Seventh year Bank has earned recognition
WEST READING, Pa.--(BUSINESS WIRE)--Feb. 18, 2025--
Customers Bank, the over $22 billion asset subsidiary of Customers Bancorp (NYSE: CUBI), has been named one of America’s Best Banks by Forbes. This is the seventh year Customers Bank has earned this important recognition.
Forbes’ 16th annual America’s Best Banks list looks at the 200 largest publicly traded banks and thrifts by assets. It then ranks the top 100 by measuring growth, credit quality and profitability for the 12 months ending September 30, 2024, and stock performance for the 12 months ending January 10, 2025.
“Customers Bank is thrilled to be recognized as one of America’s Best Banks,” said Sam Sidhu, president and CEO of Customers Bank. “We adhere to a unique operating model that is anchored around a single point of contact, a focused product offering and a culture of exceptional customer service. This recognition from Forbes highlights our financial strength and commitment to outstanding credit quality.”
Introduced in 2008, Forbes’ annual America's Best Banks list evaluates net interest margin, return on average tangible common equity, return on average assets, CET1 ratio, efficiency ratio, nonperforming assets as a percentage of total assets, reserves as a percentage of total assets, risk-based capital ratio, operating revenue growth, and net charge-offs as a percentage of total loans.
For more information about Forbes and its America’s Best Banks list visit, forbes.com/lists/americas-best-banks.
Institutional Background
Customers Bancorp, Inc. (NYSE: CUBI) is one of the nation’s top-performing banking companies with over $22 billion in assets, making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. In addition to traditional lines such as C&I lending, commercial real estate lending and multifamily lending, Customers Bank also provides a number of national corporate banking services to specialized lending clients. Major accolades include:
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No. 1 on American Banker 2024 list of top-performing banks with $10B to $50B in assets
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No. 72 out of the 100 largest publicly traded banks in 2025 Forbes Best Banks list
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2024 Inc. Magazine Best in Business List in Financial Services Category
A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com.
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Jordan Baucum
Head of Corporate Communications
(951) 608-8314
jbaucum@customersbank.com
Source: Customers Bancorp, Inc.
