CUBI - Customers Bancorp Inc Stock Price, Fair Value and News

48.86USD+0.63 (+1.31%)Delayed

Market Summary

USD48.86+0.63

Delayed

1.31%

CUBI Stock Price

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CUBI RSI Chart

CUBI Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

6.38

Price/Sales (Trailing)

1.13

EV/EBITDA

-2.04

Price/Free Cashflow

17.68

CUBI Price/Sales (Trailing)

CUBI Profitability

EBT Margin

23.98%

Return on Equity

14.33%

Return on Assets

1.14%

Free Cashflow Yield

5.66%

CUBI Fundamentals

CUBI Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

28.28%

Rev. Growth (Qtr)

-8.08%

CUBI Earnings

Earnings (TTM)

242.3M

Earnings Growth (Yr)

-14.51%

Earnings Growth (Qtr)

-26.04%

Breaking Down CUBI Revenue

Last 30 days

5.2%

Last 90 days

-8.7%

Trailing 12 Months

120.4%

How does CUBI drawdown profile look like?

CUBI Financial Health

CUBI Investor Care

Shares Dilution (1Y)

1.29%

Diluted EPS (TTM)

7.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	1.0B	1.2B	1.3B	1.4B
2022	803.2M	836.7M	829.8M	885.4M
2021	579.1M	616.7M	719.9M	780.9M
2020	488.0M	501.3M	514.2M	543.3M
2019	422.1M	426.4M	443.0M	463.7M
2018	386.7M	400.5M	412.3M	418.0M
2017	332.2M	344.8M	358.8M	372.9M
2016	264.5M	286.2M	306.6M	322.5M
2015	212.3M	226.9M	239.3M	249.8M
2014	137.0M	150.4M	168.0M	190.4M
2013	102.9M	114.9M	120.7M	128.2M
2012	68.1M	73.1M	85.7M	93.5M
2011	38.5M	46.1M	53.7M	61.2M
2010	0	0	22.2M	30.9M
2009	0	0	0	13.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Customers Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 12, 2024	sidhu jay s	acquired	495,004	49.02	10,098	chairman & ceo
Apr 12, 2024	sidhu samvir s.	acquired	372,601	49.02	7,601	president, ceo
Apr 07, 2024	sidhu jay s	acquired	1,122,820	50.43	22,265	chairman & ceo
Apr 07, 2024	sidhu jay s	sold (taxes)	-565,724	50.43	-11,218	chairman & ceo
Apr 07, 2024	sidhu samvir s.	acquired	408,786	50.43	8,106	president, ceo
Apr 07, 2024	leibold carla a	acquired	435,866	50.43	8,643	chief financial officer
Apr 07, 2024	leibold carla a	sold (taxes)	-244,485	50.43	-4,848	chief financial officer
Apr 07, 2024	sidhu samvir s.	sold (taxes)	-297,285	50.43	-5,895	president, ceo
Apr 06, 2024	sidhu samvir s.	sold (taxes)	-152,046	50.43	-3,015	president, ceo
Apr 06, 2024	sidhu jay s	sold (taxes)	-151,794	50.43	-3,010	chairman & ceo

Which funds bought or sold CUBI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Tidal Investments LLC	reduced	-56.11	-15,434,300	10,468,200	0.17%
May 16, 2024	COMERICA BANK	reduced	-8.41	-132,995	716,206	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.72	-220,359	1,577,160	-%
May 16, 2024	HANCOCK WHITNEY CORP	new	-	314,386	314,386	0.01%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-77.17	-2,242,250	596,978	-%
May 16, 2024	EJF Capital LLC	reduced	-20.8	-764,429	2,060,160	1.43%
May 15, 2024	ALGERT GLOBAL LLC	added	4.35	-175,000	4,297,000	0.17%
May 15, 2024	Hood River Capital Management LLC	reduced	-1.77	-1,581,310	14,994,800	0.33%
May 15, 2024	Corton Capital Inc.	sold off	-100	-508,554	-	-%
May 15, 2024	Teza Capital Management LLC	added	24.18	65,326	520,466	0.07%

Are Funds Buying or Selling CUBI?

Are funds buying CUBI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CUBI

No. of Funds

Unveiling Customers Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 03, 2024	bay pond partners, l.p.	5.62%	1,770,964	SC 13G
Feb 13, 2024	vanguard group inc	6.61%	2,075,266	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.9%	2,153,952	SC 13G/A
Feb 08, 2024	wellington management group llp	5.46%	1,715,054	SC 13G
Feb 08, 2024	bay pond partners, l.p.	3.70%	1,163,242	SC 13G/A
Jan 23, 2024	blackrock inc.	14.5%	4,559,798	SC 13G/A
Nov 02, 2023	bay pond partners, l.p.	5.09%	1,593,807	SC 13G
Feb 10, 2023	lord, abbett & co. llc	0%	0	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.4%	2,390,225	SC 13G/A
Feb 09, 2023	vanguard group inc	6.53%	2,121,898	SC 13G/A

Recent SEC filings of Customers Bancorp Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 03, 2024	SC 13G	Major Ownership Report
Apr 25, 2024	8-K	Current Report
Apr 25, 2024	8-K	Current Report
Apr 25, 2024	8-K/A	Current Report
Apr 17, 2024	DEF 14A	DEF 14A
Apr 17, 2024	DEFA14A	DEFA14A
Apr 15, 2024	4	Insider Trading
Apr 15, 2024	4	Insider Trading
Apr 12, 2024	8-K	Current Report

Peers (Alternatives to Customers Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Customers Bancorp Inc News

Latest updates

Customers Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-100.0%	-	346	376	330	315	270	236	196	183	214	243	163	161	153	140	125	125	124	127	112	101
EBITDA Margin	0.7%	0.77*	0.77*	0.75*	0.78*	0.89*	1.06*	1.30*	1.44*	1.47*	1.47*	1.45*	1.35*	-	-	-	-	-	-	-	-	-
Interest Expenses	-7.0%	160	173	200	165	150	135	159	165	165	194	220	139	133	123	107	92.00	81.00	78.00	76.00	65.00	59.00
Income Taxes	-28.2%	16.00	22.00	23.00	21.00	15.00	7.00	18.00	19.00	19.00	13.00	36.00	20.00	18.00	23.00	12.00	8.00	3.00	7.00	8.00	2.00	5.00
Earnings Before Taxes	-22.1%	65.00	84.00	110	68.00	68.00	36.00	82.00	78.00	96.00	115	152	81.00	92.00	82.00	63.00	33.00	12.00	35.00	35.00	12.00	20.00
EBT Margin	-0.9%	0.24*	0.24*	0.22*	0.22*	0.26*	0.33*	0.45*	0.53*	0.55*	0.57*	0.57*	0.52*	-	-	-	-	-	-	-	-	-
Net Income	-26.0%	46.00	62.00	87.00	48.00	54.00	29.00	64.00	59.00	77.00	101	116	61.00	37.00	56.00	51.00	23.00	3.00	28.00	27.00	9.00	15.00
Net Income Margin	-3.1%	0.18*	0.18*	0.17*	0.17*	0.20*	0.26*	0.36*	0.42*	0.44*	0.40*	0.38*	0.33*	-	-	-	-	-	-	-	-	-
Free Cashflow	83.8%	-19.24	-118	136	89.00	17.00	-299	109	49.00	117	21.00	-14.91	89.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	21,347	21,316	21,857	22,029	21,752	20,896	20,368	20,252	19,164	19,575	19,109	19,635	18,818	18,439	18,779	17,903	12,019	11,521	11,724	11,182	10,144
Cash Equivalents	-3.8%	3,701	3,846	3,420	3,155	2,047	456	404	245	275	518	1,052	431	515	693	331	1,067	256	213	182	96.00	118
Net PPE	-1.6%	7.00	7.00	8.00	8.00	9.00	9.00	7.00	7.00	8.00	9.00	10.00	10.00	11.00	11.00	12.00	8.00	9.00	9.00	14.00	10.00	11.00
Liabilities	-0.1%	19,656	19,678	20,296	20,572	20,331	19,493	18,981	18,899	17,786	18,209	17,825	18,384	17,629	17,322	17,727	16,895	11,054	10,468	10,705	10,191	9,166
Shareholder's Equity	3.2%	1,692	1,638	1,562	1,457	1,421	1,403	1,387	1,353	1,377	1,366	1,284	1,251	1,189	1,117	1,051	1,008	965	1,053	1,019	991	978
Retained Earnings	4.0%	1,206	1,160	1,101	1,018	974	924	899	837	781	706	607	497	439	439	386	339	320	382	358	334	328
Additional Paid-In Capital	0.5%	567	565	559	556	552	552	549	546	542	542	526	519	515	456	453	451	447	444	441	439	437
Shares Outstanding	0.3%	32.00	31.00	31.00	31.00	31.00	32.00	32.00	32.00	33.00	33.00	33.00	32.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	878	-	-	-	1,032	-	-	-	1,186	-	-	-	379	-	-	-	606	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	84.1%	-18.82	-118	136	89.00	18.00	-295	109	49.00	117	21.00	-14.80	89.00	200	60.00	34.00	75.00	-34.93	7.00	32.00	9.00	-6.01
Share Based Compensation	53.3%	4.00	3.00	4.00	4.00	3.00	3.00	3.00	4.00	4.00	3.00	4.00	5.00	3.00	3.00	2.00	4.00	3.00	3.00	2.00	3.00	2.00
Cashflow From Investing	-114.1%	-163	1,161	397	795	805	-213	15.00	-1,188	89.00	-1,120	1,389	-943	-526	662	-1,710	-4,942	-433	221	-452	-1,017	-196
Cashflow From Financing	106.0%	37.00	-615	-268	224	769	560	35.00	1,110	-449	567	-752	769	171	-359	941	5,679	512	-234	507	986	258
Buy Backs	-	-	-	-	-	40.00	5.00	-	22.00	6.00	28.00	-	-	-	-	-	-	-	-	-	-	1.00

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CUBI Income Statement

2024-03-31

Consolidated Statements of Income (Loss) — Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans and leases	$ 217,999	$ 244,212
Investment securities	46,802	47,316
Interest earning deposits	52,817	10,395
Loans held for sale	12,048	11,701
Other	2,111	1,321
Total interest income	331,777	314,945
Interest expense:
Deposits	153,725	143,930
FHLB advances	13,485	10,370
FRB advances	0	6,286
Subordinated debt	2,689	2,689
Other borrowings	1,493	1,771
Total interest expense	171,392	165,046
Net interest income	160,385	149,899
Provision for credit losses	17,070	19,603
Net interest income after provision for credit losses	143,315	130,296
Non-interest income:
Commercial lease income	9,683	9,326
Loan fees	5,280	3,990
Bank-owned life insurance	3,261	2,647
Mortgage finance transactional fees	946	1,074
Gain (loss) on sale of loans	10	0
Net gain (loss) on sale of investment securities	(30)	0
Other	2,081	1,084
Total non-interest income	21,231	18,121
Non-interest expense:
Salaries and employee benefits	36,025	32,345
Technology, communication and bank operations	21,904	16,589
Commercial lease depreciation	7,970	7,875
Professional services	6,353	7,596
Loan servicing	4,031	4,661
Occupancy	2,347	2,760
FDIC assessments, non-income taxes and regulatory fees	13,469	2,728
Advertising and promotion	682	1,049
Other	6,388	4,530
Total non-interest expense	99,169	80,133
Income before income tax expense	65,377	68,284
Income tax expense	15,651	14,563
Net income	49,726	53,721
Preferred stock dividends	3,800	3,456
Net income available to common shareholders, basic	45,926	50,265
Net income available to common shareholders, diluted	$ 45,926	$ 50,265
Basic earnings per common share (usd per share)	$ 1.46	$ 1.58
Diluted earnings per common share (usd per share)	$ 1.40	$ 1.55

CUBI Balance Sheet

2024-03-31

Consolidated Balance Sheet — Unaudited - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 51,974	$ 45,210
Interest earning deposits	3,649,146	3,801,136
Cash and cash equivalents	3,701,120	3,846,346
Investment securities, at fair value (includes allowance for credit losses of $5,069 and $3,952, respectively)	2,604,868	2,405,640
Investment securities held to maturity	1,032,037	1,103,170
Loans held for sale (includes $219,885 and $189,277, respectively, at fair value)	357,640	340,317
Loans and leases receivable	11,936,621	11,963,855
Loans receivable, mortgage finance, at fair value	962,610	897,912
Allowance for credit losses on loans and leases	(133,296)	(135,311)
Total loans and leases receivable, net of allowance for credit losses on loans and leases	12,765,935	12,726,456
FHLB, Federal Reserve Bank, and other restricted stock	100,067	109,548
Accrued interest receivable	120,123	114,766
Bank premises and equipment, net	7,253	7,371
Bank-owned life insurance	293,400	292,193
Goodwill and other intangibles	3,629	3,629
Other assets	361,295	366,829
Total assets	21,347,367	21,316,265
Deposits:
Demand, non-interest bearing	4,688,880	4,422,494
Interest bearing	13,272,503	13,497,742
Total deposits	17,961,383	17,920,236
FHLB advances	1,195,088	1,203,207
Other borrowings	123,905	123,840
Subordinated debt	182,300	182,230
Accrued interest payable and other liabilities	193,074	248,358
Total liabilities	19,655,750	19,677,871
Commitments and contingencies (NOTE 15)
Shareholders’ equity:
Preferred stock, par value $1.00 per share; liquidation preference $25.00 per share; 100,000,000 shares authorized, 5,700,000 shares issued and outstanding as of March 31, 2024 and December 31, 2023	137,794	137,794
Common stock, par value $1.00 per share; 200,000,000 shares authorized; 35,540,367 and 35,459,342 shares issued as of March 31, 2024 and December 31, 2023; 31,521,931 and 31,440,906 shares outstanding as of March 31, 2024 and December 31, 2023	35,540	35,459
Additional paid in capital	567,490	564,538
Retained earnings	1,205,508	1,159,582
Accumulated other comprehensive income (loss), net	(132,305)	(136,569)
Treasury stock, at cost (4,018,436 shares as of March 31, 2024 and December 31, 2023)	(122,410)	(122,410)
Total shareholders’ equity	1,691,617	1,638,394
Total liabilities and shareholders’ equity	$ 21,347,367	$ 21,316,265
Treasury stock (shares)	4,018,436	4,018,436

About Customers Bancorp Inc

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. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare and financial institutions group finance; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, which includes secured and variable rate financing, private equity funds, and cash management services. In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, an blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts. The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.

CEO	Mr. Jay S. Sidhu
WEBSITE	customersbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	691

Customers Bancorp Inc Frequently Asked Questions

What is the ticker symbol for Customers Bancorp Inc? What does CUBI stand for in stocks?

CUBI is the stock ticker symbol of Customers Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Customers Bancorp Inc (CUBI)?

As of Fri May 17 2024, market cap of Customers Bancorp Inc is 1.55 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CUBI stock?

You can check CUBI's fair value in chart for subscribers.

What is the fair value of CUBI stock?

You can check CUBI's fair value in chart for subscribers. The fair value of Customers Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Customers Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CUBI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Customers Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether CUBI is over valued or under valued. Whether Customers Bancorp Inc is cheap or expensive depends on the assumptions which impact Customers Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CUBI.

What is Customers Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CUBI's PE ratio (Price to Earnings) is 6.38 and Price to Sales (PS) ratio is 1.13. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CUBI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Customers Bancorp Inc's stock?

In the past 10 years, Customers Bancorp Inc has provided 0.114 (multiply by 100 for percentage) rate of return.