Customers Bancorp (CUBI) late Thursday reported Q1 adjusted core earnings of $1.54 per diluted share, down from $1.68 a year ago.

Analysts polled by FactSet, on average, expected $1.30.

Revenue, calculated as the sum of net interest income and non-interest income, was $142.9 million during the three months ended March 31, down from $181.6 million for the bank company a year ago.

Analysts expected $190.2 million.

Customers shares recently were up almost 4% during Thursday's after-hours session.