WEST READING, PA — Customers Bancorp, Inc. (NYSE: CUBI) has announced a corrected dividend amount for its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E and Series F. The revised cash dividend for the Series E stock is $0.700488 per share, while the dividend for Series F is $0.675813 per share. Both dividends will be payable on June 17, 2024, to shareholders of record on May 31, 2024.
Customers Bancorp ranks among the nation’s top-performing banking companies, with nearly $22 billion in assets. It holds a position as one of the 80 largest bank holding companies in the U.S. The company offers a comprehensive suite of technology-enabled financial products tailored to both commercial and consumer clients. With a Single Point of Contact approach, Customers Bancorp emphasizes best-in-class customer service.
The bank’s offerings range from commercial and industrial (C&I) lending to commercial real estate and multifamily lending. It also provides specialized national corporate banking services.
Customers Bancorp has earned significant accolades for its performance. It ranked No. 5 on American Banker’s 2023 list of top-performing banks with $10 billion to $50 billion in assets. Additionally, it placed No. 29 on the 2024 Forbes Best Banks list and No. 52 on Investor’s Business Daily’s 100 Best Stocks for 2023.
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