Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred Stock

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Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.381161 per share.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, April 29, 2022
Information
Tags: 
Banking, Other Professional Services, Professional Services, Finance, Federal Deposit Insurance Corporation, Structure of the Federal Reserve System, Board, NYSE, Federal Reserve, Board of directors, CBIT, Director, Holding company, Bank
Geotags: 
UNITED STATES, NORTH AMERICA, PENNSYLVANIA
⚠ generated by AI ↴
Organisation: 
CUSTOMERS BANK
Stock Symbol: 
NYSE:CUBI
Summary
Key Points: 
  • Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.381161 per share.
  • The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022.
  • The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF) of $0.357011 per share.
  • The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022.


Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.381161 per share. The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022.

The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF) of $0.357011 per share. The dividend is payable on June 15, 2022, to shareholders of record on May 31, 2022.

About Customers Bank

Customers Bancorp, Inc. (NYSE:CUBI) is a bank holding company which provides financial services through its subsidiary Customers Bank, a full-service super-community bank with assets of approximately $19.2 billion at March 31, 2022. A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking and lending services to small and medium-sized businesses, professionals, individuals, and families. Services and products are available wherever permitted by law through digital-first apps, online portals, and a network of offices and branches. Customers Bank provides blockchain-based digital payments via the Customers Bank Instant Token (CBIT) which allows clients to make real-time payments in US dollars, 24 hours a day, 7 days a week, 365 days a year. More at www.customersbank.com.

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