Customers Bancorp has recently released its 10-Q report for the three months ended March 31, 2026. Customers Bancorp, Inc. is the bank holding company for Customers Bank, with operations centered on deposit products, commercial and consumer lending, and payments and treasury services. Its businesses include commercial and industrial, commercial real estate, multifamily, residential mortgage, SBA, specialty lending, and digital banking services for fintech and business clients.
In Item 2, management said the quarter was shaped by continued uncertainty around interest rates, inflation, tariffs, banking-industry stress, and geopolitical conflict. The Federal Reserve left the federal funds target range unchanged at its January, March, and April 2026 meetings, and Customers said it was still assessing the timing and extent of any future rate cuts. Management said the bank maintained higher liquidity, reserves, and capital ratios, shifted its loan mix toward lower-credit-risk commercial loans with floating or adjustable rates during the higher-rate period, and has been reducing asset sensitivity as rates begin to decline through derivative hedging and investment-securities rebalancing.
As of March 31, 2026, the Bank reported about $6.3 billion of immediate available liquidity from the Federal Reserve and FHLB, plus $4.8 billion of cash on hand. Estimated FDIC-insured deposits were about 57% of total deposits, rising to 66% when collateralized and affiliate deposits were treated as FDIC-insured. The allowance for credit losses increased from December 31, 2025, mainly because of slightly weaker macroeconomic forecasts and higher loan balances held for investment; the provision for credit losses on loans and leases was $18.6 million for the quarter, and the ending allowance for credit losses was $170.4 million. The market has reacted to these announcements by moving the company's shares -0.83% to a price of $77.26. If you want to know more, read the company's complete 10-Q report here.
