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Customers Bancorp Q1 Core Earnings Decline, Revenue Rises
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Customers Bancorp Q1 Core Earnings Decline, Revenue Rises
Apr 26, 2024 2:50 AM

05:34 AM EDT, 04/26/2024 (MT Newswires) -- Customers Bancorp ( CUBI ) reported Q1 core earnings Thursday of $1.42 per diluted share, down from $1.58 a year earlier.

Analysts polled by Capital IQ expected $1.63.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $181.6 million, up from $168 million a year earlier.

Analysts polled by Capital IQ expected $164.8 million.

Price: 50.30, Change: +0.77, Percent Change: +1.55

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