Q1 EPS Estimates for Customers Bancorp Cut by DA Davidson

Customers Bancorp, Inc. (NYSE:CUBI) – Equities research analysts at DA Davidson lowered their Q1 2025 earnings estimates for shares of Customers Bancorp in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now forecasts that the bank will earn $1.33 per share for the quarter, down from their previous forecast of $1.36. DA Davidson currently has a “Buy” rating and a $71.00 price target 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.

CUBI has been the subject of several other research reports. Keefe, Bruyette & Woods increased their target price on shares of Customers Bancorp from $62.00 to $67.00 and gave the stock a “market perform” rating in a research note on Monday, January 27th. Maxim Group boosted their target price on Customers Bancorp from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Finally, Stephens restated an “equal weight” rating and set a $58.00 price target on shares of Customers Bancorp in a research note on Friday, January 24th. Six analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Customers Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $64.00.

Customers Bancorp Stock Performance

Shares of Customers Bancorp stock opened at $51.73 on Thursday. The business’s 50 day moving average price is $53.63 and its 200 day moving average price 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. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 10.18 and a beta of 1.74. Customers Bancorp has a one year low of $42.31 and a one year high of $68.49.

Customers Bancorp (NYSE:CUBI) last posted its quarterly earnings results on Thursday, January 23rd. The bank reported $1.36 earnings per share for the quarter, topping 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 news, CEO Jay S. Sidhu sold 67,000 shares of the firm’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $56.82, for a total value of $3,806,940.00. Following the sale, the chief executive officer now directly owns 965,723 shares in the company, valued at approximately $54,872,380.86. This trade represents a 6.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Glenn Hedde sold 15,815 shares of Customers Bancorp 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 directly owns 55,211 shares of the company’s stock, valued at approximately $3,216,040.75. This trade represents a 22.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 115,988 shares of company stock valued at $6,627,318 in the last three months. 6.92% of the stock is owned by corporate insiders.

Institutional Trading of Customers Bancorp

A number of institutional investors have recently bought and sold shares of the business. Picton Mahoney Asset Management increased its holdings in shares of 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 acquiring an additional 189 shares during the last quarter. R Squared Ltd acquired a new stake in Customers Bancorp during the fourth quarter worth approximately $42,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Customers Bancorp during the 4th quarter worth approximately $46,000. KBC Group NV boosted its holdings in shares of Customers Bancorp by 82.8% in the 4th quarter. KBC Group NV now owns 1,495 shares of the bank’s stock valued at $73,000 after buying an additional 677 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of 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 buying an additional 1,255 shares during the last quarter. 89.29% of the stock is owned by hedge funds and other institutional investors.

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.