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 earnings results on Wednesday, January, 22nd. The bank reported $0.76 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.77 by $0.01. The bank earned $103.41 million during the quarter, compared to analyst estimates of $93.76 million. Customers Bancorp had a net margin of 14.56% and a return on equity of 10.53%. 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 issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, January, 22nd. The company provided earnings per share guidance of 3.00-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.94.

3 analysts have issued twelve-month target prices for Customers Bancorp's shares. 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 twelve months. This suggests a possible upside of 53.5% 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 stories about CUBI stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Customers Bancorp earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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. Currently, 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), South State (SSB), Independent Bank (INDB), First Interstate Bancsystem (FIBK), Independent Bank Group (IBTX), ServisFirst Bancshares (SFBS), Hilltop (HTH), TowneBank (TOWN), First Bancorp (FBP), Banner (BANR), Heartland Financial USA (HTLF), Renasant (RNST), Pacific Premier Bancorp (PPBI), Great Western Bancorp (GWB) and Eagle Bancorp (EGBN).

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 number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.18%), Matthew 25 Management Corp (2.02%), Prudential Financial Inc. (1.78%), LSV Asset Management (1.57%), Bank of New York Mellon Corp (1.10%) and AJO LP (1.02%). 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 Prudential Financial Inc., Foundry Partners LLC, Pinebridge Investments L.P., Mackay Shields LLC, LSV Asset Management, Bank of New York Mellon Corp, Arizona State Retirement System and Chicago Equity Partners LLC. 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 Renaissance Technologies LLC, AJO LP, Bank of Montreal Can, Matthew 25 Management Corp, Cubist Systematic Strategies LLC, Public Sector Pension Investment Board, State Street Corp and Goldman Sachs Group Inc.. 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 $22.15.

Customers Bancorp has a market capitalization of $693.74 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]