Added to YB: 2024-09-26
Pitch date: 2024-09-26
CUBI [bullish]
Customers Bancorp, Inc.
+5.2%
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 financial products and services to individual consumers, and small and middle market businesses.
Market Cap
$1.5B
Pitch Price
$45.59
Price Target
53.00 (+11%)
Dividend
N/A
Sector
Banks
Category
value
Customers Bancorp Trading at $44: Undervalued with $53 Price Target Amid Solid Fundamentals
CUBI: Long 7,200 shares at $44, hedged with $35 puts. Trading at 6-7x earnings, $50 TBV, strong liquidity & capital ratios. Low-risk loan portfolio, 79% insured deposits. Potential $52-$53 TBV with $1.25 EPS + $0.50 AOCI accretion. Risks: panic, loan quality issues. $53 price target.
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