Customers Bancorp, Inc. 8-K

What Happened
Customers Bancorp, Inc. (CUBI) announced on February 11, 2026 that its Board authorized a new share repurchase program to buy back up to $100 million of the company’s common stock. The program’s term begins February 12, 2026 and will extend for one year unless earlier terminated.

Key Details

• Authorization amount: up to $100,000,000 of common stock.
• Effective/term dates: authorized Feb 11, 2026; program runs from Feb 12, 2026 for one year (unless ended earlier).
• Purchase methods: open market purchases, privately negotiated transactions, Rule 10b5-1 plans, or other methods at the company’s discretion.
• Execution: number of shares, timing, prices and terms are at the company’s discretion and will comply with applicable regulatory limits.

Why It Matters
The repurchase program gives Customers Bancorp flexibility to use capital to buy back shares, which can reduce shares outstanding and is a form of shareholder return. Investors should note the $100 million cap, the one-year window, and that actual buybacks (timing, amount, price) are discretionary and subject to regulatory constraints. A press release about the program was filed as Exhibit 99.1 to the Form 8-K.