Jefferies (NYSE:JEF) analyst Casey Haire maintained a Buy rating on Customers Bancorp (NYSE:CUBI) on Monday, setting a price target of $47, which is approximately 0.42% below the present share price of $47.2.
Haire expects Customers Bancorp to post earnings per share (EPS) of $1.80 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Customers Bancorp, with an average price target of $51.5.
The analysts price targets range from a high of $60 to a low of $42.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $158.32 million and a net profit of $0. The company's market cap is $1.53 billion.
According to TipRanks.com, Jefferies analyst Casey Haire is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.5% and a 72.86% success rate.
Customers Bancorp, Inc. operates as a bank holding company. It operates through the following segments: Customers Bank Business Banking and BankMobile. The Customers Bank Business Banking segment is delivered predominately to commercial customers in Southeastern Pennsylvania, New York, New Jersey, Massachusetts, Rhode Island, New Hampshire, Washington D.C., and Illinois through a single point of contact business model and provides liquidity to residential mortgage originators nationwide through commercial loans to mortgage companies. The BankMobile segment provides state-of-the-art high-tech digital banking and disbursement services to consumers, students and the under banked nationwide, along with Banking as a Service offerings with existing and potential white label partners. The company was founded on April 7, 2010 and is headquartered in Wyomissing, PA.