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Customers Bancorp (CUBI) Earnings Date, Estimates & Call Transcripts

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$47.71 +0.73 (+1.55%)
(As of 12/20/2024 05:31 PM ET)

Customers Bancorp Latest Earnings Summary

Actual EPS
(Oct. 31)
$1.34 Missed By -$0.09
Consensus EPS
(Oct. 31)
$1.43

Customers Bancorp released Q3 2024 earnings on October 31, 2024, reporting an EPS of $1.34, which missed the consensus estimate of $1.43 by $0.09. Quarterly revenue fell 23.2% year-over-year to $167.10 million, below the consensus estimate of $191.61 million. With a trailing EPS of $6.16 and a P/E Ratio of 7.75, Customers Bancorp's earnings are expected to grow 9.77% next year, from $5.63 to $6.18 per share.

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CUBI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CUBI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Customers Bancorp Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$1.55$1.79$1.69 
Q2 20244$1.37$1.68$1.49 
Q3 20244$1.43$1.72$1.54 
Q4 20244$1.21$1.65$1.44 
FY 202416$5.56$6.84$6.15 
Q1 20251$1.54$1.54$1.54 
Q2 20251$1.61$1.61$1.61 
Q3 20251$1.67$1.67$1.67 
Q4 20251$1.68$1.68$1.68 
FY 20254$6.50$6.50$6.50 
Q1 20261$1.64$1.64$1.64 
Q2 20261$1.72$1.72$1.72 

Customers Bancorp Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/31/2024Q3 2024$1.43$1.34 -$0.09$1.21$191.61M$167.10M
7/25/2024Q2 2024$1.43$1.49+$0.06$1.32$184.40M$198.69M
4/26/2024Q1 2024$1.63$1.68+$0.05$1.96$183.48M$181.62M
1/25/2024Q4 2023$1.76$1.90+$0.14$2.01$187.87M$191.18M
10/26/2023Q3 2023$1.60$2.59+$0.99$2.60$182.29M$217.55M
7/28/2023Q2 2023$1.42$1.65+$0.23$1.91$169.70M$346.16M
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4/27/2023Q1 2023$1.26$1.58+$0.32$1.61$150.10M$181.74M
1/25/2023Q4 2022$1.66$1.19 -$0.47$1.61$169.85M$142.48M

Customers Bancorp Earnings - Frequently Asked Questions

Customers Bancorp (NYSE:CUBI) last announced its quarterly earning data on Thursday, October 31, 2024. Learn more on CUBI's earnings history.

In the previous quarter, Customers Bancorp (NYSE:CUBI) missed the analysts' consensus estimate of $1.43 by $0.09 with a reported earnings per share (EPS) of $1.34. Learn more on analysts' earnings estimate vs. CUBI's actual earnings.

The conference call for Customers Bancorp's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Customers Bancorp's latest earnings report can be read online.
Read Transcript

Customers Bancorp (NYSE:CUBI) has a recorded annual revenue of $723.48 million.

Customers Bancorp (NYSE:CUBI) has a recorded net income of $250.14 million. CUBI has generated $6.16 earnings per share over the last four quarters.

Customers Bancorp (NYSE:CUBI) has a trailing price-to-earnings ratio of 7.75 and a forward price-to-earnings ratio of 8.47.

Customers Bancorp's earnings are expected to grow from $5.63 per share to $6.18 per share in the next year, which is a 9.77% increase.

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This page (NYSE:CUBI) was last updated on 12/22/2024 by MarketBeat.com Staff
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