Customers Bancorp (NYSE:CUBI) Releases FY 2025 After-Hours Earnings Guidance
Customers Bancorp (NYSE:CUBI) updated its FY 2025
After-Hours earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 6.00-6.00 for the period. Customers Bancorp also updated its FY 2020
After-Hours guidance to 3.00-3.00 EPS.
Several research firms have recently weighed in on CUBI. Maxim Group reiterated a buy rating and set a $38.00 price target on shares of Customers Bancorp in a research note on Friday, October 25th. Zacks Investment Research downgraded Customers Bancorp from a hold rating to a sell rating in a research note on Friday, January 10th. ValuEngine upgraded Customers Bancorp from a strong sell rating to a sell rating in a research note on Saturday, January 4th. Finally, TheStreet upgraded Customers Bancorp from a c rating to a b- rating in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $32.00.
CUBI traded up $1.59 during trading on Thursday, reaching $24.29. 3,962 shares of the company were exchanged, compared to its average volume of 113,686. The company’s 50-day moving average is $23.32 and its two-hundred day moving average is $21.58. The company has a market cap of $695.00 million, a price-to-earnings ratio of 13.78 and a beta of 1.09. The company has a quick ratio of 1.04, a current ratio of 1.09 and a debt-to-equity ratio of 1.43. Customers Bancorp has a 12-month low of $17.35 and a 12-month high of $25.72.
About Customers Bancorp
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 company 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, and individual retirement accounts, as well as certificates of deposit.
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