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CUBS - Customers Bancorp Inc News Story

$24.82 -0.2  -0.8%

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Position in Universe th / 7414

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

Thu 28th October, 2021 10:50am
* Customers Bancorp Inc  CUBI.N  reported quarterly adjusted
earnings of $3.47​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of $1.98 per share.
* Revenue rose 104.7% to $219.89 million from a year ago; 
analysts expected $154.57 million. 
* Customers Bancorp Inc's reported EPS for the quarter was
$3.25​.
* The mean earnings estimate of analysts had risen by about 1.1%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Customers Bancorp Inc shares had risen by 6.5% this
quarter and gained 152.0% so far this year.
* The company reported quarterly net income of $110.24 million.
* Wall Street's median 12-month price target for Customers
Bancorp Inc is $52.00 
* 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 October 28 at 09:49 a.m.
 ​All figures in US dollars unless otherwise stated
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