Customers Bancorp Inc (NYSE:CUBI) Institutional Investors Sentiment Change

Customers Bancorp, Inc. (NYSE:CUBI) Logo

Sentiment for Customers Bancorp Inc (NYSE:CUBI)

Customers Bancorp Inc (NYSE:CUBI) institutional sentiment increased to 1.32 in 2018 Q2. Its up 0.10, from 1.22 in 2018Q1. The ratio improved, as 78 funds opened new and increased holdings, while 59 trimmed and sold equity positions in Customers Bancorp Inc. The funds in our partner’s database now have: 24.44 million shares, up from 23.70 million shares in 2018Q1. Also, the number of funds holding Customers Bancorp Inc in their top 10 holdings decreased from 3 to 1 for a decrease of 2. Sold All: 13 Reduced: 46 Increased: 60 New Position: 18.

Customers Bancorp, Inc. operates as the bank holding firm for Customers Bank that provides financial services and products to small and middle market businesses, not-for-profits, and consumers. The company has market cap of $574.81 million. The firm accepts various deposit products, such as checking, savings, money market deposit, time deposit, individual retirement, and non-retail time deposit accounts, as well as certificates of deposit. It has a 9.64 P/E ratio. The Company’s loan products include commercial lending products comprising business banking commercial and industrial lending; small and middle market business banking, such as small business administration loans; multi-family and commercial real estate lending; and commercial loans to mortgage originators, as well as consumer lending products comprising mortgage and home equity lending.

The stock increased 0.67% or $0.12 during the last trading session, reaching $18.14. About 380,086 shares traded or 35.14% up from the average. Customers Bancorp, Inc. (NYSE:CUBI) has declined 15.89% since December 7, 2017 and is downtrending. It has underperformed by 31.51% the S&P500.

Analysts await Customers Bancorp, Inc. (NYSE:CUBI) to report earnings on January, 23. They expect $0.59 EPS, up 7.27 % or $0.04 from last year’s $0.55 per share. CUBI’s profit will be $18.70M for 7.69 P/E if the $0.59 EPS becomes a reality. After $0.62 actual EPS reported by Customers Bancorp, Inc. for the previous quarter, Wall Street now forecasts -4.84 % negative EPS growth.

Tieton Capital Management Llc holds 3.63% of its portfolio in Customers Bancorp, Inc. for 165,363 shares. First Wilshire Securities Management Inc owns 338,466 shares or 2.86% of their US portfolio. Moreover, Hillcrest Asset Management Llc has 2.19% invested in the company for 413,897 shares. The Florida-based Zpr Investment Management has invested 1.98% in the stock. New Amsterdam Partners Llc Ny, a New York-based fund reported 211,998 shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $2.45 million activity.

More notable recent Customers Bancorp, Inc. (NYSE:CUBI) news were published by: Globenewswire.com which released: “Customers Bank Names Justin M. Mann as Treasurer – GlobeNewswire” on October 10, 2018, also Bizjournals.com with their article: “Customers Bancorp suspends BankMobile deal, plans partnership with T-Mobile – Philadelphia Business Journal” published on October 17, 2018, Globenewswire.com published: “Customers Bank Named Top Minority Lender by Pennsylvania Housing Finance Agency – GlobeNewswire” on April 03, 2018. More interesting news about Customers Bancorp, Inc. (NYSE:CUBI) were released by: Globenewswire.com and their article: “UPDATE — Customers Bancorp, Inc. to Announce Fourth Quarter 2017 Earnings on Wednesday, January 24, 2018 – GlobeNewswire” published on January 12, 2018 as well as Globenewswire.com‘s news article titled: “Customers Bank Opens Washington, D.C. Private & Commercial Banking Office and Adds Ronald K. Hobson to their Roster – GlobeNewswire” with publication date: May 01, 2018.

Customers Bancorp, Inc. (NYSE:CUBI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.