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Customers Bancorp (CUBI) Earnings Date, Estimates & Call Transcripts

$45.17
-0.34 (-0.75%)
(As of 05:17 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 25Estimated
Actual EPS
(Apr. 26)
$1.68 Beat By $0.05
Consensus EPS
(Apr. 26)
$1.63
Skip Charts & View Estimated and Actual Earnings Data

CUBI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CUBI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Customers Bancorp Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$1.55$1.79$1.69 
Q2 20244$1.37$1.68$1.52 
Q3 20243$1.41$1.73$1.62 
Q4 20243$1.61$1.78$1.68 
FY 202414$5.94$6.98$6.51 
Q1 20251$1.83$1.83$1.83 
Q2 20251$1.86$1.86$1.86 
Q3 20251$1.90$1.90$1.90 
Q4 20251$1.87$1.87$1.87 
FY 20254$7.46$7.46 $7.46

CUBI Earnings Date and Information

Customers Bancorp last released its earnings data on April 26th, 2024. The bank reported $1.68 EPS for the quarter, beating the consensus estimate of $1.63 by $0.05. The business had revenue of $181.62 million for the quarter, compared to the consensus estimate of $183.48 million. Its quarterly revenue was up 8.1% on a year-over-year basis. Customers Bancorp has generated $7.16 earnings per share over the last year ($7.16 diluted earnings per share) and currently has a price-to-earnings ratio of 6.3. Earnings for Customers Bancorp are expected to grow by 17.24% in the coming year, from $6.38 to $7.48 per share. Customers Bancorp has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off prior year's report dates.

Customers Bancorp Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/25/2024
(Estimated)
------- 
4/26/2024Q1 2024$1.63$1.68+$0.05$1.96$183.48 million$181.62 million    
1/25/2024Q4 2023$1.76$1.90+$0.14$2.01$187.87 million$191.18 million
10/26/2023Q3 2023$1.60$2.59+$0.99$2.60$182.29 million$217.55 million
7/28/2023Q2 2023$1.42$1.65+$0.23$1.91$169.70 million$346.16 million    
4/27/2023Q1 2023$1.26$1.58+$0.32$1.61$150.10 million$181.74 million
1/25/2023Q4 2022$1.66$1.19($0.47)$1.61$169.85 million$142.48 million
10/26/2022Q3 2022$2.23$2.48+$0.25$3.11$176.53 million$150.02 million    
7/27/2022Q2 2022$1.80$1.77($0.03)$1.86$178.09 million$177.60 million    
4/27/2022Q1 2022$1.66$2.19+$0.53$2.20$170.48 million$185.90 million
1/24/2022Q4 2021$2.94$2.92($0.02)$2.97$225.40 million$210.69 million    
10/26/2021Q3 2021$1.98$3.47+$1.49$3.25$176.43 million$245.48 million    
7/27/2021Q2 2021$2.08$1.82($0.26)$1.80$166.17 million$155.58 million    
4/27/2021Q1 2021$1.35$1.01($0.34)$3.27$145.64 million$151.20 million  
1/26/2021Q4 2020$1.59$1.65+$0.06$1.65$147.69 million$146.72 million  
10/28/2020Q3 2020$1.00$1.48+$0.48$0.92$126.11 million$141.23 million  
7/30/2020Q2 2020$0.44$0.61+$0.17$0.61$108.09 million$114.22 million  
5/4/2020Q1 2020$0.43$0.26($0.17)$0.30$102.98 million$103.25 million  
1/22/2020Q4 2019$0.77$0.76($0.01)$0.77$93.76 million$103.41 million
10/23/2019Q3$0.71$0.73+$0.02$0.72$93.36 million$99.10 million  
7/24/2019Q2$0.34$0.38+$0.04$0.58$64.51 million$64.68 million  

Customers Bancorp Earnings - Frequently Asked Questions

When is Customers Bancorp's earnings date?

Customers Bancorp has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off last year's report dates. Learn more on CUBI's earnings history.

Did Customers Bancorp beat their earnings estimates last quarter?

In the previous quarter, Customers Bancorp (NYSE:CUBI) reported $1.68 earnings per share (EPS) to beat the analysts' consensus estimate of $1.63 by $0.05. Learn more on analysts' earnings estimate vs. CUBI's actual earnings.

How can I listen to Customers Bancorp's earnings conference call?

The conference call for Customers Bancorp's latest earnings report can be listened to online. Listen to Conference Call

How can I read Customers Bancorp's conference call transcript?

The conference call transcript for Customers Bancorp's latest earnings report can be read online. Read Transcript

How much revenue does Customers Bancorp generate each year?

Customers Bancorp (NYSE:CUBI) has a recorded annual revenue of $1.44 billion.

How much profit does Customers Bancorp generate each year?

Customers Bancorp (NYSE:CUBI) has a recorded net income of $250.14 million. CUBI has generated $7.16 earnings per share over the last four quarters.

What is Customers Bancorp's price-to-earnings ratio?

Customers Bancorp (NYSE:CUBI) has a trailing price-to-earnings ratio of 6.27 and a forward price-to-earnings ratio of 7.04.

What is Customers Bancorp's EPS forecast for next year?

Customers Bancorp's earnings are expected to grow from $6.38 per share to $7.48 per share in the next year, which is a 17.24% increase.


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This page (NYSE:CUBI) was last updated on 5/24/2024 by MarketBeat.com Staff

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