Customers Bancorp Inc (NYSE: CUBI) has reported E.P.S. of $1.36 for its third fiscal quarter (ending September 30) versus $2.65 for the same period a year ago — a decline of -49%. E.P.S. were $6.40 for the latest four quarters through September 30 versus $6.42 for the same period a year ago — a decline of -0%.
Recent Price Action
On 10/31/24, Customers Bancorp Inc (NYSE: CUBI) stock increased 1.0%, closing at $46.13. Moreover, exceptionally high trading volume at 218% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 1.2% during the last week.
Current PriceTarget Research Rating
CUBI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Customers Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Customers Bancorp has a very high Appreciation Score of 92 but a neutral Power Rating of 42, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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