Customers Bancorp (CUBI) Stock Price, News & Analysis

Company Overview

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.

Written by Jeffrey Neal Johnson

Key Stats

• Today's Range: $51.43 to $52.82
• 50-Day Range: $47.66 to $58.32
• 52-Week Range: $42.31 to $68.49
• Volume: 151,233 shs
• Average Volume: 347,109 shs
• Market Capitalization: $1.63 billion
• P/E Ratio: 10.21
• Dividend Yield: N/A
• Price Target: $64.00
• Consensus Rating: Moderate Buy

Customers Bancorp Stock Analysis - MarketRank™

Customers Bancorp scored higher than 53% of companies evaluated by MarketBeat, and ranked 638th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Customers Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Customers Bancorp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 13.80%

Earnings Growth

Earnings for Customers Bancorp are expected to grow by 13.80% in the coming year, from $6.45 to $7.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Customers Bancorp is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Customers Bancorp is 10.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.85.

Price to Book Value per Share Ratio

Customers Bancorp has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.39% 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 5.7.

Change versus previous month

Short interest in Customers Bancorp has recently increased by 9.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Customers Bancorp does not currently pay a dividend.

Dividend Growth

Customers Bancorp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.39% 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 5.7.

Change versus previous month

Short interest in Customers Bancorp has recently increased by 9.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.23

News Sentiment

Customers Bancorp has a news sentiment score of 1.23. 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 higher news sentiment than the 0.93 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Customers Bancorp this week, compared to 11 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $6,627,318.00 in company stock.

Percentage Held by Insiders

Only 6.92% 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.

CUBI Stock Analysis - Frequently Asked Questions

How have CUBI shares performed this year?

Customers Bancorp's stock was trading at $48.68 on January 1st, 2025. Since then, CUBI stock has increased by 6.6% and is now trading at $51.8840.
View the best growth stocks for 2025 here.

How were Customers Bancorp's earnings last quarter?

Customers Bancorp, Inc. (NYSE:CUBI) issued its quarterly earnings results on Thursday, January, 23rd. The bank reported $1.36 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.15. Customers Bancorp had a net margin of 13.07% and a trailing twelve-month return on equity of 12.29%.

Who are Customers Bancorp's major shareholders?

Customers Bancorp's top institutional shareholders include Wellington Management Group LLP (8.36%), Vanguard Group Inc. (6.82%), Dimensional Fund Advisors LP (6.82%) and Hood River Capital Management LLC (4.69%). Insiders that own company stock include Jay S Sidhu, Samvir S Sidhu, Daniel K Rothermel, Glenn Hedde, Carla A Leibold, Andrew Hertz Bowman, Lyle Cunningham, Robert Neil Mackay, Jessie John Deano Velasquez and Bernard Bennett Banks.
View institutional ownership trends.

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.

What other stocks do shareholders of Customers Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Customers Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 1/23/2025
• Today: 3/27/2025
• Next Earnings (Estimated): 4/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NYSE:CUBI
• Previous Symbol: OTCMKTS:CUUU
• CIK: 1488813
• Web: www.customersbank.com
• Phone: (610) 933-2000
• Fax: N/A
• Employees: 640
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $64.00
• High Stock Price Target: $80.00
• Low Stock Price Target: $49.00
• Potential Upside/Downside: +23.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.08
• Trailing P/E Ratio: 10.21
• Forward P/E Ratio: 8.04
• P/E Growth: N/A
• Net Income: $181.47 million
• Net Margins: 13.07%
• Pretax Margin: 16.16%
• Return on Equity: 12.29%
• Return on Assets: 0.93%

Debt

• Debt-to-Equity Ratio: 0.77
• Current Ratio: 0.96
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $687.50 million
• Price / Sales: 2.37
• Cash Flow: $6.86 per share
• Price / Cash Flow: 7.56
• Book Value: $54.19 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 31,467,000
• Free Float: 29,180,000
• Market Cap: $1.63 billion
• Optionable: Optionable
• Beta: 1.74