Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred Stock
July 29 2022 - 8:00AM
Business Wire
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 $0.445233 per share. The dividend is
payable on September 15, 2022, to shareholders of record on August
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 $0.421083 per share.
The dividend is payable on September 15, 2022, to shareholders of
record on August 31, 2022.
Institutional Background
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 $20.3 billion at June 30, 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 TokenTM (CBITTM)
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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David Patti, Communications Director 610-451-9452
Customers Bancorp (NYSE:CUBI)
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