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Customers Bancorp (CUBI)
NYSE:CUBI
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CUBI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.61 - $68.49
Previous Close$55.56
Volume610.27K
Average Volume (3M)425.88K
Market Cap
$1.76B
Enterprise Value$3.09B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.32B
Price to Earnings (P/E)9.0
Beta1.45
Next Earnings
Jan 22, 2025EPS Estimate
$1.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.16
Shares Outstanding31,697,638
10 Day Avg. Volume534,291
30 Day Avg. Volume425,884
Standard Deviation0.17
R-Squared0.26
Alpha0.00619
Financial Highlights & Ratios
Price to Book (P/B)1.09
Price to Sales (P/S)1.90
Price to Cash Flow (P/CF)60.60
P/FCF Ratio3.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.98
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$56.24Price Target Upside8.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Customers Bancorp News
PremiumCompany Announcements
Customers Bancorp Reports Solid Q3 2024 Results
PremiumCompany Announcements
Customers Bancorp Reports Strong Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCredit quality is excellent as criticized loans declined for the third consecutive quarter, and net charge-offs have been relatively stable.
Market PerformanceCUBI has outperformed the bank group, as shares are up 53% over the past 12 months vs the KRX up 33%.
ValuationCUBI's shares are considered undervalued, trading at a multiple below the average bank valuations, offering significant upside potential to the revised price target.
Bears Say
Financial PerformanceCUBI reported 3Q24 results with core EPS of $1.34, missing consensus of $1.43 due to a much narrower NIM than guidance and added professional expenses from complying with a regulatory agreement.
Future GuidanceInitial 2025 guidance suggests a weaker performance in the first half due to onboarding new teams, ongoing regulatory expenses, and a deposit remix strategy that will not contribute to balance sheet growth.
Regulatory IssuesThe Federal Reserve imposed an enforcement action on CUBI for 'significant deficiencies' related to the bank's risk management and compliance practices.
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Ownership Overview
8.48% Insiders
22.63% Mutual Funds
4.42% Other Institutional Investors
37.03% 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 $40.61 and its highest was $68.49 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 Jan 22, 2025 which is in 75 days.
How were Customers Bancorp’s earnings last quarter?
Customers Bancorp released its earnings results on Oct 31, 2024. The company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.432 by -$0.122.
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 $1.2.
How many shares outstanding does Customers Bancorp have?
Customers Bancorp has 31,697,638 shares outstanding.
What happened to Customers Bancorp’s price movement after its last earnings report?
Customers Bancorp reported an EPS of $1.31 in its last earnings report, missing expectations of $1.432. Following the earnings report the stock price went down -0.976%.
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 22M.
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Customers Bancorp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$56.24 (8.63% Upside)
$56.24 (8.63% Upside)
Blogger Sentiment
Bullish
CUBI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 90.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $154.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.55%
12-Months-Change
Fundamentals
Return on Equity
12.88%
Trailing 12-Months
Asset Growth
-1.83%
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
Q3 2024
0:00 / 0:00
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CUBI Stock 12 Month Forecast
Average Price Target
$56.24
▲(8.63% Upside)
Technical Analysis
Best Analysts Covering CUBI
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+86.61%
reiterated a buy rating 4 days ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +86.61% per trade.
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