Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock
January 27 2025 - 3:30PM
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 $0.61678915 per share. The dividend is
payable on March 17, 2025, to shareholders of record on February
28, 2025.
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 $0.59290165 per share.
The dividend is payable on March 17, 2025, to shareholders of
record on February 28, 2025.
Institutional Background Customers Bancorp, Inc.
(NYSE:CUBI) is one of the nation’s top-performing banking companies
with over $22 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
- 2024 Inc. Magazine Best in Business List in Financial Services
Category
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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Jordan Baucum, Head of Corporate Communications
951-608-8314
Customers Bancorp (NYSE:CUBI)
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