Customers Bancorp (CUBI)


Market Price (11/13/2026): $85.365 | Market Cap: $2.8 BilSector: Financials | Industry: Regional Banks

Customers Bancorp (CUBI)


Market Price (11/13/2026): $85.365
Market Cap: $2.8 Bil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.1%, FCF Yield is 7.1%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -62%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22%

Low stock price volatility
Vol 12M is 30%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Crypto & Blockchain. Themes include Digital Payments, Online Banking & Lending, Show more.

Trading close to highs
Dist 52W High is -2.6%, Dist 3Y High is -2.6%

Key risks
CUBI key risks include [1] regulatory enforcement actions and lawsuits stemming from significant deficiencies in its anti-money laundering (AML) compliance for its digital asset services, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.1%, FCF Yield is 7.1%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -62%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27%
3 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22%
4 Low stock price volatility
Vol 12M is 30%
5 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Crypto & Blockchain. Themes include Digital Payments, Online Banking & Lending, Show more.
6 Trading close to highs
Dist 52W High is -2.6%, Dist 3Y High is -2.6%
7 Key risks
CUBI key risks include [1] regulatory enforcement actions and lawsuits stemming from significant deficiencies in its anti-money laundering (AML) compliance for its digital asset services, Show more.

CUBI in ETFs

Weight = CUBI's share of each fund

VTI0.00%
ITOT0.00%
IWM0.09%
IJR0.16%
KRE0.87%
AVUV0.30%
IWN0.17%
IJT0.16%
+13 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Prices as of 11/12/2026

Oct 23: up 7.4% the day after its Oct 22 earnings report (S&P 500 down 0.5%)
The stock rose after Customers Bancorp reported its third quarter earnings on October 22, 2026. The company's reported earnings of $2.27 per share and revenue beat consensus estimates.

Up 35.2% from its Mar 13 low to Oct 29 (S&P 500 up 16.8%)
The stock gained significantly, with its advance partly driven by the company's strong third quarter earnings. Major daily gains occurred on April 27, 2026 without company news, and on October 23, 2026 after beating earnings estimates.

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Prices as of 11/12/2026

Oct 23: up 7.4% the day after its Oct 22 earnings report (S&P 500 down 0.5%)
The stock rose after Customers Bancorp reported its third quarter earnings on October 22, 2026. The company's reported earnings of $2.27 per share and revenue beat consensus estimates.

Up 35.2% from its Mar 13 low to Oct 29 (S&P 500 up 16.8%)
The stock gained significantly, with its advance partly driven by the company's strong third quarter earnings. Major daily gains occurred on April 27, 2026 without company news, and on October 23, 2026 after beating earnings estimates.

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Stock Movement Drivers

Fundamental Drivers

The 8.3% change in CUBI stock from 7/31/2026 to 11/12/2026 was primarily driven by a 3.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)731202611122026Change
Stock Price ($)78.6885.208.3%
Change Contribution By: 
Total Revenues ($ Mil)8859143.3%
Net Income Margin (%)31.7%32.2%1.4%
P/E Multiple9.59.82.3%
Shares Outstanding (Mil)34341.1%
Cumulative Contribution8.3%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/12/2026
ReturnCorrelation
CUBI8.3% 
Market (SPY)1.4%40.5%
Sector (XLF)2.2%43.7%

Fundamental Drivers

The 11.7% change in CUBI stock from 4/30/2026 to 11/12/2026 was primarily driven by a 15.1% change in the company's Net Income Margin (%).
(LTM values as of)430202611122026Change
Stock Price ($)76.2785.2011.7%
Change Contribution By: 
Total Revenues ($ Mil)80191414.0%
Net Income Margin (%)28.0%32.2%15.1%
P/E Multiple11.69.8-16.1%
Shares Outstanding (Mil)34341.4%
Cumulative Contribution11.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/12/2026
ReturnCorrelation
CUBI11.7% 
Market (SPY)5.6%29.3%
Sector (XLF)12.1%41.9%

Fundamental Drivers

The 26.9% change in CUBI stock from 10/31/2025 to 11/12/2026 was primarily driven by a 43.0% change in the company's Net Income Margin (%).
(LTM values as of)1031202511122026Change
Stock Price ($)67.1285.2026.9%
Change Contribution By: 
Total Revenues ($ Mil)65591439.5%
Net Income Margin (%)22.5%32.2%43.0%
P/E Multiple14.49.8-32.1%
Shares Outstanding (Mil)3234-6.3%
Cumulative Contribution26.9%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/12/2026
ReturnCorrelation
CUBI26.9% 
Market (SPY)11.9%37.1%
Sector (XLF)12.5%53.0%

Fundamental Drivers

The 111.9% change in CUBI stock from 10/31/2023 to 11/12/2026 was primarily driven by a 50.7% change in the company's P/E Multiple.
(LTM values as of)1031202311122026Change
Stock Price ($)40.2185.20111.9%
Change Contribution By: 
Total Revenues ($ Mil)61791448.2%
Net Income Margin (%)31.5%32.2%2.3%
P/E Multiple6.59.850.7%
Shares Outstanding (Mil)3134-7.3%
Cumulative Contribution111.9%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/12/2026
ReturnCorrelation
CUBI111.9% 
Market (SPY)87.3%46.5%
Sector (XLF)87.8%61.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CUBI Return260%-57%103%-16%50%17%369%
Peers Return84%-28%0%24%19%10%113%
S&P 500 Return27%-19%24%23%16%11%103%

Monthly Win Rates [3]
CUBI Win Rate92%25%75%33%67%55% 
Peers Win Rate70%42%45%58%60%51% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
CUBI Max Drawdown-19%-64%-51%-34%-27%-20% 
Peers Max Drawdown-19%-41%-60%-22%-29%-21% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: WAL, EWBC, ZION, BANC, MCB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/12/2026 (YTD)

How Low Can It Go

EventCUBIS&P 500
2025 US Tariff Shock
  % Loss-23.9%-18.8%
  % Gain to Breakeven31.4%23.1%
  Time to Breakeven78 days79 days
2024 Yen Carry Trade Unwind
  % Loss-14.0%-7.8%
  % Gain to Breakeven16.2%8.5%
  Time to Breakeven86 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-21.8%-9.5%
  % Gain to Breakeven27.9%10.5%
  Time to Breakeven20 days24 days
2023 SVB Regional Banking Crisis
  % Loss-50.3%-6.7%
  % Gain to Breakeven101.4%7.1%
  Time to Breakeven64 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-56.0%-24.5%
  % Gain to Breakeven127.3%32.4%
  Time to Breakeven1057 days427 days
2020 COVID-19 Crash
  % Loss-59.5%-33.7%
  % Gain to Breakeven146.7%50.9%
  Time to Breakeven278 days140 days

Compare to WAL, EWBC, ZION, BANC, MCB

In The Past

Customers Bancorp's stock fell -23.9% during the 2025 US Tariff Shock. Such a loss loss requires a 31.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCUBIS&P 500
2025 US Tariff Shock
  % Loss-23.9%-18.8%
  % Gain to Breakeven31.4%23.1%
  Time to Breakeven78 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-21.8%-9.5%
  % Gain to Breakeven27.9%10.5%
  Time to Breakeven20 days24 days
2023 SVB Regional Banking Crisis
  % Loss-50.3%-6.7%
  % Gain to Breakeven101.4%7.1%
  Time to Breakeven64 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-56.0%-24.5%
  % Gain to Breakeven127.3%32.4%
  Time to Breakeven1057 days427 days
2020 COVID-19 Crash
  % Loss-59.5%-33.7%
  % Gain to Breakeven146.7%50.9%
  Time to Breakeven278 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-28.4%-19.2%
  % Gain to Breakeven39.7%23.8%
  Time to Breakeven312 days105 days

Compare to WAL, EWBC, ZION, BANC, MCB

In The Past

Customers Bancorp's stock fell -23.9% during the 2025 US Tariff Shock. Such a loss loss requires a 31.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Customers Bancorp (CUBI)

Customers Bancorp, Inc. (CUBI) functions as the bank holding company for Customers Bank, providing a comprehensive range of financial products and services. At its core, the company engages in traditional banking activities, catering to both individual consumers and various businesses.

The bank's main offerings include a variety of deposit products such as checking, savings, and money market accounts. For lending, CUBI provides an extensive portfolio, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking and small business loans, equipment financing, residential mortgage loans, and installment loans. Complementing these, the bank offers modern conveniences like mobile and internet banking, wire transfers, electronic bill payment, and advanced cash management services for businesses, such as remote deposit capture, lock box services, and positive pay.

Customers Bank primarily serves individual consumers, alongside small and middle-market businesses. Its operations are concentrated across Southeastern Pennsylvania, New York, New Jersey, Massachusetts, Rhode Island, New Hampshire, and other major markets including Washington D.C., Chicago, Dallas, Orlando, and Wilmington, North Carolina, supported by 12 full-service branches and various administrative and production offices.

AI Analysis | Feedback

Here are 1-3 brief analogies for Customers Bancorp (CUBI):

  • A regional bank serving individual consumers and small-to-middle market businesses, similar to a smaller PNC or U.S. Bancorp.
  • Think of them as a business-focused regional bank, akin to a scaled-down M&T Bank or KeyCorp.

AI Analysis | Feedback

  • Deposit Accounts: Offers various checking, savings, and money market deposit accounts for consumers and businesses.
  • Loan Products: Provides a diverse portfolio of loans including commercial, multi-family, real estate, business, equipment, and residential mortgages.
  • Digital Banking Services: Delivers convenient mobile banking, internet banking, and electronic bill payment services.
  • Cash Management & Business Services: Offers a suite of services like remote deposit capture, merchant processing, and comprehensive cash management solutions for businesses.

AI Analysis | Feedback

Customers Bancorp (CUBI) primarily serves a diverse customer base consisting of both individuals and various business segments. It does not list specific public companies as major customers. Instead, its customers fall into the following categories:

  • Individual Consumers: Individuals who utilize a range of personal banking products and services, including checking, savings, MMDA, and other deposit accounts, as well as residential mortgage loans and installment loans. They also access traditional banking activities like mobile and internet banking.
  • Small Businesses: Small enterprises and entrepreneurs that require financial products and services tailored to their operational needs. This includes business banking services, small business loans, equipment financing, and various cash management tools.
  • Middle Market Businesses: Larger private companies and commercial entities that benefit from more extensive financial solutions such as commercial mortgage warehouse loans, multi-family and commercial real estate loans, and advanced cash management services like lock box services, remote deposit capture, and positive pay.

AI Analysis | Feedback

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AI Analysis | Feedback

Sam Sidhu, Chief Executive Officer

Sam Sidhu became the Chief Executive Officer of Customers Bancorp, Inc. on January 1, 2026. He also serves as the President & Chief Executive Officer of Customers Bank. Prior to joining Customers Bank full-time, Mr. Sidhu founded and served as CEO of Megalith Capital Management, a real estate-focused private equity firm that primarily invested in New York City. He also gained experience in private equity with Providence Equity Partners and in investment banking with Goldman Sachs. Mr. Sidhu joined the Customers Bank board in 2012, became Chief Operating Officer of Customers Bank in January 2020, and was promoted to President & Chief Executive Officer of Customers Bank in July 2021.

Mark McCollom, EVP & Chief Financial Officer

Mark McCollom is the Executive Vice President and Chief Financial Officer of Customers Bancorp, Inc.

Jay Sidhu, Executive Chairman

Jay Sidhu is the Executive Chairman of Customers Bancorp, Inc. and Customers Bank. He previously served as the Chairman and Chief Executive Officer of Sovereign Bancorp, Inc., growing it from an initial public offering (IPO) value of $12 million to the 17th largest banking institution in the U.S. with a market capitalization approaching $12 billion. Mr. Sidhu returned to the banking industry by acquiring a small bank, which was later renamed Customers Bank, and oversaw its growth from approximately $250 million to over $21 billion in assets without significant acquisitions. In 2015, he co-founded BankMobile with his daughter. He is also the author of an autobiography titled "Never Ever, Ever Give Up."

Andrew Bowman, Senior Executive Vice President and Chief Credit Officer

Andrew Bowman holds the titles of Senior Executive Vice President and Chief Credit Officer, and is a member of the Office of the Chair at Customers Bank. He joined Customers Bank in 2010 and brings over 30 years of credit industry experience from both large and small banks, as well as non-traditional credit markets. During his career, he has managed commercial loan portfolios with values up to approximately $1 billion. Previously, Mr. Bowman served as the senior vice president and director of special loans at VIST Financial.

Nicholas Robinson, EVP & Chief Risk Officer

Nicholas Robinson is the Executive Vice President and Chief Risk Officer.

AI Analysis | Feedback

Here are the key risks to Customers Bancorp (CUBI):

  1. Credit Risk: Customers Bancorp is highly susceptible to credit risk, which is the possibility that borrowers will not repay their loans. This is a constant concern for the business. An allowance for credit losses exceeding $155 million was set aside by the end of 2025 to cover potential losses. A significant portion of the loan portfolio, over 91%, is composed of commercial real estate loans, meaning a downturn in this sector could severely impact the company. Analysts closely monitor for potential increases in credit costs and a slowdown in loan demand, which could also pressure net interest margins.
  2. Deposit Concentration and Liquidity Risk from Digital Assets: A major internal risk for Customers Bancorp stems from deposit concentration within its proprietary digital banking platform, cubiX. Deposits related to digital assets constitute a substantial part of the funding mix, making up approximately 16% to 17% of total deposits. This creates a vulnerability, as rapid deposit outflows could occur if crypto markets destabilize, a risk less common for more diversified banks.
  3. Regulatory and Compliance Risk: Customers Bancorp faces the ongoing threat of regulatory shifts in the banking sector. As a bank with over $10 billion in assets, it is subject to increased regulatory scrutiny, including from the Consumer Financial Protection Bureau and higher FDIC premium assessments. Compliance with these regulations can lead to additional costs and operational constraints. The Federal Reserve has identified significant deficiencies in the bank's risk management practices and compliance with anti-money laundering (AML) laws and regulations, leading to enforcement actions and a consent order regarding AML compliance.

AI Analysis | Feedback

The increasing competition from digital-first financial technology (fintech) companies and neobanks poses a clear emerging threat. These entities often offer more agile, user-friendly, and sometimes lower-cost alternatives for banking services, including deposits, loans, and cash management, directly competing with Customers Bancorp's offerings for individual consumers and small to middle-market businesses.

AI Analysis | Feedback

Customers Bancorp (symbol: CUBI) operates in several addressable markets within the United States for its main products and services:

  • Commercial Mortgage Warehouse Loans: The warehouse lending industry in the U.S. is estimated to be a $600 billion market.
  • Multi-family and Commercial Real Estate Loans: The U.S. commercial mortgage market is valued at approximately $5.5 trillion. More specifically, total commercial and multifamily mortgage lending was estimated at $498 billion in 2024, with multifamily properties accounting for an estimated $326 billion of that total. Multi-family lending alone saw $288.7 billion in new mortgages originated in 2024. Total commercial and multifamily mortgage lending is projected to increase to $583 billion in 2025 and $709 billion in 2026.
  • Small Business Loans: The U.S. small business loan market was valued at $245.39 billion in 2023 and is projected to grow to $349.64 billion by 2033.
  • Equipment Financing: The U.S. equipment finance industry expanded to an estimated $1.34 trillion in 2023.
  • Residential Mortgage Loans: The total single-family mortgage origination volume in the U.S. is expected to reach $2.0 trillion in 2025 and increase to $2.2 trillion in 2026.
  • Deposit Products (Checking, Savings, MMDA) and Traditional Banking Activities (including mobile banking, internet banking): These services fall under the broader U.S. retail banking market, which was valued at approximately $870 billion in 2025 and is estimated to grow to $1,112.2 billion by 2031. Another estimate places the U.S. retail banking market revenue at $454.3 billion in 2024, projected to reach $678.3 billion by 2033.
  • Cash Management Services: The demand for cash management services (CMS) in the U.S. is projected to grow from $1.6 billion in 2025 to $3.7 billion by 2035.

AI Analysis | Feedback

Customers Bancorp (CUBI) is expected to drive future revenue growth over the next 2-3 years through several strategic initiatives and strong market performance:

  1. Robust Loan and Deposit Growth: Customers Bancorp has demonstrated consistent growth in its core lending and deposit businesses, with full-year 2025 deposit growth reaching 10.3% and loan growth at 14.5%. For 2026, the company is targeting 8-12% growth in both loans and deposits, indicating continued expansion in its primary banking activities. This growth is supported by strong loan pipelines and a strategic remixing of its loan portfolio to include new lending verticals.
  2. Expansion and Adoption of the cubiX Platform: The company's proprietary digital banking platform, cubiX, is a significant driver of future revenue. This platform is enhancing the bank's competitive position in digital asset management and real-time payments, serving as a "mission-critical" solution for commercial clients. In 2025, cubiX processed over $2 trillion in payments, positioning Customers Bancorp as a leading U.S. commercial payments network, and its average client deposit balances grew significantly, reaching $3.9 billion. Continued expansion and broadening adoption of cubiX are expected to further drive revenue through tech-driven payment services.
  3. Strategic Recruitment of Banking Teams and Market Expansion: Customers Bancorp is actively expanding its market reach and deposit-gathering capabilities by strategically recruiting new banking teams and top talent. These commercial banking teams contributed significantly to deposit growth, adding $1.6 billion in deposits in 2025. The bank is transforming into a specialized commercial bank, focusing on integrating venture capital and commercial banking teams to diversify its customer base and geographic footprint.
  4. Net Interest Income (NII) and Net Interest Margin (NIM) Expansion: The bank has shown consistent improvement in its net interest margin, which expanded by 19 basis points in Q3 2025, marking its fourth consecutive quarterly increase. Net interest income reached a record $750.5 million in 2025, representing a 14.7% increase from the prior year. Management is optimistic about continued NII growth, projecting it to be between $800 million and $830 million for 2026, driven by both balance sheet growth and margin benefits.

AI Analysis | Feedback

Share Repurchases

  • Customers Bancorp authorized a new common stock repurchase plan for up to $100 million of its outstanding shares over a one-year period, effective February 12, 2026.
  • The timing, price, and amount of repurchases are at the company's discretion and depend on factors such as capital levels, liquidity, financial performance, and market conditions.
  • The company plans to fund any repurchases with cash on hand.

Share Issuance

  • In September 2025, Customers Bancorp completed an underwritten public offering of 2,189,781 shares of its voting common stock, generating approximately $150 million in gross proceeds.
  • The net proceeds from the common stock offering are intended for general corporate purposes, including supporting organic growth, refinancing debt, repurchasing common stock, redeeming preferred stock, and potential investments or acquisitions.
  • The company also completed a $100 million subordinated debt issuance on December 22, 2025.

Outbound Investments

  • Customers Bancorp has expanded its operations through venture banking and commercial banking team "lift-outs" in various geographic locations and specialized national niches.
  • The company's use of proceeds from common stock offerings includes financing possible investments or acquisitions.

Capital Expenditures

  • Non-interest expenses increased in Q4 2025, partly due to commercial lease depreciation associated with the bank's continued growth, indicating investments in physical infrastructure.
  • The company is making significant investments in AI and other technology, as well as in compliance.

Peer Outperformance in Regional Banks

CUBI has trailed 52% of its 265 Regional Banks peers over 5Y. Among the peers that beat it are FCNCA, BPOP and SRCE. Regional Banks ranks 8th of 18 industries in Financials by median 5Y return.
Share of Regional Banks constituents that CUBI has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
43%
of 284 industry peers · 26.5% return
3Y
64%
of 275 industry peers · 105.3% return
5Y
48%
of 265 industry peers · 43.9% return
Regional Banks peers with revenue growth within 4pp of CUBI's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
CUBI Customers Bancorp 10.7% 9.8x 26.5%105.3%43.9% —
FCNCA First Citizens BancShares 8.2% 10.9x 27.0%66.7%182.0% +138pp
BPOP Popular 7.0% 9.9x 38.3%151.0%115.0% +71pp
SRCE 1st Source 7.5% 11.9x 46.1%100.6%99.2% +55pp
WTFC Wintrust Financial 9.1% 11.3x 20.0%106.8%81.6% +38pp
MBIN Merchants Bancorp 13.9% 7.7x 66.6%74.2%79.9% +36pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is CUBI's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Reinsurance 6 32.7%70.1%120.1% SPNT 197% · RGA 170% · RNR 135%
Diversified Banks 12 29.4%142.4%90.8% CM 145% · JPM 133% · RY 128%
Multi-Sector Holdings 4 17.4%64.3%87.4% BRK-B 106% · VOYA 69% · JEF 31%
Investment Banking & Brokerage 13 -6.1%93.4%86.8% IBKR 355% · SNEX 172% · GS 155%
Life & Health Insurance 20 10.5%53.3%80.5% JXN 431% · UNM 245% · FG 214%
Property & Casualty Insurance 42 13.9%74.2%68.1% TRV 182% · PGR 174% · ACGL 173%
Multi-line Insurance 9 8.1%72.8%60.5% AIZ 118% · L 99% · GNW 94%
Regional Banks ← 266 29.7%90.4%46.1% CBC 275% · FCNCA 182% · NIC 142%
Insurance Brokers 15 0.6%8.2%18.1% LIFE 284% · ARX 89% · WTW 52%
Financial Exchanges & Data 15 17.0%33.5%13.5% CBOE 201% · VIRT 152% · CME 73%
Asset Management & Custody Banks 85 -8.2%18.2%8.1% VCTR 271% · WT 239% · AAMI 213%
Diversified Financial Services 4 -9.8%16.5%7.0% FRHC 126% · EQH 82%
Consumer Finance 30 -2.8%75.5%0.3% ENVA 289% · FCFS 145% · ECPG 86%
Commercial & Residential Mortgage Finance 14 -45.6%13.0%-3.7% FNMA 338% · FMCC 287% · ACT 161%
Specialized Finance 3 13.2%27.4%-22.3% HASI -22% · CACC -25%
Transaction & Payment Processing Services 17 15.4%9.7%-29.6% V 106% · CPAY 89% · MA 85%
Mortgage REITs 34 -24.5%-11.9%-42.1% RITM 32% · DX 9% · AGNC 4%
Diversified Capital Markets 20 -45.7%-25.5%-67.3% LPLA 81% · TW 40% · RIOT -60%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CUBIWALEWBCZIONBANCMCBMedian
NameCustomer.Western .East Wes.Zions Ba.Banc of .Metropol. 
Mkt Price85.3674.32131.1565.9517.8097.3079.84
Mkt Cap2.98.018.09.62.81.25.4
Rev LTM9143,9413,1123,7588803702,013
Op Inc LTM-------
FCF LTM204-2842,0812,127304127254
FCF 3Y Avg139-1,8241,6131,12519899168
CFO LTM321-1632,2112,257380136350
CFO 3Y Avg240-1,7241,6581,238231104235

Growth & Margins

CUBIWALEWBCZIONBANCMCBMedian
NameCustomer.Western .East Wes.Zions Ba.Banc of .Metropol. 
Rev Chg LTM26.9%18.3%10.7%13.4%-18.1%24.4%15.8%
Rev Chg 3Y Avg10.7%15.0%6.6%5.3%12.8%13.2%11.8%
Rev Chg Q3.3%8.0%5.7%2.3%5.8%26.0%5.7%
QoQ Delta Rev Chg LTM0.8%1.9%1.4%0.5%1.9%5.9%1.7%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM35.1%-4.1%71.0%60.1%43.1%36.8%40.0%
CFO/Rev 3Y Avg30.2%-53.9%58.3%35.0%27.2%32.3%31.3%
FCF/Rev LTM22.3%-7.2%66.9%56.6%34.6%34.3%34.4%
FCF/Rev 3Y Avg17.4%-56.8%56.8%31.7%23.0%30.7%26.8%

Valuation

CUBIWALEWBCZIONBANCMCBMedian
NameCustomer.Western .East Wes.Zions Ba.Banc of .Metropol. 
Mkt Cap2.98.018.09.62.81.25.4
P/S3.12.05.82.53.23.33.2
P/Op Inc-------
P/EBIT-------
P/E9.88.012.37.9-315.110.88.9
P/CFO9.0-48.98.24.27.48.87.8
Total Yield10.2%15.0%10.4%15.6%2.2%10.2%10.3%
Dividend Yield0.0%2.5%2.3%2.9%2.5%0.9%2.4%
FCF Yield 3Y Avg5.0%-19.5%11.3%13.0%7.5%11.6%9.4%
D/E0.80.90.20.31.10.00.5
Net D/E-0.6-1.1-0.1-1.10.3-1.0-0.8

Returns

CUBIWALEWBCZIONBANCMCBMedian
NameCustomer.Western .East Wes.Zions Ba.Banc of .Metropol. 
1M Rtn14.4%1.4%5.5%6.7%3.8%13.2%6.1%
3M Rtn2.4%-8.5%-2.9%-7.2%-8.8%3.5%-5.1%
6M Rtn15.6%-1.0%10.2%11.3%-3.5%10.9%10.5%
12M Rtn26.7%-5.1%27.7%30.5%5.4%42.8%27.2%
3Y Rtn105.7%83.1%148.2%122.4%69.8%184.5%114.1%
1M Excs Rtn17.6%4.8%7.2%8.8%6.1%14.5%8.0%
3M Excs Rtn4.3%-7.0%-1.3%-5.9%-7.1%6.0%-3.6%
6M Excs Rtn14.0%-2.6%8.6%9.7%-5.1%9.3%9.0%
12M Excs Rtn15.1%-15.8%16.8%18.7%-7.1%30.0%16.0%
3Y Excs Rtn23.8%-4.0%73.1%41.9%-14.3%97.4%32.9%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Single Segment687741633749461
Total687741633749461


Net Income by Segment
$ Mil20252024202320202019
Single Segment209166235  
BankMobile   3-5
Customers Bank Business Banking   11570
Total20916623511965


Assets by Segment
$ Mil20252024202020192018
Single Segment24,89622,308   
Adjustments and reconciling items00   
BankMobile  618530145
Customers Bank Business Banking  17,82210,9919,688
Total24,89622,30818,43911,5219,833


Price Behavior

Price Behavior
Market Price$85.20 
Market Cap ($ Bil)2.9 
First Trading Date02/21/2012 
Distance from 52W High-2.6% 
   50 Days200 Days
DMA Price$79.25$76.25
DMA Trendindeterminateindeterminate
Distance from DMA7.5%11.7%
 3M1YR
Volatility27.1%30.0%
Downside Capture46.4779.02
Upside Capture61.9096.17
Correlation (S&P 500)34.5%37.1%
CUBI Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta0.340.670.880.510.841.22
Up Beta0.270.231.660.360.781.17
Down Beta1.530.640.450.280.451.30
Up Capture109%108%94%66%109%180%
Bmk +ve Days12182862130427
Stock +ve Days14233467131382
Down Capture-101%39%63%60%94%105%
Bmk -ve Days10253664121325
Stock -ve Days8203059119368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CUBI
CUBI26.3%30.0%0.78-
Sector ETF (XLF)10.8%15.3%0.4553.5%
Equity (SPY)11.8%13.7%0.5536.5%
Gold (GLD)-6.6%28.9%-0.244.9%
Commodities (DBC)32.8%21.3%1.22-27.7%
Real Estate (VNQ)9.8%14.2%0.4133.6%
Bitcoin (BTCUSD)-28.5%43.4%-0.6617.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CUBI
CUBI8.0%50.8%0.33-
Sector ETF (XLF)9.6%18.4%0.3861.7%
Equity (SPY)11.6%17.3%0.5049.5%
Gold (GLD)16.2%19.2%0.68-3.8%
Commodities (DBC)8.2%19.6%0.306.1%
Real Estate (VNQ)1.4%18.9%-0.0443.1%
Bitcoin (BTCUSD)3.7%51.5%0.2522.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CUBI
CUBI14.0%49.2%0.45-
Sector ETF (XLF)13.6%22.1%0.5565.0%
Equity (SPY)15.5%18.0%0.7350.4%
Gold (GLD)11.1%16.6%0.54-6.6%
Commodities (DBC)7.6%18.1%0.3315.6%
Real Estate (VNQ)6.2%20.7%0.2546.0%
Bitcoin (BTCUSD)58.4%66.3%0.9815.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10302026
Short Interest: Shares Quantity2.8 Mil
Short Interest: % Change Since 101520261.6%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest7.6 days
Basic Shares Quantity33.7 Mil
Short % of Basic Shares8.2%

Earnings Returns History

Updated 11/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/22/20267.4%11.1% 
7/23/20260.6%2.8%4.9%
4/23/2026-4.0%-1.5%-3.0%
1/22/2026-8.2%-2.8%-14.3%
10/23/20257.0%2.6%0.7%
7/24/20250.4%3.8%11.8%
4/24/2025-2.9%-0.4%0.8%
1/23/202513.9%13.8%5.6%
...
SUMMARY STATS   
# Positive141113
# Negative101310
Median Positive5.5%10.2%11.8%
Median Negative-4.3%-2.8%-6.0%
Max Positive17.8%27.2%32.6%
Max Negative-16.0%-14.1%-20.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/22/20267.4%11.1% 
7/23/20260.6%2.8%4.9%
4/23/2026-4.0%-1.5%-3.0%
1/22/2026-8.2%-2.8%-14.3%
10/23/20257.0%2.6%0.7%
7/24/20250.4%3.8%11.8%
4/24/2025-2.9%-0.4%0.8%
1/23/202513.9%13.8%5.6%
10/31/2024-1.0%12.2%20.6%
7/25/20244.4%-5.8%-20.4%
4/25/2024-5.5%-4.3%-8.8%
1/25/20243.5%-0.4%0.2%
10/26/202317.8%23.9%32.6%
7/27/20230.0%-2.8%-17.2%
4/27/202317.1%-14.1%32.3%
1/25/2023-16.0%-3.7%-2.2%
10/26/2022-2.1%-2.7%-0.5%
7/27/2022-6.5%-7.3%-7.5%
4/27/20225.9%10.2%-1.8%
1/24/2022-4.6%-6.2%-4.4%
10/27/202111.9%27.2%22.8%
7/28/2021-3.6%-1.7%2.2%
4/29/20214.2%6.6%14.3%
1/27/20215.1%9.3%26.2%
SUMMARY STATS   
# Positive141113
# Negative101310
Median Positive5.5%10.2%11.8%
Median Negative-4.3%-2.8%-6.0%
Max Positive17.8%27.2%32.6%
Max Negative-16.0%-14.1%-20.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202611/06/202610-Q
06/30/202608/07/202610-Q
03/31/202605/08/202610-Q
12/31/202502/27/202610-K
09/30/202511/07/202510-Q
06/30/202508/07/202510-Q
03/31/202505/09/202510-Q
12/31/202402/28/202510-K
09/30/202411/12/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/29/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/09/202310-Q
12/31/202202/28/202310-K
Collapse to Preview
Report DateFiling DateFiling
09/30/202611/06/202610-Q
06/30/202608/07/202610-Q
03/31/202605/08/202610-Q
12/31/202502/27/202610-K
09/30/202511/07/202510-Q
06/30/202508/07/202510-Q
03/31/202505/09/202510-Q
12/31/202402/28/202510-K
09/30/202411/12/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/29/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/09/202310-Q
12/31/202202/28/202310-K
09/30/202211/08/202210-Q
06/30/202208/08/202210-Q
03/31/202205/09/202210-Q
12/31/202102/28/202210-K
09/30/202111/08/202110-Q
06/30/202108/09/202110-Q
03/31/202105/10/202110-Q
12/31/202003/02/202110-K
09/30/202011/06/202010-Q
06/30/202008/10/202010-Q
03/31/202005/11/202010-Q
12/31/201903/02/202010-K

Recent Forward Guidance

Updated 10/23/2026

Latest: Q3 2026 Earnings Reported 10/22/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Loan GrowthReported12.0%12.0%    
2026 Deposit GrowthReported9.0%9.0%    
2026 Net Interest IncomeReported805.00 Mil807.50 Mil810.00 Mil   
2026 Non-interest ExpenseReported460.00 Mil462.50 Mil465.00 Mil   
2026 Tax RateReported22.0%22.5%23.0%   


Prior: Q4 2025 Earnings Reported 1/22/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Loan GrowthReported8.0%10.0%12.0%   
2026 Deposit GrowthReported8.0%10.0%12.0%   
2026 CET1Reported0.120.120.13   
2026 Net Interest IncomeReported800.00 Mil815.00 Mil830.00 Mil   
2026 Non-interest ExpensesReported440.00 Mil450.00 Mil460.00 Mil   
2026 Tax RateReported23.0%24.0%25.0%   

Insider Activity

Updated 11/4/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Watkins, PhilipEVP, Head of Corp Devel & IRDirectSell1104202686.175,500473,9243,541,677Form
2Way, T LawrenceDirectSell1104202685.1672361,5716,633,112Form
3Way, T LawrenceDirectSell1104202683.8848,7964,093,2236,594,404Form
4Sidhu, Jay SExec. ChairmanDirectSell1102202687.4050,0004,370,19554,003,723Form
5Allon, Andrea RDirectSell817202682.8110,000828,1002,487,116Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Watkins, PhilipEVP, Head of Corp Devel & IRDirectSell1104202686.175,500473,9243,541,677Form
2Way, T LawrenceDirectSell1104202685.1672361,5716,633,112Form
3Way, T LawrenceDirectSell1104202683.8848,7964,093,2236,594,404Form
4Sidhu, Jay SExec. ChairmanDirectSell1102202687.4050,0004,370,19554,003,723Form
5Allon, Andrea RDirectSell817202682.8110,000828,1002,487,116Form
6Sidhu, Jay SChairmanDirectSell805202680.0968,8215,511,79153,479,857Form
7Sidhu, Jay SChairmanDirectSell731202679.0083565,96558,189,662Form
8Sidhu, Jay SChairmanDirectSell731202679.2030,3442,403,16958,401,266Form
9Cunningham, LyleChief Banking OfficerDirectSell601202675.0347,9143,594,9011,489,610Form
10Sidhu, Jay SChairmanDirectSell528202676.2360,3154,597,56558,507,723Form
11Sidhu, Samvir SCEODirectBuy512202672.581,00072,57837,864,698Form
12Watkins, PhilipEVP, Head of Corp DevelopmentDirectSell512202675.673,000227,0173,329,047Form
13Velasquez, Jessie John DeanoChief Accounting OfficerDirectSell1210202571.052,242159,285259,602Form
14Sidhu, Jay SChairman & CEODirectSell1203202569.43128,1858,900,09054,853,116Form
15Sidhu, Jay SChairman & CEODirectSell1128202570.067,479523,94764,326,356Form
16Watkins, PhilipEVP, Head of Corp DevelopmentDirectSell1125202565.042,900188,6233,307,346Form
17Sidhu, Jay SChairman & CEODirectSell1112202568.392,522172,48163,308,836Form
18Sidhu, Jay SChairman & CEODirectSell1112202568.0524,7841,686,46463,161,918Form
19Sidhu, Jay SChairman & CEODirectSell1112202568.6913,595933,87365,463,926Form
20Banks, Bernard BennettDirectSell1110202566.939,000602,370503,581Form
21Sidhu, Jay SChairman & CEODirectSell1107202567.751,26385,56865,486,879Form
22Sidhu, Jay SChairman & CEODirectSell1107202567.7622,1721,502,33765,580,480Form

Investor Activity (13F)

Updated Nov 13, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Philadelphia Financial Management of San Francisco, LLC$8.6 Mil2.8%42TRIM -23.5%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Philadelphia Financial Management of San Francisco, LLC$8.6 Mil2.8%42TRIM -23.5%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Philadelphia Financial Management of San Francisco, LLC$8.6 Mil2.8%42TRIM -23.5%13F
Core Cache Last Updated: 11/12/2026