|Bid||25.27 x 900|
|Ask||25.44 x 800|
|Day's range||25.25 - 25.39|
|52-week range||24.40 - 25.80|
|Beta (5Y monthly)||1.61|
|PE ratio (TTM)||2.52|
|Forward dividend & yield||1.49 (5.86%)|
|Ex-dividend date||30 Aug 2022|
|1y target est||N/A|
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.
The consensus price target hints at a 66% upside potential for Customers Bancorp (CUBI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Customers Bancorp (CUBI) delivered earnings and revenue surprises of -1.67% and 0.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?