Customers Bancorp Inc

NYSE CUBI

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Customers Bancorp Inc Enterprise Value (EV) on June 03, 2024: USD 423.22 M

Customers Bancorp Inc Enterprise Value (EV) is USD 423.22 M on June 03, 2024, a NA change year over year. Enterprise Value is a measure of a company's total value, including both its equity and debt. It represents the theoretical takeover price of a company and is often used in valuation methods. Enterprise value is calculated as the sum of a company's market capitalization, total debt, and subtracting its cash and short-term investments.
  • Customers Bancorp Inc 52-week high Enterprise Value (EV) is USD 809.66 M on March 08, 2024, which is 91.31% above the current Enterprise Value (EV).
  • Customers Bancorp Inc 52-week low Enterprise Value (EV) is USD 414.99 M on May 29, 2024, which is -1.94% below the current Enterprise Value (EV).
  • Customers Bancorp Inc average Enterprise Value (EV) for the last 52 weeks is USD 636.35 M.
NYSE: CUBI

Customers Bancorp Inc

CEO Mr. Jay S. Sidhu
IPO Date Feb. 21, 2012
Location United States
Headquarters 701 Reading Avenue, West Reading, PA, United States, 19611
Employees 732
Sector Financial Services
Industry Banks - regional
Description

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, a blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts. The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.

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StockViz Staff

September 19, 2024

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