CUBI
Customers Bancorp, Inc.
CUBI's fundamentals are strong, but it looks expensive: trading at 10x earnings, above its usual 7.8x. Analysts expect earnings growth.
CUBI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
CUBI's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like CUBI.
CUBI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.1x | $34.22 | -60% |
| Fair | 7.7x | $64.40 | -24% |
| Forward | 9x | $85.20 | — |
| Current | 10x | $85.20 | — |
| Expensive | 13x | $105 | +23% |
Historical ranges are pointers, not guarantees.
CUBI's PE is in its expensive range at 10x. If earnings grow as analysts expect, today's price would be 9.0x next year's earnings, in its fair range.
CUBI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for CUBI, with profitability improving.
CUBI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.51 | +14% |
| Q3 2026 | $8.31 | +68% |
| Q2 2026 | $8.26 | +104% |
| Q1 2026 | $7.94 | +99% |
| Q4 2025 | $6.26 | +23% |
| Q3 2025 | $4.94 | -20% |
| Q2 2025 | $4.05 | -46% |
| Q1 2025 | $3.98 | -44% |
| Q4 2024 | $5.09 | -30% |
CUBI earned $8.31 per share over the past year, up 68% from the year before.
CUBI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $239.4M | +3.2% |
| Q2 2026 | $227.4M | +10% |
| Q1 2026 | $225.7M | +58% |
| Q4 2025 | $236.9M | +42% |
| Q3 2025 | $232.1M | +39% |
| Q2 2025 | $206.3M | +3.8% |
| Q1 2025 | $143M | -21% |
| Q4 2024 | $167.4M | -12% |
CUBI's revenue has grown year over year for six quarters in a row: $239M last quarter, up 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 42% | -1.2 points |
| Q2 2026 | 39% | +1.1 points |
| Q1 2026 | 40% | +32 points |
| Q4 2025 | 41% | +20 points |
| Q3 2025 | 43% | +16 points |
| Q2 2025 | 38% | -0.6 points |
| Q1 2025 | 8.3% | -28 points |
| Q4 2024 | 21% | -23 points |
CUBI's operating margin was 42% last quarter, down 1.2 points from the same quarter a year ago.
CUBI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $56.1M | -47% |
| Q2 2026 | $106.1M | -35% |
| Q1 2026 | $35M | -63% |
| Q4 2025 | $119.1M | -10% |
| Q3 2025 | $106.4M | +341% |
| Q2 2025 | $162.1M | +2715% |
| Q1 2025 | $93.4M | +$112.7M |
| Q4 2024 | $132.9M | +$251.3M |
CUBI's free cash flow was $316M over the past year, down 36% from the year before. Free cash flow isn't a meaningful measure for financial services companies like CUBI.
CUBI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -113K shares |
| 1 year | +4% | +1.3M shares |
| 3 years | +8.1% | +2.6M shares |
| 5 years | +2.7% | +925K shares |
| Available history | +9.9% | +3.1M shares |
CUBI has 35M diluted shares, up 4% from a year ago, despite $88M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $38.3M |
| Q2 2026 | $6.7M |
| Q1 2026 | $42.7M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $5.6M |
| Q4 2024 | $1M |
CUBI spent $88M buying back its own shares over the past year, more than ten times what it spent the year before.
CUBI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.8x | Net Cash |
| Q2 2026 | -4.4x | Net Cash |
| Q1 2026 | -7.1x | Net Cash |
| Q4 2025 | -12.2x | Net Cash |
| Q3 2025 | -10.2x | Net Cash |
| Q2 2025 | -9.3x | Net Cash |
| Q1 2025 | -9.5x | Net Cash |
| Q4 2024 | -9.2x | Net Cash |
CUBI has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CUBI.
CUBI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 75.0 | Neutral |
CUBI's weekly RSI is 62 (neutral) and its Stochastic is 75 (neutral).
CUBI PE vs Financial Services Sector
| Metric | CUBI | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 21% below |
| PE % | 79 | 63 | 16 pts above |
CUBI is trading at 10x earnings, a 21% discount to the Financial Services sector's median of 13x.
CUBI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.0 | 6.5% above |
| 20 week MA | $79.5 | 7.2% above |
| 50 week MA | $76.2 | 12% above |
| 100 week MA | $66.9 | 27% above |
| 200 week MA | $54.4 | 57% above |
CUBI is in an uptrend: it's above all five of its weekly moving averages, and 57% above its 200-week average.
CUBI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.7 | $17.9 | -24% |
| 2021 | $17.9 | $63.0 | +251% |
| 2022 | $63.0 | $28.3 | -55% |
| 2023 | $28.3 | $57.6 | +104% |
| 2024 | $57.6 | $48.3 | -16% |
| 2025 | $48.3 | $75.7 | +57% |
| 2026 YTD | $75.7 | $85.2 | +13% |
CUBI's yearly returns have swung widely, from +251% in 2021 to −55% in 2022. It's up 13% so far in 2026.