Q1 EPS Forecast for Customers Bancorp Reduced by Analyst

Customers Bancorp, Inc. (NYSE:CUBI - Free Report) - Equities researchers at DA Davidson decreased their Q1 2025 earnings per share (EPS) estimates for Customers Bancorp in a research note issued to investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now forecasts that the bank will earn $1.33 per share for the quarter, down from their previous forecast of $1.36. DA Davidson has a "Buy" rating and a $71.00 price target on the stock. The consensus estimate for Customers Bancorp's current full-year earnings is $6.45 per share. DA Davidson also issued estimates for Customers Bancorp's FY2026 earnings at $7.06 EPS.

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

Several other equities analysts also recently issued reports on CUBI. Stephens restated an "equal weight" rating and issued a $58.00 price objective on shares of Customers Bancorp in a research note on Friday, January 24th. Maxim Group boosted their target price on Customers Bancorp from $75.00 to $80.00 and gave the company a "buy" rating in a report on Monday, January 27th. Finally, Keefe, Bruyette & Woods raised their price target on Customers Bancorp from $62.00 to $67.00 and gave the stock a "market perform" rating in a research note on Monday, January 27th. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Customers Bancorp currently has a consensus rating of "Moderate Buy" and a consensus price target of $64.00.

Customers Bancorp Stock Up 1.4 %

Shares of Customers Bancorp stock traded up $0.59 during trading hours on Thursday, hitting $43.99. The company had a trading volume of 105,874 shares, compared to its average volume of 302,997. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.96 and a quick ratio of 0.95. The company's 50-day moving average is $52.95 and its two-hundred day moving average is $50.93. The company has a market cap of $1.38 billion, a P/E ratio of 8.64 and a beta of 1.47. Customers Bancorp has a twelve month low of $40.75 and a twelve month high of $68.49.

Insider Buying and Selling at Customers Bancorp

In related news, CEO Jay S. Sidhu sold 67,000 shares of the firm's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $56.82, for a total value of $3,806,940.00. Following the completion of the sale, the chief executive officer now owns 965,723 shares in the company, valued at $54,872,380.86. This trade represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Glenn Hedde sold 15,815 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $58.25, for a total value of $921,223.75. Following the transaction, the insider now owns 55,211 shares in the company, valued at $3,216,040.75. The trade was a 22.27 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 115,988 shares of company stock worth $6,627,318. 6.92% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Customers Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Picton Mahoney Asset Management increased its holdings 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 valued at $28,000 after purchasing an additional 189 shares in the last quarter. R Squared Ltd acquired a new position in Customers Bancorp during the fourth quarter worth about $42,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Customers Bancorp in the fourth quarter valued at about $46,000. KBC Group NV lifted its position in shares of Customers Bancorp by 82.8% during the 4th quarter. KBC Group NV now owns 1,495 shares of the bank's stock valued at $73,000 after acquiring an additional 677 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Customers Bancorp by 323.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,643 shares of the bank's stock worth $80,000 after acquiring an additional 1,255 shares in the last quarter. Institutional investors and hedge funds own 89.29% of the company's stock.

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.