EVP, Head of Corporate Development and Investor Relations and Former Chief Financial Officer · Customers Bancorp, Inc. (CUBI)

Philip Watkins

A named executive officer of Customers Bancorp in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,071,708

FY2024: $634,276

3rd of 6 named executive officers at Customers Bancorp by FY2025 total.

6 named officers on file for Customers Bancorp, FY2025

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What this number hides

The filing gives the total. Customers Bancorp’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 14, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Philip Watkins compensation by year

Customers Bancorp Summary Compensation Table · all 2 fiscal years held
In US dollars, as Customers Bancorp reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$410,673$425,000
Bonus$0$170,000
Stock awards$210,012$636,987
Option awards$0$0
Non-equity incentive$0$0
Pension and deferred compensation—$0
All other$13,591$9,721
Total$634,276$1,071,708

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Customers Bancorp, Inc. DEF 14A filed April 14, 2026, accession 0001488813-26-000048, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Customers Bancorp, Inc. filed document, accession 0001488813-26-000048. Every figure is read from that document and cited to the page and table it appears in. Filed April 14, 2026.

$634K
$1.1M
FY24
FY25
SalaryBonusStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU8,333$609,309—
RSU5,796$423,804—
RSU4,381$320,339—
RSU3,878$283,559—
RSU3,170$231,790—
RSU2,819$206,125—
RSU1,858$135,857—
Option20,000—$28.37

Per the Outstanding Equity Awards at Fiscal Year-End table in Customers Bancorp, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

6 Form 4 lines since the FY2025 proxy (filed April 14, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-11-02Exercise or conversion—2,000$28.3746,602
2026-11-02Sale—5,500$86.1741,102
2026-11-02Exercise or conversion derivative—2,000$28.3718,000
2026-10-24Tax withholding—3,332$84.5444,602
2026-05-11Sale—3,000$75.6743,993
2026-03-13Grant or award—3,941$64.7247,934

The 6 most recent of 6 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Customers Bancorp’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Sam SidhuPresident and Chief Executive Officer$12,927,331
Jay SidhuExecutive Chairman and Former Chief Executive Officer$2,954,956
Philip Watkins · this pageEVP, Head of Corporate Development and Investor Relations and Former Chief Financial Officer$1,071,708
Lyle CunninghamEVP, Chief Banking Officer$907,501
Thomas KasulkaEVP, Chief Credit Officer$889,030
Mark McCollomEVP, Chief Financial Officer$391,056

The full Customers Bancorp compensation record

free company brief

This page is one person within Customers Bancorp's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Customers Bancorp proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Customers Bancorp's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Customers Bancorp's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Philip Watkins's compensation dossier