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. More Details
Undervalued with excellent balance sheet.
Share Price & News
How has Customers Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CUBI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CUBI underperformed the US Banks industry which returned -31.7% over the past year.
Return vs Market: CUBI underperformed the US Market which returned 10.9% over the past year.
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
3 weeks ago | Simply Wall StCustomers Bancorp's (NYSE:CUBI) Stock Price Has Reduced 54% In The Past Three Years
1 month ago | Simply Wall StOur Take On Customers Bancorp's (NYSE:CUBI) CEO Salary
2 months ago | Simply Wall StHave Insiders Been Selling Customers Bancorp, Inc. (NYSE:CUBI) Shares?
Is Customers Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CUBI ($10.82) is trading below our estimate of fair value ($21.63)
Significantly Below Fair Value: CUBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CUBI is good value based on its PE Ratio (5.1x) compared to the US Banks industry average (9.3x).
PE vs Market: CUBI is good value based on its PE Ratio (5.1x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: CUBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CUBI is good value based on its PB Ratio (0.4x) compared to the US Banks industry average (0.8x).
How is Customers Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CUBI's earnings are forecast to decline over the next 3 years (-8.8% per year).
Earnings vs Market: CUBI's earnings are forecast to decline over the next 3 years (-8.8% per year).
High Growth Earnings: CUBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CUBI's revenue is expected to decline over the next 3 years (-7% per year).
High Growth Revenue: CUBI's revenue is forecast to decline over the next 3 years (-7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CUBI's Return on Equity is forecast to be low in 3 years time (9%).
How has Customers Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUBI has high quality earnings.
Growing Profit Margin: CUBI's current net profit margins (18.3%) are higher than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: CUBI's earnings have declined by 2.5% per year over the past 5 years.
Accelerating Growth: CUBI's earnings growth over the past year (91.8%) exceeds its 5-year average (-2.5% per year).
Earnings vs Industry: CUBI earnings growth over the past year (91.8%) exceeded the Banks industry -3%.
Return on Equity
High ROE: CUBI's Return on Equity (8%) is considered low.
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
Financial Institutions Analysis
Asset Level: CUBI's Assets to Equity ratio (17.8x) is moderate.
Allowance for Bad Loans: CUBI has a sufficient allowance for bad loans (185%).
Low Risk Liabilities: 65% of CUBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: CUBI has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: CUBI's Loans to Deposits ratio (134%) is high.
Level of Bad Loans: CUBI has an appropriate level of bad loans (0.6%).
What is Customers Bancorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CUBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CUBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CUBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CUBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CUBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jay Sidhu (68 yo)
Mr. Jay S. Sidhu is Founder of Customers Bancorp. Mr. Sidhu serves as Chairman and Chief Executive Officer of Customers Bancorp, Executive Chairman of Customers Bank and BankMobile. Mr. Sidhu joined the ...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD3.05M) is above average for companies of similar size in the US market ($USD2.03M).
Compensation vs Earnings: Jay's compensation has increased by more than 20% in the past year.
|Executive VP||1.83yrs||US$791.13k||0.027% |
|Senior EVP & Chief Administration Officer||no data||US$313.62k||no data|
|Head of Corporate Development & COO||0.67yr||no data||0.13% |
|Senior VP||0.42yr||no data||0.0062% |
|Director of Investor Relations & Strategic Planning||no data||no data||no data|
|Senior Vice President||no data||US$145.98k||no data|
|Senior Vice President||10.08yrs||no data||no data|
|Regional Chief Lending Officer||10.08yrs||no data||no data|
|Senior Vice President||10.08yrs||no data||no data|
|Chief Auditor & Executive VP||5.42yrs||no data||no data|
Experienced Management: CUBI's management team is seasoned and experienced (10.1 years average tenure).
|Senior EVP||0.25yr||no data||no data|
|Lead Independent Director||no data||US$146.22k||0.27% |
|Independent Director||11.67yrs||US$125.02k||0.17% |
|Independent Director||0.17yr||no data||0.0050% |
|Independent Director||4.25yrs||US$114.41k||0.066% |
|Independent Director||15.67yrs||US$125.02k||0.69% |
|Independent Director||7.67yrs||US$103.80k||2.15% |
|Independent Director||4.42yrs||US$125.02k||0.20% |
Experienced Board: CUBI's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CUBI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Customers Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Customers Bancorp, Inc.
- Ticker: CUBI
- Exchange: NYSE
- Founded: 1994
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$340.987m
- Shares outstanding: 31.51m
- Website: https://www.customersbank.com
Number of Employees
- Customers Bancorp, Inc.
- 1015 Penn Avenue
- Suite 103
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CUBI||NYSE (New York Stock Exchange)||Yes||Voting Common Stock||US||USD||Feb 2012|
|0I5Z||LSE (London Stock Exchange)||Yes||Voting Common Stock||GB||USD||Feb 2012|
|CUBI.PRC||NYSE (New York Stock Exchange)||7% PFD-C FIX/FLT||US||USD||May 2015|
|CUBI.PRD||NYSE (New York Stock Exchange)||PFD-D FIX/FLT||US||USD||Jan 2016|
|CUBI.PRE||NYSE (New York Stock Exchange)||PFD CUM SER E||US||USD||Apr 2016|
|CUBI.PRF||NYSE (New York Stock Exchange)||PFD NONCUM SER F||US||USD||Sep 2016|
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. It operates in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/25 06:17|
|End of Day Share Price||2020/09/24 00:00|
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.