|Bid||70.13 x 1000|
|Ask||70.29 x 800|
|Day's range||69.56 - 73.31|
|52-week range||20.97 - 76.13|
|Beta (5Y monthly)||1.61|
|PE ratio (TTM)||9.09|
|Earnings date||24 Jan 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||73.25|
Customers Bancorp (CUBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WEST READING, Pa., January 13, 2022--Customers Bancorp, Inc. will host a webcast at 9:00 AM EST on Tuesday, January 25, 2022, to report 4th quarter 2021, and year-end 2021 earnings.
Bank stocks are expected to outperform in 2022, largely because the Federal Reserve is projected to raise interest rates this year, which benefits most banks. All of this should help restore banks' net interest margin, which essentially shows the difference between what a bank makes on interest-earning assets like loans and securities, and pays out on interest-bearing liabilities like deposits. Three bank stocks that I would recommend buying this year are Customers Bancorp (NYSE: CUBI), Triumph Bancorp (NASDAQ: TBK), and SVB Financial Group (NASDAQ: SIVB), the parent of Silicon Valley Bank.