Regional banking company Customers Bancorp (NYSE: CUBI) will be reporting results this Thursday after the bell. Here’s what investors should know.
Customers Bancorp beat analysts’ revenue expectations by 3.7% last quarter, reporting revenues of $206.3 million, up 9.5% year on year. It was an exceptional quarter for the company, with a beat of analysts’ EPS and revenue estimates.
Is Customers Bancorp a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Customers Bancorp’s revenue to grow 29.4% year on year to $216.9 million, a reversal from the 23.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.93 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Customers Bancorp has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Customers Bancorp’s peers in the regional banks segment, some have already reported their Q3 results, giving us a hint as to what we can expect. East West Bank delivered year-on-year revenue growth of 18.3%, beating analysts’ expectations by 7.1%, and First Horizon reported revenues up 7.5%, topping estimates by 7.7%. First Horizon traded down 13.3% following the results.
Read our full analysis of East West Bank’s results here and First Horizon’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the regional banks stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.7% on average over the last month. Customers Bancorp is down 2.4% during the same time and is heading into earnings with an average analyst price target of $78.75 (compared to the current share price of $64.97).
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