Customers Bancorp (NYSE:CUBI – Get Free Report) had its price target boosted by investment analysts at B. Riley from $81.00 to $82.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the bank’s stock. B. Riley’s price target would indicate a potential upside of 50.35% from the stock’s current price. B. Riley also issued estimates for Customers Bancorp’s Q3 2025 earnings at $1.63 EPS, Q4 2025 earnings at $1.61 EPS, FY2025 earnings at $6.25 EPS and FY2026 earnings at $7.49 EPS.
Other analysts also recently issued reports about the company. Keefe, Bruyette & Woods reduced their target price on Customers Bancorp from $67.00 to $65.00 and set a “market perform” rating for the company in a research note on Monday, April 28th. DA Davidson raised their price objective on Customers Bancorp from $68.00 to $71.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Stephens reaffirmed an “equal weight” rating and set a $58.00 target price on shares of Customers Bancorp in a research report on Friday, January 24th. Finally, Maxim Group increased their target price on Customers Bancorp from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Six analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Customers Bancorp has a consensus rating of “Moderate Buy” and a consensus price target of $64.00.
Get Our Latest Stock Analysis on CUBI
Customers Bancorp Stock Performance
Customers Bancorp (NYSE:CUBI – Get Free Report) last issued its earnings results on Thursday, April 24th. The bank reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.26. Customers Bancorp had a net margin of 13.07% and a return on equity of 12.29%. The business had revenue of $194.28 million for the quarter, compared to analyst estimates of $165.24 million. During the same period in the prior year, the firm earned $1.68 earnings per share. On average, equities analysts forecast that Customers Bancorp will post 6.45 earnings per share for the current year.
Institutional Investors Weigh In On Customers Bancorp
Institutional investors and hedge funds have recently bought and sold shares of the stock. Picton Mahoney Asset Management grew its stake in shares of Customers Bancorp by 47.7% in the 4th quarter. Picton Mahoney Asset Management now owns 585 shares of the bank’s stock worth $28,000 after acquiring an additional 189 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in Customers Bancorp by 5.3% during the first quarter. EP Wealth Advisors LLC now owns 4,431 shares of the bank’s stock worth $222,000 after purchasing an additional 223 shares during the last quarter. Summit Investment Advisors Inc. grew its position in Customers Bancorp by 8.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,098 shares of the bank’s stock worth $151,000 after purchasing an additional 254 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Customers Bancorp by 3.8% in the 1st quarter. Nisa Investment Advisors LLC now owns 7,422 shares of the bank’s stock valued at $373,000 after buying an additional 270 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Customers Bancorp by 3.2% during the 4th quarter. Sanctuary Advisors LLC now owns 9,714 shares of the bank’s stock worth $473,000 after buying an additional 302 shares in the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.
Customers Bancorp Company Profile
Customers Bancorp, Inc operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts.
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