Investing.com - Customers Bancorp reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Customers Bancorp announced earnings per share of $2.30 on revenue of $175.41. Analysts polled by Investing.com anticipated EPS of $1.98 on revenue of $179.09M.
Customers Bancorp shares are up 102.69% from the beginning of the year and are trading at $32.66 , down-from-52-week-high.
Customers Bancorp shares gained 0.90% in after-hours trade the report.
Customers Bancorp follows other major Financial sector earnings this month
Customers Bancorp's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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