Customers Bancorp, Inc. (CUBI)

Market Cap	1.51B
Revenue (ttm)	699.53M
Net Income (ttm)	231.11M
Shares Out	31.65M
EPS (ttm)	7.16
PE Ratio	6.67
Forward PE	7.17
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,216
Open	47.69
Previous Close	47.74
Day's Range	47.37 - 47.96
52-Week Range	22.58 - 60.09
Beta	1.67
Analysts	Strong Buy
Price Target	61.29 (+28.76%)
Earnings Date	Apr 25, 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

Financial Performance

In 2023, CUBI's revenue was $683.40 million, an increase of 14.68% compared to the previous year's $595.93 million. Earnings were $235.45 million, an increase of 7.80%.

Analyst Forecast

According to 7 analysts, the average rating for CUBI stock is "Strong Buy." The 12-month stock price forecast is $61.29, which is an increase of 28.76% from the latest price.

Price Target

$61.29

(28.76% upside)

Analyst Consensus: Strong Buy