Customers Bancorp, Inc (NYSE:CUBI) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Consensus "Moderate Buy": 12 analysts cover CUBI with a consensus rating of "Moderate Buy" (6 buys, 5 holds, 1 strong buy) and an average 1‑year price target of about $86.42.
• Quarterly beat and solid profitability: Customers Bancorp reported $2.06 EPS vs. $2.04 expected and revenue of $236.9M, with a net margin of 15.15% and ROE of 14.05%; analysts project roughly 6.45 EPS for the fiscal year.
• $100M share buyback and valuation metrics: the board authorized repurchasing up to $100M (≈4% of shares); the bank has a market cap of $2.41B and a P/E of 11.36, with a 12‑month range of $40.75–$82.56.

Shares of Customers Bancorp, Inc (NYSE:CUBI - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $86.4167.

Several research firms have recently weighed in on CUBI. Zacks Research cut shares of Customers Bancorp from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 10th. Morgan Stanley dropped their price objective on Customers Bancorp from $92.00 to $83.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 31st. Maxim Group set a $100.00 target price on Customers Bancorp in a research note on Monday, January 26th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $95.00 price target on shares of Customers Bancorp in a report on Tuesday, January 6th. Finally, Wall Street Zen downgraded Customers Bancorp from a "buy" rating to a "hold" rating in a research report on Sunday, January 25th.

Customers Bancorp Price Performance

CUBI stock opened at $70.44 on Monday. The firm has a 50 day moving average of $71.06 and a 200-day moving average of $70.45. The firm has a market capitalization of $2.41 billion, a P/E ratio of 11.36 and a beta of 1.57. Customers Bancorp has a 12 month low of $40.75 and a 12 month high of $82.56. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.76.

Customers Bancorp (NYSE:CUBI - Get Free Report) last posted its earnings results on Thursday, January 22nd. The bank reported $2.06 earnings per share for the quarter, topping analysts' consensus estimates of $2.04 by $0.02. Customers Bancorp had a net margin of 15.15% and a return on equity of 14.05%. The business had revenue of $236.90 million for the quarter, compared to analyst estimates of $200.38 million. During the same quarter in the prior year, the firm posted $1.36 EPS. As a group, sell-side analysts predict that Customers Bancorp will post 6.45 earnings per share for the current fiscal year.

Customers Bancorp declared that its Board of Directors has approved a share buyback program on Wednesday, February 11th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the bank to buy up to 4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Institutional Trading of Customers Bancorp

Hedge funds have recently made changes to their positions in the stock. Arax Advisory Partners increased its stake in Customers Bancorp by 218.9% in the fourth quarter. Arax Advisory Partners now owns 354 shares of the bank's stock valued at $26,000 after acquiring an additional 243 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Customers Bancorp during the third quarter worth about $29,000. Jones Financial Companies Lllp purchased a new position in shares of Customers Bancorp in the 1st quarter worth about $37,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Customers Bancorp by 216.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 591 shares of the bank's stock worth $43,000 after purchasing an additional 404 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Customers Bancorp by 63.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 672 shares of the bank's stock valued at $44,000 after purchasing an additional 260 shares during the last quarter. 89.29% of the stock is owned by institutional investors.

About Customers Bancorp

Customers Bancorp, Inc NYSE: CUBI is a bank holding company headquartered in Phoenixville, Pennsylvania, and the parent of Customers Bank, a federally chartered institution. The company offers a full suite of commercial and consumer banking services, combining traditional deposit and lending products with modern digital banking platforms. As a publicly traded entity, Customers Bancorp focuses on delivering tailored financial solutions to mid‐market companies, small businesses, professionals and individuals across the United States.

Through its commercial banking division, the company provides term loans, lines of credit, real estate financing, asset‐based lending and treasury management services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.