Customers Bancorp Files 8-K on Financial Condition

Ticker: CUBB · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1488813

Customers Bancorp, Inc. 8-K Filing Summary
FieldDetail
CompanyCustomers Bancorp, Inc. (CUBB)
Form Type8-K
Filed DateJan 25, 2024
Risk Levelmedium
Pages2
Reading Time3 min
Key Dollar Amounts$1.00
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-condition, regulation-fd, bank

TL;DR

**CUBI just dropped an 8-K on financial results, watch for the numbers!**

AI Summary

Customers Bancorp, Inc. filed an 8-K on January 25, 2024, to report on its financial condition and operations. This filing indicates that the company is providing an update on its performance, which is crucial for investors to understand the bank's current health and future prospects. While specific dollar amounts or detailed results are not included in this particular excerpt, the filing itself signals that financial information is being disclosed, which could impact the stock price depending on whether the results are positive or negative.

Why It Matters

This filing signals that Customers Bancorp, Inc. is releasing important financial updates, which could influence investor sentiment and the stock's valuation based on the disclosed results.

Risk Assessment

Risk Level: medium — The risk level is medium because while the filing itself is routine, the undisclosed financial results could contain either positive or negative surprises for investors.

Analyst Insight

A smart investor would look for the full financial results that this 8-K refers to, likely in an accompanying press release or subsequent filing, to assess Customers Bancorp, Inc.'s performance and make informed decisions.

Key Players & Entities

  • Customers Bancorp, Inc. (company) — the registrant filing the 8-K
  • Pennsylvania (company) — state of incorporation for Customers Bancorp, Inc.
  • 001-35542 (dollar_amount) — Commission File number
  • 27-2290659 (dollar_amount) — IRS Employer Identification No.
  • January 25, 2024 (person) — date of earliest event reported

FAQ

What is the purpose of Customers Bancorp, Inc.'s 8-K filing on January 25, 2024?

The 8-K filing by Customers Bancorp, Inc. on January 25, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', indicating an update on the company's financial performance and material non-public information.

What is the earliest event reported date in this 8-K filing?

The earliest event reported date in this 8-K filing is January 25, 2024.

Where is Customers Bancorp, Inc.'s principal executive office located?

Customers Bancorp, Inc.'s principal executive office is located at 701 Reading Avenue, West Reading, PA 19611.

What is the Commission File number for Customers Bancorp, Inc.?

The Commission File number for Customers Bancorp, Inc. is 001-35542.

Under which SEC Act is this 8-K filed?

This 8-K is filed under the 1934 Act, as indicated by 'SEC ACT: 1934 Act' in the filing values.

Filing Stats: 693 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-01-25 17:06:26

Key Financial Figures

  • $1.00 — istered Voting Common Stock, par value $1.00 per share CUBI New York Stock Exchange

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition On January 25, 2024 , Customers Bancorp, Inc. (the "Company") issued a press release announcing unaudited financial information for the quarter ended December 31, 2023, a copy of which is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure The Company has posted to its website a slide presentation which is attached hereto as Exhibit 99.2 to this Current Report on Form 8-K and incorporated into this Item 7.01 by reference. The information in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 attached hereto and incorporated by reference into Item 2.02 and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. The information in this Current Report on Form 8-K, including the exhibits attached hereto, shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit Description Exhibit 99.1 Press Release dated January 25, 2024 Exhibit 99.2 Slide presentation dated January 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. CUSTOMERS BANCORP, INC. By: /s/ Carla A. Leibold Name: Carla A. Leibold Title: Executive Vice President - Chief Financial Officer Date: January 25, 2024 EXHIBIT INDEX Exhibit No. Description 99.1 Press Release dated January 25, 2024 99.2 Slide presentation dated January 2024

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