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.

Customers Bancorp (NYSE:CUBI) last issued its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.02. The business had revenue of $99.10 million for the quarter, compared to analysts’ expectations of $93.36 million. Customers Bancorp had a return on equity of 9.72% and a net margin of 13.45%. During the same quarter in the prior year, the firm posted $0.62 EPS. Equities analysts forecast that Customers Bancorp will post 2.2 earnings per share for the current year.

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.

Featured Story: Trading Stocks – What are percentage gainers?

Receive News & Ratings for Customers Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Customers Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.