Customers Bancorp, Inc. (CUBI)
| Market Cap | 1.02B |
| Revenue (ttm) | 678.46M |
| Net Income (ttm) | 291.43M |
| Shares Out | 32.52M |
| EPS (ttm) | 8.60 |
| PE Ratio | 3.56 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 35,113 |
| Open | 30.02 |
| Previous Close | 30.65 |
| Day's Range | 30.67 - 31.32 |
| 52-Week Range | 25.13 - 65.48 |
| Beta | 1.58 |
| Analysts | Buy |
| Price Target | 47.18 (+50.66%) |
| Earnings Date | Jan 25, 2023 |
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 offers deposits products, including checking, savings, MMDA, and other deposits accounts. It offers loan products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans, and installment loans. It also offers traditional... [Read more]
Financial Performance
In 2021, CUBI's revenue was $735.52 million, an increase of 81.73% compared to the previous year's $404.73 million. Earnings were $300.13 million, an increase of 153.20%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for CUBI stock is "Buy." The 12-month stock price forecast is $47.18, which is an increase of 50.66% from the latest price.
News
Are Investors Undervaluing Customers Bancorp (CUBI) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock
WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Per...
Wall Street Analysts Predict a 61.53% Upside in Customers Bancorp (CUBI): Here's What You Should Know
The consensus price target hints at a 61.5% upside potential for Customers Bancorp (CUBI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings...
Customers Bancorp (CUBI) Q4 Earnings and Revenues Miss Estimates
Customers Bancorp (CUBI) delivered earnings and revenue surprises of -28.31% and 16.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Customers Bancorp Reports Results for Full Year and Fourth Quarter 2022
WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE:CUBI)
Customers Bancorp (CUBI) Surges 7.7%: Is This an Indication of Further Gains?
Customers Bancorp (CUBI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near...
Customers Bancorp (CUBI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Customers Bancorp (CUBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
7 Bargain Financial Stocks Selling Below Their Book Value
With a stressful year behind us, it's time to buy undervalued stocks, including the seven bargain financial stocks we'll discuss today. Historically, this industry is known for sizable dividends and s...
Is Customers Bancorp (CUBI) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Customers Bancorp, Inc. to Host Fourth Quarter and Year-End Earnings Webcast on January 26, 2023
WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EST on Thursday, January 26...
Best Value Stocks to Buy for January 10th
SB, CUBI and FSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 10, 2023.
Btech Consortium Launches to Advance Community Bank Technology
LOS ANGELES--(BUSINESS WIRE)--The Btech Consortium announces the launch of a strategic technology partnership between U.S. community banks, Elizabeth Park Capital Management, and Strandview Capital....
Customers Bancorp, Inc. Provides Digital Asset Banking Update
WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI) the holding company which owns banking subsidiary Customers Bank (the "Bank") with assets over $20 billion and a leading prov...
Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E, and Series F Preferred Stock
Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE...
Customers Bancorp (CUBI) Q3 Earnings Beat Estimates
Customers Bancorp (CUBI) delivered earnings and revenue surprises of 11.21% and 15.02%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Customers Bancorp Reports Results for Third Quarter 2022
WEST READING, Pa.
Earnings Preview: Customers Bancorp (CUBI) Q3 Earnings Expected to Decline
Customers Bancorp (CUBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Customers Bancorp, Inc. to Host Third Quarter Earnings Webcast on October 27, 2022
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #banking--CUBI to announce 3rd Quarter 2022 earnings on Thursday, October 27, 2022 at 9:00 AM EDT.
New Strong Sell Stocks for September 29th
CIM, CUBI and ILPT have been added to the Zacks Rank #5 (Strong Sell) List on September 29, 2022.
Former Consumer Financial Protection Bureau Regulator Joins Board at Customers Bancorp
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #AnnualMeeting--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), has appointed Raj Date, Managing Pa...
Wall Street Analysts Believe Customers Bancorp (CUBI) Could Rally 66%: Here's is How to Trade
The consensus price target hints at a 66% upside potential for Customers Bancorp (CUBI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e...
Customers Bancorp (CUBI) Lags Q2 Earnings and Revenue Estimates
Customers Bancorp (CUBI) delivered earnings and revenue surprises of -1.67% and 0.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Customers Bancorp Reports Results for Second Quarter 2022
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #FinTech--CUBI Earnings: Core loans increased $2.2 billion in Q2 2022, up 18.7% from Q1 2022. “We remain very excited and optimistic about our future.”
Customer Bank to Consolidate Five Pennsylvania Branches
MALVERN, Pa.--(BUSINESS WIRE)--Customers Bank, a digital-forward super-community bank with a growing number of operations across the nation and the bank subsidiary of Customers Bancorp, Inc. (NYSE:CUB...
Is Customers Bancorp (CUBI) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...