Customers Bancorp (CUBI) Tops Q4 Earnings Estimates
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Customers Bancorp (CUBI) reported Q4 earnings of $1.36 per share, surpassing the Zacks Consensus Estimate of $1.24. However, this is a decrease from the $1.90 per share reported a year ago.
January 24, 2025 | 12:00 am
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Customers Bancorp reported Q4 earnings of $1.36 per share, exceeding expectations but down from last year's $1.90 per share.
The positive earnings surprise is likely to have a short-term positive impact on CUBI's stock price as it exceeded analyst expectations. However, the year-over-year decline in earnings may temper the enthusiasm.
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