Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Customers Bancorp Inc (NYSE:CUBI) stock has reached a new 52-week high, touching $67.32, representing a significant milestone for the $2.12 billion market cap financial institution. InvestingPro analysis shows analyst targets reaching as high as $90, suggesting potential further upside. This milestone marks a significant upward trend for the company, reflecting a robust performance over the past year. The stock’s impressive year-to-date return of 36.71% and P/E ratio of 16.04 underscore the company’s growth and investor confidence. This rise in stock value is indicative of the positive market sentiment surrounding Customers Bancorp Inc, as it continues to strengthen its position in the financial sector. InvestingPro subscribers have access to 8 additional key insights and a comprehensive Pro Research Report that provides deep-dive analysis of the company’s fundamentals and growth prospects.
In other recent news, Customers Bancorp reported strong financial results for the second quarter of 2025, significantly exceeding market expectations. The bank achieved earnings per share of $1.80, surpassing the consensus estimate of $1.54 and marking a 17.65% increase over the forecast of $1.53. Revenue for the quarter reached $206.31 million, outpacing projections of $197.19 million. This robust performance was highlighted by a 14 basis point quarter-over-quarter increase in net interest margin, better-than-expected fee income, and reduced loan loss provisions. In light of these results, Stephens has raised its price target for Customers Bancorp to $62, maintaining an Equal Weight rating. These developments underscore the bank’s strong operational capabilities and financial health.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.