Customers Bancorp, Inc. (CUBI) Q4 2024 Earnings Call Transcript

Customers Bancorp, Inc. (NYSE:CUBI) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET

Company Participants

David Patti – Director of Communications
Jay Sidhu – Executive Chairman
Sam Sidhu – President and Chief Executive Officer
Phil Watkins – Chief Financial Officer

Conference Call Participants

Steve Moss – Raymond James
Peter Winter – D.A. Davidson
Kelly Motta – KBW
Matthew Breese – Stephens
Hal Goetsch – B. Riley Securities

Operator

Hello and welcome to the Customers Bancorp, Inc. 2024 Fourth Quarter and Year-End Earnings Report. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to David Patti of Customers Bank. You may begin.

David Patti

Thank you, Sarah, and good morning, everyone. Thank you for joining us for the Customers Bancorp earnings webcast for Q4 and the full-year 2024. The presentation deck you will see during today’s webcast has been posted on the Investors webpage of the bank’s website at www.customersbank.com. You can scroll to Q4 and full-year ‘24 results and click download presentation. You can also download a PDF of the full press release at the spot.

Our investor presentation includes important details that we will walk through in this morning’s webcast. I encourage you to download and use the document. Before we begin, we would like to remind you that some of the statements we make today may be considered forward-looking. These forward-looking statements are subject to a number of risk and uncertainties that may cause actual performance results to differ materially from what is currently anticipated.

Please note that these forward-looking statements speak only as of the date of this presentation, and we undertake no obligation to update these forward-looking statements in light of

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