
Customers Bancorp (CUBI) Stock Forecast & Price Target
Customers Bancorp (CUBI) Analyst Ratings
Bulls say
Customers Bancorp has demonstrated consistent growth over six consecutive quarters, with a strategic focus on remixing its loan portfolio to reduce concentrations while expanding into new lending verticals. The bank reported a significant increase in its tangible book value by 6% quarter-over-quarter, along with a robust net interest margin of 3.46%, exceeding forecasts and contributing to a 14.3% year-over-year growth in net interest income. Additionally, both period-end loans and deposits showed strong performance, with loans rising by $910 million in the third quarter and deposits increasing by $1.4 billion, showcasing the bank's effective strategy in attracting low-cost deposits and supporting overall financial health.
Bears say
Customers Bancorp is facing a challenging financial outlook, primarily evidenced by a decrease in core fee income, which fell $0.3 million quarter-over-quarter to $29.9 million, despite being above initial forecasts. Additionally, the company is exposed to significant risks, including potential increases in credit costs due to a weakening economy and a slowdown in loan demand, which could further compress the net interest margin. These factors, combined with the uncertainty surrounding the performance of new banking teams and the company's ability to meet financial targets, contribute to a negative sentiment regarding the bank's future profitability.
This aggregate rating is based on analysts' research of Customers Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Customers Bancorp (CUBI) Analyst Forecast & Price Prediction
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