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

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$18.14 -0.07 (-0.38 %)
(As of 03/22/2019 08:00 AM ET)
Previous Close$18.21
Today's Range$17.92 - $18.59
52-Week Range$16.72 - $32.34
Volume220,900 shs
Average Volume159,637 shs
Market Capitalization$563.79 million
P/E Ratio7.49
Dividend YieldN/A
Beta0.86
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 accepts various deposit products, such as checking, savings, money market deposit, time deposit, individual retirement, and non-retail time deposit accounts, as well as certificates of deposit. Its loan products include commercial and industrial lending; small and middle market business banking, such as small business administration loans; multi-family and commercial real estate lending; and commercial loans to mortgage originators, as well as consumer lending products comprising mortgage and home equity lending. The company also 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; and Philadelphia, Pennsylvania. Customers Bancorp, Inc. was founded in 1994 and is headquartered in Wyomissing, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:CUBI
Previous SymbolOTCMKTS:CUUU
CUSIPN/A
CIK1488813
Webwww.customersbank.com
Phone610-933-2000

Debt

Debt-to-Equity Ratio1.84
Current Ratio1.14
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio7.49
Forward P/E Ratio8.44
P/E Growth0.85

Sales & Book Value

Annual Sales$476.95 million
Price / Sales1.18
Cash Flow$3.4162 per share
Price / Cash Flow5.31
Book Value$23.33 per share
Price / Book0.78

Profitability

EPS (Most Recent Fiscal Year)$2.43
Net Income$71.69 million
Net Margins15.03%
Return on Equity12.82%
Return on Assets0.88%

Miscellaneous

EmployeesN/A
Outstanding Shares31,080,000
Market Cap$563.79 million
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

Customers Bancorp (NYSE:CUBI) Frequently Asked Questions

What is Customers Bancorp's stock symbol?

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

How were Customers Bancorp's earnings last quarter?

Customers Bancorp Inc (NYSE:CUBI) released its quarterly earnings data on Thursday, January, 24th. The bank reported $0.53 EPS for the quarter, beating the consensus estimate of $0.51 by $0.02. The bank earned $61.50 million during the quarter, compared to the consensus estimate of $64.38 million. Customers Bancorp had a return on equity of 12.82% and a net margin of 15.03%. The firm's revenue for the quarter was down 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.55 EPS. View Customers Bancorp's Earnings History.

When is Customers Bancorp's next earnings date?

Customers Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Customers Bancorp.

What price target have analysts set for CUBI?

4 brokers have issued 12 month target prices for Customers Bancorp's stock. Their forecasts range from $22.75 to $38.00. On average, they anticipate Customers Bancorp's share price to reach $27.6875 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price. View Analyst Price Targets for Customers Bancorp.

What is the consensus analysts' recommendation 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.

What are Wall Street analysts saying about Customers Bancorp stock?

Here are some recent quotes from research analysts about Customers Bancorp stock:
  • 1. According to Zacks Investment Research, "Customers Bancorp is a bank holding company of Customers Bank, a state-chartered bank in Pennsylvania. It provides banking services to small and medium-sized businesses, professionals, individuals and families. The company offers depository products, commercial lending products, specialty lending products and consumer lending. In addition, the company offers other financial services, including Internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier services, merchant processing, cash vault, controlled disbursements, and positive pay services, as well as cash management services comprising account reconciliation, collections, and sweep accounts. The bank has its branches in Pennsylvania, New York and New Jersey. Customers Bancorp is headquartered in Wyomissing, Pennsylvania. " (1/8/2019)
  • 2. Maxim Group analysts commented, "In its 10-Q for 2Q18, CUBI disclosed that there has been a possible delay in the closing of the spinoff of BankMobile, which had a target date of on or about September 30." (8/14/2018)

Has Customers Bancorp been receiving favorable news coverage?

Media headlines about CUBI stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Customers Bancorp earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.

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 CARBO Ceramics (CRR), Visa (V), Chipotle Mexican Grill (CMG), Micron Technology (MU), Charles Schwab (SCHW), Citigroup (C), USG (USG), Aegean Marine Petroleum Network (ANW), Bank Of The Ozarks (OZRK) and Rose Rock Midstream (RRMS).

Who are Customers Bancorp's key executives?

Customers Bancorp's management team includes the folowing people:
  • Mr. Jay S. Sidhu, Chairman & CEO (Age 67)
  • Mr. Richard A. Ehst, Pres & COO (Age 72)
  • 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)
  • Ms. Carla A. Leibold, Exec. VP, CFO & Treasurer (Age 52)

Who are Customers Bancorp's major shareholders?

Customers Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.14%), Dimensional Fund Advisors LP (8.40%), Context BH Capital Management LP (2.19%), Prudential Financial Inc. (2.09%), Bank of New York Mellon Corp (1.22%) and Northern Trust Corp (1.19%). Company insiders that own Customers Bancorp stock include Glenn Hedde, Jay S Sidhu, Richard A Ehst, Rick Burkey, Robert E Wahlman, Steven Issa and T Lawrence Way. View Institutional Ownership Trends for Customers Bancorp.

Which major investors are selling Customers Bancorp stock?

CUBI stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Bank of Montreal Can, Stifel Financial Corp, Mackay Shields LLC, Victory Capital Management Inc., American Century Companies Inc., Clean Yield Group and Northern Trust Corp. Company insiders that have sold Customers Bancorp company stock in the last year include Glenn Hedde, Jay S Sidhu, Richard A Ehst, Steven Issa and T Lawrence Way. View Insider Buying and Selling for Customers Bancorp.

Which major investors are buying Customers Bancorp stock?

CUBI stock was acquired by a variety of institutional investors in the last quarter, including Matthew 25 Management Corp, Millennium Management LLC, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Prudential Financial Inc., Squarepoint Ops LLC, Citigroup Inc. and Context BH Capital Management LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Customers Bancorp's stock price today?

One share of CUBI stock can currently be purchased for approximately $18.14.

How big of a company is Customers Bancorp?

Customers Bancorp has a market capitalization of $563.79 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.

What is Customers Bancorp's official website?

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


MarketBeat Community Rating for Customers Bancorp (NYSE CUBI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  442
MarketBeat's community ratings are surveys of what our community members think about Customers Bancorp and other stocks. Vote "Outperform" if you believe CUBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CUBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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