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05.03.26 - 22:33
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Sunrise Realty Trust Expands Revolving Credit Facility to $165 Million with Addition of Customers Bank (GlobeNewswire EN)
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WEST PALM BEACH, Fla., March 05, 2026 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of Customers Bank. Customers Bank has committed $25 million to the facility, bringing total committed capital to $165 million. The Credit Facility, originally established with East West Bancorp, Inc. in November 2024, remains expandable to $200 million, subject to certain conditions and additional lender participation....
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11.02.26 - 22:36
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Customers Bancorp Announces Common Stock Repurchase Plan (Business Wire)
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WEST READING, Pa.--(BUSINESS WIRE)--On February 11, 2026, the Board of Directors of Customers Bancorp, Inc. (NYSE: CUBI) (“the Company”), the holding company for Customers Bank, authorized a new common stock repurchase plan, providing the Company the discretion to purchase up to $100 million of its outstanding common stock over a one-year period.
“Over the past several years, we have deliberately strengthened our capital position, executed on our strategic priorities, grown franchise value, and organically increased our earnings power,” said Sam Sidhu, Chief Executive Officer of Customers Bancorp. “As a result of those efforts, the Board of Directors believes it is prudent to once again have a common stock repurchase authorization in place that provides us flexibility to deploy capital strategically while continuing to support our clients and our long-term growth strategy.”
The timing, price, and quantity of repurchases under the common stock repurchase plan will be at the discretion of Custom...
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26.01.26 - 22:33
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Customers Bank Appoints Stephen Wyremski as Chief Operating Officer (Business Wire)
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WEST READING, Pa.--(BUSINESS WIRE)--$CUBI #Banking--Customers Bank, the over $24 billion subsidiary of Customers Bancorp (NYSE: CUBI), today announced the appointment of Steve Wyremski as Chief Operating Officer, effective January 26, 2026.
Wyremski brings more than two decades of financial and operational leadership experience to the role, with a proven track record of managing complex financial functions and leading enterprise transformation efforts across the banking sector. He joined Customers Bank in 2024 as a strategic advisor, where he played a key role in accelerating the bank's finance and data modernization initiatives.
“Steve brings a deep understanding of operational excellence and financial discipline, paired with a thoughtful approach to transformation and scale,” said Sam Sidhu, President and CEO of Customers Bank. “His leadership will be instrumental as we continue to invest in growth, digital innovation, and long-term value creation for our clients and shareholders.”
Prior to joi...
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22.01.26 - 22:42
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Customers Bancorp Reports Results for Fourth Quarter and Full Year 2025 (Business Wire)
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WEST READING, Pa.--(BUSINESS WIRE)--$CUBI #Banking--Customers Bancorp, Inc. (NYSE:CUBI):
Fourth Quarter 2025 Highlights
Q4 2025 net income available to common shareholders was $70.1 million, or $1.98 per diluted share; ROAA was 1.20% and ROCE was 13.28%.
Q4 2025 core earnings*1 were $72.9 million, or $2.06 per diluted share; Core ROAA* was 1.19% and Core ROCE* was 13.81%.
Total deposits increased $373.7 million, or 1.8%, and total loans increased $479.4 million, or 2.9%, in Q4 2025 from Q3 2025.
Net interest income totaled $204.4 million in Q4 2025, an increase of $2.5 million from Q3 2025 primarily driven by a decrease in interest expense.
Completed $100 million subordinated debt issuance on December 22, 2025.
Redeemed all outstanding shares ($85 million) of Series F Preferred Stock on December 15, 2025.
Full Year 2025 Highlights
2025 net income available to common shareholders was $209.2 million, or $6.26 per diluted share; ROAA was 0.96% and ROCE was 11.22%.
2025 core earnings* were $254.5 million, or ...
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12.01.26 - 22:33
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Customers Bancorp, Inc. to host Fourth Quarter and Full-Year 2025 Earnings Webcast on Friday, January 23, 2026 (Business Wire)
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WEST READING, Pa.--(BUSINESS WIRE)--$CUBI #Banking--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM ET on Friday, January 23, 2026, to report its earnings results for the three months ending December 31, 2025 and full-year 2025. The webcast will be conducted by Jay Sidhu, Executive Chairman of Customers Bancorp, Sam Sidhu, President & CEO of Customers Bancorp, and Mark McCollom, Chief Financial Officer of Customers Bancorp.
Register online for the webcast. The live audio webcast, presentation slides and earnings press release will be made available at the Customers Bank Investors webpage.
The fourth quarter 2025 earnings press release will be issued after the market closes on Thursday, January 22, 2026.
The webcast will be archived for viewing on the Customers Bank Investor webpage and available beginning approximately two hours after the conclusion of the live event.
Institutional Background
Customers Bancorp, Inc....
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05.01.26 - 22:36
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Sam Sidhu Appointed to Customers Bancorp Board of Directors and Named CEO as Part of Previously Announced Succession Plan (Business Wire)
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Jay Sidhu Assuming Executive Chairman Role; Transition Supports Growth and Long-Term StrategyWEST READING, Pa.--(BUSINESS WIRE)--$CUBI #Banking--Customers Bancorp, Inc. (NYSE: CUBI) today announced the appointment of Sam Sidhu to the company's Board of Directors (“the Board”), effective January 1, 2026, in accordance with the succession plan set forth in the company's leadership transition announcement from July 25, 2025.
This appointment aligns with the Board's previously disclosed plan whereby Sam Sidhu, President of Customers Bancorp and President and Chief Executive Officer of Customers Bank, is succeeding Jay Sidhu as Chief Executive Officer of Customers Bancorp, effective January 1, 2026. Under the transition framework, Jay Sidhu is retiring from the Chief Executive Officer role and is assuming the role of Executive Chairman, while continuing his long-standing service on the Board.
Sam's expanded role on the Board reinforces continuity of leadership at Customers Bancorp and deepens the Board...
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