NYSE:CUBI - Customers Bancorp Stock Price, Forecast & News

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

Customers Bancorp Inc (NYSE:CUBI) announced its quarterly earnings results on Wednesday, October, 23rd. The bank reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.02. The bank earned $99.10 million during the quarter, compared to the consensus estimate of $93.36 million. Customers Bancorp had a return on equity of 10.53% and a net margin of 14.56%. During the same period in the previous year, the business earned $0.62 EPS. View Customers Bancorp's Earnings History.

Customers Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Customers Bancorp.

Customers Bancorp updated its FY 2020 After-Hours earnings guidance on Wednesday, January, 22nd. The company provided earnings per share (EPS) guidance of 3.00-3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.94.

3 brokers have issued 1-year target prices for Customers Bancorp's shares. Their forecasts range from $30.00 to $38.00. On average, they anticipate Customers Bancorp's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 55.9% from the stock's current price. View Analyst Price Targets for Customers Bancorp.

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

Media headlines about CUBI stock have been trending very positive this week, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Customers Bancorp earned a news sentiment score of 3.3 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next few days. View News Stories for Customers Bancorp.

Customers Bancorp saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,650,000 shares, an increase of 10.7% from the December 31st total of 1,490,000 shares. Based on an average trading volume of 157,000 shares, the short-interest ratio is presently 10.5 days. Approximately 5.7% of the company's shares are short sold. View Customers Bancorp's Current Options Chain.

Some companies that are related to Customers Bancorp include Texas Capital Bancshares (TCBI), International Bancshares (IBOC), Independent Bank (INDB), First Interstate Bancsystem (FIBK), United Community Banks (UCBI), Independent Bank Group (IBTX), Hilltop (HTH), First Bancorp (FBP), ServisFirst Bancshares (SFBS), TowneBank (TOWN), Renasant (RNST), Pacific Premier Bancorp (PPBI), Great Western Bancorp (GWB), Banner (BANR) and Heartland Financial USA (HTLF).

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), Express (EXPR), Occidental Petroleum (OXY), Charles Schwab (SCHW) and Huntington Bancshares (HBAN).

Customers Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Virginia Retirement Systems ET AL (0.13%), California Public Employees Retirement System (0.12%), Strs Ohio (0.10%), Eqis Capital Management Inc. (0.09%), New York State Teachers Retirement System (0.09%) and Arizona State Retirement System (0.06%). Company insiders that own Customers Bancorp stock include Glenn Hedde, James T Collins, Jay S Sidhu, Richard A Ehst, Steven Issa and T Lawrence Way. View Institutional Ownership Trends for Customers Bancorp.

CUBI stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, Eqis Capital Management Inc., Strs Ohio and Louisiana State Employees Retirement System. Company insiders that have sold Customers Bancorp company stock in the last year include Glenn Hedde, James T Collins and Steven Issa. View Insider Buying and Selling for Customers Bancorp.

CUBI stock was purchased by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, California Public Employees Retirement System, Rothschild Investment Corp IL, New York State Teachers Retirement System, SG Americas Securities LLC and Livforsakringsbolaget Skandia Omsesidigt. View Insider Buying and Selling 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 $21.81.

Customers Bancorp has a market capitalization of $683.09 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.View Additional Information About Customers Bancorp.

The official website for Customers Bancorp is http://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]