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) released its quarterly earnings data on Wednesday, October, 23rd. The bank reported $0.73 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.02. The bank had revenue of $99.10 million for the quarter, compared to analysts' expectations of $93.36 million. Customers Bancorp had a net margin of 13.45% and a return on equity of 9.72%. During the same quarter last year, the company earned $0.62 EPS. View Customers Bancorp's Earnings History.

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

4 Wall Street analysts have issued 12 month price objectives for Customers Bancorp's stock. Their forecasts range from $30.00 to $38.00. On average, they anticipate Customers Bancorp's share price to reach $34.00 in the next year. This suggests a possible upside of 51.1% from the stock's current price. View Analyst Price Targets for Customers Bancorp.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Customers Bancorp in the last year. There are currently 1 hold rating and 3 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 negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing 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 -2.3 on InfoTrie's scale. They also gave media coverage 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 stock's share price in the near term. View News Stories for Customers Bancorp.

Customers Bancorp saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,650,000 shares, an increase of 10.7% from the December 15th total of 1,490,000 shares. Based on an average daily trading volume, of 156,500 shares, the days-to-cover ratio is presently 10.5 days. Approximately 5.7% of the company's stock are short sold. View Customers Bancorp's Current Options Chain.

Some companies that are related to Customers Bancorp include International Bancshares (IBOC), Independent Bank (INDB), Texas Capital Bancshares (TCBI), First Interstate Bancsystem (FIBK), United Community Banks (UCBI), Independent Bank Group (IBTX), First Bancorp (FBP), Hilltop (HTH), Renasant (RNST), TowneBank (TOWN), ServisFirst Bancshares (SFBS), Great Western Bancorp (GWB), Pacific Premier Bancorp (PPBI), 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 many different of institutional and retail investors. Top institutional shareholders include Rothschild Investment Corp IL (0.06%) and Louisiana State Employees Retirement System (0.03%). 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 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 bought by a variety of institutional investors in the last quarter, including Rothschild Investment Corp IL. 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 $22.50.

Customers Bancorp has a market capitalization of $704.70 million and generates $476.95 million in revenue each year. The bank earns $71.69 million in net income (profit) each year or $2.43 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]