Added to YB: 2024-04-25
Pitch date: 2024-04-25
CUBI [bullish]
Customers Bancorp, Inc.
+51.07%
current return
Author Info
@blondesnmoney (aka cluseau) shares the stocks they are buying on Twitter and their newsletter. Sign up for the newsletter.
Company Info
Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services.
Market Cap
$2.3B
Pitch Price
$48.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
13.47
EV/Sales
N/A
Sector
Banks
Category
special_situation
The griftiest bank I know ($CUBI)
$CUBI: Bullish on bank's ability to capitalize on opportunities (PPP, crypto, SBNY portfolio). Est. Q1 EPS $1.75 vs $1.63 consensus, TBV $49.15-$49.35. CFO fired "for cause", disputed. Risks: unknown reason for CFO departure. Long 5,800 shares @ $48.80, hedged w/ May 45 puts & 55 calls. Potential upside if no CFO issues.
Read full article (2 min)