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

50.39USD+1.42 (+2.90%)Market Closed

Market Summary

USD50.39+1.42

Market Closed

2.90%

CUBI Stock Price

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CUBI RSI Chart

CUBI Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

6.34

Price/Sales (Trailing)

1.16

EV/EBITDA

-2.15

Price/Free Cashflow

12.78

CUBI Price/Sales (Trailing)

CUBI Profitability

EBT Margin

24.19%

Return on Equity

15.27%

Return on Assets

1.17%

Free Cashflow Yield

7.82%

CUBI Fundamentals

CUBI Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

28.28%

Rev. Growth (Qtr)

-8.08%

CUBI Earnings

Earnings (TTM)

250.1M

Earnings Growth (Yr)

116.27%

Earnings Growth (Qtr)

-28.43%

Breaking Down CUBI Revenue

Last 7 days

8.7%

Last 30 days

-3.0%

Last 90 days

-5.1%

Trailing 12 Months

164.0%

How does CUBI drawdown profile look like?

CUBI Financial Health

CUBI Investor Care

Buy Backs (1Y)

0.37%

Diluted EPS (TTM)

7.32

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
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?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	342,591	851,969	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	40.16	822,101	3,650,260	-%
Apr 22, 2024	Rosenberg Matthew Hamilton	sold off	-100	-288	-	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	82.69	1,189,210	2,932,100	-%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-1.00	-89,000	914,000	0.01%
Apr 19, 2024	Cutler Group LLC / CA	sold off	-100	-23,000	-	-%
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-1.71	-120,825	476,867	0.01%
Apr 19, 2024	Arcus Capital Partners, LLC	sold off	-100	-183,117	-	-%
Apr 19, 2024	DENALI ADVISORS LLC	reduced	-59.57	-3,072,180	1,822,290	0.54%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	2.77	-787,926	13,893,600	0.02%

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
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
Jan 26, 2023	blackrock inc.	14.4%	4,675,688	SC 13G/A

Recent SEC filings of Customers Bancorp Inc

View All Filings

Date Filed	Form Type	Document
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
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading

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	553.3B	171.1B	-2.31%	36.49%	11.17	3.23	60.72%	31.52%
BAC	302.1B	130.3B	3.56%	28.93%	11.39	2.32	79.51%	-3.68%
WFC	218.1B	85.7B	6.72%	47.09%	11.39	2.55	41.49%	39.96%
C	119.7B	133.3B	3.01%	27.78%	12.98	0.9	79.09%	-
CFG	16.0B	10.2B	-0.51%	22.27%	9.98	1.57	44.53%	-22.43%
KEY	13.8B	7.9B	-2.00%	32.35%	14.22	1.74	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.92%	23.45%	7.92	1.67	56.25%	-23.46%
ZION	6.2B	3.9B	2.71%	47.68%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	1.85%	41.72%	12.28	2.58	43.24%	-22.35%
ASB	3.2B	2.0B	3.40%	20.85%	17.57	1.64	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.1M	164.9M	-1.69%	36.50%	35.41	2.51	42.66%	-70.76%
AROW	383.0M	162.6M	-4.81%	4.19%	12.74	2.36	25.39%	-38.37%
ACNB	291.3M	96.6M	-3.52%	8.70%	9.19	3.01	11.02%	-11.37%
ASRV	45.6M	60.9M	-2.56%	-9.83%	-13.63	0.75	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-8.1%	346	376	330	315	270	236	196	183	214	243	163	161	153	140	125	125	124	127	112	101	103
EBITDA Margin	2.8%	0.77*	0.75*	0.78*	0.89*	1.06*	1.30*	1.44*	1.47*	1.47*	1.45*	1.35*	1.28*	-	-	-	-	-	-	-	-	-
Interest Expenses	-13.6%	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	62.00
Income Taxes	-7.1%	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	5.00
Earnings Before Taxes	-23.9%	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	23.00
EBT Margin	10.5%	0.24*	0.22*	0.22*	0.26*	0.33*	0.45*	0.53*	0.55*	0.57*	0.57*	0.52*	0.47*	-	-	-	-	-	-	-	-	-
Net Income	-28.4%	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	18.00
Net Income Margin	9.0%	0.18*	0.17*	0.17*	0.20*	0.26*	0.36*	0.42*	0.44*	0.40*	0.38*	0.33*	0.29*	-	-	-	-	-	-	-	-	-
Free Cashflow	-187.3%	-118	136	89.00	17.00	-299	109	49.00	117	21.00	-14.91	89.00	200	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.5%	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	9,833
Cash Equivalents	12.5%	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	62.00
Net PPE	-5.4%	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	11.00
Liabilities	-3.0%	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	8,877
Shareholder's Equity	4.9%	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	957
Retained Earnings	5.3%	1,160	1,101	1,018	974	924	899	837	781	706	607	497	439	439	386	339	320	382	358	334	328	317
Additional Paid-In Capital	0.9%	565	559	556	552	552	549	546	542	542	526	519	515	456	453	451	447	444	441	439	437	434
Shares Outstanding	0.4%	31.00	31.00	31.00	31.00	32.00	32.00	32.00	33.00	33.00	33.00	32.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-187.0%	-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	-0.89
Share Based Compensation	-28.1%	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	3.00
Cashflow From Investing	192.3%	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	185
Cashflow From Financing	-129.4%	-615	-268	224	769	560	35.00	1,110	-449	567	-752	769	171	-359	941	5,679	512	-234	507	986	258	-788
Buy Backs	-	-	-	-	40.00	5.00	-	22.00	6.00	28.00	-	-	-	-	-	-	-	-	-	-	1.00	13.00

CUBI Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans and leases	$ 996,517	$ 743,949	$ 734,012
Investment securities	200,659	119,236	40,413
Interest earning deposits	125,923	10,952	1,585
Loans held for sale	36,221	1,364	2,810
Other	8,040	9,872	2,064
Total interest income	1,367,360	885,373	780,884
Interest expense:
Deposits	576,437	226,239	62,641
FHLB advances	80,008	11,464	6,211
FRB advances	6,286	0	9,229
Subordinated debt	10,755	10,755	10,755
Other borrowings	6,425	13,195	6,974
Total interest expense	679,911	261,653	95,810
Net interest income	687,449	623,720	685,074
Provision for credit losses	74,611	60,066	27,426
Net interest income after provision for credit losses	612,838	563,654	657,648
Non-interest income:
Commercial lease income	36,179	27,719	21,107
Loan fees	20,216	12,188	7,527
Bank-owned life insurance	11,777	15,697	8,416
Mortgage warehouse transactional fees	4,395	6,738	12,874
Gain (loss) on sale of SBA and other loans	(1,200)	3,155	11,327
Loss on sale of capital call lines of credit	(5,037)	0	0
Loss on sale of consumer installment loans	0	(23,465)	0
Net gain (loss) on sale of investment securities	(574)	(23,164)	31,392
Loss on sale of foreign subsidiaries	0	0	(2,840)
Loss on cash flow hedge derivative terminations	0	0	(24,467)
Legal settlement gain	0	7,519	0
Other	4,809	5,885	12,531
Total non-interest income	70,565	32,272	77,867
Non-interest expense:
Salaries and employee benefits	133,275	112,365	108,202
Technology, communication and bank operations	65,550	84,998	83,544
Commercial lease depreciation	29,898	22,978	17,824
Professional services	35,177	27,465	26,688
Loan servicing	17,075	15,023	10,763
Occupancy	10,070	13,606	12,143
FDIC assessments, non-income taxes, and regulatory fees	35,036	8,869	10,061
Advertising and promotion	3,095	2,541	1,520
Deposit relationship adjustment fees	0	0	6,216
Legal settlement expense	4,096	0	0
Other	19,391	16,784	17,346
Total non-interest expense	352,663	304,629	294,307
Income before income tax expense	330,740	291,297	441,208
Income tax expense	80,597	63,263	86,940
Net income from continuing operations	250,143	228,034	354,268
Loss from discontinued operations before income tax expense	0	0	(20,354)
Income tax expense from discontinued operations	0	0	19,267
Net loss from discontinued operations	0	0	(39,621)
Net income	250,143	228,034	314,647
Preferred stock dividends	14,695	9,632	11,693
Loss on redemption of preferred stock	0	0	2,820
Net income available to common shareholders	235,448	218,402	300,134
Net income available to common shareholders	$ 235,448	$ 218,402	$ 300,134
Basic earnings per common share from continuing operations (usd per share)	$ 7.49	$ 6.69	$ 10.51
Basic earnings per common share (usd per share)	7.49	6.69	9.29
Diluted earnings (loss) per common share from continuing operations (usd per share)	7.32	6.51	10.08
Diluted earnings per common share (usd per share)	$ 7.32	$ 6.51	$ 8.91

CUBI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 45,210	$ 58,025
Interest earning deposits	3,801,136	397,781
Cash and cash equivalents	3,846,346	455,806
Investment securities, at fair value (includes allowance for credit losses of $3,952 and $578, respectively)	2,405,640	2,987,500
Investment securities held to maturity	1,103,170	840,259
Loans held for sale (includes $189,277 and $322, respectively, at fair value)	340,317	328,312
Loans receivable, mortgage warehouse, at fair value	897,912	1,323,312
Loans receivable, PPP	74,735	998,153
Loans and leases receivable	11,889,120	13,144,894
Allowance for credit losses on loans and leases	(135,311)	(130,924)
Total loans and leases receivable, net of allowance for credit losses on loans and leases	12,726,456	15,335,435
FHLB, Federal Reserve Bank, and other restricted stock	109,548	74,196
Accrued interest receivable	114,766	123,374
Bank premises and equipment, net	7,371	9,025
Bank-owned life insurance	292,193	338,441
Goodwill and other intangibles	3,629	3,629
Other assets	366,829	400,135
Total assets	21,316,265	20,896,112
Deposits:
Demand, non-interest bearing	4,422,494	1,885,045
Interest bearing	13,497,742	16,271,908
Total deposits	17,920,236	18,156,953
FHLB advances	1,203,207	800,000
Other borrowings	123,840	123,580
Subordinated debt	182,230	181,952
Accrued interest payable and other liabilities	248,358	230,666
Total liabilities	19,677,871	19,493,151
Commitments and contingencies (NOTE 22)
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 December 31, 2023 and 2022	137,794	137,794
Common stock, par value $1.00 per share; 200,000,000 shares authorized; 35,459,342 and 35,012,250 shares issued as of December 31, 2023 and 2022; 31,440,906 and 32,373,697 shares outstanding as of December 31, 2023 and 2022	35,459	35,012
Additional paid in capital	564,538	551,721
Retained earnings	1,159,582	924,134
Accumulated other comprehensive income (loss), net	(136,569)	(163,096)
Treasury stock, at cost (4,018,436 and 2,638,553 shares as of December 31, 2023 and 2022)	(122,410)	(82,604)
Total shareholders’ equity	1,638,394	1,402,961
Total liabilities and shareholders’ equity	$ 21,316,265	$ 20,896,112

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 Tue Apr 23 2024, market cap of Customers Bancorp Inc is 1.59 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 Tue Apr 23 2024, CUBI's PE ratio (Price to Earnings) is 6.34 and Price to Sales (PS) ratio is 1.16. 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 0.11 (multiply by 100 for percentage) rate of return.