On February 11, 2026, Customers Bancorp, Inc. (NYSE: CUBI) announced that its Board of Directors authorized a new common‑stock repurchase plan that will allow the company to buy back up to $100 million of its outstanding shares over a one‑year period beginning February 12, 2026. The plan gives the board discretion to conduct purchases through open‑market transactions or privately negotiated deals, with the timing, price and quantity determined by the board based on capital position, liquidity, financial performance, alternative uses of capital, stock price, regulatory requirements and market conditions.
CEO Sam Sidhu said the authorization reflects the company’s strengthened capital position and its ability to generate earnings. “Over the past several years, we have deliberately strengthened our capital position, executed on our strategic priorities, grown franchise value, and organically increased our earnings power. As a result of those efforts, the Board of Directors believes it is prudent to once again have a common stock repurchase authorization in place that provides us flexibility to deploy capital strategically while continuing to support our clients and our long‑term growth strategy,” Sidhu said.
The repurchase plan comes on the back of a strong 2025 financial performance. Net income for the fourth quarter of 2025 was $70.1 million, or $1.98 per diluted share, while full‑year 2025 net income reached $209.2 million, or $6.26 per diluted share. Net interest income for 2025 totaled $750.5 million, up 14.7 percent from 2024, and Q4 2025 net interest income was $204.4 million, up $2.5 million from the prior quarter. The bank also targets 8‑12 percent growth in loans and deposits for 2026, underscoring its confidence in continued credit expansion.
The buyback program is a strategic tool that signals confidence in the company’s balance sheet and provides a flexible mechanism to return value to shareholders. By repurchasing shares at a price that management believes is below intrinsic value, the program can accrete earnings per share and support the share price over time. The move aligns with Customers Bancorp’s high‑tech, high‑touch banking strategy, which focuses on business lending, digital banking and specialized corporate banking services. With more than $24 billion in assets and recognition as a top‑performing bank for several consecutive years, the company is well positioned to deploy capital in a way that supports both its growth objectives and shareholder interests.
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