Craft

Customers Bank

Stock Price

$49.5

2024-09-04

Market Capitalization

$1.6 B

2024-09-04

Revenue

$70.6 M

FY, 2023

Customers Bank Summary

Company Summary

Overview
Customers Bank is a bank that offers commercial and consumer banking services. Its commercial products include cash management, commercial and industrial loans, small business loans, SBA government-guaranteed loans, commercial and multi-family real estate loans, and financing for leasing businesses and residential developers.
Type
Public
Status
Active
Founded
1997
HQ
Wyomissing, PA, US | view all locations
Website
https://www.customersbank.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Sam Sidhu

    Sam Sidhu, Vice Chairman, President and Chief Executive Officer

    • Lyle P. Cunningham, Executive Vice President and Chief Lending Officer

      • Andrew Bowman

        Andrew Bowman, Senior Executive Vice President and Chief Credit Officer

        • Glenn A. Hedde, Executive Vice President, Banking for Mortgage Companies

          Operating MetricsView all

          Bank Branches

          14

          Q2, 2017

          Non-performing Loans

          $19.2M
          31.1%

          Q2, 2017

          Total Loans

          $6.7B
          10.0%

          Q2, 2017

          LocationsView all

          2 locations detected

          • Wyomissing, PA HQ

            United States

            1015 Penn Ave #103

          • Reading, PA

            United States

            701 Reading Ave

          Customers Bank Financials

          Summary Financials

          Revenue (Q2, 2024)
          $31.0M
          Net income (Q2, 2024)
          $58.1M
          Cash (Q2, 2024)
          $3.0B
          Enterprise value
          ($1.5B)

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