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Customers Bancorp in Wyomissing, Pa., has increased its earnings estimates for 2014 and 2015 based on changes in its technology strategy.
December 2 -
Customers Bancorp in Wyomissing, Pa., reported higher quarterly earnings as higher revenue offset a spike in expenses.
October 21 -
Customers Bank in Wyomissing, Pa., has announced three new appointments to executive positions, including one to the newly created role of Small Business Administration national director.
August 13
Customers Bancorp in Wyomissing, Pa., is planning to join the New York Stock Exchange.
The $6.5 billion-asset bank said in a press release Thursday that it plans to transfer its common stock and senior notes to the NYSE from the Nasdaq.
Customers expects its stock to begin trading on the new exchange on Dec. 30, under the symbol "CUBI." The company's notes, due in 2018, will trade under the ticker "CUBS."
"I think Nasdaq is a very good exchange, but we felt as a company we would probably get better execution and better volume at New York," said Jay Sidhu, the company's chairman and chief executive, in a phone interview.
Sidhu added that he expects next year to be a "banner year" for Customers, referring to increased
Customers also recently established
Customers shares will continue trading on the Nasdaq until the transfer is completed.
