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Customers Bancorp, Inc. (CUBI)

Stock Price: $11.67 USD -0.18 (-1.52%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 367.73M
Revenue (ttm) 360.61M
Net Income (ttm) 66.99M
Shares Out 31.51M
EPS (ttm) 2.09
PE Ratio 5.58
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 3, 2020
Last Price $11.67
Previous Close $11.85
Change ($) -0.18
Change (%) -1.52%
Day's Open 11.91
Day's Range 11.56 - 12.02
Day's Volume 263,942
52-Week Range 8.36 - 25.72

More Stats

Market Cap 367.73M
Enterprise Value 2.56B
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date n/a
Shares Outstanding 31.51M
Float 28.99M
EPS (basic) 1.67
EPS (diluted) 2.09
FCF / Share 0.01
Dividend n/a
Dividend Yield n/a
Earnings Yield 17.91%
FCF Yield 0.09%
Payout Ratio n/a
Shares Short 845,848
Short Ratio 3.52
Short % of Float 3.44%
Beta 1.48
PE Ratio 5.58
Forward PE n/a
P/FCF Ratio 1,167.38
PS Ratio 1.02
PB Ratio 0.50
Revenue 360.61M
Operating Income 86.86M
Net Income 66.99M
Free Cash Flow 315,000
Net Cash -2.19B
Net Cash / Share -69.46
Gross Margin 94.70%
Operating Margin 24.09%
Profit Margin 15.90%
FCF Margin 0.09%
ROA 0.55%
ROE 8.04%
ROIC 0.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 1
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$16.80*
(43.96% upside)
Low
11.0
Current: $11.67
High
27.0
Target: 16.80
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue33431133930320316212486.7442.7654.63
Revenue Growth7.32%-8.32%12.11%48.85%25.35%30.55%43.33%102.88%-21.74%-
Gross Profit32530733930320316212486.7442.7654.63
Operating Income10291.0512412588.5065.5150.3036.095.8728.47
Net Income79.3371.7078.8478.7058.5843.2132.6923.824.0323.74
Shares Outstanding31.3231.6930.8127.5426.8826.7427.1620.3112.54-
Earnings Per Share2.051.781.972.311.961.551.301.570.363.36
EPS Growth15.17%-9.64%-14.72%17.86%26.45%19.23%-17.2%342.25%-89.42%-
Operating Cash Flow78.2897.4762.1991.4066.57-542722-1,24229.90-222
Capital Expenditures-50.26-38.98-24.36-5.43-2.94-1.27-3.89-2.71-2.72-3.29
Free Cash Flow28.0258.4937.8485.9863.63-544718-1,24527.18-225
Cash & Equivalents21362.1414626526537123318673.57239
Total Debt1,6931,6682,0621,1481,8901,81678547833813.00
Net Cash / Debt-1,480-1,606-1,916-883-1,626-1,445-552-292-264226
Assets11,5219,8339,8409,3838,3986,8254,1533,2012,0781,374
Liabilities10,4688,8778,9198,5277,8446,3823,7672,9321,9301,269
Book Value1,053957921856554443387269148105
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Customers Bancorp, Inc.
Country United States
Employees 867
CEO Jay S. Sidhu

Stock Information

Ticker Symbol CUBI
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: CUBI
IPO Date February 21, 2012

Description

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. It operates in two segments, Customers Bank Business Banking and BankMobile. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, and individual retirement accounts, as well as non-retail time deposit. It also provides commercial and industrial lending services; small business administration loans; multi-family and commercial real estate loans; commercial loans to mortgage companies; equipment financing services and specialty lending; and home equity and residential mortgage loans. In addition, the company offers private banking services; mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, and positive pay services; and cash management services, such as account reconciliation, collections, and sweep accounts. It operates 13 full-service branches, as well as limited purpose and administrative offices in Southeastern Pennsylvania; Rye Brook, New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Philadelphia, Pennsylvania; Washington D.C.; and Chicago, Illinois. Customers Bancorp, Inc. was founded in 1994 and is headquartered in Wyomissing, Pennsylvania.