News Image

Is CUSTOMERS BANCORP INC (NYSE:CUBI) suited for growth investing?

By Mill Chart

Last update: Jan 29, 2024

In this article we will dive into CUSTOMERS BANCORP INC (NYSE:CUBI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CUSTOMERS BANCORP INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of CUSTOMERS BANCORP INC

  • The quarterly earnings of CUSTOMERS BANCORP INC have shown a 39.46% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • CUSTOMERS BANCORP INC has experienced 45.07% q2q revenue growth, indicating a significant sales increase.
  • CUSTOMERS BANCORP INC has experienced 40.83% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • CUSTOMERS BANCORP INC exhibits a strong Return on Equity (ROE) of 12.99%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • The Relative Strength (RS) of CUSTOMERS BANCORP INC has consistently been strong, with a current 95.8 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. CUSTOMERS BANCORP INC demonstrates promising potential for sustained price momentum.
  • CUSTOMERS BANCORP INC maintains a healthy Debt-to-Equity ratio of 0.2. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • CUSTOMERS BANCORP INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 81.26%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

What is the technical picture of NYSE:CUBI telling us.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, CUBI scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • CUBI is part of the Banks industry. There are 416 other stocks in this industry. CUBI outperforms 98% of them.
  • CUBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CUBI is lagging the market slightly.
  • When comparing the yearly performance of all stocks, we notice that CUBI is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
  • In the last month CUBI has a been trading in the 49.66 - 60.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of CUBI for a complete technical analysis.

What else is there to say on the fundamentals of NYSE:CUBI?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Overall CUBI gets a fundamental rating of 3 out of 10. We evaluated CUBI against 416 industry peers in the Banks industry. CUBI has a bad profitability rating. Also its financial health evaluation is rather negative. CUBI has a decent growth rate and is not valued too expensively.

For an up to date full fundamental analysis you can check the fundamental report of CUBI

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

Back

CUSTOMERS BANCORP INC

NYSE:CUBI (4/26/2024, 3:20:03 PM)

After market: 46.82 0 (0%)

46.82

-2.71 (-5.47%)

CUBI News

News Image21 hours ago - InvestorPlaceCUBI Stock Earnings: Customers Bancorp Misses EPS, Misses Revenue for Q1 2024

CUBI stock results show that Customers Bancorp missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

News Image21 hours ago - BusinessInsiderCUBI Stock Earnings: Customers Bancorp Misses EPS, Misses Revenue for Q1 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Customers Bancorp (NYSE:CUBI) just reported results for the first quarter of 20...

News Imagea day ago - Customers Bancorp, Inc.Customers Bancorp Reports Results for First Quarter
News Imagea day ago - BloombergCustomers Bancorp Revises Account of CFO Exit, Calling It Mutual

Customers Bancorp Inc. said the departure of Chief Financial Officer Carla Leibold was by mutual agreement, updating an earlier statement that she was terminated for violating company policy.

News Image7 days ago - Market News VideoNoteworthy Friday Option Activity: TCBK, CVX, CUBI
News Image11 days ago - Customers Bancorp, Inc.Customers Bancorp, Inc. to Host First Quarter 2024 Earnings Webcast on Friday, April 26, 2024
News Image14 days ago - BloombergCustomers Bancorp Says It Ousted CFO, Who Disputes Its Account

Customers Bancorp Inc., one of the buyers of failed lender Signature Bank’s assets last year, said it ousted and replaced Chief Financial Officer Carla Leibold for violating company policy.

News Image17 days ago - Customers BankCustomers Bank Onboards 10 Experienced Banking Teams and Accelerates Deposit Transformation; Builds Prominence on East, West Coasts
News Image2 months ago - Customers Bancorp, Inc.Customers Bancorp, Inc. Subordinated Notes to Convert from Fixed to Floating Rate
News Image3 months ago - Customers Bancorp, Inc.Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock
News Image3 months ago - Market News VideoDecember 20th Options Now Available For Customers Bancorp (CUBI)
News Image3 months ago - Customers Bancorp, Inc.Customers Bancorp Reports Results for Fourth Quarter and Full Year 2023
CUBI Links
Follow us for more