NYSE:CUBICustomers Bancorp Stock Price, Forecast & News

Customers Bancorp's stock was trading at $15.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CUBI shares have decreased by 10.1% and is now trading at $13.57.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Customers Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Customers Bancorp.

Customers Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
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Customers Bancorp Inc (NYSE:CUBI) announced its quarterly earnings data on Thursday, July, 30th. The bank reported $0.61 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.17. The bank earned $114.22 million during the quarter, compared to analysts' expectations of $108.09 million. Customers Bancorp had a return on equity of 10.77% and a net margin of 14.19%.
View Customers Bancorp's earnings history.

Customers Bancorp issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, July, 30th. The company provided earnings per share (EPS) guidance of 3.00-3.00 for the period, compared to the Thomson Reuters consensus estimate of $3.08.

2 analysts have issued 1-year target prices for Customers Bancorp's shares. Their forecasts range from $14.00 to $27.00. On average, they anticipate Customers Bancorp's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 51.1% from the stock's current price.
View analysts' price targets for Customers Bancorp.

Press coverage about CUBI stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Customers Bancorp earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Customers Bancorp.

Customers Bancorp saw a increase in short interest in June. As of June 30th, there was short interest totaling 811,000 shares, an increase of 26.1% from the June 15th total of 643,000 shares. Based on an average trading volume of 271,300 shares, the short-interest ratio is presently 3.0 days. Currently, 2.8% of the company's shares are sold short.
View Customers Bancorp's Short Interest.

Some companies that are related to Customers Bancorp include United Community Banks (UCBI), Renasant (RNST), TowneBank (TOWN), Pacific Premier Bancorp (PPBI), Banner (BANR), Lakeland Financial (LKFN), Heartland Financial USA (HTLF), First Bancorp (FBP), Seacoast Banking Co. of Florida (SBCF), Eagle Bancorp (EGBN), First Busey (BUSE), Southside Bancshares (SBSI), Stock Yards Bancorp (SYBT), Veritex (VBTX) and FB Financial (FBK).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Customers Bancorp investors own include Biogen (BIIB), Crocs (CROX), Visa (V), AbbVie (ABBV), Continental Resources (CLR), Chipotle Mexican Grill (CMG), CARBO Ceramics (CRR), Enbridge (ENB), Huntington Bancshares (HBAN) and IBM (IBM).

Customers Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUBI."

Customers Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.18%), Prudential Financial Inc. (3.00%), BHZ Capital Management LP (2.29%), LSV Asset Management (1.59%), Nordea Investment Management AB (1.29%) and Bank of New York Mellon Corp (1.09%). Company insiders that own Customers Bancorp stock include Glenn Hedde, James T Collins, Richard A Ehst, Steven Issa and Thomas John Jastrem.
View institutional ownership trends for Customers Bancorp.

CUBI stock was sold by a variety of institutional investors in the last quarter, including Third Avenue Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Bank of America Corp DE, ClariVest Asset Management LLC, Nisa Investment Advisors LLC, Eqis Capital Management Inc., and Lincoln Capital Corp. Company insiders that have sold Customers Bancorp company stock in the last year include James T Collins, Richard A Ehst, Steven Issa, and Thomas John Jastrem.
View insider buying and selling activity for Customers Bancorp.

CUBI stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nordea Investment Management AB, BHZ Capital Management LP, Russell Investments Group Ltd., WINTON GROUP Ltd, Foundry Partners LLC, AJO LP, and Denali Advisors LLC.
View insider buying and selling activity for Customers Bancorp.

Shares of CUBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CUBI stock can currently be purchased for approximately $13.57.

Customers Bancorp has a market capitalization of $427.33 million and generates $544.68 million in revenue each year. The bank earns $79.33 million in net income (profit) each year or $2.25 on an earnings per share basis. Customers Bancorp employs 827 workers across the globe.

The official website for Customers Bancorp is www.customersbank.com.

Customers Bancorp's mailing address is 1015 PENN AVENUE SUITE 103, WYOMISSING PA, 19610. The bank can be reached via phone at 610-933-2000 or via email at [email protected]