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.
Customers Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$41.47|
|52 Week High||US$10.41|
|52 Week Low||US$43.86|
|1 Month Change||5.98%|
|3 Month Change||1.22%|
|1 Year Change||283.27%|
|3 Year Change||77.91%|
|5 Year Change||68.37%|
|Change since IPO||280.14%|
Recent News & Updates
Customers Bancorp: I Continue To Remain Bullish Even With Shares At All-Time Highs
Core loan growth is poised to accelerate in the second half of the year through multiple commercial lending categories. Profitability metrics are trending more positive and earnings momentum is likely to drive a higher valuation in the near future. The margin looks likely to hold steady near current levels, aiding overall earnings growth.
Customers Bancorp: Earnings Outlook Is Rosy Thanks To The Management's Efforts
The management’s plans to expand in new markets, shift the loan mix, and reduce the deposit cost will likely drive earnings this year. The company has a large amount of Paycheck Protection Program fees remaining to be booked. The year-end target price suggests a high upside from the current market price.
|CUBI||US Banks||US Market|
Return vs Industry: CUBI exceeded the US Banks industry which returned 75.2% over the past year.
Return vs Market: CUBI exceeded the US Market which returned 36.2% over the past year.
Stable Share Price: CUBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CUBI's weekly volatility (7%) has been stable over the past year.
About the Company
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 two segments, Customers Bank Business Banking and BankMobile. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, non-interest-bearing demand accounts, individual retirement accounts, and other deposit accounts, as well as non-retail time deposits.
Customers Bancorp Fundamentals Summary
|CUBI fundamental statistics|
Is CUBI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CUBI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.96|
|Net Profit Margin||36.59%|
How did CUBI perform over the long term?See historical performance and comparison
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 ($41.47) is trading below our estimate of fair value ($71.8)
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 (6.1x) compared to the US Banks industry average (10.7x).
PE vs Market: CUBI is good value based on its PE Ratio (6.1x) compared to the US market (17.7x).
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 overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Customers Bancorp forecast to perform in the next 1 to 3 years based on estimates from 8 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 (-16.8% per year).
Earnings vs Market: CUBI's earnings are forecast to decline over the next 3 years (-16.8% 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 (-9.7% per year).
High Growth Revenue: CUBI's revenue is forecast to decline over the next 3 years (-9.7% 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 (14.2%).
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 (36.6%) are higher than last year (22.2%).
Past Earnings Growth Analysis
Earnings Trend: CUBI's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: CUBI's earnings growth over the past year (201.1%) exceeds its 5-year average (19% per year).
Earnings vs Industry: CUBI earnings growth over the past year (201.1%) exceeded the Banks industry 36%.
Return on Equity
High ROE: CUBI's Return on Equity (18.8%) 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 (15.7x) is moderate.
Allowance for Bad Loans: CUBI has a sufficient allowance for bad loans (270%).
Low Risk Liabilities: 75% 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 (86%).
Low Risk Deposits: CUBI's Loans to Deposits ratio (121%) is appropriate.
Level of Bad Loans: CUBI has an appropriate level of bad loans (0.3%).
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 (69 yo)
Mr. Jay S. Sidhu is Chairman and Chief Executive Officer of Customers Bancorp, Inc. and Executive Chairman of Customers Bank. From 1989 to 2006, Mr. Sidhu was the Chairman and CEO of Sovereign Bancorp,...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD2.33M) is below average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Experienced Management: CUBI's management team is considered experienced (2.8 years average tenure).
Experienced Board: CUBI's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Customers Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Customers Bancorp, Inc.
- Ticker: CUBI
- Exchange: NYSE
- Founded: 1997
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.278b
- Shares outstanding: 32.37m
- Website: https://www.customersbank.com
Number of Employees
- Customers Bancorp, Inc.
- 701 Reading Avenue
- West Reading
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 23:01|
|End of Day Share Price||2021/09/23 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.