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Customers Bancorp, Inc. (CUBI) CEO Jay Sidhu on Q1 2020 Results - Earnings Call Transcript

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Customers Bancorp, Inc. (NYSE:CUBI) Q1 2020 Results Conference Call May 4, 2020 11:00 AM ET

Company Participants

Robert Ramsey - Director, IR & Strategic Planning

Jay Sidhu - Chairman & CEO

Dick Ehst - President & COO

Carla Leibold - EVP, CFO & Treasurer

Sam Sidhu - Chief Operating Officer

Andy Bowman - Chief Credit Officer

Steve Issa - Chief Lending Officer, President of New England Market, Commercial Finance Group

Lyle Cunningham - Market President of Metro New York, Head of our Specialty Lending & Chicago Market

Tim Romig - President of Pennsylvania New Jersey Market

Glenn Hedde - Head of Banking Mortgage Companies

Jim Collins - Chief Administrative Officer

Conference Call Participants

Steve Moss - B. Riley FBR

Michael Schiavone - KBW

Russell Gunther - D.A. Davidson

Frank Schiraldi - Piper Sandler


Good morning and welcome to the First Quarter 2020 Customers Bancorp, Inc. Earnings Conference Call.

At this time, I would like to turn the call over to Mr. Bob Ramsey. Please go ahead, sir.

Robert Ramsey

Thank you, Travis, and good morning, everyone. Customer Bancorp's first quarter 2020 earnings release was issued yesterday afternoon along with our investor presentation. Both are posted on the Investor Relations page of the Company's website at www.customersbank.com. Our investor presentation includes important details that we will be discussing this morning and I'd now encourage everyone to pull up a copy.

Before we begin, I would like to remind you that some of the statements we make today may be considered forward-looking. These forward-looking statements are subject to a number of risks and uncertainties that may cause actual performance results to differ materially from what is currently anticipated. Please note that these forward-looking statements speak only as of the date of this presentation, and we undertake no obligation to update these forward-looking statements in light

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