Customers Bancorp shares hit record $84.05 as investors bet on growth

Customers Bancorp Inc’s shares reached a record $84.05 on Friday, capping a sharp rally driven by robust loan growth and improving profitability metrics.

The Pennsylvania-based regional bank’s stock touched the intraday peak during morning trading, according to market data. The move extends a multi-month advance that has seen the company’s shares gain over 40% since the start of the year, outpacing broader U.S. banking benchmarks.

Analysts attributed the rally to strong loan demand, particularly in commercial and industrial lending, as well as a sustained improvement in net interest margins. Customers Bancorp has also benefited from a shift in investor sentiment toward smaller, regionally focused lenders, which have seen reduced deposit outflows compared with larger peers.

The company has not provided an official comment on the latest price action. Its most recent earnings report, released in late July, showed a 15% year-over-year increase in net income, driven by higher revenue and lower credit losses.

Investors have increasingly favored regional banks with strong deposit bases and disciplined risk management, a trend that has supported Customers Bancorp’s valuation expansion. The stock’s record close follows a broader rotation into financials, as expectations for Federal Reserve rate cuts later this year have boosted lending margins.

Shares were last quoted at $84.05, up 2.8% on the session, with trading volume roughly double the 30-day average.