What move does the options market price into Customers Bancorp's report?

Implied ±13.3%, either direction · provisional.

How often does Customers Bancorp move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

CUBINYSEState Commercial Banks

Customers Bancorp, Inc. (CUBI) earnings date, market-implied expected move, and options open interest by expiry

83.99

−0.17 · −0.20%

post 86.40 +2.87%

Closed15:59 ET

Open86.95Volume343,646Mkt cap$2.8BP/E10.11EPS8.55

Day86.40 – 87.170%52-wk63.44 – 88.0593%

CUBI

Customers Bancorp, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±13.3%implied · straddle

74.8397.69

spot 86.26exp Feb 19ATM strike 87.5ATM straddle 13.45IV 36%

Nov 2 closeprovisional

Expected move

Inputs

Next report

Jan 21

after close · in 80 days

est.Q4 FY26

Calendar

Next report

Last report

+7.38%

vs ±8.4% implied · ×0.88

shaded = implied · ▲▼ = realized

Oct 22 '26 · confirmedthin chain

Implied vs realized

Linked news

7dTRTX · customerTPG RE Finance Trust posts Q3 GAAP net income $5.8 million, $0.08 per diluted share

News

Largest filed tie

13F top-10 QoQ

+0.90%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

297 managers

Top fund weight

0.08%

CUBI weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Customers Bancorp (CUBI) is expected to report on Jan 21 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±8.7%
avg realized: ±5.5%

Jan 23 '25Jan 23 '25confirmed±9.2%▲+13.90%×1.50

Apr 24 '25Apr 24 '25confirmed±8.3%▼−2.94%×0.36

Jul 24 '25Jul 24 '25confirmed±8.8%▲+0.41%×0.05

Q3 FY25Oct 23 '25confirmed±9.9%▲+6.96%×0.70

Jan 22 '26Jan 22 '26confirmed±8.1%▼−8.24%×1.02

Q1 FY26Apr 23 '26confirmed±8.0%▼−3.99%×0.50

Q2 FY26Jul 23 '26confirmed±8.6%▲+0.57%×0.07

Oct 22 '26Oct 22 '26confirmed±8.4%thin chain▲+7.38%×0.88

quarterimplied−15%0+15%realized×

Oct '26±8.4%▲+7.38%×0.88

Q2 FY26±8.6%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.23OI · 3 expiries · Oct 30 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

120−2%Nov 2018d0.35342−6%0.35

102+2%Dec 1846d1.8954+35%1.89

report · Jan 21 · after close · est.

590%Feb 19109d2570%

ExpiryPutsCallsP/C

Nov 2018d120−2%342−6%0.35

Dec 1846d102+2%54+35%1.89

report · Jan 21 · after close · est.

Feb 19109d590%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±13.3%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Customers 1

TRTX±3.1%×0.23

Dashed = straddle · × = co-movement · max 500dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

31.47%as filednet margin · revenue +0.77% QoQ · +10.23% YoY

Revenue$227M+0.77%

Pre-tax income$89M−0.95%

Net income$72M31.47%+2.74%

Tax$18M−13.38%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.26· ±2.3% vs ±1.8% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.3%12 of 24×1.26

PPIproducer prices±1.5%7 of 10×0.84

NFPjobs report±1.5%3 of 10×0.81

PCEpersonal income & outlays±1.1%9 of 19×0.63

CPROFcorporate profits±1.1%8 of 12×0.60

GDPgross domestic product±1.0%10 of 19×0.57

CPIconsumer prices±0.9%5 of 10×0.52

Bar = avg |move| to ±3% · tick = ±1.8% avg day · ×base = |move| ÷ ±1.8% · min 6 releases

Earnings history

EPS 2.05 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 23 '26 · confirmed	2.05	—
Q1 FY26	Apr 23 '26 · confirmed	1.97	—
Q3 FY25	Oct 23 '25 · confirmed	2.20	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod