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Customers Bancorp (CUBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Earnings--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Friday, October 27, 2023, to report its earnings results for the three months ending September 30, 2023. The webcast will be conducted by Customers Bancorp Chair & CEO Jay Sidhu, Customers Bancorp President and Customers Bank President & CEO Sam Sidhu, Customers Bancorp Chief Financial Officer Carla Leibold, Cus.
Here is how Customers Bancorp (CUBI) and First Citizens BancShares (FCNCA) have performed compared to their sector so far this year.
Customers Bancorp (CUBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Customers Bancorp has recovered from the banking crisis and is now trading at a premium to where it was before the crisis began. The recovery has been aided by a return to growth for its deposits, though financial results have been mixed. In all, shares look attractively priced and investors would be wise to consider the firm as a valid prospect.
Customers Bancorp, Inc. (NYSE:CUBI ) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants David Patti – Director of Communications Jay Sidhu – Executive Chairman Sam Sidhu – President and Chief Executive Officer Carla Leibold – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Perito – KBW Casey Haire – Jefferies Frank Schiraldi – Piper Sandler Peter Winter – D.A. Davidson Matthew Breese – Stephens Bill Dezellem – Tieton Capital Markets Operator Good morning.
While the top- and bottom-line numbers for Customers Bancorp (CUBI) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Customers Bancorp (CUBI) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.77 per share a year ago.
Customers Bancorp (CUBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Earnings--Customers Bancorp (NYSE:CUBI) will hold its Q2 2023 earnings webcast on Friday, July 28, 2023 at 9:00 AM EDT.