|Bid||25.00 x 1000|
|Ask||25.23 x 1800|
|Day's range||24.82 - 24.99|
|52-week range||23.42 - 25.54|
|Beta (5Y monthly)||1.61|
|PE ratio (TTM)||2.49|
|Forward dividend & yield||1.46 (5.91%)|
|Ex-dividend date||30 Aug 2022|
|1y target est||N/A|
WEST READING, Pa., August 25, 2022--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, "Customers"), has appointed Raj Date, Managing Partner of Fenway Summer LLC, a Washington DC-based investment and advisory firm and the first-ever Deputy Director of the U.S. Consumer Financial Protection Bureau (CFPB), to the Board of the holding company and bank.
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.