Customers Bancorp Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $34.095
- Today's High:
- $35.05
- Open Price:
- $34.67
- 52W Low:
- $15.8
- 52W High:
- $41.4
- Prev. Close:
- $34.26
- Volume:
- 210329
Company Statistics
- Market Cap.:
- $792.19 million
- Book Value:
- 41.077
- Revenue TTM:
- $566.92 million
- Operating Margin TTM:
- 46.78%
- Gross Profit TTM:
- $588.41 million
- Profit Margin:
- 36.16%
- Return on Assets TTM:
- 1%
- Return on Equity TTM:
- 14.65%
Company Profile
Customers Bancorp Inc had its IPO on 2012-02-21 under the ticker symbol CUBI.
The company operates in the Financial Services sector and Banks-Regional industry. Customers Bancorp Inc has a staff strength of 665 employees.
Stock update
Shares of Customers Bancorp Inc opened at $34.67 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $34.1 - $35.05, and closed at $34.42.
This is a +0.47% increase from the previous day's closing price.
A total volume of 210,329 shares were traded at the close of the day’s session.
In the last one week, shares of Customers Bancorp Inc have slipped by -4.89%.
Customers Bancorp Inc's Key Ratios
Customers Bancorp Inc has a market cap of $792.19 million, indicating a price to book ratio of 0.7762 and a price to sales ratio of 1.3122.
In the last 12-months Customers Bancorp Inc’s revenue was $566.92 million with a gross profit of $588.41 million and an EBITDA of $0. The EBITDA ratio measures Customers Bancorp Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Customers Bancorp Inc’s operating margin was 46.78% while its return on assets stood at 1% with a return of equity of 14.65%.
In Q1, Customers Bancorp Inc’s quarterly earnings growth was a negative -28.9% while revenue growth was a negative 12.6%.
Customers Bancorp Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 4.0887
- PEG
- 0
Its diluted EPS in the last 12-months stands at $6.2 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Customers Bancorp Inc’s profitability.
Customers Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.3122.
Customers Bancorp Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $21.75 billion
- Total Liabilities
- $249.17 million
- Operating Cash Flow
- $804.65 million
- Capital Expenditure
- $2.21 million
- Dividend Payout Ratio
- 0%
Customers Bancorp Inc ended 2024 with $21.75 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $21.75 billion while shareholder equity stood at $1.42 billion.
Customers Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $249.17 million in other current liabilities, 35258000.00 in common stock, $974.40 million in retained earnings and $0 in goodwill. Its cash balance stood at $2.05 billion and cash and short-term investments were $3.00 billion. The company’s total short-term debt was $0 while long-term debt stood at $2.36 billion.
Customers Bancorp Inc’s total current assets stands at $17.64 billion while long-term investments were $3.80 billion and short-term investments were $2.93 billion. Its net receivables were $123.75 million compared to accounts payable of $249.17 million and inventory worth $0.
In 2024, Customers Bancorp Inc's operating cash flow was $804.65 million while its capital expenditure stood at $2.21 million.
Comparatively, Customers Bancorp Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $34.42
- 52-Week High
- $41.4
- 52-Week Low
- $15.8
- Analyst Target Price
- $34
Customers Bancorp Inc stock is currently trading at $34.42 per share. It touched a 52-week high of $41.4 and a 52-week low of $41.4. Analysts tracking the stock have a 12-month average target price of $34.
Its 50-day moving average was $36.95 and 200-day moving average was $28.48 The short ratio stood at 3.97 indicating a short percent outstanding of 0%.
Around 758.5% of the company’s stock are held by insiders while 8794.6% are held by institutions.
Frequently Asked Questions About Customers Bancorp Inc
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About
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 provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare and financial institutions group finance; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, which includes secured and variable rate financing, private equity funds, and cash management services. In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, an blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts. The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.