NYSE:CUBICustomers Bancorp Stock Price, Forecast & News

Customers Bancorp's stock was trading at $15.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CUBI stock has decreased by 27.4% and is now trading at $10.96. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Customers Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Customers Bancorp.

Customers Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Customers Bancorp.

Customers Bancorp Inc (NYSE:CUBI) announced its quarterly earnings data on Monday, May, 4th. The bank reported $0.26 EPS for the quarter, missing the consensus estimate of $0.43 by $0.17. The bank earned $103.25 million during the quarter, compared to analysts' expectations of $102.98 million. Customers Bancorp had a net margin of 13.05% and a return on equity of 10.38%. View Customers Bancorp's earnings history.

3 brokerages have issued 12 month target prices for Customers Bancorp's shares. Their forecasts range from $14.00 to $38.00. On average, they anticipate Customers Bancorp's share price to reach $26.00 in the next year. This suggests a possible upside of 137.2% from the stock's current price. View analysts' price targets for Customers Bancorp.

News headlines about CUBI stock have trended negative recently, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Customers Bancorp earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Customers Bancorp.

Some companies that are related to Customers Bancorp include United Community Banks (UCBI), Texas Capital Bancshares (TCBI), Banner (BANR), TowneBank (TOWN), Renasant (RNST), First Bancorp (FBP), Lakeland Financial (LKFN), Heartland Financial USA (HTLF), Pacific Premier Bancorp (PPBI), Eagle Bancorp (EGBN), Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), Oritani Financial (ORIT), 1st Source (SRCE) and S & T Bancorp (STBA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Customers Bancorp investors own include Crocs (CROX), Visa (V), Biogen (BIIB), Continental Resources (CLR), Chipotle Mexican Grill (CMG), CARBO Ceramics (CRR), Occidental Petroleum (OXY), Primo Water (PRMW), Charles Schwab (SCHW) and Accenture (ACN).

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

Customers Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%). 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $10.96.

Customers Bancorp has a market capitalization of $345.13 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]