DA Davidson Forecasts Strong Price Appreciation for Customers Bancorp (NYSE:CUBI) Stock

Key Points

• DA Davidson has increased its price target for Customers Bancorp (NYSE:CUBI) from $69.00 to $78.00, suggesting a potential upside of 20.06% from the current stock price.
• The bank reported earnings per share of $1.80 for the last quarter, exceeding analysts' expectations of $1.50, with a revenue increase of 3.8% year-over-year.
• Institutional investors hold a significant stake in Customers Bancorp, with approximately 89.29% of the company's stock owned by these entities.

Customers Bancorp (NYSE:CUBI - Free Report) had its price target raised by DA Davidson from $69.00 to $78.00 in a report issued on Monday,Benzinga reports. They currently have a buy rating on the bank's stock. DA Davidson also issued estimates for Customers Bancorp's Q3 2025 earnings at $1.96 EPS, FY2025 earnings at $7.28 EPS and FY2026 earnings at $7.47 EPS.

Several other equities analysts have also recently weighed in on the stock. Wall Street Zen raised shares of Customers Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. B. Riley increased their target price on shares of Customers Bancorp from $81.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Customers Bancorp from $70.00 to $71.00 and gave the stock a "market perform" rating in a report on Monday. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $67.00.

Customers Bancorp Stock Down 2.4%

Shares of CUBI stock traded down $1.55 during trading hours on Monday, hitting $62.20. 551,933 shares of the company were exchanged, compared to its average volume of 306,886. Customers Bancorp has a 52 week low of $40.75 and a 52 week high of $67.19. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.77. The business has a 50 day moving average of $57.86 and a two-hundred day moving average of $53.60. The company has a market capitalization of $1.96 billion, a PE ratio of 15.40 and a beta of 1.55.

Customers Bancorp (NYSE:CUBI - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The bank reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.30. The company had revenue of $206.31 million during the quarter, compared to analysts' expectations of $170.81 million. Customers Bancorp had a return on equity of 11.98% and a net margin of 10.77%. Customers Bancorp's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.49 earnings per share. Analysts anticipate that Customers Bancorp will post 6.45 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Customers Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the company. Teacher Retirement System of Texas grew its position in shares of Customers Bancorp by 4.2% in the second quarter. Teacher Retirement System of Texas now owns 4,542 shares of the bank's stock valued at $267,000 after purchasing an additional 185 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of Customers Bancorp by 5.3% in the first quarter. EP Wealth Advisors LLC now owns 4,431 shares of the bank's stock valued at $222,000 after purchasing an additional 223 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Customers Bancorp by 4.6% in the second quarter. Concurrent Investment Advisors LLC now owns 5,562 shares of the bank's stock valued at $327,000 after purchasing an additional 243 shares during the last quarter. Summit Investment Advisors Inc. grew its position in shares of Customers Bancorp by 8.9% during the 4th quarter. Summit Investment Advisors Inc. now owns 3,098 shares of the bank's stock worth $151,000 after purchasing an additional 254 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Customers Bancorp by 3.8% during the 1st quarter. Nisa Investment Advisors LLC now owns 7,422 shares of the bank's stock worth $373,000 after purchasing an additional 270 shares in the last quarter. 89.29% of the stock is owned by institutional investors.

About Customers Bancorp

Customers Bancorp, Inc operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts.