Piper Sandler Reiterates Buy Rating for Customers Bancorp
Piper Sandler maintains a buy rating on Customers Bancorp with a $92 price target, a 16.28% upside from the current price.
Key Points
- Piper Sandler reiterated its buy rating for Customers Bancorp, Inc. (CUBI) on June 26, 2026, setting a price target of $92.
- Piper Sandler's $92 price target implies 16.28% upside from Customers Bancorp, Inc.'s ($CUBI) current $79.12 share price.
- Shares of Customers Bancorp traded near $79.45 on Friday, with a market cap of about $2.69 billion and a P/E ratio of 10.0.
- Recent insider buying at Customers Bancorp includes several executives purchasing shares at $78.21 on June 15, 2026.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Piper Sandler has reiterated its buy rating for Customers Bancorp, Inc. (NYSE: CUBI), setting a price target of $92. This analyst action, dated June 26, 2026, indicates continued confidence in the company's prospects.
Piper Sandler vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in Customers Bancorp
Several other major funds have been active with Customers Bancorp shares. Wellington Management Group LLP increased its holdings by 504,211 shares, now holding 3,889,544 shares valued at approximately $269.97 million, marking a 14.9% increase. State Street Corp added 158,000 shares, bringing its total to 1,990,570 shares worth $138.17 million, an 8.6% rise. Dimensional Fund Advisors LP grew its stake by 65,954 shares to a total of 1,942,989 shares valued at about $134.86 million, reflecting a 3.5% increase. Meanwhile, BlackRock, Inc. slightly reduced its position by 7,110 shares, maintaining 4,991,930 shares valued at $346.49 million.
Customers Bancorp, Inc. Stock Up 0.7%
Shares of Customers Bancorp traded around $79.45 on Friday. The company has a market capitalization of roughly $2.69 billion, with a P/E ratio of 10.0 and a forward P/E of 8.3. The stock's 52-week range has been between $58.52 and $82.56, and it has a beta of 1.495, indicating higher volatility compared to the broader market. The 50-day moving average stands at $75.85, with the 200-day moving average at $71.73.
$CUBI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Customers Bancorp reported revenue of $808 million, with a revenue growth rate of 7.64%. The company's net margin is 34.76%, and it achieves a return on equity of 14.01%. The next earnings report is expected on July 23, 2026.
Insider Buying and Selling at Customers Bancorp, Inc.
On June 15, 2026, several insiders at Customers Bancorp made stock purchases. Susan Dianne Looney, Daniel Rothermel, Robert Buford, Robert Neil MacKay, Steven Zuckerman, and Mike Gill each bought shares at an average price of $78.21. These transactions were not part of a pre-planned trading program.
Analysts Set New Price Targets
On June 26, 2026, Piper Sandler maintained its buy rating for Customers Bancorp with a price target of $92. Other analysts have also shown interest: DA Davidson maintained a buy rating with a $93 target on April 27, 2026, and JP Morgan maintained a buy rating with an $84 target on April 1, 2026. The consensus recommendation for Customers Bancorp is a buy, with an average target price of $90.64 based on 11 analyst opinions.
About Customers Bancorp
Customers Bancorp, Inc. is a financial services company based in West Reading, Pennsylvania. It operates as the holding company for Customers Bank, offering a variety of banking products and services, including commercial and consumer checking accounts, savings accounts, and various types of loans. The company also provides digital banking services and specializes in areas like fund finance and fintech collaborations. Led by CEO Samvir S. Sidhu, Customers Bancorp employs around 900 people.
Bottom Line
Piper Sandler's reiteration of a buy rating for Customers Bancorp suggests ongoing confidence in the company's financial health and market position. Investors often track such analyst actions as part of their investment research. It's important to remember that these ratings are based on past data and may not reflect future performance.
Get Customers Bancorp, Inc. alerts
New 13F filings, insider trades, and analyst moves on $CUBI, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.