10 Best Small Cap Bank Stocks To Invest In Now

6. Customers Bancorp Inc. (NYSE:CUBI)

Market Capitalization as of March 28: $1.58 billion

Number of Hedge Fund Holders: 26

Customers Bancorp Inc. (NYSE:CUBI) is the bank holding company for Customers Bank that provides banking products and services. It provides a range of deposit banking products and has an extensive lending business. It also provides digital banking, mobile phone and internet banking, wire transfers, electronic bill payment, and cash management services among other products.

The company’s cubiX platform is a major component of its digital banking strategy and contributes significantly to fee income and operational efficiency. cubiX is the company’s in-house developed digital banking platform for enhanced treasury management services and streamlined customer transactions. All CBIT (an instant USD transaction service) customers were transferred to the cubiX platform in Q4 2024. This transition helped generate an estimated $5 million in annual run-rate fee income and reduced third-party technology expenses.

The cubiX platform helps Customers Bancorp Inc. (NYSE:CUBI) to provide a single point-of-contact experience to its customers by bringing together high-tech solutions and personalized service. The platform also attracts and retains non-interest-bearing deposits. In Q4, non-interest-bearing deposits reached $5.6 billion, which was 30% of the total deposits that quarter.