Report
EUR 12.76 For Business Accounts Only

Increased risk weighs on CUSTOMERS BANCORP, penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of CUSTOMERS BANCORP (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date January 25, 2022, the closing price was USD 59.29 and its target price was estimated at USD 50.50.
Underlying
Customers Bancorp Inc.

Customers Bancorp is a bank holding company. Through its subsidiary, Customers Bank (the Bank), the company provides a range of loan and deposit banking products and financial services and other products and services to its commercial and consumer customers. The Bank provides a range of lending products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans, equipment financing, residential mortgage loans and other consumer loans. The Bank also provides deposit products, such as commercial and consumer checking accounts, money market deposit accounts, savings accounts, time deposit accounts and cash management services.

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