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Customers Bancorp CUBI Reportable Segment — Provision for Credit Losses
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Where this comes from
Reported directly by Customers Bancorp in its filing.
Tagged under the XBRL concept cubi:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalIncludingPortionOfAvailableForSaleSecurities.
The source filing: Customers Bancorp’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:38 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001488813-26-000095
| Segment profit or loss / (amounts in thousands, except per share data) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Total interest income | $344,657 | $328,001 | $680,969 | $642,910 |
| Total interest expense | 151,291 | 151,298 | 296,252 | 298,761 |
| Net interest income | 193,366 | 176,703 | 384,717 | 344,149 |
| Provision for credit losses | 23,067 | 20,781 | 46,439 | 49,078 |
| Net interest income after provision for credit losses | 170,299 | 155,922 | 338,278 | 295,071 |
| Total non-interest income (1) | 34,043 | 29,606 | 68,359 | 5,116 |
| Non-interest expense: | ||||
| Salaries and employee benefits | 56,037 | 45,848 | 107,331 | 88,522 |
Item 1. Customers Bancorp, Inc. Consolidated Financial Statements as of June 30, 2026 and for the three and six month periods ended June 30, 2026 and 2025 (unaudited)
FAQ
- What is Customers Bancorp's reportable segment — provision for credit losses?
- Customers Bancorp (CUBI) reported reportable segment — provision for credit losses of $23.07M in Q2 2026.
- What does reportable segment — provision for credit losses mean?
- This represents the expense recognized by a segment to maintain an adequate allowance for expected loan losses based on credit risk assessments. It is a critical indicator of the segment's asset quality and the potential impact of credit deterioration on earnings.
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