Customers Bancorp (CUBI) Projected to Post Earnings on Thursday

Customers Bancorp (NYSE:CUBIGet Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.53 per share and revenue of $170.81 million for the quarter.

Customers Bancorp (NYSE:CUBIGet Free Report) last posted its earnings results on Thursday, April 24th. The bank reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.26. Customers Bancorp had a return on equity of 11.64% and a net margin of 10.51%. The company had revenue of $194.28 million for the quarter, compared to analyst estimates of $165.24 million. During the same quarter last year, the company earned $1.68 earnings per share. On average, analysts expect Customers Bancorp to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Customers Bancorp Stock Up 0.8%

CUBI stock opened at $62.84 on Thursday. Customers Bancorp has a twelve month low of $40.75 and a twelve month high of $68.49. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.76. The stock’s 50 day moving average is $55.55 and its 200-day moving average is $52.38. The firm has a market capitalization of $1.99 billion, a PE ratio of 15.83 and a beta of 1.55.

Institutional Trading of Customers Bancorp

Large investors have recently bought and sold shares of the company. Royal Bank of Canada grew its position in shares of Customers Bancorp by 11.5% in the first quarter. Royal Bank of Canada now owns 5,344 shares of the bank’s stock valued at $269,000 after purchasing an additional 553 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Customers Bancorp by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,625 shares of the bank’s stock worth $885,000 after purchasing an additional 786 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Customers Bancorp by 71.4% in the 1st quarter. Millennium Management LLC now owns 274,730 shares of the bank’s stock valued at $13,791,000 after acquiring an additional 114,430 shares during the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in shares of Customers Bancorp in the 1st quarter valued at about $37,000. 89.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CUBI shares. Keefe, Bruyette & Woods raised their target price on Customers Bancorp from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Friday, July 11th. B. Riley lifted their price target on Customers Bancorp from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, May 16th. Finally, Wall Street Zen lowered Customers Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, June 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $65.33.

Read Our Latest Analysis on Customers Bancorp

About Customers Bancorp

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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.

See Also

Earnings History for Customers Bancorp (NYSE:CUBI)

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