CUBI · Customers Bancorp, Inc. Q2 FY2026 earnings call record财报电话会记录

“Please refer to our SEC filings, including our most recent Form 10-K and Form 10-Q, and our current reports on Form 8-K for a more detailed description of the assumptions and risk factors related to our business.”

“To give you some context on the impact we're experiencing, our team has now saved at least 46,000 hours through AI-enabled workflow automation, up about 65% from last quarter and equivalent to 24 FTEs.”

“We are also looking at incubating new verticals, facilitating 24/7 cross-border and other 24/7 settlement transactions as customers, and in some cases, their agents continue to expect faster payments.”

“We delivered EPS of $2.05, up roughly 4% from last quarter and 18% year-over-year, continuing the consistent high-quality earnings growth this franchise has delivered.”

“We expect our net interest margin to move back toward first quarter levels in the third quarter and to build from there.”

“Through the first six months of 2026, our core efficiency ratio improved by approximately 200 basis points, and revenue growth outpaced expense growth, generating roughly 430 basis points of positive operating leverage over the same period last year.”

“That's approximately two and a half times where we stood at the end of 2019, a CAGR of roughly 15%, compared to about a 5% CAGR for regional bank peers over the same period.”

“On non-interest expense, we're maintaining our target even as we continue to invest significantly in people and technology.”

“Loans grew 17% year-over-year, NII increased 9% year-over-year, and our EPS grew 18% year-over-year.”

“I was wondering, when you think about the outlook for the full year, does it seem like the higher end of the loan growth guidance is becoming more likely?”

“Maybe could you talk about what your view is on the CLARITY Act and how that could impact Customers Bancorp, either on cubiX's side or just any side of your bank.”

“I think that either of those paths would be a net benefit to Customers Bank existing customer base, but also open up new channels with potential verticals that are adjacent to our core DA 24/7 trading.”