Customers Bancorp Inc

NYSE CUBI

Download Data

Customers Bancorp Inc Price to Book Ratio (P/B) on June 03, 2024: 0.83

Customers Bancorp Inc Price to Book Ratio (P/B) is 0.83 on June 03, 2024, a 45.73% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Customers Bancorp Inc 52-week high Price to Book Ratio (P/B) is 1.20 on December 27, 2023, which is 44.54% above the current Price to Book Ratio (P/B).
  • Customers Bancorp Inc 52-week low Price to Book Ratio (P/B) is 0.57 on June 05, 2023, which is -31.38% below the current Price to Book Ratio (P/B).
  • Customers Bancorp Inc average Price to Book Ratio (P/B) for the last 52 weeks is 0.87.
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.

Similar companies

GBCI

Glacier Bancorp Inc

NA

NA

CFFN

Capitol Federal Financial Inc

NA

NA

KRNY

Kearny Financial Corp

NA

NA

ABCB

Ameris Bancorp

NA

NA

StockViz Staff

September 19, 2024

Any question? Send us an email