Previous close | 25.59 |
Open | 25.60 |
Bid | 22.63 x 800 |
Ask | 25.75 x 800 |
Day's range | 25.62 - 25.64 |
52-week range | 24.40 - 25.80 |
Volume | |
Avg. volume | 4,167 |
Market cap | 621.728M |
Beta (5Y monthly) | 1.61 |
PE ratio (TTM) | 2.55 |
EPS (TTM) | 10.03 |
Earnings date | N/A |
Forward dividend & yield | 1.49 (5.82%) |
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.
WEST READING, Pa., July 29, 2022--Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.445233 per share. The dividend is payable on September 15, 2022, to shareholders of record on August 31, 2022.
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.