Exhibit 99.1

Customers Bancorp, Inc. (NYSE:CUBI)

701 Reading Avenue

West Reading, PA 19611

Contacts:
Jordan Baucum, Head of Corporate Communications 951-608-8314

Customers Bancorp Reports Results for Third Quarter 2025

Third Quarter 2025 Highlights

•Q3 2025 net income available to common shareholders was $73.7 million, or $2.20 per diluted share; ROAA was 1.26% and ROCE was 15.57%.

•Q3 2025 core earnings*1 were $73.5 million, or $2.20 per diluted share; Core ROAA* was 1.25% and Core ROCE* was 15.52%.

•Q3 2025 net interest margin, tax equivalent (“NIM”) was 3.46%, compared to Q2 2025 NIM of 3.27%, an increase of 19 basis points, primarily due to higher interest income from loan and leases and higher average non-interest bearing deposit balances.

•CET 1 ratio of 13.0%2 at September 30, 2025, compared to 12.1% at June 30, 2025 primarily driven by the successful common equity raise.

•Q3 2025 book value per share and tangible book value per share* both grew by approximately $3.48, or 6.2% over Q2 2025, or 24.8% annualized, with a tangible book value per share* of $59.72 at September 30, 2025.

CEO Commentary

West Reading, Pa, October 23, 2025 - “We are pleased with our third quarter results that show the company’s continued execution of its strategic priorities and underscore our success in growing franchise value,” said Customers Bancorp Chairman and CEO Jay Sidhu.

“During the quarter, we successfully raised $163 million of common equity (net of issuance costs) which further strengthened our already solid capital position and gives us flexibility to potentially redeem the remaining tranche of preferred stock in our capital structure in the fourth quarter of 2025. The success of this offering reflects a clear vote of confidence in our strategy, our team, and the disciplined execution of our business model. We appreciate the trust our new shareholders have placed in us, and we are fully committed to execute to continue to deliver top tier returns.

Our Q3 2025 GAAP earnings were $73.7 million, or $2.20 per diluted share, and core earnings* were $73.5 million, or $2.20 per diluted share. Asset quality remains strong with our NPA ratio at just 0.25% of total assets and reserve levels are robust at 534% of total non-performing loans at the end of Q3 2025. Our TCE / TA ratio* increased by 50 basis points to 8.4% while our balance sheet grew by 7.6%. We believe that our unique strategy, the investments we have continued to make, and the exceptional talent across our organization position us strongly for continued success,” Jay Sidhu continued.

*Non-GAAP measure. Customers’ reasons for the use of the non-GAAP measure and a detailed reconciliation between the non-GAAP measure and the comparable GAAP amount are included at the end of this document.

1 Excludes pre-tax gains on investment securities of $0.3 million.

2 Regulatory capital ratios as of September 30, 2025 are estimates.

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Key Balance Sheet Trends

Loans and Leases Held for Investment

Loans and leases held for investment were $16.3 billion at September 30, 2025, up $893 million, or 5.8%, from June 30, 2025. Specialized lending increased by $629 million, or 9.7% quarter-over-quarter, to $7.1 billion. Multifamily loans increased by $109 million, or 4.9% to $2.4 billion. Consumer installment loans increased by $89 million, or 11.1% to $891 million. Non-owner occupied commercial real estate loans increased by $85 million, or 5.7% to $1.6 billion. Construction loans increased by $25 million, or 25.0% to $123 million and other commercial & industrial loans increased by $18 million, or 1.8% to $1.1 billion. These increases were partially offset by decreases in mortgage finance loans of $49 million, or 3.0% to $1.6 billion, and owner-occupied commercial real estate loans of $6 million, or 0.6% to $1.1 billion.

Loans and leases held for investment of $16.3 billion at September 30, 2025 were up $2.5 billion, or 18.1%, year-over-year. Specialized lending increased by $1.6 billion, or 29.5%, year-over-year. Non-owner occupied commercial real estate loans increased by $256 million, or 19.3%. Multifamily loans increased by $241 million, or 11.4%. Mortgage finance loans increased by $209 million, or 15.3%. Consumer installment loans increased $171 million, or 23.8%, inclusive of the transfer from loans held for sale in Q1 2025. Owner-occupied commercial real estate loans increased by $77 million, or 7.8%. These increases were partially offset by decreases in construction loans of $51 million, or 29.4%, and other commercial and industrial loans of $31 million, or 2.9%.

Investment Securities

At September 30, 2025, total investment securities were $2.8 billion, an increase of $82 million compared to June 30, 2025 and a decrease of $664 million compared to a year ago.

At September 30, 2025, the AFS debt securities portfolio had a spot yield of 5.81%, an effective duration of approximately 2.1 years, and approximately 29% are variable rate. Additionally, 67% of the AFS securities portfolio was AAA rated at September 30, 2025.

At September 30, 2025, the HTM debt securities portfolio represented only 3.3% of total assets, had a spot yield of 3.68% and an effective duration of approximately 3.7 years. Additionally, at September 30, 2025, approximately 58% of the HTM securities were AAA rated and $0.3 billion were credit enhanced asset backed securities with no current expectation of credit losses.

Deposits

Total deposits increased $1.4 billion to $20.4 billion at September 30, 2025 as compared to the prior quarter. The total average cost of deposits decreased by 8 basis points to 2.77% in Q3 2025 from 2.85% in the prior quarter. Total estimated uninsured deposits were $6.8 billion1, or 33% of total deposits (inclusive of accrued interest) at September 30, 2025 with immediately available liquidity covering approximately 146% of these deposits.

Total deposits increased $2.3 billion, or 13%, to $20.4 billion at September 30, 2025 as compared to a year ago. The total average cost of deposits decreased by 69 basis points to 2.77% in Q3 2025 from 3.46% in the prior year.

Borrowings

Total borrowings increased slightly to $1.5 billion at September 30, 2025 as compared to the prior quarter. Total borrowings increased $79 million, or 6%, to $1.5 billion at September 30, 2025 as compared to a year ago. This increase primarily resulted from net draws of $85 million in FHLB advances.

1Uninsured deposits (estimate) of $8.7 billion to be reported on the Bank’s call report, less deposits of $1.7 billion collateralized by standby letters of credit from the FHLB and from our affiliates of $227 million.

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Capital

Customers Bancorp’s common equity increased $263 million to $2.0 billion, and tangible common equity* increased $263 million to $2.0 billion, at September 30, 2025 compared to the prior quarter, respectively, primarily from earnings of $74 million and the issuance of 2,518,248 shares at $68.50 (before issuance costs) on September 5, 2025. Customers Bancorp’s common equity increased $380 million to $2.0 billion, and tangible common equity* increased $380 million to $2.0 billion, at September 30, 2025 compared to a year ago, respectively, primarily from earnings of $162 million, the issuance of 2,518,248 shares and a decrease in AOCI of $55 million (net of taxes) mostly from decreased unrealized losses on investment securities, offset in part by $7 million of common share repurchases. Book value per common share increased to $59.83 from $56.36 and $53.07, and tangible book value per common share* increased to $59.72 from $56.24 and $52.96, at September 30, 2025, June 30, 2025 and September 30, 2024, respectively.

Credit Quality

The provision for credit losses in Q3 2025 was $27 million, compared to $21 million in Q2 2025 and $17 million in Q3 2024.

Net charge-offs were $15 million in Q3 2025, compared to $13 million in Q2 2025, and $17 million in Q3 2024.

The allowance for credit losses on loans and leases was $152 million at September 30, 2025, compared to $147 million at June 30, 2025 and $133 million at September 30, 2024.

Non-performing loans at September 30, 2025 decreased to 0.17% of total loans and leases, compared to 0.18% at June 30, 2025 and 0.34% at September 30, 2024.

Key Profitability Trends

Net Interest Income

Net interest income totaled $201.9 million in Q3 2025, an increase of $25.2 million from Q2 2025. This increase was driven by an increase in interest income of $33.5 million primarily due to higher average loan balances, higher average interesting earning deposits, and higher discount accretion.

“Net interest margin continued to expand in the quarter as we realized the benefits of deposit led loan growth, growth in non-interest bearing and lower-cost deposits, and well managed funding costs,” stated Customers Bancorp President Sam Sidhu. “We continue to have positive drivers to net interest income on both sides of the balance sheet. We have a strong loan pipeline and our primarily deposit focused commercial banking team recruitment strategy continued to gain momentum with an additional 4 teams joining in the third quarter. This represents 7 new teams in 2025 and our recruitment pipeline remains strong,” stated Sam Sidhu.

Net interest income totaled $201.9 million in Q3 2025, an increase of $43.4 million from Q3 2024. This increase was primarily due to lower interest expense from a favorable shift in deposit mix and lower market interest rates, and higher interest income primarily due to higher average loan balances, higher average interesting earning deposits, and higher discount accretion.

Non-Interest Income

Reported non-interest income totaled $30.2 million for Q3 2025, an increase of $0.6 million compared to $29.6 million for Q2 2025. The increase was primarily due to an increase in loan fees primarily resulting from the settlement of certain stock warrants and a decrease in net loss on sale of investment securities, partially offset by a decrease in other non-interest income of $4.3 million primarily from a decrease of $1.5 million in gain on sale of leased assets and $1.8 million of fees in Q2 2025 associated with the sunsetting of a loan origination program with a fintech company, which was acquired by a bank.

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Non-interest income totaled $30.2 million for Q3 2025, an increase of $21.6 million compared to Q3 2024. The increase was primarily due to $14.3 million of loss on leases of commercial clean vehicles that were accounted for as sales-type leases and included within net gain (loss) on sale of loans and leases in Q3 2024 and increases in loan fees of $3.4 million primarily resulting from the settlement of certain stock warrants and deposit account fees of $1.8 million. The commercial clean vehicle leases generated the same amount of investment tax credits that were included as a benefit to income tax expense in Q3 2024.

Non-Interest Expense

Non-interest expenses totaled $105.2 million in Q3 2025, a decrease of $1.4 million compared to Q2 2025. The decrease was primarily attributable to decreases of $3.4 million in FDIC assessments and $1.6 million in professional fees, partially offset by an increase of $2.9 million in salaries and employee benefits primarily due to higher headcount and incentives.

“As previously communicated, we continued to reinvest a portion of the benefit of our operational excellence initiatives to further strengthen our human capital, risk management and technology infrastructure to support the next phase of growth. Even with these investments our efficiency ratio declined for the fourth consecutive quarter as we drove positive operating leverage,” stated Sam Sidhu.

Non-interest expenses totaled $105.2 million in Q3 2025, an increase of $1.2 million compared to Q3 2024. The increase was primarily attributable to increases of $3.2 million in professional fees including the investment in our risk management infrastructure, $1.7 million in commercial lease depreciation, $1.4 million in occupancy and $1.0 million in salaries and employee benefits associated with the Bank’s growth. These increases were partially offset by decreases of $3.2 million in technology, communication and bank operations primarily due to lower deposit servicing fees, provision for credit losses on unfunded lending commitments and fees paid to a fintech company related to a consumer installment loan origination program.

Taxes

Income tax expense increased by $6.6 million to a provision of $24.6 million in Q3 2025 from $18.0 million in Q2 2025 primarily due to higher pre-tax income, and increased by $25.3 million from a benefit of $0.7 million in Q3 2024 primarily due to higher pre-tax income and lower estimated income tax credits for 2025. The effective tax rate was 24.5% for Q3 2025.

Outlook

“We were very pleased with our third quarter results and remain focused on executing in those areas which differentiate us from our peers. We believe that truly exceptional service, sophisticated product offerings, recruitment of top talent, and a single-point-of-contact service model will deliver sustainable long-term growth. Importantly, our cubiX platform is proving to be a mission-critical real-time payments solution for our commercial clients and our team recruitment strategy is continuing to gain momentum, which we feel will continue to differentiate our company and drive long-term franchise value. We believe we are incredibly well positioned to continue to take market share winning new client relationships and that we have the right strategy, the right team, and a client-centric culture to achieve our goals in 2025 and beyond,” concluded Sam Sidhu.

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Webcast

Date:            Friday, October 24, 2025        

Time:            9:00 AM EDT

The live audio webcast, presentation slides, and earnings press release will be made available at https://www.customersbank.com and at the Customers Bancorp 3rd Quarter Earnings Webcast.

You may submit questions in advance of the live webcast by emailing our Head of Corporate Communications, Jordan Baucum at jbaucum@customersbank.com.

The webcast will be archived for viewing on the Customers Bank Investor Relations page and available beginning approximately two hours after the conclusion of the live event.

Institutional Background

Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with over $24 billion in assets making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. In addition to traditional lines such as C&I lending, commercial real estate lending and multifamily lending, Customers Bank also provides a number of national corporate banking services to specialized lending clients. Major accolades include:

•Named a Top 10 Performing Bank by American Banker for five consecutive years (2021-2025), including the #1 spot in 2024 among midsize banks ($10B to $50B in assets)

•No. 72 out of the 100 largest publicly traded banks in 2025 Forbes Best Banks list

•2024 Inc. Magazine Best in Business List in Financial Services Category

•Net Promoter Score of 73 compared to industry average of 41

A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com.

“Safe Harbor” Statement

In addition to historical information, this press release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements with respect to Customers Bancorp, Inc.’s strategies, goals, beliefs, expectations, estimates, intentions, capital raising efforts, financial condition and results of operations, future performance and business. Statements preceded by, followed by, or that include the words “may,” “could,” “should,” “pro forma,” “looking forward,” “would,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “project,” or similar expressions generally indicate a forward-looking statement. These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond Customers Bancorp, Inc.’s control). Numerous competitive, economic, regulatory, legal and technological events and factors, among others, could cause Customers Bancorp, Inc.’s financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements, including: a continuation of the recent turmoil in the banking industry, responsive measures taken by us and regulatory authorities to mitigate and manage related risks, regulatory actions taken that address related issues and the costs and obligations associated therewith, such as the FDIC special assessments; the potential for negative consequences resulting from regulatory violations, investigations and examinations, including potential supervisory actions, the assessment of fines and penalties, the imposition of sanctions, the need to undertake remedial actions and possible damage to our reputation; effects of competition on deposit rates and growth, loan rates and growth and net interest margin; failure to identify and adequately and promptly address cybersecurity risks, including data breaches and cyberattacks; public health crises and pandemics and their effects on the economic and business environments in which we operate; geopolitical conditions,

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including acts or threats of terrorism, actions taken by the United States or other governments in response to acts or threats of terrorism and military conflicts, including the war between Russia and Ukraine and ongoing conflict in the Middle East, which could impact economic conditions in the United States; the impact that changes in the economy have on the performance of our loan and lease portfolio, the market value of our investment securities, the demand for our products and services and the availability of sources of funding; the effects of actions by the federal government, including the Board of Governors of the Federal Reserve System and other government agencies, that affect market interest rates and the money supply; actions that we and our customers take in response to these developments and the effects such actions have on our operations, products, services and customer relationships; higher inflation and its impacts; the effects of changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs on its trading partners; and the effects of any changes in accounting standards or policies. Customers Bancorp, Inc. cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact of any future events. All forward-looking statements and information set forth herein are based on management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. For a more complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review Customers Bancorp, Inc.’s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K for the year ended December 31, 2024, subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K, including any amendments thereto, that update or provide information in addition to the information included in the Form 10-K and Form 10-Q filings, if any. Customers Bancorp, Inc. does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by Customers Bancorp, Inc. or by or on behalf of Customers Bank, except as may be required under applicable law.

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CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS - UNAUDITED
(Dollars in thousands, except per share data and stock price data)		Q3			Q2			Q1			Q4			Q3			Nine Months Ended September 30,
		2025			2025			2025			2024			2024			2025			2024
GAAP Profitability Metrics:
Net income available to common shareholders		$	73,726		$	55,846		$	9,523		$	23,266		$	42,937		$	139,095		$	143,163
Per share amounts:
	Earnings per share - diluted	$	2.20		$	1.73		$	0.29		$	0.71		$	1.31		$	4.24		$	4.37
	Book value per common share	$	59.83		$	56.36		$	54.85		$	54.20		$	53.07		$	59.83		$	53.07
Return on average assets (“ROAA”)		1.26		%	1.09		%	0.23		%	0.48		%	0.88		%	0.87		%	0.97		%
Return on average common equity (“ROCE”)		15.57		%	12.79		%	2.23		%	5.50		%	10.44		%	10.41		%	12.10		%
Net interest margin, tax equivalent		3.46		%	3.27		%	3.13		%	3.11		%	3.06		%	3.30		%	3.16		%
Efficiency ratio		45.39		%	51.23		%	52.94		%	56.86		%	62.40		%	49.62		%	55.97		%
Non-GAAP Profitability Metrics (1):
Core earnings		$	73,473		$	58,147		$	50,002		$	44,168		$	43,838		$	181,622		$	138,937
Per share amounts:
	Core earnings per share - diluted	$	2.20		$	1.80		$	1.54		$	1.36		$	1.34		$	5.54		$	4.24
	Tangible book value per common share	$	59.72		$	56.24		$	54.74		$	54.08		$	52.96		$	59.72		$	52.96
Core ROAA		1.25		%	1.10		%	0.97		%	0.86		%	0.89		%	1.11		%	0.95		%
Core ROCE		15.52		%	13.32		%	11.72		%	10.44		%	10.66		%	13.59		%	11.74		%
Core efficiency ratio		45.40		%	51.56		%	52.69		%	56.12		%	61.69		%	49.65		%	56.29		%
Balance Sheet Trends:
Total assets		$	24,260,163		$	22,550,800		$	22,423,044		$	22,308,241		$	21,456,082		$	24,260,163		$	21,456,082
Total cash and investment securities		$	6,997,783		$	6,234,043		$	6,424,406		$	6,797,562		$	6,564,528		$	6,997,783		$	6,564,528
Total loans and leases		$	16,303,147		$	15,412,400		$	15,097,968		$	14,653,556		$	14,053,116		$	16,303,147		$	14,053,116
Non-interest bearing demand deposits		$	6,380,879		$	5,481,065		$	5,552,605		$	5,608,288		$	4,670,809		$	6,380,879		$	4,670,809
Total deposits		$	20,405,023		$	18,976,018		$	18,932,925		$	18,846,461		$	18,069,389		$	20,405,023		$	18,069,389
Asset Quality:
Net charge-offs		$	15,371		$	13,115		$	17,144		$	14,612		$	17,044		$	45,630		$	53,723
Annualized net charge-offs to average total loans and leases		0.39		%	0.35		%	0.48		%	0.41		%	0.50		%	0.40		%	0.54		%
Nonaccrual / non-performing loans (“NPLs”)		$	28,421		$	28,443		$	43,513		$	43,275		$	47,326		$	28,421		$	47,326
NPLs to total loans and leases		0.17		%	0.18		%	0.29		%	0.30		%	0.34		%	0.17		%	0.34		%
Reserves to NPLs		534.14		%	518.29		%	324.22		%	316.06		%	281.36		%	534.14		%	281.36		%
Non-performing assets (“NPAs”)		$	61,057		$	60,778		$	57,960		$	55,807		$	47,326		$	61,057		$	47,326
NPAs to total assets		0.25		%	0.27		%	0.26		%	0.25		%	0.22		%	0.25		%	0.22		%

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CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS - UNAUDITED (CONTINUED)
(Dollars in thousands, except per share data and stock price data)		Q3		Q2		Q1		Q4		Q3		Nine Months Ended September 30,
		2025		2025		2025		2024		2024		2025		2024
Capital Metrics:
Common equity to total assets		8.4	%	7.9	%	7.7	%	7.6	%	7.8	%	8.4	%	7.8	%
Tangible common equity to tangible assets (1)		8.4	%	7.9	%	7.7	%	7.6	%	7.7	%	8.4	%	7.7	%
Common equity Tier 1 capital ratio (2)		13.0	%	12.05	%	11.72	%	12.09	%	12.46	%	13.0	%	12.46	%
Total risk based capital ratio (2)		15.4	%	14.49	%	14.61	%	14.88	%	15.36	%	15.4	%	15.36	%
Customers Bank Capital Ratios (2):
Common equity Tier 1 capital to risk-weighted assets		13.3	%	13.00	%	12.40	%	12.96	%	13.64	%	13.3	%	13.64	%
Total capital to risk-weighted assets		14.6	%	14.43	%	13.92	%	14.34	%	15.06	%	14.6	%	15.06	%
Tier 1 capital to average assets (leverage ratio)		8.8	%	8.86	%	8.43	%	8.65	%	9.08	%	8.8	%	9.08	%
Share amounts:
	Average shares outstanding - basic	32,340,813		31,585,390		31,447,623		31,346,920		31,567,797		31,794,547		31,563,660
	Average shares outstanding - diluted	33,460,055		32,374,061		32,490,572		32,557,621		32,766,488		32,778,447		32,773,365
	Shares outstanding	34,163,506		31,606,934		31,479,132		31,346,507		31,342,107		34,163,506		31,342,107
(1) Customers’ reasons for the use of these non-GAAP measures and a detailed reconciliation between the non-GAAP measures and the comparable GAAP amounts are included at the end of this document.
(2) Regulatory capital ratios are estimated for Q3 2025 and actual for the remaining periods. In accordance with regulatory capital rules, Customers elected to apply the CECL capital transition provisions which delayed the effects of CECL on regulatory capital for two years until January 1, 2022, followed by a three-year transition period. The cumulative CECL capital transition impact as of December 31, 2021 which amounted to $61.6 million was phased in at 25% per year beginning on January 1, 2022 through December 31, 2024. As of September 30, 2025, our regulatory capital ratios reflected the full effect of CECL on regulatory capital.

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CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED
(Dollars in thousands, except per share data)											Nine Months Ended
	Q3		Q2		Q1		Q4		Q3		September 30,
	2025		2025		2025		2024		2024		2025		2024
Interest income:
Loans and leases	$	272,131	$	246,869	$	231,008	$	230,534	$	228,659	$	750,008	$	670,923
Investment securities	36,091		37,381		34,339		39,638		46,265		107,811		140,653
Interest earning deposits	49,639		39,972		42,914		48,147		44,372		132,525		142,695
Loans held for sale	1,589		1,806		4,761		9,447		10,907		8,156		36,626
Other	2,029		1,973		1,887		2,140		1,910		5,889		7,031
Total interest income	361,479		328,001		314,909		329,906		332,113		1,004,389		997,928
Interest expense:
Deposits	141,983		134,045		131,308		144,974		155,829		407,336		458,338
FHLB advances	12,945		12,717		11,801		12,595		12,590		37,463		39,512
Subordinated debt	3,251		3,229		3,212		3,349		3,537		9,692		8,960
Other borrowings	1,388		1,307		1,142		1,167		1,612		3,837		4,535
Total interest expense	159,567		151,298		147,463		162,085		173,568		458,328		511,345
Net interest income	201,912		176,703		167,446		167,821		158,545		546,061		486,583
Provision for credit losses	26,543		20,781		28,297		21,194		17,066		75,621		52,257
Net interest income after provision for credit losses	175,369		155,922		139,149		146,627		141,479		470,440		434,326
Non-interest income:
Commercial lease income	11,536		11,056		10,668		10,604		10,093		33,260		30,058
Loan fees	11,443		9,106		7,235		8,639		8,011		27,784		18,524
Bank-owned life insurance	2,165		2,249		4,660		2,125		2,049		9,074		7,317
Mortgage finance transactional fees	1,298		1,175		933		1,010		1,087		3,406		3,091
Net gain (loss) on sale of loans and leases	—		—		2		(852)		(14,548)		2		(14,776)
Net gain (loss) on sale of investment securities	186		(1,797)		—		(26,260)		—		(1,611)		(749)
Impairment loss on debt securities	—		—		(51,319)		—		—		(51,319)		—
Unrealized gain on equity method investments	—		—		—		389		—		—		11,041
Other	3,563		7,817		3,331		3,954		1,865		14,711		6,319
Total non-interest income (loss)	30,191		29,606		(24,490)		(391)		8,557		35,307		60,825
Non-interest expense:
Salaries and employee benefits	48,723		45,848		42,674		47,147		47,717		137,245		128,689
Technology, communication and bank operations	10,415		10,382		11,312		13,435		13,588		32,109		51,719
Commercial lease depreciation	9,463		8,743		8,463		8,933		7,811		26,669		23,610
Professional services	12,281		13,850		11,857		13,473		9,048		37,988		21,505
Loan servicing	4,167		4,053		4,630		4,584		3,778		12,850		11,325
Occupancy	4,370		3,551		3,412		3,335		2,987		11,333		8,454
FDIC assessments, non-income taxes and regulatory fees	8,505		11,906		11,750		10,077		7,902		32,161		31,607
Advertising and promotion	636		461		528		1,645		908		1,625		2,844
Other	6,657		7,832		8,145		7,746		10,279		22,634		26,886
Total non-interest expense	105,217		106,626		102,771		110,375		104,018		314,614		306,639
Income before income tax expense (benefit)	100,343		78,902		11,888		35,861		46,018		191,133		188,512
Income tax expense (benefit)	24,598		17,963		(1,024)		8,946		(725)		41,537		33,958
Net income	75,745		60,939		12,912		26,915		46,743		149,596		154,554
Preferred stock dividends	2,019		3,185		3,389		3,649		3,806		8,593		11,391
Loss on redemption of preferred stock	—		1,908		—		—		—		1,908		—
Net income available to common shareholders	$	73,726	$	55,846	$	9,523	$	23,266	$	42,937	$	139,095	$	143,163
Basic earnings per common share	$	2.28	$	1.77	$	0.30	$	0.74	$	1.36	$	4.37	$	4.54
Diluted earnings per common share	2.20		1.73		0.29		0.71		1.31		4.24		4.37

9

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2025		2025		2025		2024		2024
ASSETS
Cash and due from banks	$	57,951	$	72,986	$	62,146	$	56,787	$	39,429
Interest earning deposits	4,127,688		3,430,525		3,366,544		3,729,144		3,048,593
Cash and cash equivalents	4,185,639		3,503,511		3,428,690		3,785,931		3,088,022
Investment securities, at fair value	2,010,820		1,877,406		2,057,555		2,019,694		2,412,069
Investment securities held to maturity	801,324		853,126		938,161		991,937		1,064,437
Loans held for sale	30,897		32,963		37,529		204,794		275,420
Loans and leases receivable	14,673,636		13,719,829		13,555,820		13,127,634		12,527,283
Loans receivable, mortgage finance, at fair value	1,486,978		1,536,254		1,366,460		1,321,128		1,250,413
Loans receivable, installment, at fair value	111,636		123,354		138,159		—		—
Allowance for credit losses on loans and leases	(151,809)		(147,418)		(141,076)		(136,775)		(133,158)
Total loans and leases receivable, net of allowance for credit losses on loans and leases	16,120,441		15,232,019		14,919,363		14,311,987		13,644,538
FHLB, Federal Reserve Bank, and other restricted stock	103,290		100,590		96,758		96,214		95,035
Accrued interest receivable	106,379		101,481		105,800		108,351		115,588
Bank premises and equipment, net	15,340		5,978		6,653		6,668		6,730
Bank-owned life insurance	303,212		300,747		298,551		297,641		295,531
Other real estate owned	12,432		12,306		—		—		—
Goodwill and other intangibles	3,629		3,629		3,629		3,629		3,629
Other assets	566,760		527,044		530,355		481,395		455,083
Total assets	$	24,260,163	$	22,550,800	$	22,423,044	$	22,308,241	$	21,456,082
LIABILITIES AND SHAREHOLDERS’ EQUITY
Demand, non-interest bearing deposits	$	6,380,879	$	5,481,065	$	5,552,605	$	5,608,288	$	4,670,809
Interest bearing deposits	14,024,144		13,494,953		13,380,320		13,238,173		13,398,580
Total deposits	20,405,023		18,976,018		18,932,925		18,846,461		18,069,389
FHLB advances	1,195,437		1,195,377		1,133,456		1,128,352		1,117,229
Other borrowings	99,173		99,138		99,103		99,068		99,033
Subordinated debt	182,718		182,649		182,579		182,509		182,439
Accrued interest payable and other liabilities	251,753		234,060		210,421		215,168		186,812
Total liabilities	22,134,104		20,687,242		20,558,484		20,471,558		19,654,902
Preferred stock	82,201		82,201		137,794		137,794		137,794
Common stock	36,161		36,123		35,995		35,758		35,734
Additional paid in capital	662,252		572,473		570,172		575,333		571,609
Retained earnings	1,465,106		1,391,380		1,335,534		1,326,011		1,302,745
Accumulated other comprehensive income (loss), net	(51,089)		(71,325)		(67,641)		(96,560)		(106,082)
Treasury stock, at cost	(68,572)		(147,294)		(147,294)		(141,653)		(140,620)
Total shareholders’ equity	2,126,059		1,863,558		1,864,560		1,836,683		1,801,180
Total liabilities and shareholders’ equity	$	24,260,163	$	22,550,800	$	22,423,044	$	22,308,241	$	21,456,082

10

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
AVERAGE BALANCE SHEET / NET INTEREST MARGIN - UNAUDITED
(Dollars in thousands)
	Three Months Ended
	September 30, 2025					June 30, 2025					September 30, 2024
	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)
Assets
Interest earning deposits	$	4,409,220	$	49,639	4.47%	$	3,565,168	$	39,972	4.50%	$	3,224,940	$	44,372	5.47%
Investment securities (1)	2,931,351		36,091		4.88%	2,890,878		37,381		5.19%	3,706,974		46,265		4.97%
Loans and leases:
Commercial & industrial:
Specialized lending loans and leases (2)	7,317,299		136,652		7.41%	6,785,684		126,854		7.50%	5,805,389		124,667		8.54%
Other commercial & industrial loans (2)	1,492,155		35,475		9.43%	1,484,528		25,862		6.99%	1,533,057		24,654		6.40%
Mortgage finance loans	1,478,871		18,454		4.95%	1,501,484		18,349		4.90%	1,267,656		17,723		5.56%
Multifamily loans	2,306,373		25,931		4.46%	2,317,381		25,281		4.38%	2,071,340		21,147		4.06%
Non-owner occupied commercial real estate loans	1,635,937		24,148		5.86%	1,581,087		23,003		5.84%	1,411,533		21,065		5.94%
Residential mortgages	551,436		6,647		4.78%	537,008		6,344		4.74%	525,285		6,082		4.61%
Installment loans	938,890		26,413		11.16%	879,972		22,982		10.48%	1,029,812		24,228		9.36%
Total loans and leases (3)	15,720,961		273,720		6.91%	15,087,144		248,675		6.61%	13,644,072		239,566		6.99%
Other interest-earning assets	140,011		2,029		5.75%	133,824		1,973		5.91%	118,914		1,910		6.39%
Total interest-earning assets	23,201,543		361,479		6.19%	21,677,014		328,001		6.07%	20,694,900		332,113		6.39%
Non-interest-earning assets	729,180					685,975					535,504
Total assets	$	23,930,723				$	22,362,989				$	21,230,404
Liabilities
Interest checking accounts	$	4,983,168	$	48,105	3.83%	$	4,935,587	$	47,245	3.84%	$	5,787,026	$	65,554	4.51%
Money market deposit accounts	4,360,446		42,980		3.91%	4,137,035		40,397		3.92%	3,676,994		42,128		4.56%
Other savings accounts	1,485,652		14,724		3.93%	1,325,639		12,767		3.86%	1,563,970		18,426		4.69%
Certificates of deposit	3,108,831		36,174		4.62%	2,852,645		33,636		4.73%	2,339,937		29,721		5.05%
Total interest-bearing deposits (4)	13,938,097		141,983		4.04%	13,250,906		134,045		4.06%	13,367,927		155,829		4.64%
Borrowings	1,429,981		17,584		4.88%	1,417,370		17,253		4.88%	1,334,905		17,739		5.29%
Total interest-bearing liabilities	15,368,078		159,567		4.12%	14,668,276		151,298		4.14%	14,702,832		173,568		4.70%
Non-interest-bearing deposits (4)	6,362,360					5,593,581					4,557,815
Total deposits and borrowings	21,730,438				2.91%	20,261,857				2.99%	19,260,647				3.59%
Other non-interest-bearing liabilities	239,969					221,465					195,722
Total liabilities	21,970,407					20,483,322					19,456,369
Shareholders’ equity	1,960,316					1,879,667					1,774,035
Total liabilities and shareholders’ equity	$	23,930,723				$	22,362,989				$	21,230,404
Net interest income			201,912					176,703					158,545
Tax-equivalent adjustment			360					366					392
Net interest earnings			$	202,272				$	177,069				$	158,937
Interest spread					3.27%					3.07%					2.80%
Net interest margin					3.46%					3.27%					3.05%
Net interest margin tax equivalent (5)					3.46%					3.27%					3.06%
(1) For presentation in this table, average balances and the corresponding average yields for investment securities are based upon historical cost, adjusted for amortization of premiums and accretion of discounts.
(2) Includes owner occupied commercial real estate loans.
(3) Includes non-accrual loans, the effect of which is to reduce the yield earned on loans and leases, and deferred loan fees.
(4) Total costs of deposits (including interest bearing and non-interest bearing) were 2.77%, 2.85% and 3.46% for the three months ended September 30, 2025, June 30, 2025 and September 30, 2024, respectively.
(5) Tax-equivalent basis, using an estimated marginal tax rate of 26% for the three months ended September 30, 2025, June 30, 2025 and September 30, 2024, presented to approximate interest income as a taxable asset.

11

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
AVERAGE BALANCE SHEET / NET INTEREST MARGIN - UNAUDITED (CONTINUED)
(Dollars in thousands)
	Nine Months Ended
	September 30, 2025					September 30, 2024
	Average Balance		Interest Income or Expense		Average Yield or Cost (%)	Average Balance		Interest Income or Expense		Average Yield or Cost (%)
Assets
Interest earning deposits	$	3,946,022	$	132,525	4.49%	$	3,471,011	$	142,695	5.49%
Investment securities (1)	2,973,600		107,811		4.85%	3,736,770		140,653		5.03%
Loans and leases:
Commercial & industrial:
Specialized lending loans and leases (2)	6,862,095		384,457		7.49%	5,507,963		361,234		8.76%
Other commercial & industrial loans (2)	1,506,324		85,270		7.57%	1,575,815		76,487		6.48%
Mortgage finance loans	1,411,814		51,555		4.88%	1,151,173		45,640		5.30%
Multifamily loans	2,299,335		74,876		4.35%	2,100,501		63,863		4.06%
Non-owner occupied commercial real estate loans	1,589,446		68,715		5.78%	1,385,685		61,714		5.95%
Residential mortgages	539,762		19,219		4.76%	522,876		17,745		4.53%
Installment loans	919,021		74,072		10.78%	1,131,633		80,866		9.55%
Total loans and leases (3)	15,127,797		758,164		6.70%	13,375,646		707,549		7.07%
Other interest-earning assets	133,921		5,889		5.88%	112,365		7,031		8.36%
Total interest-earning assets	22,181,340		1,004,389		6.05%	20,695,792		997,928		6.44%
Non-interest-earning assets	694,136					487,991
Total assets	$	22,875,476				$	21,183,783
Liabilities
Interest checking accounts	$	5,090,947	$	145,253	3.81%	$	5,682,240	$	191,132	4.49%
Money market deposit accounts	4,128,528		121,144		3.92%	3,419,880		117,106		4.57%
Other savings accounts	1,322,135		38,182		3.86%	1,708,625		61,008		4.77%
Certificates of deposit	2,905,047		102,757		4.73%	2,374,982		89,092		5.01%
Total interest-bearing deposits (4)	13,446,657		407,336		4.05%	13,185,727		458,338		4.64%
Borrowings	1,398,401		50,992		4.88%	1,431,520		53,007		4.95%
Total interest-bearing liabilities	14,845,058		458,328		4.13%	14,617,247		511,345		4.67%
Non-interest-bearing deposits (4)	5,891,249					4,626,580
Total deposits and borrowings	20,736,307				2.95%	19,243,827				3.55%
Other non-interest-bearing liabilities	235,938					221,278
Total liabilities	20,972,245					19,465,105
Shareholders’ equity	1,903,231					1,718,678
Total liabilities and shareholders’ equity	$	22,875,476				$	21,183,783
Net interest income			546,061					486,583
Tax-equivalent adjustment			1,089					1,179
Net interest earnings			$	547,150				$	487,762
Interest spread					3.10%					2.89%
Net interest margin					3.29%					3.15%
Net interest margin tax equivalent (5)					3.30%					3.16%
(1) For presentation in this table, average balances and the corresponding average yields for investment securities are based upon historical cost, adjusted for amortization of premiums and accretion of discounts.
(2) Includes owner occupied commercial real estate loans.
(3) Includes non-accrual loans, the effect of which is to reduce the yield earned on loans and leases, and deferred loan fees.
(4) Total costs of deposits (including interest bearing and non-interest bearing) were 2.82% and 3.44% for the nine months ended September 30, 2025 and 2024, respectively.
(5) Tax-equivalent basis, using an estimated marginal tax rate of 26% for the nine months ended September 30, 2025 and 2024, presented to approximate interest income as a taxable asset.

12

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
PERIOD END LOAN AND LEASE COMPOSITION - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2025		2025		2025		2024		2024
Loans and leases held for investment
Commercial:
Commercial & industrial:
Specialized lending	$	7,083,620	$	6,454,661	$	6,070,093	$	5,842,420	$	5,468,507
Other commercial & industrial	1,056,173		1,037,684		1,062,933		1,062,631		1,087,222
Mortgage finance	1,577,038		1,625,764		1,477,896		1,440,847		1,367,617
Multifamily	2,356,590		2,247,282		2,322,123		2,252,246		2,115,978
Commercial real estate owner occupied	1,058,741		1,065,006		1,139,126		1,100,944		981,904
Commercial real estate non-owner occupied	1,582,332		1,497,385		1,438,906		1,359,130		1,326,591
Construction	123,290		98,626		154,647		147,209		174,509
Total commercial loans and leases	14,837,784		14,026,408		13,665,724		13,205,427		12,522,328
Consumer:
Residential	514,544		520,570		496,772		496,559		500,786
Manufactured housing	28,749		30,287		31,775		33,123		34,481
Installment:
Personal	570,768		457,728		493,276		463,854		453,739
Other	320,405		344,444		372,892		249,799		266,362
Total installment loans	891,173		802,172		866,168		713,653		720,101
Total consumer loans	1,434,466		1,353,029		1,394,715		1,243,335		1,255,368
Total loans and leases held for investment	$	16,272,250	$	15,379,437	$	15,060,439	$	14,448,762	$	13,777,696
Loans held for sale
Commercial:
Commercial real estate non-owner occupied	$	4,700	$	—	$	—	$	—	$	—
Total commercial loans and leases	4,700		—		—		—		—
Consumer:
Residential	2,229		5,180		1,465		1,836		2,523
Installment:
Personal	23,728		27,682		36,000		40,903		55,799
Other	240		101		64		162,055		217,098
Total installment loans	23,968		27,783		36,064		202,958		272,897
Total consumer loans	26,197		32,963		37,529		204,794		275,420
Total loans held for sale	$	30,897	$	32,963	$	37,529	$	204,794	$	275,420
Total loans and leases portfolio	$	16,303,147	$	15,412,400	$	15,097,968	$	14,653,556	$	14,053,116

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
PERIOD END DEPOSIT COMPOSITION - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2025		2025		2025		2024		2024
Demand, non-interest bearing	$	6,380,879	$	5,481,065	$	5,552,605	$	5,608,288	$	4,670,809
Demand, interest bearing	5,050,437		4,912,839		5,137,961		5,553,698		5,606,500
Total demand deposits	11,431,316		10,393,904		10,690,566		11,161,986		10,277,309
Savings	1,554,533		1,375,072		1,327,854		1,131,819		1,399,968
Money market	4,339,371		4,206,516		4,057,458		3,844,451		3,961,028
Time deposits	3,079,803		3,000,526		2,857,047		2,708,205		2,431,084
Total deposits	$	20,405,023	$	18,976,018	$	18,932,925	$	18,846,461	$	18,069,389

13

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY - UNAUDITED
(Dollars in thousands)
	As of September 30, 2025						As of June 30, 2025						As of September 30, 2024
Loan type	Total loans		Allowance for credit losses		Total reserves to total loans		Total loans		Allowance for credit losses		Total reserves to total loans		Total loans		Allowance for credit losses		Total reserves to total loans
Commercial:
Commercial & industrial, including specialized lending	$	8,229,853	$	34,395	0.42	%	$	7,581,855	$	36,262	0.48	%	$	6,672,933	$	25,191	0.38	%
Multifamily	2,356,590		19,973		0.85	%	2,247,282		20,864		0.93	%	2,115,978		18,090		0.85	%
Commercial real estate owner occupied	1,058,741		10,991		1.04	%	1,065,006		12,514		1.18	%	981,904		10,913		1.11	%
Commercial real estate non-owner occupied	1,582,332		19,784		1.25	%	1,497,385		20,679		1.38	%	1,326,591		17,303		1.30	%
Construction	123,290		1,978		1.60	%	98,626		2,160		2.19	%	174,509		1,606		0.92	%
Total commercial loans and leases receivable	13,350,806		87,121		0.65	%	12,490,154		92,479		0.74	%	11,271,915		73,103		0.65	%
Consumer:
Residential	514,544		6,345		1.23	%	520,570		6,331		1.22	%	500,786		5,838		1.17	%
Manufactured housing	28,749		3,508		12.20	%	30,287		3,721		12.29	%	34,481		4,080		11.83	%
Installment	779,537		54,835		7.03	%	678,818		44,887		6.61	%	720,101		50,137		6.96	%
Total consumer loans receivable	1,322,830		64,688		4.89	%	1,229,675		54,939		4.47	%	1,255,368		60,055		4.78	%
Loans and leases receivable held for investment	14,673,636		151,809		1.03	%	13,719,829		147,418		1.07	%	12,527,283		133,158		1.06	%
Loans receivable, mortgage finance, at fair value	1,486,978		—		—	%	1,536,254		—		—	%	1,250,413		—		—	%
Loans receivable, installment, at fair value	111,636		—		—	%	123,354		—		—	%	—		—		—	%
Loans held for sale	30,897		—		—	%	32,963		—		—	%	275,420		—		—	%
Total loans and leases portfolio	$	16,303,147	$	151,809	0.93	%	$	15,412,400	$	147,418	0.96	%	$	14,053,116	$	133,158	0.95	%

14

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY - UNAUDITED (CONTINUED)
(Dollars in thousands)
	As of September 30, 2025						As of June 30, 2025						As of September 30, 2024
Loan type	Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs		Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs		Non accrual /NPLs		Total NPLs to total loans		Total reserves to total NPLs
Commercial:
Commercial & industrial, including specialized lending	$	4,430	0.05	%	776.41	%	$	4,218	0.06	%	859.70	%	$	4,615	0.07	%	545.85	%
Multifamily	—		—	%	—	%	—		—	%	—	%	11,834		0.56	%	152.86	%
Commercial real estate owner occupied	3,932		0.37	%	279.53	%	7,005		0.66	%	178.64	%	8,613		0.88	%	126.70	%
Commercial real estate non-owner occupied	—		—	%	—	%	62		0.00	%	33353.23	%	763		0.06	%	2267.76	%
Construction	—		—	%	—	%	—		—	%	—	%	—		—	%	—	%
Total commercial loans and leases receivable	8,362		0.06	%	1041.87	%	11,285		0.09	%	819.49	%	25,825		0.23	%	283.07	%
Consumer:
Residential	7,631		1.48	%	83.15	%	8,234		1.58	%	76.89	%	7,997		1.60	%	73.00	%
Manufactured housing	1,315		4.57	%	266.77	%	1,608		5.31	%	231.41	%	1,869		5.42	%	218.30	%
Installment	4,225		0.54	%	1297.87	%	4,944		0.73	%	907.91	%	6,328		0.88	%	792.30	%
Total consumer loans receivable	13,171		1.00	%	491.14	%	14,786		1.20	%	371.56	%	16,194		1.29	%	370.85	%
Loans and leases receivable	21,533		0.15	%	705.01	%	26,071		0.19	%	565.45	%	42,019		0.34	%	316.90	%
Loans receivable, mortgage finance, at fair value	—		—	%	—	%	—		—	%	—	%	—		—	%	—	%
Loans receivable, installment, at fair value	1,872		1.68	%	—	%	1,961		1.59	%	—	%	—		—	%	—	%
Loans held for sale	5,016		16.23	%	—	%	411		1.25	%	—	%	5,307		1.93	%	—	%
Total loans and leases portfolio	$	28,421	0.17	%	534.14	%	$	28,443	0.18	%	518.29	%	$	47,326	0.34	%	281.36	%

15

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
NET CHARGE-OFFS/(RECOVERIES) - UNAUDITED
(Dollars in thousands)
	Q3		Q2		Q1		Q4		Q3		Nine Months Ended September 30,
	2025		2025		2025		2024		2024		2025		2024
Loan type
Commercial & industrial, including specialized lending	$	2,180	$	3,871	$	3,231	$	3,653	$	5,056	$	9,282	$	14,393
Multifamily	—		—		3,834		—		2,167		3,834		4,073
Commercial real estate owner occupied	335		411		16		339		4		762		26
Commercial real estate non-owner occupied	3,073		—		—		145		—		3,073		—
Construction	—		(3)		(3)		—		(3)		(6)		(10)
Residential	25		(4)		—		(18)		(21)		21		(23)
Installment	9,758		8,840		10,066		10,493		9,841		28,664		35,264
Total net charge-offs (recoveries) from loans held for investment	$	15,371	$	13,115	$	17,144	$	14,612	$	17,044	$	45,630	$	53,723

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES
LOANS AND LEASES RISK RATINGS - UNAUDITED
(Dollars in thousands)
	September 30,		June 30,		March 31,		December 31,		September 30,
	2025		2025		2025		2024		2024
Loans and leases (1) risk ratings:
Commercial loans and leases
Pass	$	12,927,467	$	12,047,656	$	11,815,403	$	11,403,930	$	10,844,500
Special Mention	187,794		174,587		189,155		175,055		178,026
Substandard	230,079		256,849		276,018		282,563		218,921
Total commercial loans and leases	13,345,340		12,479,092		12,280,576		11,861,548		11,241,447
Consumer loans
Performing	1,308,987		1,209,377		1,242,753		1,227,359		1,240,581
Non-performing	13,843		20,298		13,803		15,976		14,787
Total consumer loans	1,322,830		1,229,675		1,256,556		1,243,335		1,255,368
Loans and leases receivable (1)	$	14,668,170	$	13,708,767	$	13,537,132	$	13,104,883	$	12,496,815

(1)    Risk ratings are assigned to loans and leases held for investment, and excludes loans held for sale, loans receivable, mortgage finance, at fair value, loans receivable, installment, at fair value and eligible PPP loans that are fully guaranteed by the Small Business Administration.

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CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED

We believe that the non-GAAP measurements disclosed within this document are useful for investors, regulators, management and others to evaluate our core results of operations and financial condition relative to other financial institutions. These non-GAAP financial measures are frequently used by securities analysts, investors, and other interested parties in the evaluation of companies in our industry. These non-GAAP financial measures exclude from corresponding GAAP measures the impact of certain elements that we do not believe are representative of our ongoing financial results, which we believe enhance an overall understanding of our performance and increases comparability of our period to period results. Investors should consider our performance and financial condition as reported under GAAP and all other relevant information when assessing our performance or financial condition. The non-GAAP measures presented are not necessarily comparable to non-GAAP measures that may be presented by other financial institutions. Although non-GAAP financial measures are frequently used in the evaluation of a company, they have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results of operations or financial condition as reported under GAAP. Starting in Q3 2025, certain adjustments to GAAP measures were no longer included as our intention going forward is to limit these adjustments to those items of greatest significance.

The following tables present reconciliations of GAAP to non-GAAP measures disclosed within this document.

Core Earnings and Adjusted Core Earnings - Customers Bancorp																					Nine Months Ended September 30,
	Q3 2025				Q2 2025				Q1 2025				Q4 2024				Q3 2024				2025				2024
(Dollars in thousands, except per share data)	USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share		USD		Per share
GAAP net income to common shareholders	$	73,726	$	2.20	$	55,846	$	1.73	$	9,523	$	0.29	$	23,266	$	0.71	$	42,937	$	1.31	$	139,095	$	4.24	$	143,163	$	4.37
Reconciling items (after tax):
Severance expense	—		—		—		—		—		—		1,198		0.04		540		0.02		—		—		2,468		0.08
Impairment loss on debt securities	—		—		—		—		39,875		1.23		—		—		—		—		39,875		1.22		—		—
Legal settlement	—		—		—		—		—		—		157		0.00		—		—		—		—		—		—
(Gains) losses on investment securities	(253)		(0.01)		1,388		0.04		(124)		0.00		20,035		0.62		(322)		(0.01)		1,011		0.03		296		0.01
Derivative credit valuation adjustment	—		—		—		—		210		0.01		(306)		(0.01)		185		0.01		210		0.01		310		0.01
FDIC special assessment	—		—		—		—		—		—		—		—		—		—		—		—		518		0.02
Unrealized (gain) on equity method investments	—		—		—		—		—		—		(292)		(0.01)		—		—		—		—		(8,316)		(0.25)
Loss on redemption of preferred stock	—		—		1,908		0.06		—		—		—		—		—		—		1,908		0.06		—		—
Unrealized (gain) loss on loans held for sale	—		—		(223)		(0.01)		518		0.02		110		0.00		498		0.02		295		0.01		498		0.02
Loan program termination fees	—		—		(772)		(0.02)		—		—		—		—		—		—		(772)		(0.02)		—		—
Core earnings	$	73,473	$	2.20	$	58,147	$	1.80	$	50,002	$	1.54	$	44,168	$	1.36	$	43,838	$	1.34	$	181,622	$	5.54	$	138,937	$	4.24

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CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)

Core Return on Average Assets and Adjusted Core Return on Average Assets - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2025			Q2 2025			Q1 2025			Q4 2024			Q3 2024			2025			2024
GAAP net income	$	75,745		$	60,939		$	12,912		$	26,915		$	46,743		$	149,596		$	154,554
Reconciling items (after tax):
Severance expense	—			—			—			1,198			540			—			2,468
Impairment loss on debt securities	—			—			39,875			—			—			39,875			—
Legal settlement	—			—			—			157			—			—			—
(Gains) losses on investment securities	(253)			1,388			(124)			20,035			(322)			1,011			296
Derivative credit valuation adjustment	—			—			210			(306)			185			210			310
FDIC special assessment	—			—			—			—			—			—			518
Unrealized (gain) on equity method investments	—			—			—			(292)			—			—			(8,316)
Unrealized (gain) loss on loans held for sale	—			(223)			518			110			498			295			498
Loan program termination fees	—			(772)			—			—			—			(772)			—
Core net income	$	75,492		$	61,332		$	53,391		$	47,817		$	47,644		$	190,215		$	150,328
Average total assets	$	23,930,723		$	22,362,989		$	22,314,963		$	22,179,970		$	21,230,404		$	22,875,476		$	21,183,783
Core return on average assets	1.25		%	1.10		%	0.97		%	0.86		%	0.89		%	1.11		%	0.95		%

Core Return on Average Common Equity and Adjusted Core Return on Average Common Equity - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2025			Q2 2025			Q1 2025			Q4 2024			Q3 2024			2025			2024
GAAP net income to common shareholders	$	73,726		$	55,846		$	9,523		$	23,266		$	42,937		$	139,095		$	143,163
Reconciling items (after tax):
Severance expense	—			—			—			1,198			540			—			2,468
Impairment loss on debt securities	—			—			39,875			—			—			39,875			—
Legal settlement	—			—			—			157			—			—			—
(Gains) losses on investment securities	(253)			1,388			(124)			20,035			(322)			1,011			296
Derivative credit valuation adjustment	—			—			210			(306)			185			210			310
FDIC special assessment	—			—			—			—			—			—			518
Unrealized (gain) on equity method investments	—			—			—			(292)			—			—			(8,316)
Loss on redemption of preferred stock	—			1,908			—			—			—			1,908			—
Unrealized (gain) loss on loans held for sale	—			(223)			518			110			498			295			498
Loan program termination fees	—			(772)			—			—			—			(772)			—
Core earnings	$	73,473		$	58,147		$	50,002		$	44,168		$	43,838		$	181,622		$	138,937
Average total common shareholders’ equity	$	1,878,115		$	1,751,037		$	1,730,910		$	1,683,838		$	1,636,242		$	1,787,227		$	1,580,885
Core return on average common equity	15.52		%	13.32		%	11.72		%	10.44		%	10.66		%	13.59		%	11.74		%

18

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)

Core Efficiency Ratio and Adjusted Core Efficiency Ratio - Customers Bancorp																Nine Months Ended September 30,
(Dollars in thousands, except per share data)	Q3 2025			Q2 2025			Q1 2025			Q4 2024			Q3 2024			2025			2024
GAAP net interest income	$	201,912		$	176,703		$	167,446		$	167,821		$	158,545		$	546,061		$	486,583
GAAP non-interest income (loss)	$	30,191		$	29,606		$	(24,490)		$	(391)		$	8,557		$	35,307		$	60,825
(Gains) losses on investment securities	(334)			1,797			(160)			26,678			(394)			1,303			425
Derivative credit valuation adjustment	—			—			270			(407)			226			270			390
Unrealized (gain) on equity method investments	—			—			—			(389)			—			—			(11,041)
Unrealized (gain) loss on loans held for sale	—			(289)			667			147			607			378			607
Impairment loss on debt securities	—			—			51,319			—			—			51,319			—
Loan program termination fees	—			(1,000)			—			—			—			(1,000)			—
Core non-interest income	29,857			30,114			27,606			25,638			8,996			87,577			51,206
Core revenue	$	231,769		$	206,817		$	195,052		$	193,459		$	167,541		$	633,638		$	537,789
GAAP non-interest expense	$	105,217		$	106,626		$	102,771		$	110,375		$	104,018		$	314,614		$	306,639
Severance expense	—			—			—			(1,595)			(659)			—			(3,219)
FDIC special assessment	—			—			—			—			—			—			(683)
Legal settlement	—			—			—			(209)			—			—			—
Core non-interest expense	$	105,217		$	106,626		$	102,771		$	108,571		$	103,359		$	314,614		$	302,737
Core efficiency ratio (1)	45.40		%	51.56		%	52.69		%	56.12		%	61.69		%	49.65		%	56.29		%

(1) Core efficiency ratio calculated as core non-interest expense divided by core revenue.

Tangible Common Equity to Tangible Assets - Customers Bancorp
(Dollars in thousands, except per share data)	Q3 2025			Q2 2025			Q1 2025			Q4 2024			Q3 2024
GAAP total shareholders’ equity	$	2,126,059		$	1,863,558		$	1,864,560		$	1,836,683		$	1,801,180
Reconciling items:
Preferred stock	(82,201)			(82,201)			(137,794)			(137,794)			(137,794)
Goodwill and other intangibles	(3,629)			(3,629)			(3,629)			(3,629)			(3,629)
Tangible common equity	$	2,040,229		$	1,777,728		$	1,723,137		$	1,695,260		$	1,659,757
GAAP total assets	$	24,260,163		$	22,550,800		$	22,423,044		$	22,308,241		$	21,456,082
Reconciling items:
Goodwill and other intangibles	(3,629)			(3,629)			(3,629)			(3,629)			(3,629)
Tangible assets	$	24,256,534		$	22,547,171		$	22,419,415		$	22,304,612		$	21,452,453
Tangible common equity to tangible assets	8.4		%	7.9		%	7.7		%	7.6		%	7.7		%

19

CUSTOMERS BANCORP, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP MEASURES - UNAUDITED (CONTINUED)

(Dollars in thousands, except per share data)

Tangible Book Value per Common Share - Customers Bancorp
(Dollars in thousands, except share and per share data)	Q3 2025		Q2 2025		Q1 2025		Q4 2024		Q3 2024
GAAP total shareholders’ equity	$	2,126,059	$	1,863,558	$	1,864,560	$	1,836,683	$	1,801,180
Reconciling Items:
Preferred stock	(82,201)		(82,201)		(137,794)		(137,794)		(137,794)
Goodwill and other intangibles	(3,629)		(3,629)		(3,629)		(3,629)		(3,629)
Tangible common equity	$	2,040,229	$	1,777,728	$	1,723,137	$	1,695,260	$	1,659,757
Common shares outstanding	34,163,506		31,606,934		31,479,132		31,346,507		31,342,107
Tangible book value per common share	$	59.72	$	56.24	$	54.74	$	54.08	$	52.96

20