3340 Stock Overview

Operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. More details

3340 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 69.1% below our estimate of its fair value

Earnings are forecast to grow 6.63% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for 3340 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Customers Bancorp, Inc. Competitors

ProCredit Holding

XTRA:PCZ

€454.7m

Hope Bancorp

NasdaqGS:HOPE

US$1.5b

Northwest Bancshares

NasdaqGS:NWBI

US$1.7b

Jiangsu Zijin Rural Commercial BankLtd

SHSE:601860

CN¥10.4b

Price History & Performance

Summary of share price highs, lows and changes for Customers Bancorp
Historical stock prices
Current Share Price	US$23.60
52 Week High	US$24.80
52 Week Low	US$22.20
Beta	1.66
1 Month Change	-4.84%
3 Month Change	5.36%
1 Year Change	5.36%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	25.37%

Recent updates

Shareholder Returns

	3340	DE Banks	DE Market
7D	1.7%	-2.0%	-2.6%
1Y	5.4%	19.2%	6.9%

Return vs Industry: 3340 underperformed the German Banks industry which returned 19.2% over the past year.

Return vs Market: 3340 underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is 3340's price volatile compared to industry and market?
3340 volatility
3340 Average Weekly Movement	2.5%
Banks Industry Average Movement	3.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 3340 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 3340's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	713	Jay Sidhu	www.customersbank.com

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, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services.

Customers Bancorp, Inc. Fundamentals Summary

How do Customers Bancorp's earnings and revenue compare to its market cap?
3340 fundamental statistics
Market cap	€1.43b
Earnings (TTM)	€193.01m
Revenue (TTM)	€644.82m

7.4x

P/E Ratio

0.9x

P/B Ratio

Is 3340 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3340 income statement (TTM)
Revenue	US$672.81m
Cost of Revenue	US$0
Gross Profit	US$672.81m
Other Expenses	US$471.42m
Earnings	US$201.39m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.42
Gross Margin	100.00%
Net Profit Margin	29.93%
Debt/Equity Ratio	78.8%

How did 3340 perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:50
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Customers Bancorp, Inc. is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Matthew Schultheis	Boenning & Scattergood, Inc.
Harold Goetsch	B. Riley Securities, Inc.
Stephen Moss	CGS International