Log in

NYSE:CUBICustomers Bancorp Stock Price, Forecast & News

$13.45
+0.19 (+1.43 %)
(As of 08/11/2020 04:00 PM ET)
Add
Compare
Today's Range
$13.33
Now: $13.45
$13.97
50-Day Range
$10.33
MA: $11.40
$13.28
52-Week Range
$8.36
Now: $13.45
$25.72
Volume266,706 shs
Average Volume251,804 shs
Market Capitalization$423.55 million
P/E Ratio5.80
Dividend YieldN/A
Beta1.46
Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to small and middle market businesses, not-for-profits, and consumers. The company operates in two segments, Customers Bank Business Banking and BankMobile. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, and individual retirement accounts, as well as certificates of deposit. It also provides commercial and industrial lending services; small business administration loans; multi-family and commercial real estate loans; commercial loans to mortgage companies; equipment financing services; and home equity and residential mortgage loans. In addition, the company offers private banking services; mobile phone banking, Internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, and positive pay services; and cash management services, such as account reconciliation, collections, and sweep accounts. It operates 13 full-service branches, as well as limited purpose offices in Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Philadelphia, Pennsylvania; Washington D.C.; and Chicago, Illinois. Customers Bancorp, Inc. was founded in 1994 and is headquartered in Wyomissing, Pennsylvania.
Read More
Customers Bancorp logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Previous SymbolOTCMKTS:CUUU
CUSIPN/A
Phone610-933-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$544.68 million
Cash Flow$3.57 per share
Book Value$26.67 per share

Profitability

Net Income$79.33 million

Miscellaneous

Employees827
Market Cap$423.55 million
Next Earnings Date10/28/2020 (Estimated)
OptionableOptionable
$13.45
+0.19 (+1.43 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CUBI News and Ratings via Email

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

speech bubbles
speech bubbles











Customers Bancorp (NYSE:CUBI) Frequently Asked Questions

How has Customers Bancorp's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, CUBI stock has decreased by 10.9% and is now trading at $13.45.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Customers Bancorp?

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

When is Customers Bancorp's next earnings date?

Customers Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Customers Bancorp
.

How were Customers Bancorp's earnings last quarter?

Customers Bancorp Inc (NYSE:CUBI) announced its quarterly earnings results on Thursday, July, 30th. The bank reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.17. The bank had revenue of $114.22 million for the quarter, compared to analyst estimates of $108.09 million. Customers Bancorp had a net margin of 14.19% and a return on equity of 10.77%.
View Customers Bancorp's earnings history
.

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

Customers Bancorp updated its FY 2020 Pre-Market earnings guidance on Thursday, July, 30th. 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 $3.08.

What price target have analysts set for CUBI?

2 brokerages have issued 1 year target prices for Customers Bancorp's shares. Their forecasts range from $14.00 to $27.00. On average, they anticipate Customers Bancorp's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 52.4% from the stock's current price.
View analysts' price targets for Customers Bancorp
.

Has Customers Bancorp been receiving favorable news coverage?

News articles about CUBI stock have trended somewhat positive this week, according to InfoTrie. The research group identifies positive and negative 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 negative five to five, with scores nearest to five being the most favorable. Customers Bancorp earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories 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 the latest news about Customers Bancorp
.

Who are some of Customers Bancorp's key competitors?

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 Biogen (BIIB), Crocs (CROX), Visa (V), AbbVie (ABBV), Continental Resources (CLR), Chipotle Mexican Grill (CMG), CARBO Ceramics (CRR), Enbridge (ENB), Huntington Bancshares (HBAN) and IBM (IBM).

Who are Customers Bancorp's key executives?

Customers Bancorp's management team includes the following people:
  • Mr. Jay S. Sidhu, Chairman & CEO (Age 67)
  • Mr. Richard A. Ehst, Pres & COO (Age 72)
  • Ms. Carla A. Leibold, Exec. VP, CFO & Treasurer (Age 52)
  • Mr. Glenn A. Hedde, Exec. VP & Pres of Customers Bank Warehouse Lending (Age 58)
  • Mr. Steven J. Issa, EVP, Chief Lending Officer & New England Pres of Commercial/Specialty Lending (Age 64)

What is Customers Bancorp's stock symbol?

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

Who are Customers Bancorp's major shareholders?

Customers Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include BHZ Capital Management LP (2.29%), LSV Asset Management (1.59%), Foundry Partners LLC (1.04%), Principal Financial Group Inc. (0.75%), Mackay Shields LLC (0.47%) and Denali Advisors LLC (0.23%). 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
.

Which institutional investors are selling Customers Bancorp stock?

CUBI stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Eqis Capital Management Inc., Lincoln Capital Corp, Mackay Shields LLC, LSV Asset Management, Rothschild Investment Corp IL, and Texas Permanent School Fund. Company insiders that have sold Customers Bancorp company stock in the last year include James T Collins, Steven Issa, and Thomas John Jastrem.
View insider buying and selling activity for Customers Bancorp
.

Which institutional investors are buying Customers Bancorp stock?

CUBI stock was purchased by a variety of institutional investors in the last quarter, including BHZ Capital Management LP, Russell Investments Group Ltd., WINTON GROUP Ltd, Foundry Partners LLC, Denali Advisors LLC, Principal Financial Group Inc., Envestnet Asset Management Inc., and Rafferty Asset Management LLC.
View insider buying and selling activity for Customers Bancorp
.

How do I buy shares of 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.

What is Customers Bancorp's stock price today?

One share of CUBI stock can currently be purchased for approximately $13.45.

How big of a company is Customers Bancorp?

Customers Bancorp has a market capitalization of $423.55 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.

What is Customers Bancorp's official website?

The official website for Customers Bancorp is www.customersbank.com.

How can I contact Customers Bancorp?

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]

This page was last updated on 8/12/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.