WEST READING, Pa. (AP) — WEST READING, Pa. (AP) — Customers Bancorp Inc. (CUBI) on Thursday reported third-quarter profit of $75.7 million.
The bank, based in West Reading, Pennsylvania, said it had earnings of $2.20 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.90 per share.
The bank holding company posted revenue of $391.7 million in the period. Its revenue net of interest expense was $232.1 million, which also topped Street forecasts.
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