NYSE:CUBI - Customers Bancorp Stock Price, Price Target & More

$29.89 +0.13 (+0.44 %)

(As of 04/24/2018 08:55 AM ET)

Previous Close$29.76

Today's Range$29.61 - $29.95

52-Week Range$24.75 - $33.85

Volume76,600 shs

Average Volume200,844 shs

Market Capitalization$935.64 million

P/E Ratio11.23

Dividend YieldN/A

Beta0.79

About Customers Bancorp (NYSE:CUBI)

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

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

SymbolNYSE:CUBI

CUSIPN/A

Webwww.customersbank.com

Phone610-933-2000

Debt

Debt-to-Equity Ratio2.45%

Current Ratio1.23%

Quick Ratio0.96%

Price-To-Earnings

Trailing P/E Ratio11.23

Forward P/E Ratio11.07

P/E Growth1.1

Sales & Book Value

Annual Sales$451.76 million

Price / Sales2.08

Cash Flow$3.1298 per share

Price / Cash9.55

Book Value$22.42 per share

Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$2.20

Net Income$78.83 million

Net Margins18.64%

Return on Equity14.11%

Return on Assets0.94%

Miscellaneous

Employees765

Outstanding Shares31,440,000

How to Become a New Pot Stock Millionaire

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 (NYSE:CUBI) posted its earnings results on Wednesday, January, 24th. The bank reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by $0.07. The bank had revenue of $68.30 million for the quarter, compared to analyst estimates of $67.02 million. Customers Bancorp had a net margin of 18.64% and a return on equity of 14.11%. The company's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 earnings per share. 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, 30th 2018. View Earnings Estimates for Customers Bancorp.

What price target have analysts set for CUBI?

6 brokers have issued 1 year target prices for Customers Bancorp's shares. Their forecasts range from $31.50 to $50.00. On average, they expect Customers Bancorp's stock price to reach $38.30 in the next twelve months. 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. " (2/20/2018)
2. Maxim Group analysts commented, "CUBI reported core EPS (excluding non-recurring tax items) of $0.63 for 4Q17 and $2.55 for 2017 for CUBI’s Community Business Banking segment (CBB), which will be stand-alone CUBI post-spin-off)." (1/26/2018)

Who are some of Customers Bancorp's key competitors?

Some companies that are related to Customers Bancorp include United Bankshares (UBSI), Bank of Hawaii (BOH), First Financial Bankshares (FFIN), Cathay General Bancorp (CATY), Columbia Banking System (COLB), South State Bank (SSB), Glacier Bancorp (GBCI), BancorpSouth Bank (BXS), International Bancshares (IBOC), United Community Bank (UCBI), CVB Financial (CVBF), Union Bankshares (UBSH), Great Western Bancorp (GWB), Hilltop (HTH) and ServisFirst Bancshares (SFBS).

Who are Customers Bancorp's key executives?

Customers Bancorp's management team includes the folowing people:

Mr. Jay S. Sidhu, Chairman & CEO (Age 66)
Mr. Richard A. Ehst, Pres & COO (Age 71)
Mr. Robert E. Wahlman, Exec. VP & CFO (Age 62)
Mr. Glenn A. Hedde, Pres of Warehouse Lending (Age 57)
Mr. Steven J. Issa, Pres of New England Market & Chief Lending Officer (Age 63)

Has Customers Bancorp been receiving favorable news coverage?

Media headlines about CUBI stock have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Customers Bancorp earned a coverage optimism score of 0.13 on Accern's scale. They also gave media stories about the bank an impact score of 49.30 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 $29.89.

How big of a company is Customers Bancorp?

Customers Bancorp has a market capitalization of $935.64 million and generates $451.76 million in revenue each year. The bank earns $78.83 million in net income (profit) each year or $2.20 on an earnings per share basis. Customers Bancorp employs 765 workers across the globe.

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 (CUBI)

Community Ranking:		2.8 out of 5 ( )
Outperform Votes:		174 (Vote Outperform)
Underperform Votes:		136 (Vote Underperform)
Total Votes:		310

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.

Customers Bancorp (NYSE:CUBI) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

6 Wall Street analysts have issued ratings and price targets for Customers Bancorp in the last 12 months. Their average twelve-month price target is $38.30, suggesting that the stock has a possible upside of 28.14%. The high price target for CUBI is $50.00 and the low price target for CUBI is $31.50. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Buy	Buy
Consensus Rating Score:	2.33	2.33	2.50	2.50
Ratings Breakdown:	0 Sell Rating(s) 4 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$38.30	$38.60	$42.3333	$42.00
Price Target Upside:	28.14% upside	30.10% upside	58.85% upside	46.60% upside

Customers Bancorp (NYSE:CUBI) Consensus Price Target History

Price Target History for Customers Bancorp (NYSE:CUBI)

Customers Bancorp (NYSE:CUBI) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/26/2018	Sandler O'Neill	Reiterated Rating	Hold	$31.50	Medium
2/14/2018	DA Davidson	Initiated Coverage	Neutral	$33.00	Low
1/26/2018	Maxim Group	Reiterated Rating	Buy	$50.00	Low
1/26/2018	Boenning Scattergood	Reiterated Rating	Hold		High
1/25/2018	B. Riley	Reiterated Rating	Buy	$41.00	High
6/30/2017	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$36.00	Medium
12/8/2016	FBR & Co	Boost Price Target	Outperform	$32.00 -> $40.00	N/A

(Data available from 4/24/2016 forward)

Customers Bancorp (NYSE:CUBI) Earnings History and Estimates Chart

Earnings by Quarter for Customers Bancorp (NYSE:CUBI)

Customers Bancorp (NYSE:CUBI) Earnings Estimates

2018 EPS Consensus Estimate: $2.88
2019 EPS Consensus Estimate: $3.25

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	3	$0.50	$0.71	$0.59
Q2 2018	3	$0.57	$0.87	$0.68
Q3 2018	3	$0.67	$0.96	$0.80
Q4 2018	3	$0.75	$0.91	$0.81
Q1 2019	2	$0.70	$0.71	$0.71
Q2 2019	2	$0.81	$0.84	$0.83
Q3 2019	2	$0.87	$0.89	$0.88
Q4 2019	2	$0.81	$0.86	$0.84

Customers Bancorp (NYSE CUBI) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
4/24/2018		$0.57					N/A
1/24/2018	Q4 2017	$0.62	$0.55	$67.02 million	$68.30 million	View	Listen
10/25/2017	Q3 2017	$0.70	$0.61	$80.32 million	$86.05 million	View	N/A
7/26/2017	Q2 2017	$0.62	$0.78	$67.14 million	$68.62 million	View	N/A
4/26/2017	Q1 2017	$0.62	$0.71	$66.31 million	$62.42 million	View	N/A
1/26/2017	Q416	$0.62	$0.76	$92.65 million	$65.06 million	View	N/A
10/26/2016	Q316	$0.60	$0.64	$86.88 million	$92.07 million	View	Listen
7/20/2016	Q216	$0.60	$0.60	$66.37 million	$71.42 million	View	Listen
4/14/2016	Q116	$0.55	$0.57	$55.31 million	$57.60 million	View	Listen
1/20/2016	Q415	$0.50	$0.58	$50.78 million	$53.47 million	View	Listen
10/28/2015	Q315	$0.50	$0.50	$55.15 million	$56.11 million	View	Listen
7/23/2015	Q215	$0.49	$0.52	$54.23 million	$52.95 million	View	Listen
4/28/2015	Q115	$0.46	$0.49	$50.94 million	$52.06 million	View	N/A
1/27/2015	Q414	$0.44	$0.47	$48.52 million	$50.79 million	View	N/A
10/21/2014	Q314	$0.41	$0.42	$46.01 million	$45.32 million	View	N/A
7/23/2014	Q214	$0.36	$0.37	$40.10 million	$43.84 million	View	N/A
4/21/2014	Q1 14	$0.31	$0.32	$27.10 million	$37.10 million	View	N/A
1/23/2014	Q4 13	$0.32	$0.36	$32.17 million	$35.61 million	View	N/A
10/23/2013	Q3 2013	$0.28	$0.30	$32.87 million	$31.86 million	View	N/A
7/15/2013	Q2 2013	$0.31	$0.35	$29.23 million	$34.17 million	View	N/A
4/10/2013	Q1 13		$0.38	$26.78 million	$28.64 million	View	N/A
3/7/2013	Q4 2012	$0.30	$0.36			View	N/A
11/14/2012	Q3 2012	$0.29	$0.46			View	N/A
8/14/2012	Q2 2012	$0.29	$0.51			View	N/A

(Earnings results data provided by Zacks Investment Research)

Customers Bancorp (NYSE:CUBI) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Customers Bancorp (NYSE CUBI) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 7.71%
Institutional Ownership Percentage: 79.47%

Insider Trading History for Customers Bancorp (NYSE:CUBI)

Customers Bancorp (NYSE CUBI) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/5/2018	Glenn Hedde	Insider	Sell	1,232	$29.68	$36,565.76
2/21/2018	Glenn Hedde	Insider	Sell	498	$30.37	$15,124.26
2/5/2018	Glenn Hedde	Insider	Sell	506	$30.16	$15,260.96
12/8/2017	Rick Burkey	Director	Sell	1,129	$26.74	$30,189.46	40,919
11/28/2017	Robert E Wahlman	CFO	Sell	50,000	$26.66	$1,333,000.00
11/27/2017	Richard A. Ehst	COO	Sell	9,000	$26.70	$240,300.00
3/21/2017	Richard A. Ehst	Insider	Sell	2,970	$31.20	$92,664.00
3/15/2017	Bhanu Choudhrie	Director	Sell	300,000	$32.63	$9,789,000.00	16,734
3/15/2017	Jay S. Sidhu	CEO	Sell	100,000	$32.49	$3,249,000.00
3/14/2017	Richard A. Ehst	Insider	Sell	73,544	$33.17	$2,439,454.48
3/13/2017	Rick Burkey	Director	Sell	9,776	$33.20	$324,563.20	34,171
3/10/2017	Steven Issa	VP	Sell	4,463	$33.00	$147,279.00
6/7/2016	Glenn Hedde	Insider	Sell	16,663	$27.00	$449,901.00	129,475
5/31/2016	Richard A Ehst	COO	Sell	9,500	$26.82	$254,790.00	102,967
3/17/2016	Glenn Hedde	Insider	Sell	19,868	$23.24	$461,732.32	176,289
5/29/2015	Robert E Wahlman	CFO	Buy	17,000	$25.08	$426,360.00
2/2/2015	Jay S Sidhu	CEO	Buy	24,340	$20.52	$499,456.80
2/19/2014	Glenn Hedde	Insider	Sell	9,330	$19.46	$181,561.80	123,896
11/19/2013	Robert Wahlman	CFO	Buy	30,000	$16.74	$502,200.00	30,000
11/18/2013	Jay Sidhu	CEO	Buy	25,800	$16.95	$437,310.00	211,640
5/21/2013	Daniel K Rothermel	Director	Buy	5,970	$16.75	$99,997.50
5/21/2013	James D Hogan	CFO	Buy	4,925	$16.75	$82,493.75
5/21/2013	Jay S Sidhu	CEO	Buy	14,925	$16.75	$249,993.75

(Data available from 1/1/2013 forward)

Customers Bancorp (NYSE CUBI) News Headlines

Source:

Date	Headline
	Customers Bank Moves to Modern Core Banking Platform from FIS to Support Growth finance.yahoo.com - April 19 at 8:39 AM
	BidaskClub Downgrades Customers Bancorp (CUBI) to Strong Sell www.americanbankingnews.com - April 18 at 12:16 PM
	Customers Bancorp (CUBI) Given Average Recommendation of "Hold" by Analysts www.americanbankingnews.com - April 18 at 1:30 AM
	Customers Bancorp (CUBI) Set to Announce Earnings on Tuesday www.americanbankingnews.com - April 17 at 1:57 AM
	Analysts Expect Customers Bancorp (CUBI) Will Post Quarterly Sales of $82.47 Million www.americanbankingnews.com - April 15 at 1:57 AM
	Customers Bancorp (CUBI) Rating Increased to Hold at BidaskClub www.americanbankingnews.com - April 14 at 7:21 AM
	Zacks: Brokerages Expect Customers Bancorp (CUBI) Will Post Earnings of $0.56 Per Share www.americanbankingnews.com - April 13 at 11:17 PM
	Customers Bancorp, Inc. to Host First Quarter 2018 Earnings Call on April 30, 2018 finance.yahoo.com - April 11 at 5:09 PM
	Customers Bancorp (CUBI) Downgraded by BidaskClub to "Sell" www.americanbankingnews.com - April 10 at 10:00 PM
	Customers Bancorp (CUBI) Downgraded to Hold at BidaskClub www.americanbankingnews.com - April 5 at 6:52 PM
	Customers Bank Named Top Minority Lender by Pennsylvania Housing Finance Agency finance.yahoo.com - April 3 at 5:12 PM
	Customers Bancorp (CUBI) Downgraded by BidaskClub www.americanbankingnews.com - April 2 at 10:13 AM
	Customers Bancorp (CUBI) Stock Rating Lowered by BidaskClub www.americanbankingnews.com - March 31 at 4:22 PM
	B. Riley Reaffirms "Buy" Rating for Customers Bancorp (CUBI) www.americanbankingnews.com - March 30 at 10:02 PM
	Zacks: Analysts Anticipate Customers Bancorp Inc (CUBI) Will Post Quarterly Sales of $82.47 Million www.americanbankingnews.com - March 30 at 4:36 AM
	Customers Bancorp (CUBI) Rating Reiterated by Sandler O'Neill www.americanbankingnews.com - March 26 at 4:18 PM
	Customers Bancorp Inc (CUBI) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - March 24 at 1:28 AM
	Customers Bancorp Inc (CUBI) Expected to Announce Quarterly Sales of $82.47 Million www.americanbankingnews.com - March 12 at 3:44 AM
	Customers Bancorp Inc (CUBI) Expected to Post Earnings of $0.56 Per Share www.americanbankingnews.com - March 10 at 7:16 PM
	Customers Bancorp Inc (CUBI) Shares Bought by Context BH Capital Management LP www.americanbankingnews.com - March 6 at 5:40 AM
	Customers Bancorp Inc (CUBI) Insider Glenn Hedde Sells 1,232 Shares www.americanbankingnews.com - March 5 at 7:54 PM
	Customers Bancorp (CUBI) versus RBB Bancorp (RBB) Critical Contrast www.americanbankingnews.com - February 28 at 9:16 PM
	Citadel Advisors LLC Acquires 72,611 Shares of Customers Bancorp Inc (CUBI) www.americanbankingnews.com - February 28 at 10:52 AM
	Baldwin Investment Management LLC Has $1.94 Million Holdings in Customers Bancorp Inc (CUBI) www.americanbankingnews.com - February 28 at 4:50 AM
	Tieton Capital Management LLC Has $4.33 Million Position in Customers Bancorp Inc (CUBI) www.americanbankingnews.com - February 27 at 4:15 PM
	Customers Bancorp Inc (CUBI) Shares Bought by American Century Companies Inc. www.americanbankingnews.com - February 27 at 4:06 AM
	Customers Bancorp Inc (CUBI) Given Consensus Rating of "Hold" by Brokerages www.americanbankingnews.com - February 27 at 1:36 AM
	Customers Bancorp Inc (CUBI) Shares Sold by Pinebridge Investments L.P. www.americanbankingnews.com - February 25 at 9:30 AM
	Victory Capital Management Inc. Cuts Stake in Customers Bancorp Inc (CUBI) www.americanbankingnews.com - February 25 at 5:50 AM
	Customers Bancorp Inc (CUBI) Shares Bought by Pacific Ridge Capital Partners LLC www.americanbankingnews.com - February 24 at 4:10 PM
	$82.47 Million in Sales Expected for Customers Bancorp Inc (CUBI) This Quarter www.americanbankingnews.com - February 24 at 10:54 AM
	Customers Bancorp Inc (CUBI) Files 10-K for the Fiscal Year Ended on December 31, 2017 finance.yahoo.com - February 24 at 8:36 AM
	Customers Bancorp Inc (CUBI) Holdings Lifted by KBC Group NV www.americanbankingnews.com - February 24 at 5:24 AM
	Customers Bancorp Inc (CUBI) Expected to Announce Earnings of $0.56 Per Share www.americanbankingnews.com - February 22 at 1:10 AM
	Customers Bancorp Inc (CUBI) Insider Sells $15,124.26 in Stock www.americanbankingnews.com - February 21 at 9:38 PM
	Zacks Investment Research Downgrades Customers Bancorp (CUBI) to Hold www.americanbankingnews.com - February 20 at 8:58 PM
	Customers Bancorp (CUBI) Now Covered by DA Davidson www.americanbankingnews.com - February 18 at 1:36 PM
	Research Analysts Offer Predictions for Customers Bancorp Inc's Q1 2018 Earnings (CUBI) www.americanbankingnews.com - February 16 at 8:38 AM
	Shift In Customers Bancorp's Business Model Could Generate 7-8% Loan Growth, Says DA Davidson www.benzinga.com - February 15 at 8:08 AM
	Zacks Investment Research Upgrades Customers Bancorp (CUBI) to Buy www.americanbankingnews.com - February 11 at 4:37 PM
	Customers Bancorp, Inc (CUBI) Expected to Post Quarterly Sales of $79.77 Million www.americanbankingnews.com - February 7 at 12:37 PM
	Glenn Hedde Sells 506 Shares of Customers Bancorp, Inc (CUBI) Stock www.americanbankingnews.com - February 6 at 12:23 PM
	Customers Bancorp, Inc (CUBI) Given Consensus Rating of "Hold" by Brokerages www.americanbankingnews.com - February 2 at 1:34 AM
	Customers Bancorp (CUBI) Lowered to "Hold" at Zacks Investment Research www.americanbankingnews.com - January 30 at 9:42 PM
	Customers Bancorp, Inc to Post Q1 2018 Earnings of $0.50 Per Share, B. Riley Forecasts (CUBI) www.americanbankingnews.com - January 29 at 2:56 AM
	Head to Head Analysis: Customers Bancorp (CUBI) versus Its Peers www.americanbankingnews.com - January 28 at 7:18 AM
	Sandler O'Neill Reaffirms "Hold" Rating for Customers Bancorp (CUBI) www.americanbankingnews.com - January 26 at 8:08 PM
	Maxim Group Reiterates "Buy" Rating for Customers Bancorp (CUBI) www.americanbankingnews.com - January 26 at 4:18 PM
	Customers Bancorp (CUBI) Earns Hold Rating from Boenning Scattergood www.americanbankingnews.com - January 26 at 1:40 PM
	Customers Bancorp (CUBI) Given "Buy" Rating at B. Riley www.americanbankingnews.com - January 25 at 6:58 PM

Customers Bancorp (NYSE:CUBI) SEC Filings

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Customers Bancorp (NYSE:CUBI) Income Statement, Balance Sheet and Cash Flow Statement

Customers Bancorp (NYSE CUBI) Stock Chart for Tuesday, April, 24, 2018

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This page was last updated on 4/24/2018 by MarketBeat.com Staff