- Previous Close
66.85 - Open
66.85 - Bid 30.00 x 900
- Ask 64.80 x 800
- Day's Range
63.47 - 67.03 - 52 Week Range
31.16 - 68.49 - Volume
320,838 - Avg. Volume
372,872 - Market Cap (intraday)
2.011B - Beta (5Y Monthly) 1.66
- PE Ratio (TTM)
8.55 - EPS (TTM)
7.43 - Earnings Date Oct 24, 2024 - Oct 28, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
72.30
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.
www.customersbank.com806
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CUBI
View MorePerformance Overview: CUBI
Trailing total returns as of 7/29/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: CUBI
View MoreValuation Measures
Market Cap
2.01B
Enterprise Value
--
Trailing P/E
8.55
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.67
Price/Book (mrq)
1.25
Enterprise Value/Revenue
4.49
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
35.53%
Return on Assets (ttm)
1.20%
Return on Equity (ttm)
16.02%
Revenue (ttm)
722.46M
Net Income Avi to Common (ttm)
241.4M
Diluted EPS (ttm)
7.43
Balance Sheet and Cash Flow
Total Cash (mrq)
3.05B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: CUBI
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Research Reports: CUBI
View MoreLowering target price to $52.00
CUSTOMERS BANCORP INC has an Investment Rating of SELL; a target price of $52.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $53.00
CUSTOMERS BANCORP INC has an Investment Rating of SELL; a target price of $53.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetRating decreased to a SELL
CUSTOMERS BANCORP INC has an Investment Rating of SELL; a target price of $52.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetRaising target price to $52.00
CUSTOMERS BANCORP INC has an Investment Rating of HOLD; a target price of $52.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice Target