 Customers
Bancorp, Inc. is a bank holding company that operates through its
subsidiary, Customers Bank. The company offers a range of financial
products and services, including checking and savings accounts,
commercial and industrial loans, real estate financing, cash
management, and wealth management. Customers Bank operates primarily
in the Mid-Atlantic and Northeastern regions of the United States.
CUBB is a preferred stock issued by Customers Bancorp. The
preferred stock has a 5.375% coupon rate and pays dividends quarterly.
CUBB is listed on the NASDAQ stock exchange.
Investing in
preferred stocks like CUBB can provide investors with a higher
dividend yield than common stocks, as preferred stock dividends are
paid out before common stock dividends. Preferred stocks also
typically have less volatility than common stocks and may provide more
stable income for investors.
It is important to note that
preferred stocks are not the same as bonds, as they have no set
maturity date and are subject to market fluctuations in value.
Investors should also be aware of the creditworthiness of the issuing
company, as preferred stock dividends may be suspended if the company
experiences financial difficulties.
Overall, CUBB may be
suitable for investors seeking a relatively stable source of income
and who are comfortable with the risks associated with investing in
preferred stocks. As with any investment, it is important to conduct
thorough research and consult with a financial advisor before making
any investment decisions.
|
