Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock
July 29 2024 - 7:30AM
Business Wire
Customers Bancorp, Inc. (NYSE:CUBI) announced that the Board of
Directors has declared a quarterly cash dividend on its
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
Series E (NYSE: CUBIPrE) of $0.67876078 per share. The dividend is
payable on September 16, 2024, to shareholders of record on August
31, 2024.
The Board of Directors has also declared a quarterly cash
dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual
Preferred Stock, Series F (NYSE: CUBIPrF) of $0.65487329 per share.
The dividend is payable on September 16, 2024, to shareholders of
record on August 31, 2024.
Institutional Background
Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s
top-performing banking companies with nearly $21 billion in assets,
making it one of the 80 largest bank holding companies in the U.S.
Customers Bank’s commercial and consumer clients benefit from a
full suite of technology-enabled tailored product experiences
delivered by best-in-class customer service distinguished by a
Single Point of Contact approach. In addition to traditional lines
such as C&I lending, commercial real estate lending and
multifamily lending, Customers Bank also provides a number of
national corporate banking services to specialized lending clients.
Major accolades include:
No. 1 on American Banker 2024 list of
top-performing banks with $10B to $50B in assets No. 29 out of the
100 largest publicly traded banks in 2024 Forbes Best Banks list
No. 52 on Investor’s Business Daily 100 Best Stocks for 2023
A member of the Federal Reserve System with deposits insured by
the Federal Deposit Insurance Corporation, Customers Bank is an
equal opportunity lender. Learn more: www.customersbank.com.
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David Patti, Communications Director 610-451-9452
Customers Bancorp (NYSE:CUBI)
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