Customers Bancorp (CUBI) Q4 2025 earnings summary

Executive summary

• Achieved record core EPS of $7.61 for 2025, up 36% year-over-year, and core ROE of 13.8% for Q4 and full year.

• Total assets reached $24.9B, loans $16.8B, and deposits $20.8B at year-end 2025, reflecting double-digit year-over-year growth.

• Named a Top 10 Performing Bank by American Banker for five consecutive years, including #1 among midsize banks in 2024.

• Leadership transition completed with new CEO and ongoing board confidence in management.

• Continued to execute a high-touch, technology-driven commercial banking model, with significant investments in AI and payments platforms.

Financial highlights

• Net interest income rose 22% year-over-year to $204.4M in Q4 2025; full year net interest income reached $750.5M, up 14.7% from 2024.

• Tangible book value per share increased to $61.87 at year-end, up 14.2% year-over-year and 15% CAGR since 2019.

• Core efficiency ratio improved to 45.4% in Q4 2025; non-interest expense to average assets at 1.88%, among the lowest of regional peers.

• 5-year total shareholder return exceeded 300%, leading the industry.

• Non-interest income for Q4 2025 was $32.5M, up $2.3M from Q3 and $32.9M from Q4 2024.

Outlook and guidance

• 2026 guidance targets 8%-12% loan and deposit growth, net interest income of $800M-$830M, and non-interest expense of $440M-$460M.

• CET1 capital ratio expected at 11.5%-12.5%; effective tax rate projected at 23%-25%.

• Continued focus on team recruitment, payments capabilities, and AI/automation for productivity.