Customers Bancorp Posts Strong Q1 2026 Results, Growth

Customers Bancorp ( (CUBI) ) has provided an update.

Customers Bancorp reported strong first-quarter 2026 results on April 23, 2026, with net income available to common shareholders of $69.7 million, or $1.97 per diluted share, and core earnings essentially in line. The bank delivered ROAA of 1.13%, ROCE of about 13%, an efficiency ratio below 50%, and year-over-year gains in revenue, core earnings, and book value per share of 58%, 28% and 16%, respectively.

Loans and leases held for investment rose 3.7% quarter-over-quarter and 15.3% year-over-year to $17.4 billion, driven by specialized C&I, mortgage finance, and commercial real estate segments, while investment securities decreased modestly. Deposits grew 3.9% from the prior quarter and 14.0% year-over-year to $21.6 billion, with a lower average cost and record non-interest-bearing balances, as capital and tangible common equity climbed to $2.1 billion and asset quality remained strong with NPAs at 0.29% of total assets and reserves at 337% of non-performing loans.

The quarter also marked the completion of a planned leadership transition effective January 1, 2026, with Sam Sidhu succeeding Jay Sidhu as CEO and emphasizing disciplined growth in structure and credit quality. The company increased borrowings mainly through FHLB advances, enhanced liquidity coverage of uninsured deposits to roughly 151%, improved its TCE/TA ratio to 8.3%, and repurchased over 621,000 common shares, signaling confidence in its franchise strength and balance sheet resilience.

The most recent analyst rating on (CUBI) stock is a Buy with a $84.00 price target. To see the full list of analyst forecasts on Customers Bancorp stock, see the CUBI Stock Forecast page.

Spark’s Take on CUBI Stock

According to Spark, TipRanks’ AI Analyst, CUBI is a Outperform.

Overall score is supported by a strong, positive earnings-call outlook and favorable price momentum above key moving averages. This is tempered by only mid-level financial statement quality driven by normalized profitability versus 2021–2022 and historical cash-flow volatility, while valuation appears reasonable on an ~11x P/E.

To see Spark’s full report on CUBI stock, click here.

More about Customers Bancorp

Customers Bancorp, Inc., based in West Reading, Pa., operates as a commercial bank holding company focused on loans and leases to commercial and industrial clients, commercial real estate borrowers, and mortgage finance customers. The bank emphasizes specialized C&I lending, multifamily and owner-occupied CRE, and maintains a significant base of non-interest-bearing and digitally sourced deposits.

Average Trading Volume: 406,678

Technical Sentiment Signal: Buy

Current Market Cap: $2.63B

Find detailed analytics on CUBI stock on TipRanks’ Stock Analysis page.