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Customers Bancorp, Inc. (CUBI)

Stock Price: $13.84 USD 0.74 (5.65%)
Updated Oct 22, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 436.16M
Revenue (ttm) 353.13M
Net Income (ttm) 80.41M
Shares Out 31.51M
EPS (ttm) 2.09
PE Ratio 6.62
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 22, 2020
Last Price $13.84
Previous Close $13.10
Change ($) 0.74
Change (%) 5.65%
Day's Open 13.13
Day's Range 13.02 - 13.89
Day's Volume 92,072
52-Week Range 8.36 - 25.72

More Stats

Market Cap 436.16M
Enterprise Value 4.94B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date n/a
Shares Outstanding 31.51M
Float 28.63M
EPS (basic) 2.10
EPS (diluted) 2.09
FCF / Share 2.14
Dividend n/a
Dividend Yield n/a
Earnings Yield 15.10%
FCF Yield 15.42%
Payout Ratio n/a
Shares Short 574,991
Short Ratio 3.52
Short % of Float 2.01%
Beta 1.57
PE Ratio 6.62
Forward PE n/a
P/FCF Ratio 6.48
PS Ratio 1.24
PB Ratio 0.52
Revenue 353.13M
Operating Income 104.83M
Net Income 80.41M
Free Cash Flow 67.26M
Net Cash -4.51B
Net Cash / Share -143.04
Gross Margin 94.70%
Operating Margin 29.69%
Profit Margin 18.70%
FCF Margin 19.05%
ROA 0.55%
ROE 8.04%
ROIC 0.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 2
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$18.00*
(30.06% upside)
Low
14.0
Current: $13.84
High
27.0
Target: 18.00
*Average 12-month price target from 6 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 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.