Customers Bancorp Files 8-K on Financials

TL;DR

CUBI filed an 8-K on 9/9/24 detailing stock and debt info.

AI Summary

Customers Bancorp, Inc. filed an 8-K on September 9, 2024, to report on Regulation FD disclosures and financial statements. The filing includes information related to common stock, Series E and F preferred stock, and subordinated debt.

Why It Matters

This filing provides an update on Customers Bancorp's financial structure, including its common and preferred stock and debt, which is important for investors to assess the company's financial health.

Risk Assessment

Risk Level: low — This is a routine filing providing financial and regulatory information without indicating any immediate adverse events.

Key Numbers

• 001-35542 — Commission File Number (Identifies the company's SEC filing history.)
• 27-2290659 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Customers Bancorp, Inc. (company) — Registrant
• Pennsylvania (jurisdiction) — State of incorporation
• 001-35542 (company) — Commission File number
• 27-2290659 (company) — IRS Employer Identification No.
• 701 Reading Avenue (location) — Principal executive offices address
• West Reading (location) — Principal executive offices city
• PA (location) — Principal executive offices state
• 19611 (location) — Principal executive offices zip
• September 9, 2024 (date) — Date of report

FAQ

Key Financial Figures

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

Filing Documents

• cubi-20240909.htm (8-K) — 35KB
• a8k090924ex991.htm (EX-99.1) — 9KB
• cubi-20240909_g1.jpg (GRAPHIC) — 66KB
• logo.jpg (GRAPHIC) — 35KB
• 0001488813-24-000085.txt ( ) — 427KB
• cubi-20240909.xsd (EX-101.SCH) — 2KB
• cubi-20240909_def.xml (EX-101.DEF) — 18KB
• cubi-20240909_lab.xml (EX-101.LAB) — 31KB
• cubi-20240909_pre.xml (EX-101.PRE) — 18KB
• cubi-20240909_htm.xml (XML) — 6KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On September 9, 2024, Customers Bancorp, Inc. (the "Company"), parent company of Customers Bank ("Customers Bank"), issued a press release announcing, among other matters, the promotion of Lyle Cunningham, previously Customers Bank's Chief Lending Officer & Head of Corporate and Specialized Banking, to Chief Banking Officer of Customers Bank, and the hiring of Nick Robinson as Chief Risk Officer of Customers Bank. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference. The information in this Current Report on Form 8-K 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 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 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 September 9, 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/ Andrew Sachs Name: Andrew Sachs Title: Executive Vice President - General Counsel and Corporate Secretary Date: September 9, 2024 EXHIBIT INDEX Exhibit Description Exhibit 99.1 Press Release dated September 9, 2024

View Full Filing

View this 8-K filing on SEC EDGAR