Customers Bancorp, Inc. (CUBI)

NYSE: CUBI · IEX Real-Time Price · USD
31.32
+0.67 (2.17%)
Feb 2, 2023, 9:50 AM EST - Market open
2.17%
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]

Sector Financials
IPO Date Feb 21, 2012
Employees 672
Stock Exchange NYSE
Ticker Symbol CUBI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$47.18
(50.66% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - Zacks Investment Research

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...

6 days ago - Business Wire

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...

6 days ago - Zacks Investment Research

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?

1 week ago - Zacks Investment Research

Customers Bancorp Reports Results for Full Year and Fourth Quarter 2022

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE:CUBI)

1 week ago - Business Wire

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...

1 week ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

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...

Other symbols: BBVACCIBKBNYCBSTC
2 weeks ago - InvestorPlace

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...

2 weeks ago - Zacks Investment Research

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...

3 weeks ago - Business Wire

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.

Other symbols: FSISB
3 weeks ago - Zacks Investment Research

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....

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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?

3 months ago - Zacks Investment Research

Customers Bancorp Reports Results for Third Quarter 2022

WEST READING, Pa.

3 months ago - Business Wire

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.

3 months ago - Zacks Investment Research

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.

4 months ago - Business Wire

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.

Other symbols: CIMILPT
4 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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...

6 months ago - Zacks Investment Research

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?

6 months ago - Zacks Investment Research

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.”

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Zacks Investment Research