DA Davidson Predicts Higher Earnings for Customers Bancorp

Customers Bancorp, Inc (NYSE:CUBI - Free Report) - Research analysts at DA Davidson boosted their Q2 2025 EPS estimates for Customers Bancorp in a research note issued to investors on Friday, June 27th. DA Davidson analyst P. Winter now expects that the bank will post earnings of $1.49 per share for the quarter, up from their prior estimate of $1.47. The consensus estimate for Customers Bancorp's current full-year earnings is $6.45 per share. DA Davidson also issued estimates for Customers Bancorp's FY2025 earnings at $6.34 EPS and FY2026 earnings at $7.27 EPS.

Customers Bancorp (NYSE:CUBI - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The bank reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.26. The firm had revenue of $194.28 million for the quarter, compared to the consensus estimate of $165.24 million. Customers Bancorp had a net margin of 10.51% and a return on equity of 11.64%. During the same quarter in the previous year, the company earned $1.68 earnings per share.

A number of other brokerages have also recently issued reports on CUBI. B. Riley lifted 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. Keefe, Bruyette & Woods reduced their price target on Customers Bancorp from $67.00 to $65.00 and set a "market perform" rating on the stock in a research report on Monday, April 28th. Finally, Wall Street Zen cut Customers Bancorp from a "hold" rating to a "sell" rating in a research note on Saturday, June 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $64.00.

Customers Bancorp Stock Up 0.2%

Shares of NYSE:CUBI opened at $59.04 on Monday. The company has a 50 day moving average of $51.85 and a 200-day moving average of $51.14. Customers Bancorp has a one year low of $40.75 and a one year high of $68.49. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 14.87 and a beta of 1.53. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.96 and a quick ratio of 0.96.

Institutional Investors Weigh In On Customers Bancorp

A number of hedge funds have recently modified their holdings of the business. Picton Mahoney Asset Management increased its stake in Customers Bancorp by 47.7% during the 4th quarter. Picton Mahoney Asset Management now owns 585 shares of the bank's stock worth $28,000 after purchasing an additional 189 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Customers Bancorp in the first quarter valued at approximately $37,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Customers Bancorp during the fourth quarter worth $46,000. Smartleaf Asset Management LLC raised its holdings in shares of Customers Bancorp by 323.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,643 shares of the bank's stock worth $80,000 after acquiring an additional 1,255 shares during the period. Finally, GAMMA Investing LLC lifted its position in Customers Bancorp by 27.2% in the 1st quarter. GAMMA Investing LLC now owns 1,887 shares of the bank's stock valued at $95,000 after acquiring an additional 403 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company's stock.

Customers Bancorp Company Profile

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.

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