WYOMISSING, Pa., Oct. 11, 2017 (GLOBE NEWSWIRE) -- Customers Bancorp, Inc. (NYSE:CUBI), the parent company of
Customers Bank (collectively referred to as "Customers" or the “Company”), today announced that it will host a conference call at
5:00 PM ET on Wednesday, October 25, 2017 to discuss its earnings results for the three months ending September 30, 2017. The third
quarter 2017 earnings press release will be issued prior to the start of the earnings call.
Date: Wednesday, October 25, 2017
Time: 5:00 PM ET
US Dial-in: +1 (800) 243-6403
International Dial-in: +1 (719) 325-2200
Participant Passcode: 247666
Please dial in at least 10 minutes before the start of the call to ensure timely participation. Slides
accompanying the presentation will be available on the Company's website at http://customersbank.com/investor_relations.php prior to the call.
Please submit any questions you have regarding Customers' third quarter 2017 earnings in advance
to rwahlman@customersbank.com and the executives will address them on the call. The Company will
also open the lines to questions following management’s presentation of the third quarter results. A playback of the call
will be available beginning October 25, 2017 at 8:00 PM ET until 8:00 PM ET on November 24, 2017. To listen, call within
the United States 888-203-1112, or 719-457-0820 when calling internationally. Please use the replay pin number 8954747.
About Customers Bancorp, Inc. and Customers Bank
Customers Bancorp, Inc. is a bank holding company located in Wyomissing, Pennsylvania engaged in banking and related businesses
through its bank subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank with assets of approximately
$10.9 billion that was named by Forbes magazine as the 35th Best Bank in America (there are over 6,200 banks in the
United States). A member of the Federal Reserve System and with deposits insured by the Federal Deposit Insurance Corporation,
Customers Bank is an equal opportunity lender that provides a range of banking services to small and medium-sized businesses,
professionals, individuals and families through offices in Pennsylvania, New York, Rhode Island, Massachusetts, New Hampshire and
New Jersey. Committed to fostering customer loyalty, Customers Bank uses a High Tech/High Touch strategy that includes use of
industry-leading technology to provide customers better access to their money, as well as Concierge Banking® by appointment at
customers’ homes or offices 12 hours a day, seven days a week. Customers Bank offers a continually expanding portfolio of loans to
small businesses, multi-family projects, mortgage companies and consumers. BankMobile is a division of Customers Bank, offering
state of the art high tech digital banking services with a high level of personal customer service.
Customers Bancorp, Inc.'s voting common shares are listed on the New York Stock Exchange under the symbol CUBI.
Additional information about Customers Bancorp, Inc. can be found on the Company's website, 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," 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 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. In addition, important factors relating to the
acquisition of the Disbursements business, the combination of Customers’ BankMobile business with the acquired Disbursements
business and the implementation of Customers Bancorp, Inc.’s strategy regarding BankMobile, including with respect to the possible
disposition of the BankMobile business, as well as the valuation of Customers Bancorp, Inc.’s equity investment in Religare
Enterprises Limited, depending upon market conditions and opportunities, also could cause Customers Bancorp’s actual results to
differ from those in the forward looking statements. 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, 2016, subsequently filed quarterly
reports on Form 10-Q and current reports on Form 8-K 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.
Contacts:
Jay Sidhu, Chairman & CEO 610-935-8693
Richard Ehst, President & COO 610-917-3263
Investor Contact:
Robert Wahlman, CFO 610-743-8074
