Samvir Sidhu Biography and Net Worth

CEO of Customers Bancorp

Sam Sidhu joined the board of Customers Bancorp in 2012 and became the Chief Operating Officer of the company in January 2020. He was promoted to President & Chief Executive Officer of Customers Bank in July 2021. Under Sam’s leadership the bank has embraced technological advances and expanded the company’s product offerings, services, and markets; and doubled its assets while transforming its deposit franchise.

Prior to joining Customers Bank fulltime, Sam founded and served as CEO of Megalith Capital Management, a real estate focused private equity firm making investments primarily in New York City. He previously worked in private equity with Providence Equity Partners and investment banking with Goldman Sachs.

Sam holds a BA from the Wharton School of Business at the University of Pennsylvania and an MBA from the Harvard Business School. He was appointed to the New York Stock Exchange’s Listed Company Advisory Board, a select group of thirty leading executives who guide the Exchange’s public policy advocacy. Sam is a Trustee of the Committee for Economic Development of The Conference Board. He is active with the Milken Institute and the Midsize Banks Coalition of America. Sam and his wife are the parents of three young children.

What is Samvir S. Sidhu's net worth?: The estimated net worth of Samvir S. Sidhu is at least $7.25 million as of August 13th, 2024. Mr. Sidhu owns 144,504 shares of Customers Bancorp stock worth more than $7,249,332 as of March 29th. This net worth evaluation does not reflect any other investments that Mr. Sidhu may own. Learn More about Samvir S. Sidhu's net worth.
How do I contact Samvir S. Sidhu?: The corporate mailing address for Mr. Sidhu and other Customers Bancorp executives is 701 Reading Avenue, West Reading PA, 19611. Customers Bancorp can also be reached via phone at (610) 933-2000 and via email at rramsey@customersbank.com. Learn More on Samvir S. Sidhu's contact information.
Has Samvir S. Sidhu been buying or selling shares of Customers Bancorp?: Samvir S. Sidhu has not been actively trading shares of Customers Bancorp during the last ninety days. Most recently, on Tuesday, August 13th, Samvir S. Sidhu bought 2,500 shares of Customers Bancorp stock. The stock was acquired at an average cost of $45.53 per share, with a total value of $113,825.00. Following the completion of the transaction, the chief executive officer now directly owns 144,504 shares of the company's stock, valued at $6,579,267.12. Learn More on Samvir S. Sidhu's trading history.
Who are Customers Bancorp's active insiders?: Customers Bancorp's insider roster includes Richard Ehst (COO), Glenn Hedde (Insider), Steven Issa (CEO), Daniel Rothermel (Director), Jay Sidhu (CEO), Samvir Sidhu (CEO), Jesse John Velasquez (CAO), and T. Way (Director). Learn More on Customers Bancorp's active insiders.
Are insiders buying or selling shares of Customers Bancorp?: In the last twelve months, Customers Bancorp insiders bought shares 1 times. They purchased a total of 2,500 shares worth more than $113,825.00. In the last twelve months, insiders at the bank sold shares 7 times. They sold a total of 212,428 shares worth more than $12,053,133.28. The most recent insider tranaction occured on February, 4th when CEO Jay S Sidhu sold 67,000 shares worth more than $3,806,940.00. Insiders at Customers Bancorp own 6.9% of the company. Learn More about insider trades at Customers Bancorp.
Information on this page was last updated on 2/4/2025.

Samvir S. Sidhu Insider Trading History at Customers Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/13/2024	Buy	2,500	$45.53	$113,825.00	144,504
5/6/2022	Buy	2,965	$42.10	$124,826.50	80,637
6/14/2021	Buy	6,000	$39.53	$237,180.00

Samvir S. Sidhu Buying and Selling Activity at Customers Bancorp

Customers Bancorp Company Overview

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, a blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts. The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.

Today's Range

Now: $50.17

$49.85

$51.47

50 Day Range

MA: $53.59

$47.66

$58.32

2 Week Range

Now: $50.17

$42.31

$68.49

Volume

247,596 shs

Average Volume

366,272 shs

Market Capitalization

$1.58 billion

P/E Ratio

9.88

Dividend Yield

N/A

Beta

1.74