S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
The Market Crash Shield is A.I. (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Unusual Passive Income Investment (Found on a Golf Course) (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
UN body mulls deep sea mining amid demand for minerals
This Tech Stock Could be the Next Amazon (Ad)pixel
Small areas reopen near Fukushima nuclear plant, few return
UN food chief: Billions needed to avert unrest, starvation
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
The Market Crash Shield is A.I. (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Unusual Passive Income Investment (Found on a Golf Course) (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
UN body mulls deep sea mining amid demand for minerals
This Tech Stock Could be the Next Amazon (Ad)pixel
Small areas reopen near Fukushima nuclear plant, few return
UN food chief: Billions needed to avert unrest, starvation
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
The Market Crash Shield is A.I. (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Unusual Passive Income Investment (Found on a Golf Course) (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
UN body mulls deep sea mining amid demand for minerals
This Tech Stock Could be the Next Amazon (Ad)pixel
Small areas reopen near Fukushima nuclear plant, few return
UN food chief: Billions needed to avert unrest, starvation
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
The Market Crash Shield is A.I. (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Unusual Passive Income Investment (Found on a Golf Course) (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
UN body mulls deep sea mining amid demand for minerals
This Tech Stock Could be the Next Amazon (Ad)pixel
Small areas reopen near Fukushima nuclear plant, few return
UN food chief: Billions needed to avert unrest, starvation
NYSE:CUBI

Customers Bancorp - CUBI Stock Forecast, Price & News

$18.52
+0.24 (+1.31%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$18.19
▼
$18.78
50-Day Range
$17.37
▼
$32.60
52-Week Range
$6.87
▼
$57.07
Volume
459,625 shs
Average Volume
1.47 million shs
Market Capitalization
$585.23 million
P/E Ratio
2.86
Dividend Yield
N/A
Price Target
$56.57

Customers Bancorp MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
205.5% Upside
$56.57 Price Target
Short Interest
Healthy
5.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of Customers Bancorp in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$553,500 Bought Last Quarter
Proj. Earnings Growth
18.11%
From $5.41 to $6.39 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.99 out of 5 stars

Finance Sector

136th out of 890 stocks

State Commercial Banks Industry

38th out of 188 stocks

See Top Rated MarketRank™ Stocks Here

CUBI stock logo

About Customers Bancorp (NYSE:CUBI) Stock

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank. Customers Bancorp, Inc. was founded in 1997 as New Century Bank which operated 5 branches in Southern Pennsylvania. The company’s lending portfolio, which was primarily residential mortgage loans, led to the bank's eventual rebranding and hiring of Jay Sidhu as chairman and chief executive officer. The bank changed to a Bank Holding Company after it made a few strategic acquisitions and it now operates 12 full-service branches across 10 states and provides financial services to individuals, and small, and medium-sized businesses. The bank was a “troubled asset” worth $250 million when Mr. Sidhu took over and now it is worth upwards of $20 billion.

Customers Bancorp, Inc is a super-community bank operating in multiple states across the US. The company’s assets topped $20.3 billion in mid-2022 which put it on par with many of the US regional banks. The company sets itself apart by offering dedicated personal service to all its clients and by operating as a digital-first business. This means a single point of contact to help with any needs that may arise and full-service digital banking for all client needs.

Customers Bancorp offers traditional deposit products, including checking, savings, MMDA, and other deposit accounts as well as a full range of loans. Loan products include but are not limited to commercial warehouse loans, loans for multi-family construction, commercial real estate, small business loans, equipment financing, residential mortgages, and consumer lines of credit.

The company also offers traditional and business banking activities including mobile, internet, wire transfers, electronic bill payment, safe deposit boxes, remote capture, courier, payment processing services, and cash management.

Among the many services offered by Customers Bancorp are digital assets. The company supports a wide range of cryptocurrency-related services for individuals and businesses and even uses its own token. The token is used to power instant B2B payments across the TassatPay blockchain network. The company’s native token is CBIT (Customers Bancorp Instant Token).

Customers Bancorp is headquartered in West Reading, Pennsylvania, and operates 12 full-service branches, as well as production and administrative offices in several counties in southeastern Pennsylvania, New York, Massachusetts, Rhode Island, New Hampshire, Illinois, Florida, and North Carolina.

Receive CUBI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Customers Bancorp and its competitors with MarketBeat's FREE daily newsletter.

CUBI Stock News Headlines

April 1, 2023 | americanbankingnews.com
Customers Bancorp (NYSE:CUBI) Stock Price Down 4.8%
April 1, 2023 | americanbankingnews.com
Customers Bancorp (NYSE:CUBI) Trading Down 4.8%
April 1, 2023 | Vantage Point (Ad)
Did You See These Trend Reversals?
Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. pixel
March 31, 2023 | americanbankingnews.com
Q1 2023 Earnings Estimate for Customers Bancorp, Inc. Issued By Wedbush (NYSE:CUBI)
March 30, 2023 | realmoney.thestreet.com
Phew! Glad to See Silicon Valley Drama Is Far Away from My Portfolios
March 30, 2023 | americanbankingnews.com
Customers Bancorp, Inc. (NYSE:CUBI) Forecasted to Post Q2 2023 Earnings of $1.45 Per Share
March 24, 2023 | msn.com
Customers Bancorp (NYSE:CUBI) Reportedly Mulling a Full or Partial SVB Deal
March 23, 2023 | ca.finance.yahoo.com
Customers Bancorp weighs making an offer for Silicon Valley Bank - Bloomberg News
April 1, 2023 | Vantage Point (Ad)
Did You See These Trend Reversals?
Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. pixel
March 23, 2023 | finance.yahoo.com
UPDATE 1-Customers Bancorp weighs making an offer for Silicon Valley Bank - Bloomberg News
March 23, 2023 | americanbankingnews.com
Customers Bancorp (NYSE:CUBI) Shares Gap Up to $17.91
March 16, 2023 | finance.yahoo.com
Trade Alert: The Lead Independent Director Of Customers Bancorp, Inc. (NYSE:CUBI), Daniel Rothermel, Has Just Spent US$54k Buying 5.1% More Shares
March 14, 2023 | finance.yahoo.com
Down More Than 30%: Insiders Buy the Dip in These 2 Beaten-Down Regional Bank Stocks
March 14, 2023 | usatoday.com
The FDIC has taken over Silicon Valley Bank: Here's what that means
March 13, 2023 | abcnews.go.com
Silicon Valley Bank customer gives insight on impact of collapse
March 13, 2023 | msn.com
First Republic shares plunge on SVB contagion fears
March 13, 2023 | bloomberg.com
Crypto-Friendly Customers Bancorp Falls During Sector Selloff
March 13, 2023 | bizjournals.com
Customers Bancorp's falling stock price 'overblown' in wake of Silicon Valley Bank failure
March 13, 2023 | msn.com
Two Banks Down: Swimming in High Tide Might Get You Drowned
March 13, 2023 | msn.com
US regulators say SVB customers will be made whole as second bank fails
February 16, 2023 | finance.yahoo.com
Customers Bank Introduces Loan Syndications Banking Solutions
February 8, 2023 | finance.yahoo.com
The Market Has Lost Faith in Customers Bancorp, but Management Certainly Hasn't
January 27, 2023 | finance.yahoo.com
Why Customers Bancorp Stock Dropped 9.8% This Week
January 27, 2023 | msn.com
Customers Bancorp Non-Cum Perp Pfd Shs Series E declares $0.6193 dividend
January 27, 2023 | msn.com
Customers Bancorp Non-Cum Perp Pfd Shs Series F declares $0.5956 dividend
January 27, 2023 | finance.yahoo.com
Customers Bancorp, Inc. (NYSE:CUBI) Q4 2022 Earnings Call Transcript
January 27, 2023 | finance.yahoo.com
Customers Bancorp Full Year 2022 Earnings: Misses Expectations
See More Headlines
Receive CUBI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Customers Bancorp and its competitors with MarketBeat's FREE daily newsletter.

CUBI Company Calendar

Last Earnings
1/25/2023
Today
4/01/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:CUBI
Previous Symbol
OTCMKTS:CUUU
CUSIP
N/A
CIK
1488813
Web
www.customersbank.com
Phone
(610) 933-2000
Fax
N/A
Employees
665
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$56.57
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$44.00
Forecasted Upside/Downside
+205.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.48
Trailing P/E Ratio
2.86
Forward P/E Ratio
3.42
P/E Growth
N/A
Net Income
$228.03 million
Net Margins
24.85%
Pretax Margin
31.74%
Return on Equity
21.40%
Return on Assets
1.32%

Debt

Debt-to-Equity Ratio
0.78
Current Ratio
0.88
Quick Ratio
0.86

Sales & Book Value

Annual Sales
$917.65 million
Price / Sales
0.64
Cash Flow
$7.18 per share
Price / Cash Flow
2.58
Book Value
$38.91 per share
Price / Book
0.48

Miscellaneous

Outstanding Shares
31,600,000
Free Float
29,469,000
Market Cap
$585.23 million
Optionable
Optionable
Beta
1.56

Key Executives

  • Jay S. SidhuJay S. Sidhu
    Chairman & Chief Executive Officer
  • Samvir S. Sidhu
    President
  • Endré Jarraux Walls
    Chief Operations & Technology Officer, EVP
  • Carla A. Leibold
    Chief Financial Officer & Executive Vice President
  • James Collins
    Chief Administrative Officer & Senior Executive VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CUBI Stock - Frequently Asked Questions

Should I buy or sell Customers Bancorp stock right now?

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. The consensus among Wall Street analysts is that investors should "buy" CUBI shares.
View CUBI analyst ratings or view top-rated stocks.

What is Customers Bancorp's stock price forecast for 2023?

4 brokerages have issued 12-month target prices for Customers Bancorp's shares. Their CUBI share price forecasts range from $44.00 to $85.00. On average, they anticipate the company's share price to reach $56.57 in the next year. This suggests a possible upside of 205.5% from the stock's current price.
View analysts price targets for CUBI or view top-rated stocks among Wall Street analysts.

How have CUBI shares performed in 2023?

Customers Bancorp's stock was trading at $28.34 at the beginning of 2023. Since then, CUBI shares have decreased by 34.7% and is now trading at $18.52.
View the best growth stocks for 2023 here.

When is Customers Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our CUBI earnings forecast.

How were Customers Bancorp's earnings last quarter?

Customers Bancorp, Inc. (NYSE:CUBI) released its earnings results on Wednesday, January, 25th. The bank reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.66 by $0.47. The bank had revenue of $142.48 million for the quarter, compared to analyst estimates of $169.85 million. Customers Bancorp had a net margin of 24.85% and a trailing twelve-month return on equity of 21.40%.

What ETFs hold Customers Bancorp's stock?

ETFs with the largest weight of Customers Bancorp (NYSE:CUBI) stock in their portfolio include Amplify Transformational Data Sharing ETF (BLOK), Siren Nasdaq NexGen Economy ETF (BLCN), Schwab Crypto Thematic ETF (STCE), First Trust Small Cap Value AlphaDEX Fund (FYT), SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Small Cap Core AlphaDEX Fund (FYX) and Invesco S&P SmallCap Financials ETF (PSCF).

What guidance has Customers Bancorp issued on next quarter's earnings?

Customers Bancorp issued an update on its FY 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share guidance of $6.00-$6.25 for the period, compared to the consensus earnings per share estimate of $6.07. The company issued revenue guidance of -.

What is Jay S. Sidhu's approval rating as Customers Bancorp's CEO?

26 employees have rated Customers Bancorp Chief Executive Officer Jay S. Sidhu on Glassdoor.com. Jay S. Sidhu has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Customers Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Customers Bancorp investors own include Crocs (CROX), Biogen (BIIB), Genocea Biosciences (GNCA), Pfizer (PFE), Primo Water (PRMW), Visa (V), AbbVie (ABBV), Enbridge (ENB), Infinera (INFN) and Pentair (PNR).

What is Customers Bancorp's stock symbol?

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

How do I buy shares of Customers Bancorp?

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

What is Customers Bancorp's stock price today?

One share of CUBI stock can currently be purchased for approximately $18.52.

How much money does Customers Bancorp make?

Customers Bancorp (NYSE:CUBI) has a market capitalization of $585.23 million and generates $917.65 million in revenue each year. The bank earns $228.03 million in net income (profit) each year or $6.48 on an earnings per share basis.

How many employees does Customers Bancorp have?

The company employs 665 workers across the globe.

How can I contact Customers Bancorp?

Customers Bancorp's mailing address is 701 Reading Avenue, West Reading PA, 19611. The official website for the company is www.customersbank.com. The bank can be reached via phone at (610) 933-2000 or via email at rramsey@customersbank.com.

This page (NYSE:CUBI) was last updated on 4/1/2023 by MarketBeat.com Staff