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Customers Bancorp, Inc. (CUBI)

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63.51 -3.34 (-5.00%)
At close: July 29 at 4:00 PM EDT
Loading Chart for CUBI
DELL
  • 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.com

806

Full Time Employees

December 31

Fiscal Year Ends

Recent News: CUBI

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Performance Overview: CUBI

Trailing total returns as of 7/29/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CUBI
10.22%
S&P 500
14.54%

1-Year Return

CUBI
51.97%
S&P 500
19.23%

3-Year Return

CUBI
65.52%
S&P 500
24.15%

5-Year Return

CUBI
208.75%
S&P 500
80.56%

Compare To: CUBI

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Statistics: CUBI

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Valuation Measures

Annual
As of 7/29/2024
  • 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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Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

53.00 Low
72.30 Average
63.51 Current
82.00 High
 

Company Insights: CUBI

Research Reports: CUBI

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  • Lowering 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.

    Rating
    Price Target
     
  • Raising 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.

    Rating
    Price Target
     
  • Rating 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.

    Rating
    Price Target
     
  • Raising 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.

    Rating
    Price Target
     

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