Customers Bancorp Inc
NYSE:CUBI
CUBI's latest stock split occurred on May 22, 2014
The company executed a 11-for-10 stock split, meaning that for every 10 shares held, investors received 11 new shares.
Before the split, CUBI traded at 20.82 per share. Afterward, the share price was about 19.25.
The adjusted shares began trading on May 22, 2014. This was the only stock split in CUBI's history.
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Customers Bancorp Inc
Glance View
Customers Bancorp Inc., headquartered in Pennsylvania, operates with a strategic focus on providing comprehensive financial services through its primary subsidiary, Customers Bank. This bank is a unique blend of a community bank ethos and cutting-edge financial technology. By prioritizing an engagement model that blends high-touch service with innovative digital solutions, the firm enhances its core banking operations. It serves a diverse client base that ranges from small and medium-sized enterprises (SMEs) to individual customers, providing them with a range of services from loan products to deposit offerings. The bank has carved a niche for itself in client transparency and agility, making financial dealings straightforward and swift, fostering customer trust and loyalty. Earnings for Customers Bancorp are predominantly driven by the interest income from its loan portfolio, which includes commercial and industrial loans, real estate mortgages, and various consumer loans. By maintaining a sharp focus on risk management and loan quality, it seeks to safeguard its margins and ensure stable income streams. Beyond traditional banking, the company has also ventured into financial technology, leveraging digital banking innovations to reduce overheads while broadening its market reach. This dual-pronged approach of blending conventional banking principles with a digital facelift allows Customers Bancorp Inc. to maneuver effectively within the competitive landscape of the financial services industry, navigating the challenges of modern banking with resilience and adaptability.
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