StockData

Customers Bancorp, Inc. (CUBI) stock analysis

CUBINYSEState Commercial BanksFiscal year ends December 31Also trades as CUBB
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 12/3011% above fair value
$85.27−0.35 (-0.41%)

Close on Nov 10, 2026Market cap $2.97BP/E 10.3Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Value2Growth2Performance4Health4Dividend0

Mixed12 of 30 checks passed

Customers Bancorp passes 12 of the 30 checks behind our score; 6 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
2/6
Growth
2/6
Past performance
4/6
Financial health
4/6
Dividend
0/6

What stands out

  • Modest borrowings

    Borrowings other than deposits are 11.4% of equity.

  • Earnings grew over 5 years

    Net income grew 11.1% a year on average over the last five fiscal years.

  • Earnings growth accelerating

    Net income grew 66.6% over the last twelve months, against a 5-year average of 11.1% a year.

  • P/E below the industry

    Customers Bancorp's P/E of 10.3 is below the Commercial Banks median of 12.1.

What to watch

  • Margin of safety under 20%

    The price is 11.1% above fair value, so there is no margin of safety.

  • Trading above fair value

    The share price of $85.27 is above our fair value estimate of $76.74.

  • Return on equity under 15%

    Return on equity was 13.6% over the last twelve months and averaged 16.0% over five years; we look for 15% on both.

  • Revenue growing under 10% a year

    Revenue grew 7.6% a year over the last three fiscal years, short of the 10% we look for.

Valuation2/6

  • P/E above its 5-year median

    Customers Bancorp's P/E of 10.3 is above its own 5-year median of 7.5.

  • P/E below the industry

    Customers Bancorp's P/E of 10.3 is below the Commercial Banks median of 12.1.

  • P/S below the industry

    Customers Bancorp's price-to-sales of 3.10 is below the Commercial Banks median of 3.60.

  • P/B above the industry

    Customers Bancorp's price-to-book of 1.31 is above the Commercial Banks median of 1.29.

  • Trading above fair value

    The share price of $85.27 is above our fair value estimate of $76.74.

  • Margin of safety under 20%

    The price is 11.1% above fair value, so there is no margin of safety.

Growth2/6

  • Revenue growing under 10% a year

    Revenue grew 7.6% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew -1.3% a year over the last three fiscal years.

  • Earnings growth accelerating

    Net income grew 66.6% over the last twelve months, against a 5-year average of 11.1% a year.

  • Growing faster than the industry

    Revenue grew 24.1% over the last twelve months; the Commercial Banks median is 11.3%.

  • Guidance lowered

    Customers Bancorp lowered its full-year 2026 Non-interest Expense outlook on Oct 22, 2026.

  • Gross margin trend

    Banks and insurers do not report gross profit.

Past performance4/6

  • Return on equity under 15%

    Return on equity was 13.6% over the last twelve months and averaged 16.0% over five years; we look for 15% on both.

  • Return on assets over 1%

    Return on assets was 1.1%; for a bank or insurer, 1% or more is considered good.

  • Return on equity above the industry

    Customers Bancorp's return on equity of 13.6% is above the Commercial Banks median of 11.5%.

  • Earnings grew over 5 years

    Net income grew 11.1% a year on average over the last five fiscal years.

  • Net margin below its 5-year average

    Net margin was 31.6% over the last twelve months, against a 5-year average of 32.4%.

  • Net margin above the industry

    Customers Bancorp's net margin of 31.6% is above the Commercial Banks median of 30.3%.

Financial health4/6

  • Thin capital

    Equity is 8.0% of total assets; 8% or more is a comfortable cushion.

  • Loans funded by deposits

    Loans equal 80.8% of deposits, so lending is funded by customer deposits.

  • Thin loan-loss reserve

    The allowance for credit losses is 0.9% of loans; we look for at least 1%.

  • Efficient operations

    Non-interest expense takes 49.2% of revenue; under 60% is efficient for a bank.

  • Deposits growing

    Deposits grew 10.6% over the past year.

  • Modest borrowings

    Borrowings other than deposits are 11.4% of equity.

Dividend0/6

  • No dividend

    Customers Bancorp has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

Our estimate per share

$76.74

The share price is 11% above this estimate.

20%+ below
Near fair value
20%+ above
$85.27Price
MethodMultiple usedOwn 5Y medianIndustry medianValue per shareWeight
P/E9.8×7.5×12.1×$80.6850%
P/B1.1×1.0×1.3×$72.8050%
Fair value$76.74100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Own 5-year median 7.5
  • Commercial Banks median 12.1

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$25.50M
Value traded per 1% price move
$18.48M

Downside

Low risk

Typical loss in a bad month
11.8%
Volatility (annualized)
30%
Sharpe ratio, 1 year
0.73
Beta to the S&P 500 (5Y)
1.24

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2011 to 2025

Net margin

27.4%−302.5 pts over 5 years

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