WEST READING, PA — Customers Bancorp, Inc. (NYSE: CUBI) announced that its Board of Directors has declared a quarterly cash dividend of $0.5726314 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF). The dividend will be paid on December 15, 2025, to shareholders of record as of November 30, 2025.
In conjunction with the dividend announcement, the company said it will redeem all 3.4 million shares—valued at approximately $85 million—of its Series F Preferred Stock on the same date. The redemption price will be $25 per share, payable in cash. Because the redemption date coincides with the dividend payment date, the redemption price excludes any declared and unpaid dividends. Holders of record will receive their regular quarterly dividend separately.
Customers Bancorp noted that the Series F shares carried a declared dividend rate of 9.06%, making the redemption part of a broader effort to optimize its funding and capital structure. Following the transaction, no shares of the Series F Preferred Stock will remain outstanding, and dividend accruals will cease.
“Our strong capital position and robust liquidity levels have positioned us to redeem this higher-cost preferred stock to further optimize our capitalization and improve long-term profitability. This action, on the heels of our successful deposit franchise transformation, is a significant step in our ongoing commitment to deliver shareholder value,” said Sam Sidhu, President of Customers Bancorp, Inc. and CEO of Customers Bank.
Computershare Trust Company, N.A., will act as the paying agent for the redemption. Investors with questions regarding the process can contact Computershare’s corporate actions department in Canton, Massachusetts, or by phone at 1-800-368-5948.
The move reflects Customers Bancorp’s ongoing efforts to streamline its balance sheet, strengthen capital efficiency, and reinforce profitability as it heads into 2026.
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