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CUBS - Customers Bancorp Inc News Story

$26.33 -0.3  -1.2%

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Customers Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Thu 29th July, 2021 12:36am
* Customers Bancorp Inc  CUBI.N  reported quarterly adjusted
earnings of $1.82​​ per share for the quarter ended in June. The
mean expectation of eight analysts for the quarter was
for earnings of $2.05 per share.
* Revenue rose 50.9% to $138.76 million from a year ago; 
analysts expected $150.51 million. 
* Customers Bancorp Inc's reported EPS for the quarter was
$1.72​.
* The mean earnings estimate of analysts had risen by
about 29.8% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Customers Bancorp Inc shares had fallen by 3.2% this
quarter and gained 107.5% so far this year.
* The company reported quarterly net income of $58.04 million.
* Wall Street's median 12-month price target for Customers
Bancorp Inc is $49.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 28 at 11:36 p.m.  ​All
figures in US dollars unless otherwise stated
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