33

Customers Bancorp IncFRA Customers Stock Report

Last reporting period 30 Sep, 2023

Updated 13 Nov, 2024

Last price

Market cap $B

1.452

Small

Exchange

XFRA - Deutsche Boerse AG

334.F Stock Analysis

33

Uncovered

Customers Bancorp Inc is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-35.6 %

Overvalued

Market cap $B

1.452

Dividend yield

Shares outstanding

31.602 B

Customers Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking services through its subsidiary, Customers Bank. The company is headquartered in West Reading, Pennsylvania and currently employs 665 full-time employees. The company went IPO on 2013-05-16. The Bank has diversified lending activities and serves its customers through a single-point-of-contact private banking strategy with a focus on community banking businesses, including commercial; industrial; commercial real estate loans, to borrowers in Pennsylvania, New Jersey, New York City, New England and other geographies; multi-family lending, small business administration (SBA) lending; and residential mortgage lending. The Bank also serves specialty niche businesses nationwide, including its commercial loans to mortgage banking businesses, commercial equipment financing, specialty lending and consumer loans through relationships with fintech companies. The Bank soft launched CBIT on the TassatPay blockchain-based instant business-to-business (B2B) payments platform, which serves an array of B2B clients who want the benefit of instant payments.

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