Customers Bancorp: Improving Profitability Ratios For This Regional Bank
TBBKThe Bancorp(TBBK) Seeking Alpha·2024-07-30 14:27
SDI Productions Introduction Customers Bancorp (NYSE:CUBI) is a regional bank in Pennsylvania that just reported a strong second quarter, beating on both the top and bottom line. With the market not rewarding shares higher post-results, I think the market is underappreciating a notable increase in its net interest margin, up 19bps to 3.29%. This uptick highlights the bank’s successful shift towards higher-yielding loans and improved deposit cost management. Despite a slight decrease in total assets and  ...