Customers BancorpCUBI
About: Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.
Employees: 714
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
63% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $1.41M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
29% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 69
1.57% more ownership
Funds ownership: 88.36% [Q1] → 89.92% (+1.57%) [Q2]
6% less funds holding
Funds holding: 239 [Q1] → 224 (-15) [Q2]
7% less capital invested
Capital invested by funds: $1.47B [Q1] → $1.37B (-$109M) [Q2]
36% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 42
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Raymond James Steve Moss 80% 1-year accuracy 8 / 10 met price target | 46%upside $70 | Strong Buy Maintained | 2 Oct 2024 |
Wedbush David Chiaverini 70% 1-year accuracy 40 / 57 met price target | 11%upside $53 | Neutral Downgraded | 24 Sept 2024 |
Keefe, Bruyette & Woods Kelly Motta 69% 1-year accuracy 11 / 16 met price target | 31%upside $63 | Outperform Maintained | 9 Aug 2024 |
DA Davidson Peter Winter 91% 1-year accuracy 10 / 11 met price target | 65%upside $79 | Buy Maintained | 29 Jul 2024 |
B. Riley Securities Hal Goetsch 65% 1-year accuracy 15 / 23 met price target | 63%upside $78 | Buy Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 50 articles about CUBI published over the past 30 days