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Customers Bancorp (CUBI)
NYSE:CUBI
Customers Bancorp (CUBI) Stock Price & Analysis
291 Followers
CUBI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.41 - $60.09
Previous Close$48.25
Volume218.33K
Average Volume (3M)303.94K
Market Cap
$1.52B
Enterprise Value$3.35B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.84B
Price to Earnings (P/E)6.7
Beta1.33
Next Earnings
Jul 24, 2024EPS Estimate
$1.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.16
Shares Outstanding31,484,886
10 Day Avg. Volume510,813
30 Day Avg. Volume303,937
Standard Deviation0.16
R-Squared0.31
Alpha0.00771
Financial Highlights & Ratios
Price to Book (P/B)1.00
Price to Sales (P/S)2.55
Price to Cash Flow (P/CF)-3.20
P/FCF Ratio188.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.11
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda79.28
Forecast
1Y Price Target
$64.60Price Target Upside33.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Customers Bancorp News
PremiumCompany Announcements
Customers Bancorp Unveils Updated Operational Overview
PremiumCompany Announcements
Customers Bancorp Finalizes Severance Deal with Former CFOPremiumCompany Announcements
Customers Bancorp Appoints Philip Watkins as New CFO
Bulls Say, Bears Say
Bulls Say
EarningsCUBI reported results with core EPS beating consensus and estimates.
Strategic GrowthCUBI has onboarded new commercial banking teams expected to enhance profitability.
ValuationCUBI shares are considered very undervalued, trading at a low multiple of the future EPS estimate.
Bears Say
Credit Quality IssuesCredit quality weakened modestly as nonperforming assets and net charge-offs increased.
Financial PerformanceThe 10 new commercial banking teams are expected to add $8M-$10M to quarterly expenses immediately.
Revenue ConcernsCustomers reported a mixed quarter driven by lower than expected net interest income.
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Ownership Overview
11.74% Insiders
25.14% Mutual Funds
28.15% Other Institutional Investors
34.97% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CUBI FAQ
What was Customers Bancorp’s price range in the past 12 months?
Customers Bancorp lowest stock price was $16.41 and its highest was $60.09 in the past 12 months.
What is Customers Bancorp’s market cap?
Currently, no data Available
When is Customers Bancorp’s upcoming earnings report date?
Customers Bancorp’s upcoming earnings report date is Jul 24, 2024 which is in 81 days.
How were Customers Bancorp’s earnings last quarter?
Customers Bancorp released its earnings results on Apr 25, 2024. The company reported $1.4 earnings per share for the quarter, missing the consensus estimate of $1.63 by -$0.23.
Is Customers Bancorp overvalued?
According to Wall Street analysts Customers Bancorp’s price is currently Undervalued.
Does Customers Bancorp pay dividends?
Customers Bancorp does not currently pay dividends.
What is Customers Bancorp’s EPS estimate?
Customers Bancorp’s EPS estimate is $1.5.
How many shares outstanding does Customers Bancorp have?
Customers Bancorp has 31,484,886 shares outstanding.
What happened to Customers Bancorp’s price movement after its last earnings report?
Customers Bancorp reported an EPS of $1.4 in its last earnings report, missing expectations of $1.63. Following the earnings report the stock price went down -5.471%.
Which hedge fund is a major shareholder of Customers Bancorp?
Among the largest hedge funds holding Customers Bancorp’s share is Driehaus Capital Management LLC. It holds Customers Bancorp’s shares valued at 40M.
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Customers Bancorp Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$64.60 (33.89% Upside)
$64.60 (33.89% Upside)
Blogger Sentiment
Bullish
CUBI Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 756.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.7%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
174.92%
12-Months-Change
Fundamentals
Return on Equity
15.82%
Trailing 12-Months
Asset Growth
-1.86%
Trailing 12-Months
Company Description
Customers Bancorp
Customers Bancorp, Inc. operates as a bank holding company. It operates through the following segments: Customers Bank Business Banking and BankMobile. The Customers Bank Business Banking segment is delivered predominately to commercial customers in Southeastern Pennsylvania, New York, New Jersey, Massachusetts, Rhode Island, New Hampshire, Washington D.C., and Illinois through a single point of contact business model and provides liquidity to residential mortgage originators nationwide through commercial loans to mortgage companies. The BankMobile segment provides state-of-the-art high-tech digital banking and disbursement services to consumers, students and the under banked nationwide, along with Banking as a Service offerings with existing and potential white label partners. The company was founded on April 7, 2010 and is headquartered in Wyomissing, PA.
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CUBI Company Deck
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CUBI Earnings Call
Q1 2024
0:00 / 0:00
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CUBI Stock 12 Months Forecast
Average Price Target
$64.60
▲(33.89% Upside)
Technical Analysis
Banc of California
―
First Commonwealth
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First Interstate Bancsystem
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Glacier Bancorp
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Best Analysts Covering CUBI
1 Year
1 Year Success Rate
18/22 ratings generated profit
1 Year Average Return
+103.53%
reiterated a buy rating 6 days ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +103.53% per trade.
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