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Update: Customers Bancorp CEO Buys $500,000 In Shares At Market

On 2/2/2015, Customers Bancorp (NYSE:CUBI) CEO Jay Sidhu purchased $499,459.23 in CUBI shares at what was then market pricing. This is an unexpected and incredibly bullish indicator of the confidence the CEO has in the company, and in my opinion, validates my bull thesis that shares currently trade at a steep discount to what I believe is fair valuation. CUBI currently trades at $21.23 intra-day and is just shy of all-time…