
Customers Bancorp (CUBI) Stock Forecast & Price Target
Customers Bancorp (CUBI) Analyst Ratings
Bulls say
Customers Bancorp Inc has demonstrated a robust financial performance with broad-based growth evident over six consecutive quarters, reflecting a strategic remixing of the loan portfolio and expansion into new lending verticals. The company achieved a notable increase in net interest income, which grew 14.3% to $201.9 million, driven by solid loan growth and an increase in average loans by 4.2%, exceeding prior forecasts. Additionally, the bank's total deposits rose significantly by $1.4 billion quarter-over-quarter, bolstered by the successful efforts of newly hired banking teams to enhance low-cost deposits, indicating a solid foundation for future growth.
Bears say
Customers Bancorp has reported a marginal decline in core fee income, decreasing by $0.3 million to $29.9 million, while core expenses were also down by $1.4 million, which may suggest limited operational efficiency. The company's financial outlook is negatively impacted by several risks, including the potential for increased credit costs due to a weakening economy and a slowdown in loan demand, which could further pressure net interest margins. Additionally, concerns about the effectiveness of new banking teams in fostering core deposit growth and the company's overall ability to meet financial targets create further uncertainty regarding its financial performance.
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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