DA Davidson Forecasts Weaker Earnings for Customers Bancorp

Customers Bancorp, Inc. (NYSE:CUBI) – Equities research analysts at DA Davidson reduced their Q1 2025 earnings per share estimates for Customers Bancorp in a report issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will post earnings of $1.33 per share for the quarter, down from their prior estimate of $1.36. DA Davidson has a “Buy” rating and a $71.00 price objective on the stock. The consensus estimate for Customers Bancorp’s current full-year earnings is $6.45 per share. DA Davidson also issued estimates for Customers Bancorp’s FY2026 earnings at $7.06 EPS.

Several other equities analysts have also recently issued reports on CUBI. Stephens restated an “equal weight” rating and issued a $58.00 price target on shares of Customers Bancorp in a research report on Friday, January 24th. Maxim Group boosted their target price on Customers Bancorp from $75.00 to $80.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Customers Bancorp from $62.00 to $67.00 and gave the company a “market perform” rating in a research report on Monday, January 27th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Customers Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $64.00.

Customers Bancorp Trading Up 1.9 %

NYSE CUBI opened at $51.73 on Thursday. Customers Bancorp has a one year low of $42.31 and a one year high of $68.49. The firm has a market cap of $1.63 billion, a PE ratio of 10.18 and a beta of 1.74. The firm’s fifty day moving average is $53.63 and its two-hundred day moving average is $51.01. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.95 and a current ratio of 0.96.

Customers Bancorp (NYSE:CUBI) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $1.36 EPS for the quarter, beating the consensus estimate of $1.21 by $0.15. Customers Bancorp had a net margin of 13.07% and a return on equity of 12.29%.

Insider Buying and Selling

In other Customers Bancorp news, insider Glenn Hedde sold 15,815 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $58.25, for a total transaction of $921,223.75. Following the sale, the insider now owns 55,211 shares in the company, valued at approximately $3,216,040.75. This represents a 22.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jay S. Sidhu sold 33,173 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $57.25, for a total value of $1,899,154.25. Following the completion of the transaction, the chief executive officer now directly owns 1,032,723 shares of the company’s stock, valued at approximately $59,123,391.75. This trade represents a 3.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 115,988 shares of company stock worth $6,627,318 in the last quarter. Company insiders own 6.92% of the company’s stock.

Institutional Trading of Customers Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Picton Mahoney Asset Management lifted its holdings in Customers Bancorp by 47.7% in the 4th quarter. Picton Mahoney Asset Management now owns 585 shares of the bank’s stock valued at $28,000 after purchasing an additional 189 shares in the last quarter. R Squared Ltd purchased a new position in shares of Customers Bancorp during the fourth quarter valued at approximately $42,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Customers Bancorp during the fourth quarter valued at approximately $46,000. KBC Group NV grew its stake in Customers Bancorp by 82.8% in the 4th quarter. KBC Group NV now owns 1,495 shares of the bank’s stock worth $73,000 after acquiring an additional 677 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in Customers Bancorp by 323.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,643 shares of the bank’s stock valued at $80,000 after acquiring an additional 1,255 shares during the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

About Customers Bancorp

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.