Customers Bancorp Inc (NYSE: CUBI) has reported earnings for its first fiscal quarter (ending March 31) of $1.46 versus $1.58 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $7.38 compared to $5.99 a year ago.
Recent Price Action
Customers Bancorp Inc (NYSE: CUBI) stock closed at $49.53 on 4/25/24 after a modest decline of -1.1%. NORMAL trading volume accompanied the decline. The stock has risen 6.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CUBI is expected to continue to be a Value Builder.
Customers Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Customers Bancorp has a very high Appreciation Score of 92 and a very high Power Rating of 97, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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