CUBI Stock - Customers Bancorp, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.36B | $1.42B | $895.10M | $844.61M | $600.55M |
| Gross Profit | $614.05M | $666.33M | $573.38M | $721.38M | $398.16M |
| Gross Margin | 45.1% | 46.9% | 64.1% | 85.4% | 66.3% |
| Operating Income | $224.37M | $330.74M | $291.30M | $441.21M | $189.76M |
| Net Income | $181.47M | $250.14M | $228.03M | $314.65M | $132.58M |
| Net Margin | 13.3% | 17.6% | 25.5% | 37.3% | 22.1% |
| EPS | $5.28 | $7.49 | $6.69 | $10.51 | $4.09 |
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. The company offers deposits products, including checking, savings, MMDA, and other deposits accounts. It offers loan products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans, and installment loans. It also offers traditional banking activities, including mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box services, remote deposit capture services, courier services, merchant processing services, cash vault, controlled disbursements, positive pay, cash management services, such as account reconciliation, collections, and sweep accounts. It operates 12 full-service branches, as well as limited production and administrative offices in Southeastern Pennsylvania, including Bucks, Berks, Chester, Philadelphia, and Delaware Counties; Harrisburg, Pennsylvania; Rye Brook and New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Washington D.C.; Chicago, Illinois; Dallas, Texas; Orlando, Florida; and Wilmington, North Carolina. Customers Bancorp, Inc. was founded in 1994 and is headquartered in West Reading, Pennsylvania.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 8th 2025 | Morgan Stanley | Initiation | Equal Weight | $90 |
| October 30th 2025 | Hovde Group | Reiterated | Market Perform | $75← $70 |
| September 25th 2025 | TD Cowen | Initiation | Buy | $89 |
| November 4th 2024 | Keefe Bruyette | Downgrade | Market Perform | $52← $57 |
| September 24th 2024 | Wedbush | Downgrade | Neutral | $53← $79 |
| August 9th 2024 | Hovde Group | Downgrade | Market Perform | $49 |
| May 2nd 2024 | Hovde Group | Reiterated | Outperform | $63← $66 |
| December 6th 2023 | B. Riley Securities | Resumed | Buy | $62 |
| September 29th 2023 | Raymond James | Initiation | Strong Buy | $60 |
| October 28th 2022 | DA Davidson | Upgrade | Buy | $44← $42 |
| September 28th 2022 | Wedbush | Resumed | Outperform | $45 |
Earnings History & Surprises
CUBIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Jan 22, 2026 | $2.03 | — | — | — |
Q4 2025 | Oct 23, 2025 | $1.90 | $2.20 | +15.8% | ✓ BEAT |
Q3 2025 | Jul 24, 2025 | $1.50 | $1.80 | +20.0% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $1.28 | $1.54 | +20.3% | ✓ BEAT |
Q1 2025 | Jan 23, 2025 | $1.21 | $1.36 | +12.4% | ✓ BEAT |
Q4 2024 | Oct 31, 2024 | $1.43 | $1.34 | -6.3% | ✗ MISS |
Q3 2024 | Jul 25, 2024 | $1.43 | $1.49 | +4.2% | ✓ BEAT |
Q2 2024 | Apr 25, 2024 | $1.63 | $1.40 | -14.1% | ✗ MISS |
Q1 2024 | Jan 25, 2024 | $1.72 | $1.79 | +4.1% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $1.59 | $2.58 | +62.3% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $1.46 | $1.39 | -4.8% | ✗ MISS |
Q2 2023 | Apr 27, 2023 | $1.18 | $1.55 | +31.4% | ✓ BEAT |
Q1 2023 | Jan 25, 2023 | $1.66 | $1.19 | -28.3% | ✗ MISS |
Q4 2022 | Oct 26, 2022 | $2.13 | $1.85 | -13.1% | ✗ MISS |
Q3 2022 | Jul 27, 2022 | $1.76 | $1.68 | -4.5% | ✗ MISS |
Q2 2022 | Apr 27, 2022 | $1.62 | $2.18 | +34.6% | ✓ BEAT |
Q1 2022 | Jan 24, 2022 | $2.85 | $2.87 | +0.7% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $1.98 | $3.47 | +75.3% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $2.05 | $1.82 | -11.2% | ✗ MISS |
Latest News
Morgan Stanley Initiates Coverage On Customers Bancorp with Equal-Weight Rating, Announces Price Target of $90
➖ NeutralStephens & Co. Maintains Equal-Weight on Customers Bancorp, Raises Price Target to $68
📈 PositiveKeefe, Bruyette & Woods Maintains Market Perform on Customers Bancorp, Raises Price Target to $82
📈 PositiveTD Cowen Maintains Buy on Customers Bancorp, Raises Price Target to $95
📈 PositiveDA Davidson Maintains Buy on Customers Bancorp, Raises Price Target to $88
📈 PositiveCustomers Bancorp Q3 Adj. EPS $2.20 Beats $1.93 Estimate, Sales $201.912M Beat $192.583M Estimate
📈 PositiveTD Cowen Initiates Coverage On Customers Bancorp with Buy Rating, Announces Price Target of $89
📈 PositiveB. Riley Securities Maintains Buy on Customers Bancorp, Raises Price Target to $86
📈 PositiveKeefe, Bruyette & Woods Maintains Market Perform on Customers Bancorp, Raises Price Target to $76
📈 PositiveCustomers Bancorp drops ~6%, prices stock at $68.50 per share
📉 NegativeReported Earlier, Customers Bancorp Prices $150M Public Offering Of 2,189,781 Voting Common Stock Shares At $68.50 Per Share
➖ NeutralCustomers Bancorp shares are trading lower after the company announced it filled for a $150 million offering.
📉 NegativeCustomers Bancorp Files For Offering Of $150M Shares Of Common Stock
📉 NegativeCustomers Bancorp Files For Mixed Shelf Offering; Size Not Disclosed
➖ NeutralFrequently Asked Questions about CUBI
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