Australia markets close in 5 minutes
  • ALL ORDS

    6,992.70
    -40.80 (-0.58%)
     
  • ASX 200

    6,780.10
    -37.40 (-0.55%)
     
  • AUD/USD

    0.6411
    -0.0004 (-0.07%)
     
  • OIL

    88.31
    -0.14 (-0.16%)
     
  • GOLD

    1,717.80
    -3.00 (-0.17%)
     
  • BTC-AUD

    31,133.53
    -852.85 (-2.67%)
     
  • CMC Crypto 200

    453.96
    -9.17 (-1.98%)
     
  • AUD/EUR

    0.6541
    -0.0000 (-0.00%)
     
  • AUD/NZD

    1.1332
    +0.0014 (+0.12%)
     
  • NZX 50

    11,103.79
    -21.41 (-0.19%)
     
  • NASDAQ

    11,485.50
    -87.70 (-0.76%)
     
  • FTSE

    6,997.27
    -55.35 (-0.78%)
     
  • Dow Jones

    29,926.94
    -346.96 (-1.15%)
     
  • DAX

    12,470.78
    -46.42 (-0.37%)
     
  • Hang Seng

    17,809.40
    -202.75 (-1.13%)
     
  • NIKKEI 225

    27,108.86
    -202.44 (-0.74%)
     

This Tech-Driven Bank Stock Is Still Dirt Cheap

·5-min read
This Tech-Driven Bank Stock Is Still Dirt Cheap

The fact that the market is missing this performance, growth, and expansion leads me to believe Customers Bancorp stock is undervalued. Specialty commercial loans grew by $1.6 billion in the second quarter of the year. Customers continue to work on rolling out other digital lending products for small- to medium-sized businesses, such as revolving term loans, equipment finance loans, and commercial credit cards.