Business UpdateApr 15, 2026, 05:11 PM
Customers Bancorp Assets Grew 14% CAGR to $24.9B by 2025
AI Summary
Customers Bancorp reported robust organic growth and profitability from 2019 to 2025. Total assets increased at a 14% CAGR to $24.9 billion, while total deposits grew 16% CAGR to $20.8 billion. Core EPS surged from $2.35 to $7.61, positioning the company as a top EPS compounder. The letter also confirmed Sam Sidhu's succession as CEO, with Jay Sidhu transitioning to Executive Chairman.
Key Highlights
- Total assets grew 14% CAGR from $11.5 billion (2019) to $24.9 billion (2025).
- Total deposits grew 16% CAGR from $8.6 billion (2019) to $20.8 billion (2025).
- Core EPS increased from $2.35 (2019) to $7.61 (2025).
- Tangible book value per share grew 15%+ CAGR to $61.77 (2025).
- Sam Sidhu succeeded Jay Sidhu as CEO; Jay Sidhu became Executive Chairman.