Recap: Customers Bancorp Q3 Earnings

Customers Bancorp CUBI reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Customers Bancorp beat estimated earnings by 29.84%, reporting an EPS of $2.48 versus an estimate of $1.91.

Revenue was down $60.86 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 6.46% drop in the share price the next day.

Here's a look at Customers Bancorp's past performance:

To track all earnings releases for Customers Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.