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 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
34% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 65
6% more funds holding
Funds holding: 224 [Q2] → 238 (+14) [Q3]
2.02% less ownership
Funds ownership: 91.61% [Q2] → 89.58% (-2.02%) [Q3]
5% less capital invested
Capital invested by funds: $1.39B [Q2] → $1.32B (-$71.3M) [Q3]
50% less call options, than puts
Call options by funds: $3.56M | Put options by funds: $7.1M
75% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 1 (-3) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Keefe, Bruyette & Woods Kelly Motta 55% 1-year accuracy 11 / 20 met price target | 30%upside $62 | Market Perform Maintained | 4 Dec 2024 |
Stephens & Co. Matt Breese 80% 1-year accuracy 4 / 5 met price target | 15%upside $55 | Equal-Weight Maintained | 11 Nov 2024 |
B. Riley Securities Hal Goetsch 82% 1-year accuracy 23 / 28 met price target | 68%upside $80 | Buy Maintained | 4 Nov 2024 |
Piper Sandler Frank Schiraldi 65% 1-year accuracy 17 / 26 met price target | 15%upside $55 | Neutral Maintained | 4 Nov 2024 |
Raymond James Steve Moss 88% 1-year accuracy 14 / 16 met price target | 47%upside $70 | Strong Buy Maintained | 2 Oct 2024 |
Financial journalist opinion
Based on 197 articles about CUBI published over the past 30 days