What is DA Davidson’s Estimate for CUBI Q1 Earnings?

Customers Bancorp, Inc. (NYSE:CUBI) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Customers Bancorp in a research report issued to clients and investors on Monday, January 27th. DA Davidson analyst P. Winter anticipates that the bank will earn $1.36 per share for the quarter. DA Davidson has a “Buy” rating and a $71.00 price objective on the stock. The consensus estimate for Customers Bancorp’s current full-year earnings is $5.63 per share.

Customers Bancorp (NYSE:CUBI) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.15. Customers Bancorp had a net margin of 15.22% and a return on equity of 13.55%.

CUBI has been the topic of a number of other research reports. Piper Sandler lowered their target price on Customers Bancorp from $61.00 to $55.00 and set a “neutral” rating on the stock in a research note on Monday, November 4th. Stephens restated an “equal weight” rating and issued a $58.00 price target on shares of Customers Bancorp in a research note on Friday, January 24th. Maxim Group lifted their price objective on shares of Customers Bancorp from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday. Raymond James lowered their target price on shares of Customers Bancorp from $80.00 to $70.00 and set a “strong-buy” rating on the stock in a report on Wednesday, October 2nd. Finally, B. Riley boosted their price target on Customers Bancorp from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Customers Bancorp has an average rating of “Moderate Buy” and a consensus price target of $64.00.

Customers Bancorp Stock Performance

NYSE CUBI opened at $56.99 on Tuesday. Customers Bancorp has a 52-week low of $42.31 and a 52-week high of $68.49. The stock has a market cap of $1.79 billion, a PE ratio of 9.25 and a beta of 1.68. The firm has a 50-day moving average of $51.56 and a 200-day moving average of $51.03. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.92 and a current ratio of 0.93.

Institutional Investors Weigh In On Customers Bancorp

A number of institutional investors have recently modified their holdings of the company. Intech Investment Management LLC boosted its position in Customers Bancorp by 74.2% during the third quarter. Intech Investment Management LLC now owns 25,349 shares of the bank’s stock valued at $1,177,000 after acquiring an additional 10,797 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Customers Bancorp by 117.9% during the third quarter. BNP Paribas Financial Markets now owns 40,425 shares of the bank’s stock worth $1,878,000 after purchasing an additional 21,871 shares during the period. Walleye Capital LLC increased its holdings in Customers Bancorp by 536.3% in the third quarter. Walleye Capital LLC now owns 38,450 shares of the bank’s stock worth $1,786,000 after purchasing an additional 32,407 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Customers Bancorp by 88.9% in the third quarter. Assenagon Asset Management S.A. now owns 479,739 shares of the bank’s stock valued at $22,284,000 after buying an additional 225,785 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Customers Bancorp by 2.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 509,469 shares of the bank’s stock worth $23,665,000 after buying an additional 12,000 shares in the last quarter. 89.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Robert Neil Mackay sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $53.78, for a total value of $215,120.00. Following the sale, the director now owns 4,567 shares of the company’s stock, valued at $245,613.26. The trade was a 46.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Glenn Hedde sold 5,002 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $53.68, for a total value of $268,507.36. Following the completion of the sale, the insider now owns 66,256 shares in the company, valued at $3,556,622.08. This trade represents a 7.02 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 96,440 shares of company stock valued at $5,425,815. 6.92% of the stock is currently owned by corporate insiders.

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.