**Customers Bancorp Reports Increased Net Income for Fiscal Year 2025**
Customers Bancorp, Inc. (CUBI), a Pennsylvania-based bank holding company, has released its 10-K filing, reporting a net income available to common shareholders of $209.2 million for the year ended December 31, 2025. This represents a 25.7% increase compared to the $166.4 million reported for the previous fiscal year. The company's total assets reached $24.9 billion, including net loans and leases of $16.6 billion, deposits of $20.8 billion, and shareholders’ equity of $2.1 billion.
The company's net interest income increased by 14.7% to $750.5 million, up from $654.4 million in 2024. This growth was primarily driven by lower interest expenses on deposits and increased interest income from higher average loan balances and purchase discount accretion on commercial and industrial loans. The net interest margin (NIM) also saw an improvement, rising to 3.32% from 3.15% in the previous year, attributed to a favorable shift in deposit mix and lower market interest rates on deposits.
Customers Bancorp experienced a provision for credit losses of $98.0 million, compared to $73.5 million in the prior year. The increase in the provision for credit losses was primarily due to higher loan balances held for investment. Non-performing assets (NPAs) remained relatively stable at 0.33% of the total loan portfolio. The company continued its strategic focus on organic core loan and deposit growth, team recruitment, and opportunistic value-added acquisitions.
Operationally, Customers Bancorp onboarded seven new banking teams in 2025, including geographic commercial and business banking teams and national teams focused on sports and entertainment, title solutions, and municipal finance. The company also continues to invest in its proprietary B2B instant payments platform, cubiX, and its digital banking capabilities. Looking ahead, Customers Bancorp anticipates continued growth in its target markets and verticals, leveraging its high-tech, high-touch service model and state-of-the-art technology. The company's future performance remains subject to various economic and market risks, including interest rate fluctuations, credit quality, and regulatory changes.
About Customers Bancorp, Inc.
Customers Bancorp, Inc. is a bank holding company operating through its subsidiary, Customers Bank, offering diversified commercial and consumer banking services. It provides loans, deposits, digital banking, treasury, and payments solutions nationwide, focusing on community banking, specialized lending, and fintech partnerships. The company emphasizes high-tech, high-touch personalized service, risk management, and strategic acquisitions to drive organic growth and market expansion.
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- Risk factors and market risks
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- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
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