Forbes Names Customers Bank One of America's Best Banks
February 18 2025 - 7:30AM
Business Wire
Seventh year Bank has earned recognition
Customers Bank, the over $22 billion asset subsidiary of
Customers Bancorp (NYSE: CUBI), has been named one of America’s
Best Banks by Forbes. This is the seventh year Customers Bank has
earned this important recognition.
Forbes’ 16th annual America’s Best Banks list looks at the 200
largest publicly traded banks and thrifts by assets. It then ranks
the top 100 by measuring growth, credit quality and profitability
for the 12 months ending September 30, 2024, and stock performance
for the 12 months ending January 10, 2025.
“Customers Bank is thrilled to be recognized as one of America’s
Best Banks,” said Sam Sidhu, president and CEO of Customers Bank.
“We adhere to a unique operating model that is anchored around a
single point of contact, a focused product offering and a culture
of exceptional customer service. This recognition from Forbes
highlights our financial strength and commitment to outstanding
credit quality.”
Introduced in 2008, Forbes’ annual America's Best Banks list
evaluates net interest margin, return on average tangible common
equity, return on average assets, CET1 ratio, efficiency ratio,
nonperforming assets as a percentage of total assets, reserves as a
percentage of total assets, risk-based capital ratio, operating
revenue growth, and net charge-offs as a percentage of total
loans.
For more information about Forbes and its America’s Best Banks
list visit, forbes.com/lists/americas-best-banks.
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. 72 out of the 100 largest publicly traded banks in 2025
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
jbaucum@customersbank.com
Customers Bancorp (NYSE:CUBI)
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