CUSTOMERS BANCORP REPORTS STRONG Q1 2014 NET INCOME AND RECORD ORGANIC LOAN AND DEPOSIT GROWTH
Wyomissing, PA — April 21, 2014 — Customers Bancorp, Inc. (NASDAQ: CUBI), the parent company of Customers Bank (collectively “Customers”), reported earnings of $8.1 million for the quarter ended March 31, 2014 (“Q1 2014”) compared to earnings of $7.2 million for the quarter ended March 31, 2013 (“Q1 2013”), an increase of 13.2%. Q1 2014 fully diluted earnings per share was $0.32. Total shares outstanding at March 31, 2014 were 24.3 million, up from 18.5 million shares outstanding at March 31, 2013. During Q1 2014 Customers funded loan balances (including mortgage warehouse loans held