SCHEDULE: BlackRock Boosts Stake in Customers Bancorp to 12.5%
Beneficial Ownership Report (Schedule 13G)
BlackRock, Inc. has increased its beneficial ownership in Customers Bancorp Inc. to 12.5% of the common stock, holding 4,253,895 shares as of September 30, 2025.
Summary
- BlackRock, Inc. beneficially owns 4,253,895 shares of Customers Bancorp Inc. common stock.
- This ownership represents 12.5% of the total outstanding common stock.
- BlackRock, Inc. holds sole voting power over 4,182,702 shares.
- BlackRock, Inc. holds sole dispositive power over 4,253,895 shares.
- No shared voting or dispositive power is reported.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Customers Bancorp Inc.
- iShares Core S&P Small-Cap ETF, a BlackRock entity, beneficially owns more than 5% of Customers Bancorp Inc. common stock.
Sentiment
Score: 6
Explanation: The filing indicates a significant, passive investment by a major institutional investor, which is generally viewed as a positive signal of confidence in the company, without suggesting any immediate negative implications or activist intentions.
Positives
- Increased institutional ownership by a major asset manager like BlackRock can signal confidence in Customers Bancorp Inc.'s long-term prospects.
- The acquisition of shares is stated to be in the ordinary course of business, indicating a standard investment rather than an activist stance.
Future Outlook
No forward-looking statements or guidance regarding Customers Bancorp Inc. are provided in this beneficial ownership report.
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
Industry Context
This filing reflects a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive ownership stake in Customers Bancorp Inc., a regional bank. Such disclosures are common for large asset managers who hold significant positions across numerous public companies as part of their diversified investment strategies, often through various funds and ETFs.
Comparison to Industry Standards
- BlackRock's 12.5% stake in Customers Bancorp Inc. is a substantial passive investment, typical for large institutional asset managers who often hold significant, non-controlling positions in companies across various sectors, including regional banking.
- The disclosure aligns with standard regulatory requirements for beneficial ownership reporting, demonstrating compliance with SEC rules for investors holding more than 5% of a company's stock.
Stakeholder Impact
- Shareholders may view the increased institutional ownership by BlackRock as a positive indicator of the company's investment appeal and stability.
- The filing confirms BlackRock's passive investment intent, which suggests no immediate changes to Customers Bancorp Inc.'s management or strategic direction from this shareholder.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney for BlackRock, Inc. was dated. |
| 2025-01-21 | New Power of Attorney for BlackRock, Inc. was executed, revoking the previous one. |
| 2025-09-30 | Date of event which requires filing of this statement (ownership reported as of this date). |
| 2025-10-17 | Date of filing of this Schedule 13G Amendment No. 13. |
Keywords
BlackRock, Customers Bancorp, Beneficial Ownership, Institutional Investor, Common Stock, Financial Services, Banking, Investment, Schedule 13G
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