Customers Bancorp Q2 FY26 net income rises 28.13% to USD 71.6 million; deposits climb 0.6% to USD 21.7 billion vs Q1 FY26
Reuters2026/07/23 20:53By:Reuters
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- Customers Bancorp posted Q2 2026 net income available to common shareholders of $71.6 million, or $2.05 per diluted share.
- Return on average assets was 1.13%; return on average common equity was 13.22%.
- Deposits rose 0.6% from Q1 to a record $21.7 billion; non-interest-bearing balances climbed $174.1 million to $6.9 billion.
- Loans increased 3.6% from Q1 to a record $18.0 billion; nonperforming assets were 0.32% of total assets.
- Management highlighted a pilot AI loan-closing process cutting selected commercial closings to seven days from 30-60 days; cubiX network volume topped $5 trillion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Customers Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723160284) on July 23, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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