Customers BancorpCUBI
Market Cap: 2.12B
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 Q1 SEC filings by fund managers ($100M+ AUM)
0.6% more ownership
Funds ownership: 85.85% [Q4 2023] → 86.45% (+0.6%) [Q1 2024]
2% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 87
7% less funds holding
Funds holding: 254 [Q4 2023] → 236 (-18) [Q1 2024]
7% less capital invested
Capital invested by funds: $1.55B [Q4 2023] → $1.44B (-$111M) [Q1 2024]
19% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $13.2M
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 3 (-1) [Q1 2024]
40% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 45
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Wedbush David Chiaverini | 18%upside $79 | Outperform Maintained | 26 Jul 2024 |
Jefferies Casey Haire | 15%downside $57 | Buy Maintained | 3 Jul 2024 |
Wedbush David Chiaverini | 9%downside $61 | Outperform Maintained | 26 Apr 2024 |
Jefferies Casey Haire | 4%downside $64 | Buy Maintained | 8 Apr 2024 |
B. Riley Securities Hal Goetsch | 15%upside $77 | Buy Maintained | 29 Jan 2024 |
Financial journalist opinion
Based on 10 articles about CUBI published over the past 30 days