Customers Bancorp Inc: The Winning Streak Continues (CUBI)

March 15, 2021 11:18:48

Customers Bancorp Inc (NYSE:CUBI) traded today at a new 52-week high of $32.00. This new high was reached on below average trading volume as 72,000 shares traded hands, while the average 30-day volume is approximately 231,000 shares.

Customers Bancorp Inc share prices have moved between a 52-week high of $32.00 and a 52-week low of $8.36 and are now trading 277% above that low price at $31.55 per share.

Potential upside of 0.8% exists for Customers Bancorp Inc, based on a current level of $31.55 and analysts’ average consensus price target of $31.79.

Customers Bancorp Inc is a bank holding company engaged in banking activities through its wholly owned subsidiary, Customers Bank. It provides financial products and services to small and middle market businesses, not-for-profits, and consumers through its branches and offices in Southeastern Pennsylvania, Rye Brook, Melville and New York, New York, Hamilton, New Jersey, Providence, Rhode Island, Portsmouth, New Hampshire and Boston, Massachusetts. Customers Bank also provides liquidity to the mortgage market nationwide through the operation of its loans to mortgage banking companies.

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