Customers Bancorp, Inc.

CUBI

US23204G1004

Banks

Market Closed - Nyse Other stock markets 10:30:02 03/07/2024 pm IST			5-day change	1st Jan Change
48.39 ^USD	-2.04%		+3.05%	-16.02%

03/07	First Foundation plunges as 'unexpected' fund raise puts real estate loans in focus	RE
03/07	Jefferies Adjusts Price Target on Customers Bancorp to $57 From $59, Maintains Buy Rating	MT

Customers Bancorp, Inc. announces an Equity Buyback for 497,509 shares.

July 01, 2024 at 06:06 pm IST

Customers Bancorp, Inc. (NYSE:CUBI) announces a share repurchase program. Under the program, the company will repurchase up to 497,509 shares. The company will fund any repurchases with cash on hand.

The program is valid for one-year period.

Latest news about Customers Bancorp, Inc.

First Foundation plunges as 'unexpected' fund raise puts real estate loans in focus	04/07	RE
Jefferies Adjusts Price Target on Customers Bancorp to $57 From $59, Maintains Buy Rating	03/07	MT
Customers Bancorp's Board Authorizes Repurchase of Nearly 500,000 Shares	01/07	MT
Customers Bancorp, Inc. announces an Equity Buyback for 497,509 shares.	01/07	CI
Customers Bancorp, Inc. authorizes a Buyback Plan.	26/06	CI
Raymond James Raises Price Target on Customers Bancorp to $75 From $72, Says Selloff Creates Opportunity; Strong Buy Kept	29/04	MT
Transcript : Customers Bancorp, Inc., Q1 2024 Earnings Call, Apr 26, 2024	26/04
Wedbush Trims Customers Bancorp's PT to $61 From $63 After Mixed Q1 Results, Keeps Outperform Rating	26/04	MT
Customers Bancorp Q1 Core Earnings Decline, Revenue Rises	26/04	MT
Earnings Flash (CUBI) CUSTOMERS BANCORP Reports Q1 EPS $1.68, vs. Street Est of $1.63	26/04	MT
Customers Bancorp, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2024	26/04	CI
Customers Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	26/04	CI
Customers Bancorp, Inc. Announces Termination of Carla A. Leibold as Executive Vice President	26/04	CI
Customers Bancorp, Inc. Announces CFO Changes	13/04	CI
Customers Bancorp Insider Sold Shares Worth $1,904,464, According to a Recent SEC Filing	13/03	MT
Raymond James Raises Price Target on Customers Bancorp to $72 From $65, Maintains Strong Buy Rating	29/01	MT
B. Riley Raises Customers Bancorp's PT to $77 From $62 After 'Strong' Q4 2023 Results, Keeps Buy Rating	29/01	MT
Transcript : Customers Bancorp, Inc., Q4 2023 Earnings Call, Jan 26, 2024	26/01
Wedbush Lowers Customers Bancorp's Price Target to $65 From $70, Keeps Outperform Rating	26/01	MT
Customers Bancorp Q4 Earnings, Revenue Rise; Shares Climb After Hours	26/01	MT
Earnings Flash (CUBI) CUSTOMERS BANCORP Posts Q4 EPS $1.90, vs. Street Est of $1.75	26/01	MT
Customers Bancorp, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	26/01	CI
Customers Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	26/01	CI
Raymond James Adjusts Price Target on Customers Bancorp to $65 From $60, Maintains Strong Buy Rating	18/12	MT
Customers Bancorp Insider Sold Shares Worth $485,436, According to a Recent SEC Filing	07/12	MT

Customers Bancorp, Inc. is a bank holding company, which is engaged in banking activities through its subsidiary, Customers Bank (the Bank). The Bank provides banking products, primarily loans and deposits, to businesses and consumers through its branches, limited production offices and administrative offices in Berks County and Southeastern Pennsylvania, New York, Hamilton, New Jersey, Boston, Massachusetts, and other geographies. The Bank administratively supports loans and other financial products, including equipment finance leases, to customers. It also offers venture banking loan portfolios. The Bank serves specialty businesses nationwide, including its commercial loans to mortgage companies, commercial equipment financing, SBA lending, specialty lending and consumer loans through relationships with fintech companies. The Bankâs specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare, and financial institutions group.

Sector

Banks

Calendar

24/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Customers Bancorp, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

48.39 USD

Average target price

64.9 USD

Spread / Average Target

+34.12%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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