Fiserv earnings missed by $0.61, revenue fell short of estimates
Investing.com - TD Cowen has raised its price target on Customers Bancorp (NYSE:CUBI) to $95.00 from $89.00 while maintaining a Buy rating on the stock. The new target represents significant upside potential for the $2.46 billion market cap bank, which is currently trading near its 52-week high of $72.51. According to InvestingPro data, analyst targets range from $62 to $90.
The price target increase follows Customers Bancorp’s third-quarter 2025 performance, which exceeded expectations with core earnings per share of $2.20. The stock has shown strong momentum, delivering a 27.82% return over the past six months and trading at a P/E ratio of 14.14.
TD Cowen noted that the results demonstrated "accelerating momentum" across several areas, including new banking team hires, the company’s cubiX platform, and overall loan growth.
In response to these positive developments, Customers Bancorp has raised its outlook for 2025, projecting strong organic growth alongside a continued shift toward lower-cost deposits.
The research firm identified Customers Bancorp among its "top picks," citing the company’s "differentiated outlook" and growth trajectory driven by multiple business segments.
In other recent news, Customers Bancorp reported its third-quarter 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $2.20 compared to the forecasted $1.90. The company’s revenue also surpassed projections, reaching $232.1 million against the expected $215.13 million. This strong performance led Customers Bancorp to raise its full-year guidance on net interest income and loan growth. Following these positive results, DA Davidson increased its price target for Customers Bancorp to $88 from $77, while maintaining a Buy rating on the stock. The firm described the quarter as "very strong," which contributed to the revised price target. These developments reflect the company’s robust financial health and potential for continued growth.
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