,597		6.85	%	779,537		54,835		7.03	%



Total consumer loans receivable	1,390,985		67,766		4.87	%	1,387,856		68,092		4.91	%	1,322,830		64,688		4.89	%

Loans and leases receivable held for investment	16,922,448		172,125		1.02	%	16,217,068		164,106		1.01	%	14,673,636		151,809		1.03	%


Loans receivable, mortgage finance, at fair value	1,400,573		—		—	%	1,654,795		—		—	%	1,486,978		—		—	%
Loans receivable, installment, at fair value	78,807		—		—	%	84,826		—		—	%	111,636		—		—	%
Loans held for sale	109,509		—		—	%	58,611		—		—	%	30,897		—		—	%

Total loans and leases portfolio	$	18,511,337	$	172,125	0.93	%	$	18,015,300	$	164,106	0.91	%	$	16,303,147	$	151,809	0.93	%


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY - UNAUDITED (CONTINUED)
(Dollars in thousands)
	As of September 30, 2026						As of June 30, 2026						As of September 30, 2025
Loan type	Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs		Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs		Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs
Commercial:



Commercial and industrial	$	25,507	0.27	%	156.00	%	$	22,828	0.26	%	175.92	%	$	4,430	0.05	%	776.41	%



Multifamily	9,360		0.35	%	516.32	%	14,205		0.54	%	206.43	%	—		—	%	—	%
Commercial real estate owner occupied	5,550		0.45	%	80.20	%	5,692		0.45	%	179.66	%	3,932		0.37	%	279.53	%
Commercial real estate non-owner occupied	135		0.01	%	7523.70	%	135		0.01	%	10002.22	%	—		—	%	—	%
Construction	—		—	%	—	%	—		—	%	—	%	—		—	%	—	%

Total commercial loans and leases receivable	40,552		0.26	%	257.35	%	42,860		0.29	%	224.02	%	8,362		0.06	%	1041.87	%

Consumer:
Residential	6,178		1.21	%	109.24	%	6,740		1.33	%	92.74	%	7,631		1.48	%	83.15	%
Manufactured housing	1,015		4.33	%	245.62	%	1,047		4.23	%	309.84	%	1,315		4.57	%	266.77	%
Installment	4,218		0.49	%	1387.48	%	4,075		0.48	%	1437.96	%	4,225		0.54	%	1297.87	%



Total consumer loans receivable	11,411		0.82	%	593.87	%	11,862		0.85	%	574.03	%	13,171		1.00	%	491.14	%

Loans and leases receivable	51,963		0.31	%	331.25	%	54,722		0.34	%	299.89	%	21,533		0.15	%	705.01	%


Loans receivable, mortgage finance, at fair value	—		—	%	—	%	—		—	%	—	%	—		—	%	—	%
Loans receivable, installment, at fair value	1,326		1.68	%	—	%	1,231		1.45	%	—	%	1,872		1.68	%	—	%
Loans held for sale	150		0.14	%	—	%	69		0.12	%	—	%	5,016		16.23	%	—	%

Total loans and leases portfolio	$	53,439	0.29	%	322.10	%	$	56,022	0.31	%	292.93	%	$	28,421	0.17	%	534.14	%


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
NET CHARGE-OFFS/(RECOVERIES) - UNAUDITED
(Dollars in thousands)
	Q3		Q2		Q1		Q4		Q3		Nine Months Ended September 30,
	2026		2026		2026		2025		2025		2026		2025
Loan type




Commercial and industrial	$	5,584	$	2,648	$	2,576	$	1,620	$	2,180	$	10,808	$	9,282



Multifamily	(251)		4,880		2,630		4,612		—		7,259		3,834
Commercial real estate owner occupied	(175)		(332)		(5)		(40)		335		(512)		762
Commercial real estate non-owner occupied	—		—		—		(225)		3,073		—		3,073
Construction	—		—		—		—		—		—		(6)
Residential	—		20		—		16		25		20		21
Installment	7,508		7,363		8,054		7,766		9,758		22,925		28,664




Total net charge-offs (recoveries) from loans held for investment	$	12,666	$	14,579	$	13,255	$	13,749	$	15,371	$	40,500	$	45,630


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
LOANS AND LEASES RISK RATINGS - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025
Loans and leases (1) risk ratings:
Commercial loans and leases
Pass	$	15,124,187	$	14,434,943	$	13,803,943	$	13,316,507	$	12,927,467
Special Mention	134,422		132,704		159,714		216,462		187,794
Substandard	268,813		257,517		245,028		200,779		230,079

Total commercial loans and leases	15,527,422		14,825,164		14,208,685		13,733,748		13,345,340
Consumer loans
Performing	1,379,482		1,375,438		1,294,311		1,287,408		1,308,987
Non-performing	11,503		12,418		12,318		15,516		13,843
Total consumer loans	1,390,985		1,387,856		1,306,629		1,302,924		1,322,830
Loans and leases receivable (1)	$	16,918,407	$	16,213,020	$	15,515,314	$	15,036,672	$	14,668,170


Core Earnings - Customers Bancorp																					Nine Months Ended September 30,
	Q3 2026				Q2 2026				Q1 2026				Q4 2025				Q3 2025				2026				2025
(Dollars in thousands, except per share data)	USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share
GAAP net income to common shareholders	$	78,383	$	2.25	$	71,560	$	2.05	$	69,653	$	1.97	$	70,088	$	1.98	$	73,726	$	2.20	$	219,596	$	6.28	$	139,095	$	4.24
Reconciling items (after tax):







Impairment loss on debt securities	—		—		—		—		—		—		—		—		—		—		—		—		39,875		1.22


(Gains) losses on investment securities	620		0.02		(103)		0.00		(208)		(0.01)		(36)		0.00		(253)		(0.01)		309		0.01		1,011		0.03


Derivative credit valuation adjustment	—		—		—		—		—		—		—		—		—		—		—		—		210		0.01





Loss on redemption of preferred stock	—		—		—		—		—		—		2,799		0.08		—		—		—		—		1,908		0.06

Unrealized (gain) loss on loans held for sale	—		—		—		—		—		—		—		—		—		—		—		—		295		0.01
Loan program termination fees	—		—		—		—		—		—		—		—		—		—		—		—		(772)		(0.02)
Core earnings	$	79,003	$	2.27	$	71,457	$	2.05	$	69,445	$	1.97	$	72,851	$	2.06	$	73,473	$	2.20	$	219,905	$	6.28	$	181,622	$	5.54


Core Return on Average Assets - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
GAAP net income	$	78,383		$	71,560		$	69,653		$	74,492		$	75,745		$	219,596		$	149,596








Impairment loss on debt securities	—			—			—			—			—			—			39,875


(Gains) losses on investment securities	620			(103)			(208)			(36)			(253)			309			1,011


Derivative credit valuation adjustment	—			—			—			—			—			—			210






Unrealized (gain) loss on loans held for sale	—			—			—			—			—			—			295
Loan program termination fees	—			—			—			—			—			—			(772)
Core earnings	$	79,003		$	71,457		$	69,445		$	74,456		$	75,492		$	219,905		$	190,215








Average total assets	$	26,760,172		$	25,367,399		$	24,920,977		$	24,721,373		$	23,930,723		$	25,689,603		$	22,875,476

Core return on average assets	1.17		%	1.13		%	1.13		%	1.19		%	1.25		%	1.14		%	1.11		%


Core Return on Average Common Equity - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
GAAP net income to common shareholders	$	78,383		$	71,560		$	69,653		$	70,088		$	73,726		$	219,596		$	139,095
Reconciling items (after tax):







Impairment loss on debt securities	—			—			—			—			—			—			39,875


(Gains) losses on investment securities	620			(103)			(208)			(36)			(253)			309			1,011


Derivative credit valuation adjustment	—			—			—			—			—			—			210





Loss on redemption of preferred stock	—			—			—			2,799			—			—			1,908

Unrealized (gain) loss on loans held for sale	—			—			—			—			—			—			295
Loan program termination fees	—			—			—			—			—			—			(772)
Core earnings	$	79,003		$	71,457		$	69,445		$	72,851		$	73,473		$	219,905		$	181,622








Average total common shareholders’ equity	$	2,228,293		$	2,171,497		$	2,146,518		$	2,093,510		$	1,878,115		$	2,182,437		$	1,787,227

Core return on average common equity	14.1		%	13.2		%	13.1		%	13.8		%	15.5		%	13.5		%	13.6		%


Core Efficiency Ratio - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
GAAP net interest income	$	208,078		$	193,366		$	191,351		$	204,428		$	201,912		$	592,795		$	546,061

GAAP non-interest income (loss)	$	31,366		$	34,043		$	34,316		$	32,516		$	30,191		$	99,725		$	35,307



(Gains) losses on investment securities	796			(130)			(269)			(47)			(334)			397			1,303
Derivative credit valuation adjustment	—			—			—			—			—			—			270



Unrealized (gain) loss on loans held for sale	—			—			—			—			—			—			378
Impairment loss on debt securities	—			—			—			—			—			—			51,319
Loan program termination fees	—			—			—			—			—			—			(1,000)


Core non-interest income	32,162			33,913			34,047			32,469			29,857			100,122			87,577
Core revenue	$	240,240		$	227,279		$	225,398		$	236,897		$	231,769		$	692,917		$	633,638


GAAP non-interest expense	$	113,396		$	114,891		$	111,988		$	117,309		$	105,217		$	340,275		$	314,614








Core non-interest expense	$	113,396		$	114,891		$	111,988		$	117,309		$	105,217		$	340,275		$	314,614








Core efficiency ratio (1)	47.2		%	50.6		%	49.7		%	49.5		%	45.4		%	49.1		%	49.7		%


Tangible Book Value per Common Share - Customers Bancorp

(Dollars in thousands, except share and per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025
GAAP total shareholders’ equity	$	2,192,700	$	2,205,692	$	2,144,300	$	2,115,517	$	2,126,059
Reconciling Items:

Preferred stock	—		—		—		—		(82,201)
Goodwill and other intangibles	(3,629)		(3,629)		(3,629)		(3,629)		(3,629)
Tangible common equity	$	2,189,071	$	2,202,063	$	2,140,671	$	2,111,888	$	2,040,229

Common shares outstanding	33,340,010		33,772,598		33,692,632		34,191,223		34,163,506

Tangible book value per common share	$	65.66	$	65.20	$	63.54	$	61.77	$	59.72