BUZZ-Customers Bancorp slides after higher Q4 expenses

Reuters
Jan 24
BUZZ-Customers Bancorp slides after higher Q4 expenses

** Regional lender Customers Bancorp's CUBI.N shares slide 9.5% to $73.51

** Late Thursday, CUBI reported Q4 profit above Wall Street expectations despite higher expenses

** Wall Street analysts say expenses were noisy and higher than anticipated in Q4

** Q4 non-interest expenses jumped to $117.3 million, above estimates of $109.6 million, according to data compiled by LSEG

** Five of nine brokerages rate the stock "buy" or higher and four "hold"; median PT $90 — LSEG data

** CUBI stock soared 50.2% in 2025

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

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