Customers Bancorp Reports Q1 2025 Earnings and Strategic Focus

Customers Bancorp ( (CUBI) ) has released its Q1 earnings. Here is a breakdown of the information Customers Bancorp presented to its investors.

Customers Bancorp, Inc., a prominent player in the banking sector, offers a comprehensive range of financial services, including commercial and consumer banking, with a focus on technology-enabled solutions and a unique Single Point of Contact service model.

In its first-quarter 2025 earnings report, Customers Bancorp reported a net income of $9.5 million, or $0.29 per diluted share, reflecting a decrease from the previous quarter. Despite the challenging economic environment, the company highlighted its strategic efforts in deposit transformation and balance sheet optimization to enhance liquidity and credit profile.

The report revealed a growth in total loans and leases by $611.7 million, a 4.2% increase from the previous quarter, and an increase in total deposits by $86.5 million. The net interest margin improved slightly to 3.13%, supported by a reduction in the average cost of deposits. However, the company faced a significant impairment loss of $51.3 million on investment securities, impacting non-interest income.

Customers Bancorp’s management remains optimistic about its strategic positioning, emphasizing its strong liquidity, robust capital ratios, and continued focus on enhancing its deposit franchise. The company aims to leverage its unique business model and investments to navigate the current economic uncertainties and achieve sustainable growth.

Looking ahead, Customers Bancorp is committed to maintaining its strategic focus on deposit transformation, risk management, and profitability improvement, positioning itself to capture market share and achieve its growth objectives in 2025 and beyond.