What is DA Davidson's Forecast for CUBI Q1 Earnings?

Customers Bancorp, Inc. (NYSE:CUBI - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Customers Bancorp in a note issued to investors on Monday, January 27th. DA Davidson analyst P. Winter expects that the bank will post earnings of $1.36 per share for the quarter. DA Davidson currently has a "Buy" rating and a $71.00 target price on the stock. The consensus estimate for Customers Bancorp's current full-year earnings is $6.33 per share.

Customers Bancorp (NYSE:CUBI - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $1.36 EPS for the quarter, beating the consensus estimate of $1.21 by $0.15. Customers Bancorp had a net margin of 13.07% and a return on equity of 12.29%.

Several other research analysts also recently weighed in on the company. Keefe, Bruyette & Woods boosted their target price on Customers Bancorp from $62.00 to $67.00 and gave the stock a "market perform" rating in a research note on Monday. B. Riley upped their price objective on shares of Customers Bancorp from $78.00 to $80.00 and gave the company a "buy" rating in a report on Monday, November 4th. Piper Sandler lowered their target price on shares of Customers Bancorp from $61.00 to $55.00 and set a "neutral" rating for the company in a research note on Monday, November 4th. Maxim Group raised their price target on shares of Customers Bancorp from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Monday. Finally, StockNews.com raised shares of Customers Bancorp from a "sell" rating to a "hold" rating in a report on Sunday, December 1st. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $64.00.

Customers Bancorp Stock Down 0.6 %

CUBI traded down $0.33 during trading on Tuesday, hitting $56.98. The stock had a trading volume of 347,871 shares, compared to its average volume of 373,150. The stock has a 50 day simple moving average of $51.66 and a two-hundred day simple moving average of $51.12. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.95 and a current ratio of 0.96. Customers Bancorp has a twelve month low of $42.31 and a twelve month high of $68.49. The company has a market capitalization of $1.79 billion, a PE ratio of 11.22 and a beta of 1.68.

Insider Activity

In related news, CEO Jay S. Sidhu sold 860 shares of Customers Bancorp stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $54.73, for a total value of $47,067.80. Following the completion of the transaction, the chief executive officer now owns 1,189,738 shares in the company, valued at $65,114,360.74. The trade was a 0.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Glenn Hedde sold 5,002 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $53.68, for a total value of $268,507.36. Following the transaction, the insider now owns 66,256 shares in the company, valued at $3,556,622.08. This represents a 7.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 112,255 shares of company stock valued at $6,347,039 in the last quarter. 6.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Customers Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CUBI. Sei Investments Co. boosted its stake in Customers Bancorp by 53.1% during the 2nd quarter. Sei Investments Co. now owns 132,048 shares of the bank's stock worth $6,336,000 after purchasing an additional 45,818 shares during the last quarter. Bank of Montreal Can raised its holdings in Customers Bancorp by 47.4% in the 2nd quarter. Bank of Montreal Can now owns 8,900 shares of the bank's stock valued at $429,000 after acquiring an additional 2,862 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Customers Bancorp by 5.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,164 shares of the bank's stock worth $728,000 after purchasing an additional 834 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Customers Bancorp by 10.4% during the 2nd quarter. Mackenzie Financial Corp now owns 5,850 shares of the bank's stock worth $281,000 after purchasing an additional 549 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC grew its position in shares of Customers Bancorp by 93.4% in the second quarter. Susquehanna Fundamental Investments LLC now owns 48,587 shares of the bank's stock valued at $2,331,000 after purchasing an additional 23,470 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.