Should I buy or sell Customers Bancorp stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Customers Bancorp in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CUBI shares. View CUBI analyst ratings or view top-rated stocks .

What is Customers Bancorp's stock price target for 2024?

7 analysts have issued 12 month price objectives for Customers Bancorp's shares. Their CUBI share price targets range from $47.00 to $77.00. On average, they expect the company's share price to reach $61.86 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View analysts price targets for CUBI or view top-rated stocks among Wall Street analysts .

How have CUBI shares performed in 2024?

Customers Bancorp's stock was trading at $57.62 on January 1st, 2024. Since then, CUBI shares have decreased by 19.1% and is now trading at $46.62. View the best growth stocks for 2024 here .

Are investors shorting Customers Bancorp?

Customers Bancorp saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,980,000 shares, an increase of 5.9% from the March 15th total of 1,870,000 shares. Based on an average daily volume of 284,000 shares, the days-to-cover ratio is currently 7.0 days. Approximately 6.8% of the company's shares are short sold. View Customers Bancorp's Short Interest .

When is Customers Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CUBI earnings forecast .

How were Customers Bancorp's earnings last quarter?

Customers Bancorp, Inc. (NYSE:CUBI) released its quarterly earnings data on Thursday, January, 25th. The bank reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.14. The bank earned $191.18 million during the quarter, compared to analysts' expectations of $187.87 million. Customers Bancorp had a net margin of 17.23% and a trailing twelve-month return on equity of 18.75%.

What ETFs hold Customers Bancorp's stock?

ETFs with the largest weight of Customers Bancorp (NYSE:CUBI) stock in their portfolio include Amplify Transformational Data Sharing ETF (BLOK) , Schwab Crypto Thematic ETF (STCE) , AdvisorShares Alpha DNA Equity Sentiment ETF (SENT) , Roundhill Acquirers Deep Value ETF (DEEP) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG) . SPDR S&P Regional Banking ETF (KRE) .

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

Customers Bancorp issued an update on its FY 2025 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of 6.000-6.000 for the period. The company issued revenue guidance of -.

What is Jay S. Sidhu's approval rating as Customers Bancorp's CEO?

26 employees have rated Customers Bancorp Chief Executive Officer Jay S. Sidhu on Glassdoor.com . Jay S. Sidhu has an approval rating of 83% among the company's employees.

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 Crocs (CROX) , Biogen (BIIB) , Genocea Biosciences (GNCA) , Pfizer (PFE) , Visa (V) , AbbVie (ABBV) , Enbridge (ENB) , Infinera (INFN) and Pentair (PNR) .

How do I buy shares of Customers Bancorp?

Shares of CUBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CUBI

Customers Bancorp (CUBI) Stock Price, News & Analysis

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Free CUBI Stock Alerts

$46.62

-2.40 (-4.90%)

(As of 04/15/2024 ET)

Compare

Today's Range: $45.63
▼
$49.96
50-Day Range: $46.62
▼
$54.78
52-Week Range: $15.80
▼
$60.09

Volume: 557,920 shs
Average Volume: 289,107 shs
Market Capitalization: $1.47 billion

P/E Ratio: 6.38
Dividend Yield: N/A
Price Target: $61.86

Get Customers Bancorp alerts:

Customers Bancorp MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 32.7% Upside
$61.86 Price Target
Short Interest: Bearish
6.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.33
Based on 14 Articles This Week
Insider Trading: Selling Shares
$1.94 M Sold Last Quarter
Proj. Earnings Growth: 7.86%
From $6.87 to $7.41 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Finance Sector

552nd out of 879 stocks

State Commercial Banks Industry

143rd out of 179 stocks

3.5

Analyst's Opinion

Consensus Rating
Customers Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Customers Bancorp has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.82% of the float of Customers Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Customers Bancorp has a short interest ratio ("days to cover") of 7.
Change versus previous month
Short interest in Customers Bancorp has recently increased by 5.88%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Customers Bancorp does not currently pay a dividend.
Dividend Growth
Customers Bancorp does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CUBI.

1.8

News and Social Media Coverage

News Sentiment
Customers Bancorp has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Customers Bancorp this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 1 people have added Customers Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Customers Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,940,568.00 in company stock.
Percentage Held by Insiders
Only 9.40% of the stock of Customers Bancorp is held by insiders.
Percentage Held by Institutions
89.29% of the stock of Customers Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Customers Bancorp are expected to grow by 7.86% in the coming year, from $6.87 to $7.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Customers Bancorp is 6.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Customers Bancorp is 6.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.86.
Price to Book Value per Share Ratio
Customers Bancorp has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Customers Bancorp Stock (NYSE:CUBI)

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank. Customers Bancorp, Inc. was founded in 1997 as New Century Bank which operated 5 branches in Southern Pennsylvania. The company’s lending portfolio, which was primarily residential mortgage loans, led to the bank's eventual rebranding and hiring of Jay Sidhu as chairman and chief executive officer. The bank changed to a Bank Holding Company after it made a few strategic acquisitions and it now operates 12 full-service branches across 10 states and provides financial services to individuals, and small, and medium-sized businesses. The bank was a “troubled asset” worth $250 million when Mr. Sidhu took over and now it is worth upwards of $20 billion.

Customers Bancorp, Inc is a super-community bank operating in multiple states across the US. The company’s assets topped $20.3 billion in mid-2022 which put it on par with many of the US regional banks. The company sets itself apart by offering dedicated personal service to all its clients and by operating as a digital-first business. This means a single point of contact to help with any needs that may arise and full-service digital banking for all client needs.

Customers Bancorp offers traditional deposit products, including checking, savings, MMDA, and other deposit accounts as well as a full range of loans. Loan products include but are not limited to commercial warehouse loans, loans for multi-family construction, commercial real estate, small business loans, equipment financing, residential mortgages, and consumer lines of credit.

The company also offers traditional and business banking activities including mobile, internet, wire transfers, electronic bill payment, safe deposit boxes, remote capture, courier, payment processing services, and cash management.

Among the many services offered by Customers Bancorp are digital assets. The company supports a wide range of cryptocurrency-related services for individuals and businesses and even uses its own token. The token is used to power instant B2B payments across the TassatPay blockchain network. The company’s native token is CBIT (Customers Bancorp Instant Token).

Customers Bancorp is headquartered in West Reading, Pennsylvania, and operates 12 full-service branches, as well as production and administrative offices in several counties in southeastern Pennsylvania, New York, Massachusetts, Rhode Island, New Hampshire, Illinois, Florida, and North Carolina.

CUBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CUBI Stock News Headlines

April 15, 2024 | businesswire.com

Customers Bancorp, Inc. to Host First Quarter 2024 Earnings Webcast on Friday, April 26, 2024

April 15, 2024 | americanbankingnews.com

Customers Bancorp, Inc. to Post Q4 2024 Earnings of $1.81 Per Share, B. Riley Forecasts (NYSE:CUBI)

April 15, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 11, 2024 | americanbankingnews.com

Customers Bancorp, Inc. (NYSE:CUBI) Given Average Recommendation of "Buy" by Brokerages

April 10, 2024 | americanbankingnews.com

Customers Bancorp (NYSE:CUBI) Price Target Raised to $64.00

April 10, 2024 | americanbankingnews.com

Jefferies Financial Group Increases Customers Bancorp (NYSE:CUBI) Price Target to $64.00

April 9, 2024 | businesswire.com

Customers Bank Onboards 10 Experienced Banking Teams and Accelerates Deposit Transformation; Builds Prominence on East, West Coasts

April 9, 2024 | americanbankingnews.com

Jefferies Financial Group Boosts Customers Bancorp (NYSE:CUBI) Price Target to $64.00

April 15, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 8, 2024 | markets.businessinsider.com

Where Customers Bancorp Stands With Analysts

April 8, 2024 | americanbankingnews.com

DA Davidson Analysts Decrease Earnings Estimates for Customers Bancorp, Inc. (NYSE:CUBI)

April 4, 2024 | finance.yahoo.com

CUBI: What does Argus have to say about CUBI?

April 2, 2024 | msn.com

Lunch Time At SBI?: Internet Banking And UPI Services Of Bank Down; Netizens React

March 29, 2024 | msn.com

SBI Customers? Pay more for debit card usage from April 1 – Check full list of charges

March 19, 2024 | ca.finance.yahoo.com

CUBI Dec 2024 60.000 call

March 16, 2024 | finance.yahoo.com

The total return for Customers Bancorp (NYSE:CUBI) investors has risen faster than earnings growth over the last five years

March 16, 2024 | msn.com

RBI governor asks banks to plug gaps in customer grievance mechanisms

March 16, 2024 | finance.yahoo.com

CUBI Apr 2024 35.000 put

March 14, 2024 | msn.com

RBI Imposes Penalty On Bandhan Bank, Bank of India - Here's Why

March 14, 2024 | msn.com

RBI Imposes Monetary Penalty Of Rs 1.40 Crore On Bank Of India, Rs 29.55 Lakh On Bandhan Bank

March 13, 2024 | msn.com

Customers Bancorp's Subordinated Notes to Switch to Floating Rate in June

March 13, 2024 | finance.yahoo.com

Customers Bancorp Inc CFO Carla Leibold Sells 35,832 Shares

March 4, 2024 | finance.yahoo.com

Customers Bancorp, Inc. Subordinated Notes to Convert from Fixed to Floating Rate

February 25, 2024 | ca.finance.yahoo.com

CUBI Aug 2024 30.000 call

February 25, 2024 | msn.com

Customers Bancorp (CUBI) Price Target Increased by 7.29% to 67.52

February 24, 2024 | msn.com

Community Bank System (CBU) Price Target Increased by 8.59% to 54.35

February 21, 2024 | msn.com

Customers Bancorp (NYSE:CUBI) Stock: Losing Steam or Taking a Breather?

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Today: 4/15/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:CUBI
Previous Symbol: OTCMKTS:CUUU
CUSIP: N/A
CIK: 1488813
Web: www.customersbank.com
Phone: (610) 933-2000
Fax: N/A
Employees: 711
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $61.86
High Stock Price Target: $77.00
Low Stock Price Target: $47.00
Potential Upside/Downside: +32.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.31
Trailing P/E Ratio: 6.38
Forward P/E Ratio: 6.79
P/E Growth: N/A
Net Income: $250.14 million
Net Margins: 17.23%
Pretax Margin: 23.00%
Return on Equity: 18.75%
Return on Assets: 1.19%

Debt

Debt-to-Equity Ratio: 0.92
Current Ratio: 0.93
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $1.44 billion
Price / Sales: 1.02
Cash Flow: $5.41 per share
Price / Cash Flow: 8.61
Book Value: $48.02 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 31,490,000
Free Float: 28,525,000
Market Cap: $1.47 billion
Optionable: Optionable
Beta: 1.67

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Key Executives

Mr. Jay S. Sidhu (Age 72)
Founder, Chairman & CEO
Comp: $764.75k
Mr. Samvir S. Sidhu
President & Vice Chairman
Ms. Carla A. Leibold (Age 57)
Executive VP & CFO
Comp: $542.46k
Mr. Lyle P. Cunningham (Age 60)
Executive VP & Chief Lending Officer
Comp: $658.77k
Mr. Jessie John Deano Velasquez (Age 45)
Executive VP & Chief Accounting Officer
Nicholas Harris
Executive VP & Chief Information Officer
Mr. Andrew B. Sachs Esq.
Executive VP, General Counsel & Corporate Secretary
Mr. David W. Patti
Director of Communications
Lisa Walsh
Executive VP & Chief People Officer
Mr. Robert Fischer
Senior Vice President, Relationship Manager and Member of the Lending Team

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CUBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Customers Bancorp stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Customers Bancorp in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CUBI shares.
View CUBI analyst ratings or view top-rated stocks.
What is Customers Bancorp's stock price target for 2024?: 7 analysts have issued 12 month price objectives for Customers Bancorp's shares. Their CUBI share price targets range from $47.00 to $77.00. On average, they expect the company's share price to reach $61.86 in the next year. This suggests a possible upside of 32.7% from the stock's current price.
View analysts price targets for CUBI or view top-rated stocks among Wall Street analysts.
How have CUBI shares performed in 2024?: Customers Bancorp's stock was trading at $57.62 on January 1st, 2024. Since then, CUBI shares have decreased by 19.1% and is now trading at $46.62.
View the best growth stocks for 2024 here.
Are investors shorting Customers Bancorp?: Customers Bancorp saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,980,000 shares, an increase of 5.9% from the March 15th total of 1,870,000 shares. Based on an average daily volume of 284,000 shares, the days-to-cover ratio is currently 7.0 days. Approximately 6.8% of the company's shares are short sold.
View Customers Bancorp's Short Interest.
When is Customers Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CUBI earnings forecast.
How were Customers Bancorp's earnings last quarter?: Customers Bancorp, Inc. (NYSE:CUBI) released its quarterly earnings data on Thursday, January, 25th. The bank reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.14. The bank earned $191.18 million during the quarter, compared to analysts' expectations of $187.87 million. Customers Bancorp had a net margin of 17.23% and a trailing twelve-month return on equity of 18.75%.

What ETFs hold Customers Bancorp's stock?: ETFs with the largest weight of Customers Bancorp (NYSE:CUBI) stock in their portfolio include Amplify Transformational Data Sharing ETF (BLOK), Schwab Crypto Thematic ETF (STCE), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Roundhill Acquirers Deep Value ETF (DEEP) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG).SPDR S&P Regional Banking ETF (KRE).
What guidance has Customers Bancorp issued on next quarter's earnings?: Customers Bancorp issued an update on its FY 2025 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of 6.000-6.000 for the period. The company issued revenue guidance of -.
What is Jay S. Sidhu's approval rating as Customers Bancorp's CEO?: 26 employees have rated Customers Bancorp Chief Executive Officer Jay S. Sidhu on Glassdoor.com. Jay S. Sidhu has an approval rating of 83% among the company's employees.
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 Crocs (CROX), Biogen (BIIB), Genocea Biosciences (GNCA), Pfizer (PFE), Visa (V), AbbVie (ABBV), Enbridge (ENB), Infinera (INFN) and Pentair (PNR).
How do I buy shares of Customers Bancorp?: Shares of CUBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CUBI) was last updated on 4/15/2024 by MarketBeat.com Staff

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Customers Bancorp (CUBI) Stock Price, News & Analysis

Customers Bancorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Customers Bancorp Stock (NYSE:CUBI)

CUBI Stock Price History

CUBI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CUBI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™