Customers Bancorp reports near-level quarterly earnings, awaits BankMobile spinoff

CUSTOMERS BANCORP, the parent company of digital banking service BankMobile, reported relatively flat quarterly earnings.
PROVIDENCE – Customers Bancorp Inc., the parent company of the branchless digital bank BankMobile, reported a net income of $20 million for the second quarter, slightly below a net income of $20.1 million a year earlier. The Pennsylvania-based company, which operates Customers Bank, recently said its BankMobile division, offering low-cost digital banking to 1.8 million…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -