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0 -0.00202521722087917 0.000587966289932733 -0.00222120598419008 0.00372378650290731 0.00921147187561263 0.00881949434899081 0.0248905729404848
Stock impact report

CUBI Q4 Deep Dive: Margin Miss Overshadows Deposit and Payments Expansion [Yahoo! Finance]

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Its non-GAAP profit of $2.06 per share was 0.8% above analysts' consensus estimates. Is now the time to buy CUBI? Find out in our full research report (it's free). Revenue: $236.9 million vs analyst estimates of $231.3 million (22.5% year-on-year growth, 2.4% beat) Adjusted EPS: $2.06 vs analyst estimates of $2.04 (0.8% beat) Adjusted Operating Income: $97.25 million vs analyst estimates of $120.3 million (41.1% margin, 19.2% miss) Market Capitalization: $2.55 billion Customers Bancorp reported a mixed fourth quarter, with revenue and adjusted non-GAAP earnings per share both coming in above Wall Street expectations, but adjusted operating income significantly missing consensus forecasts. Management pointed to robust deposit growth and payments platform expansion as key contributors, highlighting a 10% annual increase in total deposits led by new commercial banking teams and continued strong adoption of the cubiX payments platform. However, higher-than-expected noninterest Show less Read more
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