(NYSE:CUBI) WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Customers Bancorp, Inc. (NYSE: CUBI) (āCustomersā or the āCompanyā), a holding company that operates through its wholly owned banking subsidiary, Customers Bank (the āBankā), announced today that it has launched an underwritten public offering of $150,000,000 of its voting common stock, $1.00 per share par value. The Company intends to grant the underwriters a 30-day right to purchase additional shares of its voting common stock. Morgan Stanley, Keefe, Bruyet
Related Questions
How will the $150āÆmillion voting common stock offering affect CUBIās shortāterm liquidity and earnings per share estimates?
What are the potential longāterm implications for CUBIās capital structure and dividend policy, and could this dilutive issuance trigger a credit rating review?
What pricing and demand assumptions are built into the underwritersā 30āday option for additional shares, and how does that compare to recent capitalāraising moves by peer regional banks?