Sep 2026 (Q3 FY26) — Oct 23, 2026
Customers Bancorp Q3 FY26 — Record Deposits & Loans, Strong AI Productivity, and NIM Expansion
Read the full callCustomers Bancorp earnings: last reported Fri, 23 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 71.6 | +17.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
1 of 1 judged target kept · 11 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Net Interest Margin | move back toward first quarter levels | Jun 2026 | As we signaled last quarter, the second quarter was expected to be the low point for our margin in 2026. Our third quarter net interest margin expanded 2 basis points to 3.19%. | Achieved |
| cubiX deposits | growth area | Jun 2026 | With this diversification, we believe there is substantial opportunity ahead to continue to increase low-cost deposits on the platform. | On Track |
11 of Customers Bancorp, Inc.'s 12 targets are still open. See which are on track and which have gone quiet. The 2 above are the free sample; 10 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $64.01 on 22 Oct 2025 → $84.54. High $84.54 (23 Oct 2026), low $63.94 (20 Nov 2025).
Overview
Guidance
1 of 1 judged target kept · 11 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Net Interest Margin | move back toward first quarter levels | Jun 2026 | As we signaled last quarter, the second quarter was expected to be the low point for our margin in 2026. Our third quarter net interest margin expanded 2 basis points to 3.19%. | Achieved |
| cubiX deposits | growth area | Jun 2026 | With this diversification, we believe there is substantial opportunity ahead to continue to increase low-cost deposits on the platform. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 12 tracked commitments, with each call’s wording and source.
Call summaries
Customers Bancorp Q3 FY26 — Record Deposits & Loans, Strong AI Productivity, and NIM Expansion
Read the full callCustomers Bancorp Q2 FY26 — Record Loans, Deposits, and TBV per Share Driven by AI and Strategic Growth
Read the full callEvery analysed call
Financials
Net profit, year on year: +17% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Profit before tax | 46 | 36 | 12 | 79 | 100 | 97 | 90 | 89 |
| Tax rate | −1.6% | 24.9% | −8.6% | 22.8% | 24.5% | 23.4% | 22.9% | 20.0% |
| Net profit | 47 | 27 | 13 | 61 | 76 | 74 | 70 | 72 |
| EPS ($ per share) | 1.36 | — | 0.30 | 1.77 | 2.28 | — | 2.04 | 2.12 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 32 | 33 | 33 | 35 | 35 | 35 | 36 | 36 |
| Reserves | 317 | 382 | 439 | 706 | 924 | 1,160 | 1,326 | 1,535 |
| Total liabilities | 8,877 | 10,468 | 17,322 | 18,209 | 19,493 | 19,678 | 20,472 | 22,780 |
| Fixed assets | 11 | 9 | 11 | 9 | 9 | 7 | 7 | 17 |
| Total assets | 9,833 | 11,521 | 18,439 | 19,575 | 20,896 | 21,316 | 22,308 | 24,896 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 97 | 78 | 133 | 296 | -21 | 125 | 145 | 495 |
| Cash from investing | -104 | -1,444 | -6,425 | -1,201 | -1,298 | 3,158 | -1,006 | -2,057 |
| Cash from financing | -78 | 1,517 | 6,773 | 755 | 1,257 | 108 | 801 | 2,188 |
| Net cash flow | -84 | 150 | 481 | -175 | -62 | 3,391 | -60 | 626 |
| Capital expenditure | -2 | -2 | -5 | -1 | -4 | -1 | -1 | -14 |
| Free cash flow | 96 | 77 | 128 | 295 | -25 | 124 | 144 | 481 |
| KPI | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Net interest margin | 3.17%As we signaled last quarter, our second quarter net interest margin of 3.17% is expected to be the low point for 2026.Source: earnings call transcript | 3.19%Our third quarter net interest margin expanded 2 basis points to 3.19%.Source: earnings call transcript | 0 pt |
| Common equity tier 1 ratio (CET1) | 12.8%Our CET1 ratio was 12.8%, and our TCE to TA ratio grew 40 basis points year-over-year to 8.3%, even as tangible assets grew 18% over the same period.Source: earnings call transcript | 12.6%Our estimated CET1 ratio was 12.6% and our tangible common equity to tangible assets ratio was 8%, while we grew our tangible assets by over 3% and repurchased nearly 500,000 shares or about 1.5% of our common stock during the quarter.Source: earnings call transcript | -0.2 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
121 filings between Nov 5, 2025 and Sep 15, 2026.
Purchases
$72.6K
1 purchase by 1 insider
Sales
$31.98M
17 sales by 6 insiders
Also filed: 3 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| SIDHU JAY S | — | $26.38M | Aug 3, 2026 |
| Cunningham Lyle | — | $3.59M | May 29, 2026 |
| Allon Andrea R. | — | $828.1K | Aug 13, 2026 |
| Banks Bernard Bennett | — | $602.4K | Nov 7, 2025 |
| Watkins Philip | — | $415.6K | May 11, 2026 |
| Velasquez Jessie John Deano | — | $159.3K | Dec 9, 2025 |
| Sidhu Samvir S. | $72.6K | — | May 12, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 15, 2026 | Banks Bernard Bennett Director | Award | 879 | $69.4K |
| Sep 15, 2026 | BUFORD ROBERT J Director | Award | 847 | $66.8K |
| Sep 15, 2026 | Gill Mike Director | Award | 625 | $49.3K |
| Sep 15, 2026 | Krasne Robert Morris Director | Award | 847 | $66.8K |
| Sep 15, 2026 | Allon Andrea R. Director | Award | 625 | $49.3K |
| Sep 15, 2026 | Way T Lawrence Director | Award | 847 | $66.8K |
| Sep 15, 2026 | Looney Susan Dianne Director | Award | 625 | $49.3K |
| Sep 15, 2026 | Zuckerman Steven J Director | Award | 1,053 | $83.1K |
| Sep 15, 2026 | Sirmans Dalton Talley Director | Award | 736 | $58.1K |
| Sep 3, 2026 | Robinson Nicholas John Chief Risk Officer | Tax withheld | 479 | $38.1K |
| Aug 13, 2026 | Allon Andrea R. Director | Sale | 10,000 | $828.1K |
| Aug 3, 2026 | SIDHU JAY S Chairman | Sale | 68,821 | $5.51M |
| Jul 30, 2026 | SIDHU JAY S Chairman | Sale | 835 | $66.0K |
| Jul 29, 2026 | SIDHU JAY S Chairman | Sale | 30,344 | $2.40M |
| Jun 15, 2026 | Sirmans Dalton Talley Director | Award | 737 | $57.6K |
| Jun 15, 2026 | Way T Lawrence Director | Award | 849 | $66.4K |
| Jun 15, 2026 | Krasne Robert Morris Director | Award | 849 | $66.4K |
| Jun 15, 2026 | Looney Susan Dianne Director | Award | 625 | $48.9K |
| Jun 15, 2026 | Mackay Robert Neil Director | Award | 522 | $40.8K |
| Jun 15, 2026 | BUFORD ROBERT J Director | Award | 849 | $66.4K |
| Jun 15, 2026 | Banks Bernard Bennett Director | Award | 881 | $68.9K |
| Jun 15, 2026 | Gill Mike Director | Award | 625 | $48.9K |
| Jun 15, 2026 | ROTHERMEL DANIEL K Director | Award | 385 | $30.1K |
| Jun 15, 2026 | Allon Andrea R. Director | Award | 625 | $48.9K |
| Jun 15, 2026 | Zuckerman Steven J Director | Award | 958 | $74.9K |
| May 29, 2026 | Cunningham Lyle Chief Banking Officer | Option exercise | 5,123 | $98.8K |
| May 29, 2026 | Cunningham Lyle Chief Banking Officer | Sale | 47,914 | $3.59M |
| May 29, 2026 | Cunningham Lyle Chief Banking Officer | Option exercise | 10,000 | $283.7K |
| May 27, 2026 | SIDHU JAY S Chairman | Sale | 60,315 | $4.60M |
| May 12, 2026 | Sidhu Samvir S. CEO | Purchase | 1,000 | $72.6K |
| May 11, 2026 | Watkins Philip EVP, Head of Corp Development | Sale | 3,000 | $227.0K |
| Apr 12, 2026 | Sidhu Samvir S. CEO | Tax withheld | 1,389 | $102.8K |
| Apr 12, 2026 | SIDHU JAY S Chairman | Tax withheld | 1,325 | $98.0K |
| Apr 8, 2026 | Sidhu Samvir S. CEO | Award | 5,285 | $390.0K |
| Apr 8, 2026 | SIDHU JAY S Chairman | Award | 7,047 | $520.1K |
| Apr 8, 2026 | MCCOLLOM MARK R Chief Financial Officer | Award | 2,711 | $200.1K |
| Apr 8, 2026 | SIDHU JAY S Chairman | Tax withheld | 1,461 | $107.8K |
| Apr 8, 2026 | Watkins Philip EVP, Head of Corp Development | Tax withheld | 568 | $41.9K |
| Apr 8, 2026 | Sidhu Samvir S. CEO | Tax withheld | 1,562 | $115.3K |
| Apr 6, 2026 | Sidhu Samvir S. CEO | Tax withheld | 6,716 | $481.5K |
| Apr 6, 2026 | Sidhu Samvir S. CEO | Award | 12,255 | $878.7K |
| Apr 6, 2026 | SIDHU JAY S Chairman | Award | 17,036 | $1.22M |
| Apr 6, 2026 | SIDHU JAY S Chairman | Tax withheld | 6,705 | $480.7K |
| Apr 6, 2026 | SIDHU JAY S Chairman | Award | 17,037 | $1.22M |
| Apr 6, 2026 | SIDHU JAY S Chairman | Tax withheld | 6,908 | $495.3K |
| Apr 6, 2026 | SIDHU JAY S Chairman | Award | 17,553 | $1.26M |
| Apr 6, 2026 | SIDHU JAY S Chairman | Tax withheld | 3,010 | $215.8K |
| Apr 6, 2026 | Sidhu Samvir S. CEO | Award | 12,255 | $878.7K |
| Apr 6, 2026 | Sidhu Samvir S. CEO | Tax withheld | 6,920 | $496.2K |
| Apr 6, 2026 | Sidhu Samvir S. CEO | Award | 12,626 | $905.3K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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