YOLFTbeta
Customers Bancorp, Inc.

Customers Bancorp, Inc.

CUBI · NYSE · Financial Services / Banks - Regional

85.26USD+0.06 (+0.07%)

Price History

Full chart

Market Stats

Previous Close85.20
Open85.32
Day Range84.44 – 85.61
52-Week Range63.44 – 86.26
Volume158.50K
Market Cap2.86B
P/E (TTM)10.26
Forward P/E8.26
EPS8.24
Dividend Yield0.00%
Beta1.53
50-Day Avg77.47
200-Day Avg75.69

About

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services for commercial and consumer clients. It accepts various deposit banking products, including commercial and consumer checking accounts, non-interest-bearing and interest-bearing demand accounts, MMDA, savings accounts, and time deposit accounts. The company also offers commercial lending services comprising small and middle market business banking, specialized lending, mortgage finance, multifamily and commercial real estate lending, and commercial equipment financing; and consumer lending services, such as local-market mortgage and home equity lending, and the origination and purchase of installment loans. In addition, it provides private and digital banking services; and other financial services consisting of mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box services, remote deposit capture services, courier services, merchant processing services, cash vault, controlled disbursements, positive pay, and cash management services, as well as B2B instant payments platform. The company was founded in 1997 and is headquartered in West Reading, Pennsylvania.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Samvir S. Sidhu
  • Employees885
  • Headquarters701 Reading Avenue, West Reading, PA, United States, 19611, USA
  • Websitehttps://www.customersbank.com

Leadership

  • Mr. Jay S. SidhuFounder & Executive Chairman · b. 1952
  • Mr. Samvir S. SidhuPresident, CEO & Vice Chairman
  • Mr. Mark R. McCollomExecutive VP & CFO · b. 1964
  • Mr. Philip S. WatkinsEVP, Head of Corporate Development & Investor Relations · b. 1985
  • Mr. Lyle P. CunninghamExecutive VP & Chief Banking Officer · b. 1965
  • Mr. Thomas KasulkaExecutive VP & Chief Credit Officer · b. 1962
  • Mr. Timothy D. RomigExecutive VP, Head of Middle Market and Community Banking & Member of Management Board
  • Mr. Daniel B. ParkExecutive VP, Treasurer & Member of Management Board
  • Mr. Samuel H. Smith IIIMember of Management Board & President of Customers Commercial Finance LLC
  • Mr. Andrew B. Sachs Esq.Executive VP, General Counsel, Corporate Secretary & Member of Management Board

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue16.09M14.57M35.64M71.28M120.53M148.61M213.85M276.44M376.85M449.39M474.77M496.09M600.55M844.61M895.10M1.37B1.36B1.41B
Growth (%)--9.43%+144.54%+100.01%+69.08%+23.30%+43.89%+29.27%+36.32%+19.25%+5.65%+4.49%+21.06%+40.64%+5.98%+52.76%-0.47%+3.94%
Cost of Revenue16.09M14.57M21.94M29.96M36.03M26.54M53.25M74.13M76.08M112.28M165.72M210.66M202.39M123.24M321.72M70.56M746.88M684.72M
Gross Profit--13.70M41.33M84.50M122.08M160.60M202.31M300.76M337.12M309.05M285.44M398.16M721.38M573.38M1.37B614.05M729.84M
Gross Margin--38.43%57.97%70.11%82.14%75.10%73.19%79.81%75.02%65.10%57.54%66.30%85.41%64.06%100.00%45.12%51.59%
Operating Expense---14.77M35.46M48.41M71.78M95.08M113.82M176.17M213.24M218.00M177.66M208.40M280.17M282.09M1.04B389.68M419.07M
Operating Income-211.00K-13.22M28.47M5.87M36.09M50.30M65.51M88.50M124.59M123.88M91.05M107.78M189.76M441.21M291.30M330.74M224.37M310.77M
Operating Margin-1.31%-90.70%79.87%8.23%29.94%33.84%30.64%32.01%33.06%27.57%19.18%21.73%31.60%52.24%32.54%24.19%16.49%21.97%
EBITDA-211.00K-12.51M29.31M7.24M38.11M53.43M69.10M92.49M130.49M134.68M105.21M121.39M208.27M462.88M318.45M362.10M257.93M352.57M
EBITDA Margin-1.31%-85.83%82.23%10.16%31.62%35.95%32.31%33.46%34.63%29.97%22.16%24.47%34.68%54.80%35.58%26.48%18.95%24.92%
Net Income-825.00K-13.23M23.73M4.03M23.82M32.69M43.21M58.58M78.70M78.84M71.69M79.33M132.58M314.65M228.03M250.14M181.47M224.09M
Net Income Margin-5.13%-90.81%66.59%5.66%19.76%22.00%20.21%21.19%20.88%17.54%15.10%15.99%22.08%37.25%25.48%18.29%13.33%15.84%
R&D---00000000-------
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense1.31M607.00K11.55M22.46M21.76M24.30M38.50M53.56M73.04M105.51M160.07M186.43M139.62M95.81M261.65M679.91M673.43M609.10M
Interest Expense % of Total Revenue8.12%4.16%32.40%31.51%18.05%16.35%18.01%19.37%19.38%23.48%33.72%37.58%23.25%11.34%29.23%49.72%49.48%43.06%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-349.76M1.37B2.08B3.20B4.15B6.83B8.40B9.38B9.84B9.83B11.52B18.44B19.58B20.90B21.32B22.31B24.90B
Total Liabilities-328.26M1.27B1.93B2.93B3.77B6.38B7.84B8.53B8.92B8.88B10.47B17.32B18.21B19.49B19.68B20.47B22.78B
Total Equity-21.50M105.14M147.75M269.48M386.62M443.14M553.90M855.87M920.96M956.82M1.05B1.12B1.37B1.40B1.64B1.84B2.12B
Cash--6.40M73.57M186.02M233.07M371.02M264.59M264.71M146.32M62.13M212.50M693.35M518.03M455.81M3.85B3.79B62.05M
Total Debt-13.00M13.00M338.00M884.00M784.75M1.82B1.89B1.84B2.37B1.67B1.69B1.41B1.18B1.11B1.51B1.41B1.71B
Net Debt-13.00M13.00M264.43M291.98M551.68M1.45B1.63B1.57B1.76B1.61B1.48B712.08M661.73M649.73M-2.34B-2.38B1.64B

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.39M-2.43M-221.55M29.90M-1.24B722.03M-542.50M66.57M91.40M62.19M97.47M78.28M133.03M271.16M-20.82M124.73M145.06M494.76M
Investing Cash Flow-4.32M-23.81M-348.79M-760.48M262.13M-1.59B-1.92B-1.68B-961.53M-565.13M-104.10M-1.44B-6.42B-1.20B-1.30B3.16B-1.01B-2.06B
Financing Cash Flow2.55M88.75M740.25M565.42M1.09B913.03M2.60B1.51B870.25M384.55M-77.56M1.52B6.77B754.77M1.26B108.09M800.62M2.19B
Capital Expenditure545.00K430.00K3.29M2.72M2.71M3.89M1.27M2.94M5.43M24.36M40.49M50.26M28.87M32.95M113.35M41.34M65.19M161.06M
Free Cash Flow842.00K-2.86M-224.83M27.18M-1.24B718.14M-543.77M63.63M85.98M37.84M56.99M28.02M104.16M238.21M-134.17M83.39M79.87M333.70M
Dividends Paid-4.00K-44.00K002.31M2.31M9.05M14.46M14.46M14.46M14.08M10.83M9.33M14.64M15.15M10.80M
FCF to OCF60.71%117.71%101.48%90.90%100.22%99.46%100.23%95.59%94.06%60.83%58.46%35.80%78.30%87.85%644.28%66.85%55.06%67.45%
Dividend Paid to FCF--0.14%-0.16%0.00%0.00%-0.43%3.64%10.53%38.22%25.37%51.60%13.51%4.55%-6.95%17.55%18.96%3.24%

Earnings

Report DateMar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011May 30, 2012Aug 29, 2012Oct 26, 2012Jan 31, 2013Apr 10, 2013Jul 15, 2013Oct 23, 2013Jan 23, 2014Apr 21, 2014Jul 23, 2014Oct 21, 2014Jan 27, 2015Apr 28, 2015Jul 23, 2015Oct 28, 2015Jan 20, 2016Apr 14, 2016Jul 20, 2016Oct 26, 2016Jan 26, 2017Apr 26, 2017Jul 26, 2017Oct 25, 2017Jan 24, 2018Apr 30, 2018Jul 25, 2018Oct 25, 2018Jan 24, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 22, 2020May 4, 2020Jul 30, 2020Oct 28, 2020Jan 27, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Jan 24, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Jan 25, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Jan 25, 2024Apr 25, 2024Jul 25, 2024Oct 31, 2024Jan 23, 2025Apr 24, 2025Jul 24, 2025Oct 23, 2025Jan 22, 2026Apr 23, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate-----------0.670.300.310.280.290.280.350.410.450.460.490.500.490.550.600.610.620.630.620.700.520.580.660.510.510.350.280.710.740.410.420.981.411.462.022.022.871.661.812.161.611.171.431.601.751.631.421.421.201.301.521.932.041.892.002.15
EPS Actual-0.420.023.460.02-0.050.000.210.280.240.510.470.360.350.350.300.330.290.370.420.470.490.520.500.580.570.620.640.640.710.780.610.550.640.640.620.530.380.380.730.760.260.611.201.652.141.763.362.922.191.772.481.191.581.652.591.901.421.491.341.361.541.802.202.061.972.052.27
Surprise------------46.27%16.67%12.90%7.14%13.79%3.57%5.71%2.44%4.44%6.52%6.12%0.00%18.37%3.64%3.33%4.92%3.23%12.70%25.81%-12.86%5.77%10.34%-3.03%21.57%3.92%8.57%35.71%2.82%2.70%-36.59%45.24%22.45%17.02%46.58%-12.87%66.34%1.74%31.93%-2.21%14.81%-26.09%35.04%15.38%61.88%8.57%-12.88%4.93%-5.63%13.33%18.46%18.42%13.99%0.98%4.23%2.50%5.58%
Timing------------After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.86B
Enterprise Value855.19M
Trailing P/E10.26
Forward P/E8.26
PEG Ratio1.18
Price / Sales3.45
Price / Book1.23
EPS8.24
Book Value61.87
Revenue (TTM)826.80M
Gross Profit (TTM)826.80M
Profit Margin35.25%
Operating Margin46.02%
Return on Equity14.33%
Return on Assets1.19%
Shares Outstanding33.78M
Shares Float31.80M
Beta1.53
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 11 analystsTarget 92.90
  • Strong Buy
    4
  • Buy
    3
  • Hold
    3
  • Strong Sell
    1

Ownership Breakdown

Institutions
100.54%
Insiders
9.16%
Retail / Other
0.00%

Top Institutional Holders

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  • Wellington Management Company LLP
    4.04M11.95%
  • State Street Corp
    2.08M6.16%
  • Dimensional Fund Advisors, Inc.
    2.01M5.96%
  • Hood River Capital Management LLC
    1.94M5.75%
  • Vanguard Capital Management, LLC
    1.36M4.02%
  • American Century Companies Inc
    1.17M3.47%
  • Assenagon Asset Management SA
    1.17M3.45%
  • Geode Capital Management, LLC
    910.28K2.69%
  • UBS Group AG
    698.09K2.07%
  • Vanguard Portfolio Management, LLC
    665.41K1.97%
  • Driehaus Capital Management LLC
    634.69K1.88%
  • Allspring Global Investments Holdings, LLC
    562.92K1.67%
  • Charles Schwab Investment Management Inc
    503.29K1.49%
  • Nuveen, LLC
    493.50K1.46%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.89M5.60%
  • Avantis US Small Cap Value ETF
    1.08M3.20%
  • Hood River Small-Cap Growth Instl
    1.03M3.05%
  • Vanguard MStar Total Stk Mkt Idx Invest
    970.71K2.87%
  • iShares Russell 2000 ETF
    817.58K2.42%

Stock Splits

  • May 22, 201411:10