NYSE:CUBI.PRD

Stock Analysis Report

Executive Summary

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to small and middle market businesses, not-for-profits, and consumers.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Customers Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

NYSE:CUBI.PRD

-1.8%

US Banks

0.2%

US Market


1 Year Return

0.5%

NYSE:CUBI.PRD

-15.3%

US Banks

-0.7%

US Market

CUBI.PRD outperformed the Banks industry which returned -13.6% over the past year.

CUBI.PRD matched the United States of America Market (0.3%) over the past year.


Share holder returns

CUBI.PRDIndustryMarket
7 Day0.7%-1.8%0.2%
30 Day0.4%-6.4%-2.7%
90 Day1.6%-4.0%1.6%
1 Year7.1%0.5%-12.9%-15.3%1.6%-0.7%
3 Year18.6%-1.6%41.3%31.7%40.0%30.9%
5 Yearn/a50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Customers Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Customers Bancorp undervalued based on future cash flows and its price relative to the stock market?

17.32x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Customers Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Customers Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Customers Bancorp is overvalued based on earnings compared to the US Banks industry average.

Customers Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Customers Bancorp is good value based on expected growth next year.


Price Based on Value of Assets

Customers Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Customers Bancorp expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

30.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Customers Bancorp's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).

Customers Bancorp's earnings are expected to grow significantly at over 20% yearly.

Customers Bancorp's revenue growth is positive but not above the United States of America market average.

Customers Bancorp's earnings growth is expected to exceed the United States of America market average.

Customers Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Customers Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Customers Bancorp performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Customers Bancorp's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Customers Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Customers Bancorp's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Customers Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Customers Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Customers Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

  • Explore strong past performing companies in the Banks industry.

Financial Health

How is Customers Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Customers Bancorp has an acceptable proportion of non-loan assets held.

Customers Bancorp has a sufficient allowance for bad loans.

Customers Bancorp's liabilities are made up of primarily low risk sources of funding.

Customers Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Customers Bancorp are broadly funded by customer deposits.

Customers Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Customers Bancorp's current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

Purchase Customers Bancorp before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Unable to evaluate Customers Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Customers Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Customers Bancorp has not reported any payouts.

Unable to verify if Customers Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Customers Bancorp has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Customers Bancorp's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average management tenure


CEO

Jay Sidhu (67yo)

9.3yrs

Tenure

US$1,829,086

Compensation

Mr. Jay S. Sidhu is Chairman and CEO of Customers Bancorp, Customers Bank (the “Bank”), BankMobile and BankMobile Technologies. Since August 2018, Mr. Sidhu has also served as the Executive Chairman of Meg ...


CEO Compensation Analysis

Jay's remuneration is about average for companies of similar size in United States of America.

Jay's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.0yrs

Average Tenure

60yo

Average Age

The average tenure for the Customers Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.6yrs

Average Tenure

67yo

Average Age

The tenure for the Customers Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jay Sidhu (67yo)

    Chairman & CEO

    • Tenure: 9.3yrs
    • Compensation: US$1.83m
  • Steve Issa (64yo)

    EVP, Chief Lending Officer & New England President of Commercial/Specialty Lending

    • Tenure: 0.0yrs
    • Compensation: US$623.58k
  • Jim Collins

    Chief Administration Officer

    • Tenure: 0.0yrs
  • Bob Ramsey

    Director of Investor Relations & Strategic Planning

    • Tenure: 0.0yrs
  • Tom Jastrem (60yo)

    Executive VP & Chief Credit Officer

    • Tenure: 0.0yrs
  • Bob Philips

    Senior Vice President

    • Tenure: 0.0yrs
    • Compensation: US$135.66k
  • Jeffrey Skumin (42yo)

    Senior VP

    • Tenure: 0.8yrs
  • Dick Ehst (72yo)

    President & COO

    • Tenure: 9.3yrs
    • Compensation: US$909.41k
  • Glenn Hedde (58yo)

    Executive VP & President of Customers Bank Warehouse Lending

    • Tenure: 0.0yrs
    • Compensation: US$668.06k
  • Carla Leibold (52yo)

    Executive VP

    • Tenure: 0.8yrs
    • Compensation: US$495.53k

Board Members

  • Jay Sidhu (67yo)

    Chairman & CEO

    • Tenure: 9.3yrs
    • Compensation: US$1.83m
  • Daniel Rothermel (81yo)

    Lead Independent Director

    • Tenure: 8.6yrs
    • Compensation: US$186.99k
  • Steve Zuckerman (55yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$152.26k
  • Andrea Allon (57yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: US$130.02k
  • Larry Way (70yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$152.26k
  • Bhanu Choudhrie (40yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$117.54k
  • Rick Burkey (73yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$152.26k

Company Information

Customers Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Customers Bancorp, Inc.
  • Ticker: CUBI.PRD
  • Exchange: NYSE
  • Founded: 1994
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$588.972m
  • Shares outstanding: 31.23m
  • Website: https://www.customersbank.com

Number of Employees


Location

  • Customers Bancorp, Inc.
  • 1015 Penn Avenue
  • Suite 103
  • Wyomissing
  • Pennsylvania
  • 19610
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CUBINYSE (New York Stock Exchange)YesVoting Common StockUSUSDFeb 2012
0I5ZLSE (London Stock Exchange)YesVoting Common StockGBUSDFeb 2012
CUBI.PRCNYSE (New York Stock Exchange)PFD-C FIX/FLTUSUSDMay 2015
CUBI.PRDNYSE (New York Stock Exchange)PFD-D FIX/FLTUSUSDJan 2016
CUBI.PRENYSE (New York Stock Exchange)PFD CUM SER EUSUSDApr 2016
CUBI.PRFNYSE (New York Stock Exchange)PFD NONCUM SER FUSUSDSep 2016

Biography

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to small and middle market businesses, not-for-profits, and consumers. The comp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:26
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.