Financial Snapshot
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About Customers Bancorp, Inc.
Customers Bancorp, Inc. engages in the provision of banking services through its subsidiary, Customers Bank. The company is headquartered in West Reading, Pennsylvania and currently employs 711 full-time employees. The company went IPO on 2013-05-16. The Bank provides banking products, primarily loans and deposits, to businesses and consumers through its branches, limited production offices and administrative offices in Berks County and Southeastern Pennsylvania, New York, Hamilton, New Jersey, Boston, Massachusetts, and other geographies. The Bank administratively supports loans and other financial products, including equipment finance leases, to customers. The company also offers venture banking loan portfolios. The Bank serves specialty businesses nationwide, including its commercial loans to mortgage companies, commercial equipment financing, SBA lending, specialty lending and consumer loans through relationships with fintech companies. The Bank’s specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare, and financial institutions group.
Industry: State Commercial Banks Peers: BANC OF CALIFORNIA, INC. BROOKLINE BANCORP INC Origin Bancorp, Inc. HERITAGE FINANCIAL CORP /WA/ NICOLET BANKSHARES INC Preferred Bank PNC FINANCIAL SERVICES GROUP, INC.