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Customers Bancorp (CUBI)
NYSE:CUBI
Customers Bancorp (CUBI) Stock Price & Analysis
295 Followers
CUBI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.16 - $64.98
Previous Close$62.67
Volume434.26K
Average Volume (3M)389.86K
Market Cap
$1.97B
Enterprise Value$3.47B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.50B
Price to Earnings (P/E)8.8
Beta1.31
Next Earnings
Jul 25, 2024EPS Estimate
$1.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.16
Shares Outstanding31,652,021
10 Day Avg. Volume394,945
30 Day Avg. Volume389,861
Standard Deviation0.16
R-Squared0.30
Alpha0.00698
Financial Highlights & Ratios
Price to Book (P/B)0.93
Price to Sales (P/S)1.94
Price to Cash Flow (P/CF)-19.10
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.79
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$63.20Price Target Upside3.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Customers Bancorp News
PremiumPre-Earnings
Is CUBI a Buy, Before Earnings?
PremiumCompany Announcements
Customers Bancorp Enhances Stock Plan and Elects Directors
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 CFOBulls Say, Bears Say
Bulls Say
Deposit PipelineThe deposit pipeline remains robust at $2.0+ billion, up from $1.5 billion three months ago, which should build upon the strong core deposit growth in 2023.
Management OptimismManagement was very optimistic about the 10 new commercial banking teams that recently joined CUBI from legacy Signature Bank.
ValuationCUBI shares currently trade at 6.3x our 2025 EPS estimate, which we regard as very undervalued.
Bears Say
Credit QualityCredit quality weakened modestly as non-performing assets increased by 33%.
EarningsLowering 2024 EPS estimate to $6.90 from $7.00 based on the temporary negative impact of the new teams.
Financial PerformanceNet charge-offs increased by $1 million to $18 million or 55 basis points of loans.
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Ownership Overview
11.70% Insiders
26.66% Mutual Funds
28.37% Other Institutional Investors
33.27% 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 $31.16 and its highest was $64.98 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 25, 2024 which is today.
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 $1.43.
How many shares outstanding does Customers Bancorp have?
Customers Bancorp has 31,652,021 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 32M.
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Customers Bancorp Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$63.20 (3.22% Upside)
$63.20 (3.22% Upside)
Blogger Sentiment
Bullish
CUBI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 108.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.3%
Last 30 Days ▼ 8.3%
Last 30 Days ▼ 8.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.97%
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 Month Forecast
Average Price Target
$63.20
▲(3.22% Upside)
Technical Analysis
Best Analysts Covering CUBI
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+103.79%
reiterated a buy rating 3 months ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +103.79% per trade.
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