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Customers Bancorp (CUBI)
NYSE:CUBI
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.54Last Year’s EPS
1.66Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 1.97%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted the company's strong core performance, transformation of the deposit franchise, robust loan growth, and successful operational excellence initiatives. Despite these positives, the company acknowledged market volatility and undertook securities repositioning to manage credit risk. Overall, the positive aspects outweigh the challenges, suggesting a strong start to the year.Company Guidance
During the Customers Bancorp 2025 First Quarter Earnings Call, the company provided robust guidance showcasing strong financial performance. Key metrics highlighted include an above-average annual growth rate of 15% in revenue, 20% in core earnings per share (EPS), and 16% in tangible book value over the past five years. The company reported a 25 basis point reduction in the average cost of deposits this quarter, contributing to a 64 basis point reduction from its peak in Q3 2024. Noninterest-bearing deposits increased by over $250 million, while the loan portfolio grew at a 12% annualized rate. The net interest margin expanded by two basis points, reaching 3.13%, driven by a decrease in interest expense. Operational excellence initiatives surpassed targets, achieving a $30 million annualized impact. The company’s coverage of immediately available liquidity to uninsured deposits stood at 55%, and the nonperforming assets ratio was low at 26 basis points. Capital ratios remained strong, with CET1 at 11.7% and a TCE ratio of 7.7%. The company reaffirmed its guidance for loan growth at the high end of its range and projected NII growth of 3% to 7% year-over-year.Strong Core Performance
The company started the year with strong core performance, driven by impressive transformation of the deposit franchise, strong loan growth from diversified sources, improved efficiency, and high net promoter scores.
Deposit Franchise Transformation
The deposit transformation momentum continued with a 25 basis point reduction in average cost of deposits in the quarter, and a 64 basis point reduction from their high in Q3 2024.
Loan Growth
The company reported a 12% annualized pace of loan growth, with diversified and strategic growth from commercial verticals including commercial banking teams, commercial real estate, and healthcare.
Operational Excellence Initiatives
The company exceeded its original $20 million target for operational excellence initiatives, realizing $30 million in annualized impact through cost savings and new recurring fee income.
Financial Metrics
Core earnings per share of $1.5 on net income of $50 million, with core ROCE and ROA of 11.7% and 97 basis points respectively. The company's CET one ratio was 11.7%.
CUBI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CUBI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $50.33 | $48.85 | -2.94% |
Jan 23, 2025 | $50.35 | $57.35 | +13.90% |
Oct 31, 2024 | $46.13 | $45.68 | -0.98% |
Jul 25, 2024 | $64.05 | $66.85 | +4.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Customers Bancorp (CUBI) report earnings?
Customers Bancorp (CUBI) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Customers Bancorp (CUBI) earnings time?
Customers Bancorp (CUBI) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CUBI EPS forecast?
CUBI EPS forecast for the fiscal quarter 2025 (Q2) is 1.54.