Customers Bancorp, Inc. (CUBI)

Market Cap	1.69B
Revenue (ttm)	672.81M
Net Income (ttm)	201.39M
Shares Out	31.35M
EPS (ttm)	6.16
PE Ratio	8.75
Forward PE	9.83
Dividend	n/a
Ex-Dividend Date	n/a

Volume	162,360
Open	53.78
Previous Close	53.76
Day's Range	53.20 - 54.27
52-Week Range	42.31 - 68.49
Beta	1.61
Analysts	Buy
Price Target	62.63 (+16.18%)
Earnings Date	Oct 31, 2024

About CUBI

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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Feb 21, 2012
• Employees: 714
• Stock Exchange: NYSE
• Ticker Symbol: CUBI
• Website: https://www.customersbank.com

Financial Performance

In 2023, Customers Bancorp's revenue was $683.40 million, an increase of 16.14% compared to the previous year's $588.41 million. Earnings were $235.45 million, an increase of 7.80%.

Analyst Forecast

According to 9 analysts, the average rating for CUBI stock is "Buy." The 12-month stock price forecast is $62.63, which is an increase of 16.18% from the latest price.

Price Target

$62.63

(16.18% upside)

Analyst Consensus: Buy