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Customers Bancorp, Inc.
NYSE: CUBI Financials Bank 🔎 Screen
🏹 Trader: 🎯 Near 52W High View all →
$2.6B
Market Cap
11.7
P/E
0.88
PEG
ROCE
11.3%
ROE
0.13
D/E
OPM
-6.4%
% from 52W High
54
α RS
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🌏 Global Investor Returns
Currency-adjusted total returns for CUBI including FX impact
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📈 Price History
Ratio Health
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About

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding CUBI
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 179.7K $12.5M 0.02% Mar 2026
Steve Cohen Point72 Asset Management 5.8K $401K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Customers Bancorp Q1 2026: Deposits up 16% annualized, non-interest bearing deposits record $6.7B, core EPS $1.97.
Revenue & Profitability
Core EPS was $1.97, core ROE 13.1%, and core ROA 1.13%. Net interest income was $191.4 million, up 14% year-over-year. Tangible book value per share grew to $63.54, a 16% year-over-year increase. Core earnings per share grew 28% year-over-year.
Outlook
Management reaffirmed full-year 2026 guidance for net interest income growth of 7-11% over 2025. They noted geopolitical uncertainty but said it has not materially impacted loan pipelines or demand. The regulatory environment for digital assets and payments is becoming more constructive, creating tailwinds for cubiX. The bank expects to benefit from the shift to 24/7 trading in capital markets and growing demand for real-time payments in mortgage and real estate.
Growth Drivers
Loan growth was 15% annualized in Q1, led by fund finance, mortgage warehouse, and healthcare. Deposit growth was 16% annualized, with non-interest-bearing deposits reaching a record $6.7 billion (31% of total deposits). New banking teams (2024 vintage) now manage over $2.1 billion in deposits at a 2% cost. The 2025 teams already have low nine-figure deposit balances at about 50 basis points cost. The cubiX platform is expanding beyond digital assets into mortgage finance and real estate, with a 90-day pipeline for new industries larger than the slight decline in average digital asset balances.
Balance Sheet & CapEx
Capital expenditure was not explicitly discussed. The primary investment is in AI and technology infrastructure, including a new partnership signed with a large frontier model provider. The Operational Excellence 2 initiative targets $30 million in annual run rate proceeds (phase 2 added $10 million), with savings reinvested into people, technology, and capabilities.
Margins
The core efficiency ratio improved by 300 basis points year-over-year. Core non-interest expense as a percent of average assets was 1.82%, placing the bank in the top decile of regional bank peers. Net interest margin saw sequential decline due to lower accretion income and fewer days, but NII is expected to grow 7-11% for the full year. New loan production yields are slightly below the existing commercial portfolio yield, creating modest NIM pressure, but strong deposit growth and mix improvements support NII growth.
Key Risks
Management monitors geopolitical uncertainty and its potential impact on credit. Credit performance remains stable with low NPAs and net charge-offs, but the bank continues to watch macroeconomic conditions. Digital asset industry volumes declined in recent quarters, though cubiX balances remained relatively stable. The bank has materially completed its work related to the written agreement with regulators and expects to put that behind it in 2026.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-24
Loans and deposits reached record highs, with strong year-over-year growth in NII and EPS. AI-driven operational improvements and payments innovation fueled efficiency and productivity, while robust capital and credit quality support a positive outlook for the rest of 2026.
Q1 2026 Q1 2026 2026-04-24
Q1 2026 delivered strong growth with deposits up 14% and loans up 15% year-over-year, while core EPS rose 28%. AI and automation are driving operational efficiency and new revenue opportunities, with the cubiX platform expanding beyond digital assets. Full-year guidance is reaffirmed.
Q4 2025 Q4 2025 2026-01-23
Record core EPS and double-digit growth in deposits, loans, and tangible book value marked 2025, with Qubix payments volume surpassing $2 trillion. 2026 guidance targets continued strong growth, positive operating leverage, and further expansion in payments and AI.
Q3 2025 Q3 2025 2025-10-24
Q3 2025 saw strong deposit and loan growth, improved margins, and robust capital ratios, with core EPS up 64% year-over-year. Guidance for deposit, loan, and net interest income growth was raised, and efficiency ratio is expected below 50%.
Q2 2025 Q2 2025 2025-07-25
Q2 2025 results exceeded expectations with strong EPS, NIM, and loan growth. Guidance for loan and NII growth was raised, while the Kubix platform and digital asset banking remain key growth drivers.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
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Information Sources:
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