CUBI Stock Summary and Trading Ideas (Customers Bancorp | NYSE:CUBI)

Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.

Customers Bancorp trades on the NYSE stock market under the symbol CUBI.

As of April 18, 2024, CUBI stock price climbed to $46.63 with 5,736 million shares trading.

CUBI has a beta of 1.72, meaning it tends to be more sensitive to market movements. CUBI has a correlation of 0.13 to the broad based SPY ETF.

CUBI has a market cap of $1.46 billion. This is considered a Small Cap stock.

Last quarter Customers Bancorp reported $173 million in Revenue and $1.90 earnings per share. This fell short of revenue expectation by $-754,000 and exceeded earnings estimates by $.18.

In the last 3 years, CUBI stock traded as high as $76.13 and as low as $6.87.

The top ETF exchange traded funds that CUBI belongs to (by Net Assets): IJR, VTI, IWM, AVUV, VXF.

CUBI has outperformed the market in the last year with a return of +158.2%, while the SPY ETF gained +22.7%. However, in the most recent history, CUBI shares have underperformed the stock market with its stock returning -9.6% in the last 3 month period and -8.4% for the last 2 week period, while SPY has returned +6.4% and -3.5%, respectively.

CUBI support price is $45.13 and resistance is $47.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CUBI stock will trade within this expected range on the day.