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Short interest is low for CUBI with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on July 30. Over the last one-month, outflows of investor capital in ETFs holding CUBI totaled $5 million.
The Wyomissing, Pennsylvania-based bank said it had earnings of 62 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 64 cents per share. The ...
The Zacks Analyst Blog Highlights: M&T Bank, Customers Bancorp, Metropolitan Bank Holding and Triumph Bancorp
As a small-cap bank stock with a market capitalisation of US$973.30m, Customers Bancorp Inc’s (NYSE:CUBI) risk and profitability are largely determined by the underlying economic growth of the US regionsRead More...