Customers Bancorp Files For $150M Stock Offering

Customers Bancorp, Inc. has launched and priced an underwritten public offering of over 2.1 million shares of its voting common stock, with an option for underwriters to purchase additional shares within 30 days. The offering is expected to close around September 5, 2025, and the company intends to use the net proceeds for general corporate purposes that support organic growth, such as refinancing debt, repurchasing stock, redeeming preferred shares, investing in subsidiaries as regulatory capital, funding possible acquisitions, and expanding the business. Morgan Stanley, Keefe, Bruyette & Woods, and Raymond James & Associates are serving as joint book-running managers for the offering. The offering is made pursuant to a registration statement filed with the SEC, and detailed prospectus documents are available for prospective investors. This offering follows earlier announcements and filings related to the stock offering, signaling a coherent capital-raising strategy by Customers Bancorp to support its growth objectives.