Document

Exhibit 99.1

Customers Bancorp, Inc. (NYSE:CUBI)

701 Reading Avenue

West Reading, PA 19611

Contacts:
Laura Vele, Chief Marketing Officer 646-315-2017

Customers Bancorp Reports Results for Third Quarter 2026

Third Quarter 2026 Highlights

•Q3 2026 net income available to common shareholders was $78.4 million, or $2.25 per diluted share; ROAA was 1.16% and ROCE was 14.0%.

•Total deposits increased $831 million, or 3.8% in Q3 2026 from Q2 2026, and $2.2 billion, or 10.6% from Q3 2025 to a period end record level of $22.6 billion.

•Total loans increased $496 million, or 2.8% in Q3 2026 from Q2 2026, and $2.2 billion, or 13.5% from Q3 2025 to a period end record level of $18.5 billion.

•Non-interest bearing deposits increased $295 million in Q3 2026 compared to Q2 2026 to a period end record level of $7.2 billion, or 31.9% of total deposits.

•Net interest income increased $15 million, or 7.6% in Q3 2026 compared to Q2 2026 to $208 million.

•Q3 2026 efficiency ratio was 47.2% compared to Q2 2026 efficiency ratio of 50.6%, a decline of approximately 340 basis points.

CEO Commentary

West Reading, Pa, October 22, 2026 - “I am pleased to share our third quarter 2026 results that show the company’s continued execution of its strategic priorities and underscore our success in growing franchise value.” said Customers Bancorp CEO Sam Sidhu.

“Artificial intelligence (“AI”) and automation continued to drive measurable transformative progress across the organization in the third quarter. On our company-wide priorities, we continued to scale our AI-powered loan process, adding additional functionality and increasing utilization. We also successfully completed a pilot of our new deposit onboarding process, opening commercial deposit accounts in minutes rather than days. The recently announced partnership with Palantir is expected to help drive this initiative toward a goal of a best-in-class customer experience and the ability to onboard new customers at scale without losing personal touch. From a team member led perspective, we’re seeing incredible engagement from across the company. Our team doubled the number of agents1 deployed in the quarter and cumulative estimated hours saved reached 76,0002, a nearly 65% increase. Through our efforts, we estimate we have unlocked over $15 million of annualized capacity3. Our goal of decoupling revenue growth from expense growth is well underway as our revenue per employee and pre-tax profit per employee are up 13% and 34%, respectively, annualized as of September 30, 2026.

Our cubiX payments platform also continued to scale, with cumulative network transaction volume surpassing $5.6 trillion inception to date. We saw continued diversification with mortgage finance and real estate verticals now representing more than 30% of our cubiX balances at September 30, 2026.

We continued to strategically and organically grow our loan and deposit portfolios with momentum throughout the organization. We hired 50 revenue producers year-to-date while our total headcount trended lower. Total loans and leases grew by 2.8% in Q3 2026 compared to Q2 2026, with contributions from multiple verticals allowing us to deliver above industry average growth rates without sacrificing on structure or credit quality.

Total deposits increased by 3.8% in Q3 2026 compared to Q2 2026, and we delivered about $295 million of non-interest bearing deposit growth in Q3 2026. Our new commercial banking teams hired since Q2 2023 added approximately $415 million in deposits with 28% of the growth from non-interest bearing deposits in the third quarter. The growth continued to be granular as we had an increase of approximately 618 commercial accounts on a net basis, or a 2% increase in a single quarter, and the 2025 teams alone added 317 accounts on a net basis in the quarter.

Asset quality remains strong with our NPA ratio at just 0.29% of total assets and reserve levels are robust at 322% of total non-performing loans at the end of Q3 2026. Our capital levels remained strong with a TCE / TA ratio* of 8.0% and Common Equity Tier 1 Ratio4 of 12.6% at September 30, 2026, while our balance sheet grew by 3.4% and we repurchased 492,178 shares of common stock in the quarter.

In the nine months ended September 30, 2026, we once again delivered exceptionally strong growth across key metrics of revenue, core earnings*, and book value per share of 19%, 21%*, and 10%, respectively, when compared to the same period in 2025” Sam Sidhu concluded.



*Non-GAAP measure. Customers’ reasons for the use of the non-GAAP measure and a detailed reconciliation between the non-GAAP measure and the comparable GAAP amount are included at the end of this document.
1 Includes custom GPTs and other similar AI agent products across major platforms used in the last 6 months.
2 Hours saved reflect self-reported estimates from survey of employees using AI tools. Survey data as of September 17, 2026. Self-reported estimates from periodic surveys of employees using AI tools, captured at time of submission and not subsequently re-measured or validated. Cumulative totals may include savings that have since changed.
3 Represents salary and benefits savings from positions not backfilled and open positions reduced YTD.



4 Regulatory capital ratios as of September 30, 2026 are estimates

Key Balance Sheet Trends

Loans and Leases Held for Investment

Loans and leases held for investment were a period end record $18.4 billion at September 30, 2026, up $445 million, or 2.5%, from June 30, 2026. C&I loans and leases increased by $592 million, or 6.8% quarter-over-quarter to $9.3 billion. Non-owner occupied commercial real estate loans increased by $179 million, or 9.5%, to $2.1 billion. Multifamily loans increased by $44 million, or 1.7%, to $2.7 billion. These increases were partially offset by decreases in mortgage finance loans of $259 million, or 15.0% to $1.5 billion, construction loans of $58 million, or 26.7% to $159 million and owner-occupied commercial real estate loans of $49 million, or 3.9% to $1.2 billion.

Within C&I, corporate banking loans and leases increased by $690 million, or 9.7% quarter-over-quarter to $7.8 billion. Geographic and other C&I loans decreased by $98 million, or 5.9% quarter-over-quarter to $1.6 billion.

Loans and leases held for investment of $18.4 billion at September 30, 2026 were up $2.1 billion, or 13.1%, year-over-year. C&I loans and leases increased by $1.2 billion, or 14.8%, year-over-year. Non-owner occupied commercial real estate loans increased by $484 million, or 30.6%. Multifamily loans increased by $312 million, or 13.2%. Owner-occupied commercial real estate loans increased by $162 million, or 15.3%. Consumer installment loans increased by $43 million, or 4.8%. Construction loans increased by $36 million, or 28.9%. Mortgage finance loans decreased by $106 million, or 6.7%.

Within C&I, corporate banking loans and leases increased by $1.2 billion, or 18.4% year-over-year. Geographic and other C&I loans decreased by $4 million, or 0.2%.

Investment Securities

At September 30, 2026, total investment securities were $4.2 billion, an increase of $915 million compared to June 30, 2026 and an increase of $1.4 billion compared to a year ago, driven primarily from purchases of agency MBS and CMO.

At September 30, 2026, the Available-For-Sale (“AFS”) debt securities portfolio had a spot yield of 5.08%, an effective duration of approximately 2.8 years, and approximately 42% are variable rate. Additionally, approximately 84% of the AFS securities portfolio was AAA rated at September 30, 2026.

At September 30, 2026, the Held-To-Maturity (“HTM”) debt securities portfolio represented only 2.2% of total assets, had a spot yield of 3.17% and an effective duration of approximately 4.5 years. Additionally, at September 30, 2026, approximately 75% of the HTM securities were AAA rated and $0.2 billion were credit enhanced asset backed securities with no current expectation of credit losses.

Deposits

Total deposits increased $831 million, or 3.8% to a period end record $22.6 billion at September 30, 2026 as compared to the prior quarter. The total average cost of deposits remained constant at 2.50% in Q3 2026 and Q2 2026. Total estimated uninsured deposits were $7.6 billion1, or 34% of total deposits at September 30, 2026 with immediately available liquidity covering approximately 151% of these deposits.

Total deposits increased $2.2 billion, or 10.6% to $22.6 billion at September 30, 2026 as compared to a year ago. The total average cost of deposits decreased by 27 basis points to 2.50% in Q3 2026 from 2.77% in Q3 2025.

1 Uninsured deposits (estimate) of $9.8 billion to be reported on the Bank’s call report, less deposits of $1.9 billion collateralized by standby letters of credit from the FHLB and from our affiliates of $293 million.

Borrowings

Total borrowings increased $78 million, or 3.4% to $2.4 billion at September 30, 2026 as compared to the prior quarter. This increase primarily resulted from net draws of $80 million in FHLB advances. Total borrowings increased $931 million, or 63.0%, to $2.4 billion at September 30, 2026 as compared to a year ago primarily due to net draws of $950 million in FHLB advances.

Capital

Customers Bancorp’s common equity decreased $13 million to $2.2 billion, and tangible common equity* decreased $13 million to $2.2 billion, at September 30, 2026 compared to the prior quarter, respectively, primarily from an increase in AOCI of $60 million (net of taxes), mostly from increased unrealized losses on AFS debt securities and $38 million of common share repurchases, offset in part by earnings of $78 million. Customers Bancorp’s common equity increased $149 million to $2.2 billion, and tangible common equity* increased $149 million to $2.2 billion, at September 30, 2026 compared to a year ago, respectively, primarily from earnings of $294 million, offset in part by $88 million of common share repurchases and an increase in AOCI of $67 million (net of taxes), mostly from increased unrealized losses on AFS debt securities. Book value per common share increased to $65.77 from $65.31 and $59.83, and tangible book value per common share* increased to $65.66 from $65.20 and $59.72, at September 30, 2026 from June 30, 2026 and September 30, 2025, respectively.

Credit Quality

The provision for credit losses in Q3 2026 was $25 million, compared to $23 million in Q2 2026 and $27 million in Q3 2025.

Net charge-offs were $13 million in Q3 2026, compared to $15 million in Q2 2026 and Q3 2025.

The allowance for credit losses on loans and leases was $172 million at September 30, 2026, compared to $164 million at June 30, 2026 and $152 million at September 30, 2025.

Non-performing loans at September 30, 2026 decreased to 0.29% of total loans and leases, compared to 0.31% at June 30, 2026 and increased, compared to 0.17% at September 30, 2025. Nonperforming loans include the guaranteed portion of SBA loans. As of September 30, 2026, nonperforming loans totaled $53 million, of which approximately $12 million represents the government-guaranteed portion. Excluding the government-guaranteed portion, nonperforming loans totaled approximately $42 million, representing 0.23% of total loans and leases.

Key Profitability Trends

Net Interest Income

Net interest income totaled $208 million in Q3 2026, an increase of $15 million from Q2 2026. This increase was driven by an increase in interest income mainly from investment securities and corporate banking loans and leases.

“Net interest income increased $15 million quarter-over-quarter in the third quarter of 2026. Net interest margin expanded to 3.19% and was impacted by a higher level of cash balances resulting from a timing difference between when we brought in deposits and when we funded loan growth. Our estimated run rate for net interest margin in September was approximately 3.25% which gives us confidence for additional expansion in Q4 2026. This trajectory is driven by expected continued low-cost deposit gathering and margin accretive loan growth,” stated Customers Bancorp CFO Mark McCollom.

Net interest income totaled $208 million in Q3 2026, an increase of $6 million from Q3 2025. This increase was primarily due to higher interest income mainly from corporate banking loans and leases, multifamily loans, non-owner occupied commercial real estate loans and investment securities, partially offset by a decrease in interest earning deposits and lower discount accretion within geographic and other C&I loans.

Non-Interest Income

Reported non-interest income totaled $31 million for Q3 2026, a decrease of $3 million compared to $34 million for Q2 2026. The decrease was primarily due to a decrease of $2 million in loan fees mainly from lower gains on stock warrants.

Non-interest income totaled $31 million for Q3 2026, an increase of $1 million compared to Q3 2025. The increase was primarily due to increases in commercial lease income of $4 million, $1 million in other non-interest income primarily from higher income from derivatives and gain on sale of loans and leases, mostly SBA loans in Q3 2026, partially offset by a decrease of $5 million in loan fees primarily due to lower gains on stock warrants.

Non-Interest Expense

Non-interest expenses totaled $113 million in Q3 2026, a decrease of $1 million compared to Q2 2026. The decrease was primarily attributable to decreases of $2 million in professional fees and $3 million in other non-interest expenses mainly due to a benefit to provision for credit losses on unfunded lending commitments and decreases in non-capitalizable loan origination expenses and provision for operating losses partially offset by higher deposit costs. These decreases were partially offset by an increase of $2 million in technology, communication and bank operations mainly for software.

Non-interest expenses totaled $113 million in Q3 2026, an increase of $8 million compared to Q3 2025. The increase was primarily attributable to increases of $8 million in salaries and employee benefits and $4 million in commercial lease depreciation associated with the Bank’s continued growth, $5 million in technology, communication and bank operations mainly for software and processing fees, and $2 million in other non-interest expenses mainly due to higher deposit costs and business development expenses, partially offset by a benefit to provision for credit losses on unfunded lending commitments. These increases were partially offset by decreases of $5 million in professional fees and $4 million in FDIC assessments, non-income taxes and regulatory fees.

Taxes

Income tax expense was $22 million for Q3 2026, compared with $18 million in Q2 2026 and $25 million in Q3 2025. The increase from Q2 2026 reflects higher pretax income and smaller benefit from discrete items. The decrease from Q3 2025 is driven by favorable discrete items, primarily from excess tax benefits on vested stock awards, and the net discount realized on the purchase of energy tax credits. The effective tax rate was 22.1% for Q3 2026, compared with 20.0% for Q2 2026 and 24.5% for Q3 2025.

Outlook

“We continued to perform well in the third quarter of 2026 and remain focused on executing in those areas which differentiate us from our peers. We believe that truly exceptional service, sophisticated product offerings, recruitment of top talent, exceptional payment capabilities, and a single point of contact service model will deliver sustainable long-term growth.

Given our strong performance year-to-date, we are updating our full-year 2026 guidance across the following metrics:

•Loans: 12%+

•Deposits: 9%+

•Net Interest Income: $805 million - $810 million

•Non-interest Expense: $460 million - $465 million

•Tax Rate: 22% to 23%

We expect to continue to execute across the company’s four top priorities for 2026. First, on AI and automation, we expect to see meaningful progress on our “top down” priorities and further benefits from “bottoms up” use cases as they drive increased revenue and improved productivity. We expect this to show up in our financial results through continued increases in our revenue, assets, and pre-tax profit per employee. Second, we expect our payments capabilities to continue to expand, driven by the new industries and use cases we are serving and by strengthening relationships with existing clients through expanded product offerings. Third, we are confident in our ability to continue to deliver above industry average loan and deposit portfolio growth and build upon our successful team recruitment strategy. And fourth, we will seek to accomplish these initiatives while operating with a high standard of regulatory and risk management excellence and maintaining a strong capital base, liquidity, and credit quality.

We believe we are incredibly well positioned to continue to achieve these goals and deliver excellent client service and strong financial performance to close out 2026 and beyond,” concluded Sam Sidhu.

Webcast

Date: Friday, October 23, 2026

Time: 9:00 AM EDT

The live audio webcast, presentation slides, and earnings press release will be made available at https://www.customersbank.com and at the Customers Bancorp 3rd Quarter Earnings Webcast.

You may submit questions in advance of the live webcast by emailing our Chief Marketing Officer, Laura Vele at lvele@customersbank.com.

The webcast will be archived for viewing on the Customers Bank Investor Relations page and available beginning approximately two hours after the conclusion of the live event.

Institutional Background

Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with over $27 billion in assets making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. In addition to traditional lines such as C&I, commercial real estate, and residential and personal lending, Customers Bank also provides a number of national corporate banking services to clients in businesses including: fund finance, venture banking, healthcare, mortgage finance, and equipment finance. Major accolades include:

•Named a Top 10 Performing Bank by American Banker for five consecutive years (2021-2025), including the #1 spot in 2024 among midsize banks ($10B to $50B in assets)

•No. 45 out of the 100 largest publicly traded banks in 2026 Forbes Best Banks list

•Net Promoter Score of 81 compared to industry average of 41

A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com.

“Safe Harbor” Statement

In addition to historical information, this press release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements with respect to Customers Bancorp, Inc.’s strategies, goals, beliefs, expectations, estimates, intentions, capital raising efforts, financial condition and results of operations, future performance and business. Statements preceded by, followed by, or that include the words “may,” “could,” “should,” “pro forma,” “looking forward,” “would,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “project,” “confident,” or similar expressions generally indicate a forward-looking statement. These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond Customers Bancorp, Inc.’s control). Numerous competitive, economic, regulatory, legal and technological events and factors, among others, could cause Customers Bancorp, Inc.’s financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements, including: a continuation of the recent turmoil in the banking industry, responsive measures taken by us and regulatory authorities to mitigate and manage related risks, regulatory actions taken that address related issues and the costs and obligations associated therewith, such as the FDIC special assessments; the potential for negative consequences resulting from regulatory violations, investigations and examinations, including potential supervisory actions, the assessment of fines and penalties, the imposition of sanctions, the need to undertake remedial actions and possible damage to our reputation; technological changes, including acceptance and success of our proprietary B2B instant payments platform, cubiX, which is subject to variety of factors that are difficult to evaluate; effects of competition on deposit rates and growth, loan rates and growth and net interest margin; failure to identify and adequately and promptly address cybersecurity risks, including data breaches and cyberattacks, which may be exacerbated by our continued development and

implementation of generative artificial intelligence, including risks arising from reliance on third-party AI tools, model limitations, data integrity issues or regulatory uncertainty, and the cost of defending against them and any reputational or other financial risks following such a cybersecurity incident; public health crises and pandemics and their effects on the economic and business environments in which we operate; geopolitical conditions, including acts or threats of terrorism, actions taken by the United States or other governments in response to acts or threats of terrorism and military conflicts, including the war between Russia and Ukraine and ongoing conflict in the Middle East, which could impact economic conditions in the United States; the impact that changes in the economy have on the performance of our loan and lease portfolio, the market value of our investment securities, the demand for our products and services and the availability of sources of funding; the effects of actions by the federal government, including the Board of Governors of the Federal Reserve System and other government agencies, that affect market interest rates and the money supply; actions that we and our customers take in response to these developments and the effects such actions have on our operations, products, services and customer relationships; higher inflation and its impacts; the effects of changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs on its trading partners; and the effects of any changes in accounting standards or policies. Customers Bancorp, Inc. cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact of any future events. All forward-looking statements and information set forth herein are based on management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. For a more complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review Customers Bancorp, Inc.’s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K for the year ended December 31, 2025, subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K, including any amendments thereto, that update or provide information in addition to the information included in the Form 10-K and Form 10-Q filings, if any. Customers Bancorp, Inc. does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by Customers Bancorp, Inc. or by or on behalf of Customers Bank, except as may be required under applicable law.


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS - UNAUDITED

(Dollars in thousands, except per share data)		Q3			Q2			Q1			Q4			Q3			Nine Months Ended September 30,
		2026			2026			2026			2025			2025			2026			2025

GAAP Profitability Metrics:
Net income available to common shareholders		$	78,383		$	71,560		$	69,653		$	70,088		$	73,726		$	219,596		$	139,095
Per share amounts:



	Earnings per share - diluted	$	2.25		$	2.05		$	1.97		$	1.98		$	2.20		$	6.28		$	4.24
	Book value per common share	$	65.77		$	65.31		$	63.64		$	61.87		$	59.83		$	65.77		$	59.83


Return on average assets (“ROAA”)		1.16		%	1.13		%	1.13		%	1.20		%	1.26		%	1.14		%	0.87		%
Return on average common equity (“ROCE”)		14.0		%	13.2		%	13.2		%	13.3		%	15.6		%	13.5		%	10.4		%
Net interest margin, tax equivalent		3.19		%	3.17		%	3.22		%	3.40		%	3.46		%	3.19		%	3.30		%
Efficiency ratio		47.2		%	50.6		%	49.7		%	49.5		%	45.4		%	49.1		%	49.6		%
Non-GAAP Profitability Metrics (1):
Core earnings		$	79,003		$	71,457		$	69,445		$	72,851		$	73,473		$	219,905		$	181,622


Per share amounts:
	Core earnings per share - diluted	$	2.27		$	2.05		$	1.97		$	2.06		$	2.20		$	6.28		$	5.54

	Tangible book value per common share	$	65.66		$	65.20		$	63.54		$	61.77		$	59.72		$	65.66		$	59.72

Core ROAA		1.17		%	1.13		%	1.13		%	1.19		%	1.25		%	1.14		%	1.11		%

Core ROCE		14.1		%	13.2		%	13.1		%	13.8		%	15.5		%	13.5		%	13.6		%




Core efficiency ratio		47.2		%	50.6		%	49.7		%	49.5		%	45.4		%	49.1		%	49.7		%

Balance Sheet Trends:
Total assets		$	27,411,648		$	26,520,789		$	25,880,767		$	24,895,868		$	24,260,163		$	27,411,648		$	24,260,163
Total cash and investment securities		$	7,798,061		$	7,437,163		$	7,454,901		$	7,078,243		$	6,997,783		$	7,798,061		$	6,997,783
Total loans and leases		$	18,511,337		$	18,015,300		$	17,391,546		$	16,782,516		$	16,303,147		$	18,511,337		$	16,303,147
Non-interest bearing demand deposits		$	7,209,138		$	6,913,804		$	6,739,713		$	6,303,748		$	6,380,879		$	7,209,138		$	6,380,879
Total deposits		$	22,563,833		$	21,732,897		$	21,592,645		$	20,778,704		$	20,405,023		$	22,563,833		$	20,405,023
Asset Quality:
Net charge-offs		$	12,666		$	14,579		$	13,255		$	13,749		$	15,371		$	40,500		$	45,630
Annualized net charge-offs to average total loans and leases		0.28		%	0.34		%	0.32		%	0.33		%	0.39		%	0.31		%	0.40		%
Nonaccrual / non-performing loans (“NPLs”)		$	53,439		$	56,022		$	47,818		$	43,688		$	28,421		$	53,439		$	28,421
NPLs to total loans and leases		0.29		%	0.31		%	0.27		%	0.26		%	0.17		%	0.29		%	0.17		%
Reserves to NPLs		322.10		%	292.93		%	336.61		%	356.29		%	534.14		%	322.10		%	534.14		%
Non-performing assets (“NPAs”)		$	79,033		$	85,661		$	74,737		$	72,344		$	61,057		$	79,033		$	61,057
NPAs to total assets		0.29		%	0.32		%	0.29		%	0.29		%	0.25		%	0.29		%	0.25		%



CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)		Q3		Q2		Q1		Q4		Q3		Nine Months Ended September 30,
		2026		2026		2026		2025		2025		2026		2025













































Capital Metrics:
Common equity to total assets		8.0	%	8.3	%	8.3	%	8.5	%	8.4	%	8.0	%	8.4	%
Tangible common equity to tangible assets (1)		8.0	%	8.3	%	8.3	%	8.5	%	8.4	%	8.0	%	8.4	%
Common equity Tier 1 capital ratio (2)		12.6	%	12.9	%	12.9	%	13.0	%	13.0	%	12.6	%	13.0	%
Total risk based capital ratio (2)		14.5	%	14.8	%	14.9	%	15.4	%	15.3	%	14.5	%	15.3	%
Customers Bank Capital Ratios (2):
Common equity Tier 1 capital to risk-weighted assets		13.4	%	13.6	%	13.8	%	13.3	%	13.2	%	13.4	%	13.2	%

Total capital to risk-weighted assets		14.4	%	14.5	%	14.8	%	14.6	%	14.6	%	14.4	%	14.6	%
Tier 1 capital to average assets (leverage ratio)		9.1	%	9.3	%	9.4	%	8.9	%	8.8	%	9.5	%	8.8	%
Share amounts:
	Average shares outstanding - basic	33,708,023		33,796,369		34,080,834		34,170,777		32,340,813		33,860,376		31,794,547
	Average shares outstanding - diluted	34,793,166		34,905,731		35,313,835		35,396,324		33,460,055		34,990,096		32,778,447
	Shares outstanding	33,340,010		33,772,598		33,692,632		34,191,223		34,163,506		33,340,010		34,163,506


(1) Customers’ reasons for the use of these non-GAAP measures and a detailed reconciliation between the non-GAAP measures and the comparable GAAP amounts are included at the end of this document.
(2) Regulatory capital ratios are estimated for Q3 2026 and actual for the remaining periods.


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED
(Dollars in thousands, except per share data)											Nine Months Ended
	Q3		Q2		Q1		Q4		Q3		September 30,
	2026		2026		2026		2025		2025		2026		2025
Interest income:
Loans and leases	$	282,865	$	268,628	$	258,734	$	274,752	$	272,131	$	810,227	$	750,008
Investment securities	45,663		34,727		32,141		31,979		36,091		112,531		107,811
Interest earning deposits	36,548		37,628		41,830		44,862		49,639		116,006		132,525
Loans held for sale	2,896		1,280		1,235		1,432		1,589		5,411		8,156
Other	2,785		2,394		2,372		2,173		2,029		7,551		5,889
Total interest income	370,757		344,657		336,312		355,198		361,479		1,051,726		1,004,389

Interest expense:
Deposits	139,439		130,296		126,126		131,797		141,983		395,861		407,336
FHLB advances	19,216		17,109		12,935		14,490		12,945		49,260		37,463

Subordinated debt	2,723		2,723		4,621		3,355		3,251		10,067		9,692
Federal funds purchased	16		99		13		—		—		128		—
Other borrowings	1,285		1,064		1,266		1,128		1,388		3,615		3,837
Total interest expense	162,679		151,291		144,961		150,770		159,567		458,931		458,328
Net interest income	208,078		193,366		191,351		204,428		201,912		592,795		546,061
Provision for credit losses	25,434		23,067		23,372		22,337		26,543		71,873		75,621
Net interest income after provision for credit losses	182,644		170,299		167,979		182,091		175,369		520,922		470,440

Non-interest income:
Commercial lease income	15,955		15,392		15,418		14,186		11,536		46,765		33,260
Loan fees	6,249		8,673		10,506		7,420		11,443		25,428		27,784
Bank-owned life insurance	2,254		2,213		3,084		2,189		2,165		7,551		9,074
Mortgage finance transactional fees	1,308		1,332		1,306		1,339		1,298		3,946		3,406





Net gain (loss) on sale of loans and leases	964		1,061		1,044		(62)		—		3,069		2




Net gain (loss) on sale of investment securities	(292)		154		355		(27)		186		217		(1,611)
Impairment loss on debt securities	—		—		—		—		—		—		(51,319)






Other	4,928		5,218		2,603		7,471		3,563		12,749		14,711
Total non-interest income	31,366		34,043		34,316		32,516		30,191		99,725		35,307

Non-interest expense:
Salaries and employee benefits	56,269		56,037		51,294		51,744		48,723		163,600		137,245
Technology, communication and bank operations	15,107		12,891		11,643		11,388		10,415		39,641		32,109
Commercial lease depreciation	13,166		12,761		12,692		11,668		9,463		38,619		26,669
Professional services	7,766		10,024		11,695		12,390		12,281		29,485		37,988

Loan servicing	3,915		3,710		3,859		4,050		4,167		11,484		12,850
Occupancy	3,657		3,495		3,956		4,291		4,370		11,108		11,333
FDIC assessments, non-income taxes and regulatory fees	4,727		4,585		8,215		9,023		8,505		17,527		32,161
Advertising and promotion	476		481		554		812		636		1,511		1,625






Other	8,313		10,907		8,080		11,943		6,657		27,300		22,634
Total non-interest expense	113,396		114,891		111,988		117,309		105,217		340,275		314,614
Income before income tax expense	100,614		89,451		90,307		97,298		100,343		280,372		191,133
Income tax expense	22,231		17,891		20,654		22,806		24,598		60,776		41,537
















Net income	78,383		71,560		69,653		74,492		75,745		219,596		149,596
Preferred stock dividends	—		—		—		1,605		2,019		—		8,593
Loss on redemption of preferred stock	—		—		—		2,799		—		—		1,908
Net income available to common shareholders	$	78,383	$	71,560	$	69,653	$	70,088	$	73,726	$	219,596	$	139,095



Basic earnings per common share	$	2.33	$	2.12	$	2.04	$	2.05	$	2.28	$	6.49	$	4.37


Diluted earnings per common share	2.25		2.05		1.97		1.98		2.20		6.28		4.24


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025
ASSETS
Cash and due from banks	$	95,500	$	85,546	$	89,153	$	62,051	$	57,951
Interest earning deposits	3,529,465		4,093,306		4,709,051		4,349,412		4,127,688
Cash and cash equivalents	3,624,965		4,178,852		4,798,204		4,411,463		4,185,639
Investment securities, at fair value	3,571,796		2,626,717		1,993,152		1,937,646		2,010,820
Investment securities held to maturity	601,300		631,594		663,545		729,134		801,324

Loans held for sale	109,509		58,611		20,282		26,102		30,897

Loans and leases receivable	16,922,448		16,217,068		15,519,493		15,041,340		14,673,636
Loans receivable, mortgage finance, at fair value	1,400,573		1,654,795		1,758,685		1,612,997		1,486,978
Loans receivable, installment, at fair value	78,807		84,826		93,086		102,077		111,636
Allowance for credit losses on loans and leases	(172,125)		(164,106)		(160,962)		(155,656)		(151,809)
Total loans and leases receivable, net of allowance for credit losses on loans and leases	18,229,703		17,792,583		17,210,302		16,600,758		16,120,441
FHLB, Federal Reserve Bank, and other restricted stock	146,161		144,971		117,880		110,411		103,290
Accrued interest receivable	113,421		103,125		105,002		103,626		106,379
Bank premises and equipment, net	19,191		19,773		15,749		16,745		15,340
Bank-owned life insurance	312,480		310,312		306,927		305,503		303,212
Other real estate owned	12,568		12,568		12,506		12,432		12,432
Goodwill and other intangibles	3,629		3,629		3,629		3,629		3,629

Other assets	666,925		638,054		633,589		638,419		566,760

Total assets	$	27,411,648	$	26,520,789	$	25,880,767	$	24,895,868	$	24,260,163

LIABILITIES AND SHAREHOLDERS’ EQUITY
Demand, non-interest bearing deposits	$	7,209,138	$	6,913,804	$	6,739,713	$	6,303,748	$	6,380,879
Interest bearing deposits	15,354,695		14,819,093		14,852,932		14,474,956		14,024,144
Total deposits	22,563,833		21,732,897		21,592,645		20,778,704		20,405,023


Federal funds purchased	—		—		70,000		—		—
FHLB advances	2,137,182		2,059,163		1,561,655		1,325,068		1,195,437
Other borrowings	99,313		99,278		99,243		99,208		99,173
Subordinated debt	171,867		171,741		171,614		281,147		182,718


Accrued interest payable and other liabilities	246,753		252,018		241,310		296,224		251,753

Total liabilities	25,218,948		24,315,097		23,736,467		22,780,351		22,134,104

Preferred stock	—		—		—		—		82,201
Common stock	36,544		36,485		36,312		36,189		36,161
Additional paid in capital	675,689		669,114		669,112		666,756		662,252
Retained earnings	1,754,790		1,676,407		1,604,847		1,535,194		1,465,106
Accumulated other comprehensive income (loss), net	(118,011)		(58,346)		(54,657)		(54,050)		(51,089)
Treasury stock, at cost	(156,312)		(117,968)		(111,314)		(68,572)		(68,572)
Total shareholders’ equity	2,192,700		2,205,692		2,144,300		2,115,517		2,126,059
Total liabilities and shareholders’ equity	$	27,411,648	$	26,520,789	$	25,880,767	$	24,895,868	$	24,260,163


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
AVERAGE BALANCE SHEET / NET INTEREST MARGIN - UNAUDITED
(Dollars in thousands)
	Three Months Ended
	September 30, 2026					June 30, 2026					September 30, 2025
	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)
Assets
Interest earning deposits	$	3,899,455	$	36,548	3.67%	$	4,064,683	$	37,628	3.66%	$	4,409,220	$	49,639	4.47%
Investment securities (1)	3,925,752		45,663		4.65%	2,982,966		34,727		4.66%	2,931,351		36,091		4.88%
Loans and leases:




Commercial and industrial loans and leases: (2)
Corporate banking loans and leases	7,851,715		132,916		6.72%	7,513,518		127,198		6.79%	6,664,038		123,660		7.36%
Geographic and other commercial and industrial loans	2,202,293		35,560		6.41%	2,240,142		34,626		6.20%	2,145,416		48,467		8.96%

Mortgage finance loans	1,509,016		18,310		4.81%	1,590,328		17,078		4.31%	1,478,871		18,454		4.95%
Multifamily loans	2,668,582		32,060		4.77%	2,492,956		29,118		4.68%	2,306,373		25,931		4.46%

Non-owner occupied commercial real estate loans	2,103,198		32,440		6.12%	2,003,968		29,842		5.97%	1,635,937		24,148		5.86%
Residential mortgages	540,836		6,504		4.80%	527,816		6,265		4.75%	551,436		6,647		4.78%
Installment loans	1,032,560		27,971		10.75%	947,935		25,781		10.91%	938,890		26,413		11.16%




Total loans and leases (3)	17,908,200		285,761		6.33%	17,316,663		269,908		6.25%	15,720,961		273,720		6.91%
Other interest-earning assets	185,860		2,785		5.95%	174,621		2,394		5.50%	140,011		2,029		5.75%
Total interest-earning assets	25,919,267		370,757		5.67%	24,538,933		344,657		5.62%	23,201,543		361,479		6.19%
Non-interest-earning assets	840,905					828,466					729,180

Total assets	$	26,760,172				$	25,367,399				$	23,930,723
Liabilities
Interest checking accounts	$	5,296,900	$	43,330	3.25%	$	5,075,436	$	41,077	3.25%	$	4,983,168	$	48,105	3.83%
Money market deposit accounts	5,122,505		44,997		3.49%	4,593,765		39,880		3.48%	4,360,446		42,980		3.91%
Other savings accounts	1,501,599		12,755		3.37%	1,655,029		13,943		3.38%	1,485,652		14,724		3.93%
Certificates of deposit	3,684,179		38,357		4.13%	3,438,721		35,396		4.13%	3,108,831		36,174		4.62%
Total interest-bearing deposits (4)	15,605,183		139,439		3.55%	14,762,951		130,296		3.54%	13,938,097		141,983		4.04%
Federal funds purchased	1,576		16		4.00%	10,659		99		3.75%	—		—		—%

Borrowings	2,140,676		23,224		4.31%	1,989,478		20,896		4.21%	1,429,981		17,584		4.88%
Total interest-bearing liabilities	17,747,435		162,679		3.64%	16,763,088		151,291		3.62%	15,368,078		159,567		4.12%
Non-interest-bearing deposits (4)	6,529,941					6,183,251					6,362,360
Total deposits and borrowings	24,277,376				2.66%	22,946,339				2.64%	21,730,438				2.91%
Other non-interest-bearing liabilities	254,503					249,563					239,969

Total liabilities	24,531,879					23,195,902					21,970,407
Shareholders’ equity	2,228,293					2,171,497					1,960,316
Total liabilities and shareholders’ equity	$	26,760,172				$	25,367,399				$	23,930,723
Net interest income			208,078					193,366					201,912
Tax-equivalent adjustment			672					790					360
Net interest earnings			$	208,750				$	194,156				$	202,272
Interest spread					3.02%					2.98%					3.27%
Net interest margin					3.18%					3.15%					3.46%
Net interest margin tax equivalent (5)					3.19%					3.17%					3.46%















(1) For presentation in this table, average balances and the corresponding average yields for investment securities are based upon historical cost, adjusted for amortization of premiums and accretion of discounts.
(2) Includes owner occupied commercial real estate loans.
(3) Includes non-accrual loans, the effect of which is to reduce the yield earned on loans and leases, and deferred loan fees.

(4) Total costs of deposits (including interest bearing and non-interest bearing) were 2.50%, 2.50% and 2.77% for the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(5) Tax-equivalent basis, using an estimated marginal tax rate of 21% for the three months ended September 30, 2026 and June 30, 2026 and 26% for the three months ended September 30, 2025, presented to approximate interest income as a taxable asset.


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
AVERAGE BALANCE SHEET / NET INTEREST MARGIN - UNAUDITED (CONTINUED)
(Dollars in thousands)
	Nine Months Ended
	September 30, 2026					September 30, 2025
	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)
Assets
Interest earning deposits	$	4,150,858	$	116,006	3.69%	$	3,946,022	$	132,525	4.49%
Investment securities (1)	3,219,193		112,531		4.66%	2,973,600		107,811		4.85%
Loans and leases:




Commercial and industrial loans and leases: (2)
Corporate banking loans and leases	7,493,019		380,493		6.79%	6,286,158		352,792		7.50%
Geographic and other commercial and industrial loans	2,217,325		106,870		6.44%	2,082,261		116,935		7.51%

Mortgage finance loans	1,537,735		51,638		4.49%	1,411,814		51,555		4.88%
Multifamily loans	2,552,765		89,427		4.68%	2,299,335		74,876		4.35%

Non-owner occupied commercial real estate loans	2,005,840		89,993		6.00%	1,589,446		68,715		5.78%
Residential mortgages	531,043		19,009		4.77%	539,762		19,219		4.76%
Installment loans	964,415		78,208		10.84%	919,021		74,072		10.78%




Total loans and leases (3)	17,302,142		815,638		6.30%	15,127,797		758,164		6.70%
Other interest-earning assets	172,564		7,551		5.85%	133,921		5,889		5.88%
Total interest-earning assets	24,844,757		1,051,726		5.65%	22,181,340		1,004,389		6.05%
Non-interest-earning assets	844,846					694,136

Total assets	$	25,689,603				$	22,875,476
Liabilities
Interest checking accounts	$	5,123,095	$	124,430	3.25%	$	5,090,947	$	145,253	3.81%
Money market deposit accounts	4,696,501		121,517		3.46%	4,128,528		121,144		3.92%
Other savings accounts	1,578,500		40,278		3.41%	1,322,135		38,182		3.86%
Certificates of deposit	3,527,369		109,636		4.16%	2,905,047		102,757		4.73%
Total interest-bearing deposits (4)	14,925,465		395,861		3.55%	13,446,657		407,336		4.05%
Federal funds purchased	4,535		128		3.78%	—		—		—%

Borrowings	1,949,119		62,942		4.31%	1,398,401		50,992		4.88%
Total interest-bearing liabilities	16,879,119		458,931		3.63%	14,845,058		458,328		4.13%
Non-interest-bearing deposits (4)	6,369,545					5,891,249
Total deposits and borrowings	23,248,664				2.64%	20,736,307				2.95%
Other non-interest-bearing liabilities	258,502					235,938

Total liabilities	23,507,166					20,972,245
Shareholders’ equity	2,182,437					1,903,231
Total liabilities and shareholders’ equity	$	25,689,603				$	22,875,476
Net interest income			592,795					546,061
Tax-equivalent adjustment			1,719					1,089
Net interest earnings			$	594,514				$	547,150
Interest spread					3.01%					3.10%
Net interest margin					3.18%					3.29%
Net interest margin tax equivalent (5)					3.19%					3.30%



(1) For presentation in this table, average balances and the corresponding average yields for investment securities are based upon historical cost, adjusted for amortization of premiums and accretion of discounts.


(2) Includes owner occupied commercial real estate loans.
(3) Includes non-accrual loans, the effect of which is to reduce the yield earned on loans and leases, and deferred loan fees.
(4) Total costs of deposits (including interest bearing and non-interest bearing) were 2.49% and 2.82% for the nine months ended September 30, 2026 and 2025, respectively.









(5) Tax-equivalent basis, using an estimated marginal tax rate of 21% for the nine months ended September 30, 2026 and 26% for the nine months ended September 30, 2025, presented to approximate interest income as a taxable asset.


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
PERIOD END LOAN AND LEASE COMPOSITION - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025
Loans and leases held for investment
Commercial:




Commercial and industrial:
Corporate banking	$	7,786,058	$	7,095,862	$	6,815,740	$	6,529,609	$	6,575,844
Geographic and other	1,560,267		1,658,693		1,586,215		1,594,182		1,563,949

Mortgage finance	1,470,758		1,730,041		1,831,408		1,700,380		1,577,038
Multifamily	2,668,192		2,623,964		2,510,697		2,490,336		2,356,590
Commercial real estate owner occupied	1,221,205		1,270,575		1,279,501		1,135,119		1,058,741
Commercial real estate non-owner occupied	2,066,642		1,888,040		1,742,989		1,738,821		1,582,332
Construction	158,914		216,832		204,999		162,966		123,290

Total commercial loans and leases	16,932,036		16,484,007		15,971,549		15,351,413		14,837,784
Consumer:
Residential	512,410		508,187		495,458		497,567		514,544
Manufactured housing	23,451		24,763		26,065		27,452		28,749

Installment:
Personal	645,794		647,149		599,302		581,340		570,768
Other	288,137		292,583		278,890		298,642		320,405
Total installment loans	933,931		939,732		878,192		879,982		891,173

Total consumer loans	1,469,792		1,472,682		1,399,715		1,405,001		1,434,466
Total loans and leases held for investment	$	18,401,828	$	17,956,689	$	17,371,264	$	16,756,414	$	16,272,250

Loans held for sale
Commercial:








Commercial real estate non-owner occupied	$	—	$	—	$	—	$	—	$	4,700

Total commercial loans and leases	—		—		—		—		4,700
Consumer:
Residential	3,169		2,528		1,767		1,851		2,229

Installment:
Personal	104,626		53,101		17,056		23,357		23,728
Other	1,714		2,982		1,459		894		240
Total installment loans	106,340		56,083		18,515		24,251		23,968

Total consumer loans	109,509		58,611		20,282		26,102		26,197
Total loans held for sale	$	109,509	$	58,611	$	20,282	$	26,102	$	30,897

Total loans and leases portfolio	$	18,511,337	$	18,015,300	$	17,391,546	$	16,782,516	$	16,303,147


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
PERIOD END DEPOSIT COMPOSITION - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025

Demand, non-interest bearing	$	7,209,138	$	6,913,804	$	6,739,713	$	6,303,748	$	6,380,879
Demand, interest bearing	5,104,467		5,107,649		5,085,040		5,049,151		5,050,437
Total demand deposits	12,313,605		12,021,453		11,824,753		11,352,899		11,431,316
Savings	1,446,920		1,555,932		1,742,652		1,731,010		1,554,533
Money market	5,147,263		4,592,851		4,604,981		4,398,827		4,339,371
Time deposits	3,656,045		3,562,661		3,420,259		3,295,968		3,079,803
Total deposits	$	22,563,833	$	21,732,897	$	21,592,645	$	20,778,704	$	20,405,023


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY - UNAUDITED
(Dollars in thousands)
	As of September 30, 2026						As of June 30, 2026						As of September 30, 2025
Loan type	Total loans		Allowance for credit losses		Total reserves to total loans		Total loans		Allowance for credit losses		Total reserves to total loans		Total loans		Allowance for credit losses		Total reserves to total loans
Commercial:



Commercial and industrial	$	9,416,510	$	39,790	0.42	%	$	8,829,801	$	40,158	0.45	%	$	8,229,853	$	34,395	0.42	%



Multifamily	2,668,192		48,328		1.81	%	2,623,964		29,324		1.12	%	2,356,590		19,973		0.85	%
Commercial real estate owner occupied	1,221,205		4,451		0.36	%	1,270,575		10,226		0.80	%	1,058,741		10,991		1.04	%
Commercial real estate non-owner occupied	2,066,642		10,157		0.49	%	1,888,040		13,503		0.72	%	1,582,332		19,784		1.25	%
Construction	158,914		1,633		1.03	%	216,832		2,803		1.29	%	123,290		1,978		1.60	%

Total commercial loans and leases receivable	15,531,463		104,359		0.67	%	14,829,212		96,014		0.65	%	13,350,806		87,121		0.65	%

Consumer:
Residential	512,410		6,749		1.32	%	508,187		6,251		1.23	%	514,544		6,345		1.23	%
Manufactured housing	23,451		2,493		10.63	%	24,763		3,244		13.10	%	28,749		3,508		12.20	%
Installment	855,124		58,524		6.84	%	854,906		58,597		6.85	%	779,537		54,835		7.03	%



Total consumer loans receivable	1,390,985		67,766		4.87	%	1,387,856		68,092		4.91	%	1,322,830		64,688		4.89	%

Loans and leases receivable held for investment	16,922,448		172,125		1.02	%	16,217,068		164,106		1.01	%	14,673,636		151,809		1.03	%


Loans receivable, mortgage finance, at fair value	1,400,573		—		—	%	1,654,795		—		—	%	1,486,978		—		—	%
Loans receivable, installment, at fair value	78,807		—		—	%	84,826		—		—	%	111,636		—		—	%
Loans held for sale	109,509		—		—	%	58,611		—		—	%	30,897		—		—	%

Total loans and leases portfolio	$	18,511,337	$	172,125	0.93	%	$	18,015,300	$	164,106	0.91	%	$	16,303,147	$	151,809	0.93	%


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY - UNAUDITED (CONTINUED)
(Dollars in thousands)
	As of September 30, 2026						As of June 30, 2026						As of September 30, 2025
Loan type	Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs		Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs		Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs
Commercial:



Commercial and industrial	$	25,507	0.27	%	156.00	%	$	22,828	0.26	%	175.92	%	$	4,430	0.05	%	776.41	%



Multifamily	9,360		0.35	%	516.32	%	14,205		0.54	%	206.43	%	—		—	%	—	%
Commercial real estate owner occupied	5,550		0.45	%	80.20	%	5,692		0.45	%	179.66	%	3,932		0.37	%	279.53	%
Commercial real estate non-owner occupied	135		0.01	%	7523.70	%	135		0.01	%	10002.22	%	—		—	%	—	%
Construction	—		—	%	—	%	—		—	%	—	%	—		—	%	—	%

Total commercial loans and leases receivable	40,552		0.26	%	257.35	%	42,860		0.29	%	224.02	%	8,362		0.06	%	1041.87	%

Consumer:
Residential	6,178		1.21	%	109.24	%	6,740		1.33	%	92.74	%	7,631		1.48	%	83.15	%
Manufactured housing	1,015		4.33	%	245.62	%	1,047		4.23	%	309.84	%	1,315		4.57	%	266.77	%
Installment	4,218		0.49	%	1387.48	%	4,075		0.48	%	1437.96	%	4,225		0.54	%	1297.87	%



Total consumer loans receivable	11,411		0.82	%	593.87	%	11,862		0.85	%	574.03	%	13,171		1.00	%	491.14	%

Loans and leases receivable	51,963		0.31	%	331.25	%	54,722		0.34	%	299.89	%	21,533		0.15	%	705.01	%


Loans receivable, mortgage finance, at fair value	—		—	%	—	%	—		—	%	—	%	—		—	%	—	%
Loans receivable, installment, at fair value	1,326		1.68	%	—	%	1,231		1.45	%	—	%	1,872		1.68	%	—	%
Loans held for sale	150		0.14	%	—	%	69		0.12	%	—	%	5,016		16.23	%	—	%

Total loans and leases portfolio	$	53,439	0.29	%	322.10	%	$	56,022	0.31	%	292.93	%	$	28,421	0.17	%	534.14	%


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
NET CHARGE-OFFS/(RECOVERIES) - UNAUDITED
(Dollars in thousands)
	Q3		Q2		Q1		Q4		Q3		Nine Months Ended September 30,
	2026		2026		2026		2025		2025		2026		2025
Loan type




Commercial and industrial	$	5,584	$	2,648	$	2,576	$	1,620	$	2,180	$	10,808	$	9,282



Multifamily	(251)		4,880		2,630		4,612		—		7,259		3,834
Commercial real estate owner occupied	(175)		(332)		(5)		(40)		335		(512)		762
Commercial real estate non-owner occupied	—		—		—		(225)		3,073		—		3,073
Construction	—		—		—		—		—		—		(6)
Residential	—		20		—		16		25		20		21
Installment	7,508		7,363		8,054		7,766		9,758		22,925		28,664




Total net charge-offs (recoveries) from loans held for investment	$	12,666	$	14,579	$	13,255	$	13,749	$	15,371	$	40,500	$	45,630


CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
LOANS AND LEASES RISK RATINGS - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2026		2026		2026		2025		2025
Loans and leases (1) risk ratings:
Commercial loans and leases
Pass	$	15,124,187	$	14,434,943	$	13,803,943	$	13,316,507	$	12,927,467
Special Mention	134,422		132,704		159,714		216,462		187,794
Substandard	268,813		257,517		245,028		200,779		230,079

Total commercial loans and leases	15,527,422		14,825,164		14,208,685		13,733,748		13,345,340
Consumer loans
Performing	1,379,482		1,375,438		1,294,311		1,287,408		1,308,987
Non-performing	11,503		12,418		12,318		15,516		13,843
Total consumer loans	1,390,985		1,387,856		1,306,629		1,302,924		1,322,830
Loans and leases receivable (1)	$	16,918,407	$	16,213,020	$	15,515,314	$	15,036,672	$	14,668,170

(1) Risk ratings are assigned to loans and leases held for investment, and excludes loans held for sale, loans receivable, mortgage finance, at fair value, loans receivable, installment, at fair value and eligible PPP loans that are fully guaranteed by the Small Business Administration.

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED

We believe that the non-GAAP measurements disclosed within this document are useful for investors, regulators, management and others to evaluate our core results of operations and financial condition relative to other financial institutions. These non-GAAP financial measures are frequently used by securities analysts, investors, and other interested parties in the evaluation of companies in our industry. These non-GAAP financial measures exclude from corresponding GAAP measures the impact of certain elements that we do not believe are representative of our ongoing financial results, which we believe enhance an overall understanding of our performance and increases comparability of our period to period results. Investors should consider our performance and financial condition as reported under GAAP and all other relevant information when assessing our performance or financial condition. The non-GAAP measures presented are not necessarily comparable to non-GAAP measures that may be presented by other financial institutions. Although non-GAAP financial measures are frequently used in the evaluation of a company, they have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results of operations or financial condition as reported under GAAP. Starting in Q3 2025, certain adjustments to GAAP measures were no longer included as our intention going forward is to limit these adjustments to those items of greatest significance.

The following tables present reconciliations of GAAP to non-GAAP measures disclosed within this document.


Core Earnings - Customers Bancorp																					Nine Months Ended September 30,
	Q3 2026				Q2 2026				Q1 2026				Q4 2025				Q3 2025				2026				2025
(Dollars in thousands, except per share data)	USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share
GAAP net income to common shareholders	$	78,383	$	2.25	$	71,560	$	2.05	$	69,653	$	1.97	$	70,088	$	1.98	$	73,726	$	2.20	$	219,596	$	6.28	$	139,095	$	4.24
Reconciling items (after tax):







Impairment loss on debt securities	—		—		—		—		—		—		—		—		—		—		—		—		39,875		1.22


(Gains) losses on investment securities	620		0.02		(103)		0.00		(208)		(0.01)		(36)		0.00		(253)		(0.01)		309		0.01		1,011		0.03


Derivative credit valuation adjustment	—		—		—		—		—		—		—		—		—		—		—		—		210		0.01





Loss on redemption of preferred stock	—		—		—		—		—		—		2,799		0.08		—		—		—		—		1,908		0.06

Unrealized (gain) loss on loans held for sale	—		—		—		—		—		—		—		—		—		—		—		—		295		0.01
Loan program termination fees	—		—		—		—		—		—		—		—		—		—		—		—		(772)		(0.02)
Core earnings	$	79,003	$	2.27	$	71,457	$	2.05	$	69,445	$	1.97	$	72,851	$	2.06	$	73,473	$	2.20	$	219,905	$	6.28	$	181,622	$	5.54


Core Return on Average Assets - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
GAAP net income	$	78,383		$	71,560		$	69,653		$	74,492		$	75,745		$	219,596		$	149,596








Impairment loss on debt securities	—			—			—			—			—			—			39,875


(Gains) losses on investment securities	620			(103)			(208)			(36)			(253)			309			1,011


Derivative credit valuation adjustment	—			—			—			—			—			—			210






Unrealized (gain) loss on loans held for sale	—			—			—			—			—			—			295
Loan program termination fees	—			—			—			—			—			—			(772)
Core earnings	$	79,003		$	71,457		$	69,445		$	74,456		$	75,492		$	219,905		$	190,215








Average total assets	$	26,760,172		$	25,367,399		$	24,920,977		$	24,721,373		$	23,930,723		$	25,689,603		$	22,875,476

Core return on average assets	1.17		%	1.13		%	1.13		%	1.19		%	1.25		%	1.14		%	1.11		%

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)


Core Return on Average Common Equity - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
GAAP net income to common shareholders	$	78,383		$	71,560		$	69,653		$	70,088		$	73,726		$	219,596		$	139,095
Reconciling items (after tax):







Impairment loss on debt securities	—			—			—			—			—			—			39,875


(Gains) losses on investment securities	620			(103)			(208)			(36)			(253)			309			1,011


Derivative credit valuation adjustment	—			—			—			—			—			—			210





Loss on redemption of preferred stock	—			—			—			2,799			—			—			1,908

Unrealized (gain) loss on loans held for sale	—			—			—			—			—			—			295
Loan program termination fees	—			—			—			—			—			—			(772)
Core earnings	$	79,003		$	71,457		$	69,445		$	72,851		$	73,473		$	219,905		$	181,622








Average total common shareholders’ equity	$	2,228,293		$	2,171,497		$	2,146,518		$	2,093,510		$	1,878,115		$	2,182,437		$	1,787,227

Core return on average common equity	14.1		%	13.2		%	13.1		%	13.8		%	15.5		%	13.5		%	13.6		%


Core Efficiency Ratio - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025			2026			2025
GAAP net interest income	$	208,078		$	193,366		$	191,351		$	204,428		$	201,912		$	592,795		$	546,061

GAAP non-interest income (loss)	$	31,366		$	34,043		$	34,316		$	32,516		$	30,191		$	99,725		$	35,307



(Gains) losses on investment securities	796			(130)			(269)			(47)			(334)			397			1,303
Derivative credit valuation adjustment	—			—			—			—			—			—			270



Unrealized (gain) loss on loans held for sale	—			—			—			—			—			—			378
Impairment loss on debt securities	—			—			—			—			—			—			51,319
Loan program termination fees	—			—			—			—			—			—			(1,000)


Core non-interest income	32,162			33,913			34,047			32,469			29,857			100,122			87,577
Core revenue	$	240,240		$	227,279		$	225,398		$	236,897		$	231,769		$	692,917		$	633,638


GAAP non-interest expense	$	113,396		$	114,891		$	111,988		$	117,309		$	105,217		$	340,275		$	314,614








Core non-interest expense	$	113,396		$	114,891		$	111,988		$	117,309		$	105,217		$	340,275		$	314,614








Core efficiency ratio (1)	47.2		%	50.6		%	49.7		%	49.5		%	45.4		%	49.1		%	49.7		%

(1) Core efficiency ratio calculated as core non-interest expense divided by core revenue.

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)


Tangible Common Equity to Tangible Assets - Customers Bancorp

(Dollars in thousands, except per share data)	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
GAAP total shareholders’ equity	$	2,192,700		$	2,205,692		$	2,144,300		$	2,115,517		$	2,126,059
Reconciling items:
Preferred stock	—			—			—			—			(82,201)
Goodwill and other intangibles	(3,629)			(3,629)			(3,629)			(3,629)			(3,629)
Tangible common equity	$	2,189,071		$	2,202,063		$	2,140,671		$	2,111,888		$	2,040,229

GAAP total assets	$	27,411,648		$	26,520,789		$	25,880,767		$	24,895,868		$	24,260,163
Reconciling items:
Goodwill and other intangibles	(3,629)			(3,629)			(3,629)			(3,629)			(3,629)
Tangible assets	$	27,408,019		$	26,517,160		$	25,877,138		$	24,892,239		$	24,256,534

Tangible common equity to tangible assets	8.0		%	8.3		%	8.3		%	8.5		%	8.4		%


Tangible Book Value per Common Share - Customers Bancorp

(Dollars in thousands, except share and per share data)	Q3 2026		Q2 2026		Q1 2026		Q4 2025		Q3 2025
GAAP total shareholders’ equity	$	2,192,700	$	2,205,692	$	2,144,300	$	2,115,517	$	2,126,059
Reconciling Items:

Preferred stock	—		—		—		—		(82,201)
Goodwill and other intangibles	(3,629)		(3,629)		(3,629)		(3,629)		(3,629)
Tangible common equity	$	2,189,071	$	2,202,063	$	2,140,671	$	2,111,888	$	2,040,229

Common shares outstanding	33,340,010		33,772,598		33,692,632		34,191,223		34,163,506

Tangible book value per common share	$	65.66	$	65.20	$	63.54	$	61.77	$	59.72