Customers Bancorp stock hits 52-week high at 72.33 USD

Published 03/09/2025, 14:46
Customers Bancorp stock hits 52-week high at 72.33 USD

Customers Bancorp Inc (CUBI) stock reached a notable milestone by hitting a 52-week high of 72.33 USD. According to InvestingPro analysis, the $2.27B market cap bank is currently trading above its Fair Value, with analyst price targets ranging from $62 to $90. This peak reflects a significant upward trend for the company over the past year. The stock has experienced a remarkable 43.3% increase in its value over the last 12 months, indicating strong investor confidence and positive market sentiment towards the financial services firm. This performance underscores Customers Bancorp’s resilience and growth potential in a competitive industry landscape. With a P/E ratio of 17.08 and an overall financial health score of GOOD, InvestingPro data reveals 8 additional key insights about CUBI’s growth trajectory and market position.

In other recent news, Customers Bancorp has reported strong financial results for the second quarter of 2025. The company posted an earnings per share (EPS) of $1.80, which significantly surpassed the forecast of $1.53, marking a 17.65% increase. Revenue for the quarter reached $206.31 million, exceeding the projected $197.19 million. Stephens, an analyst firm, responded to these robust earnings by raising the company’s stock price target from $55.00 to $62.00, while maintaining an Equal Weight rating. The bank’s quarterly performance included a 14 basis point increase in net interest margin and better-than-expected fee income, along with lower loan loss provisions. These recent developments highlight the company’s strong operational performance and financial health.

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