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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

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

$48.19
+1.36 (+2.90%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 25
After Market Closes
Confirmed
Actual EPS
(Jan. 25)
$1.90 Beat By $0.14
Consensus EPS
(Jan. 25)
$1.76
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 20243$1.68$1.79$1.74 
Q3 20243$1.62$1.90$1.75 
Q4 20243$1.65$1.97$1.81 
FY 202413$6.50$7.45$6.98 
Q1 20251$1.81$1.81$1.81 
Q2 20251$1.87$1.87$1.87 
Q3 20251$1.94$1.94$1.94 
Q4 20251$1.93$1.93$1.93 
FY 20254$7.55$7.55 $7.55

CUBI Earnings Date and Information

Customers Bancorp last released its earnings data on January 25th, 2024. The bank reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.76 by $0.14. The firm earned $191.18 million during the quarter, compared to analyst estimates of $187.87 million. Customers Bancorp has generated $7.31 earnings per share over the last year ($7.31 diluted earnings per share) and currently has a price-to-earnings ratio of 6.5. Earnings for Customers Bancorp are expected to grow by 8.18% in the coming year, from $6.85 to $7.41 per share. Customers Bancorp has confirmed that its next quarterly earnings report will be published on Thursday, April 25th, 2024. Customers Bancorp will be holding an earnings conference call on Friday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call..

Customers Bancorp Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/25/2024
Confirmed)
-------  
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  

Customers Bancorp Earnings - Frequently Asked Questions

When is Customers Bancorp's earnings date?

Customers Bancorp has confirmed that its next quarterly earnings data will be published on Thursday, April 25th, 2024. 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 $1.90 earnings per share (EPS) to beat the analysts' consensus estimate of $1.76 by $0.14. Learn more on analysts' earnings estimate vs. CUBI's actual earnings.

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 $7.31 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 6.51 and a forward price-to-earnings ratio of 6.95.

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

Customers Bancorp's earnings are expected to grow from $6.85 per share to $7.41 per share in the next year, which is a 8.18% increase.


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This page (NYSE:CUBI) was last updated on 4/19/2024 by MarketBeat.com Staff

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