The shares are listed on the New York Stock Exchange

Davis Polk advised the joint book-running managers in connection with the $172.5 million SEC-registered offering of 2,518,248 shares of voting common stock by Customers Bancorp, including the full exercise of underwriters’ option to purchase additional 328,467 shares of voting common stock. The voting common stock is listed on the New York Stock Exchange under the symbol “CUBI.”

Customers Bancorp is a bank holding company located in West Reading, Pennsylvania, engaged in banking and related businesses through its bank subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank, and is a member of the Federal Reserve System, with deposits insured by the FDIC. Customers Bank has seven branches and provides commercial banking products, primarily loans and deposits.

The Davis Polk capital markets team included partner Pedro J. Bermeo and associates Xi (Brooke) Zheng and Courtney Wax. The financial institutions team included counsel Suiwen Liang and associate Boaz B. Goldwater. The tax team included partner Aliza Slanksy and associate Fred Fu. All members of the Davis Polk deal team are based in the New York office.

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