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BRIEF-Customers Bancorp executes agreement to sell Bankmobile division to Flagship Community Bank
March 8, 2017 / 1:36 PM / 9 months ago

BRIEF-Customers Bancorp executes agreement to sell Bankmobile division to Flagship Community Bank

March 8 (Reuters) - Customers Bancorp Inc

* Customers Bancorp executes agreement to sell Bankmobile division to Flagship Community Bank

* Customers Bancorp - total cash purchase price of $175 million

* Customers Bancorp - after accounting for all expenses, this transaction is expected to create approximately $100 million of pre-tax gain for customers Source text for Eikon: Further company coverage:

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