Customers Bancorp (CUBI) Tops Q4 Earnings Estimates

Core Viewpoint - Customers Bancorp (CUBI) reported quarterly earnings of $1.36 per share, exceeding the Zacks Consensus Estimate of $1.24 per share, but down from $1.90 per share a year ago, indicating a 28.42% year-over-year decline [1][2] Financial Performance - The company achieved revenues of $167.43 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 8.75% and down from $191.18 million year-over-year, reflecting a 12.31% decrease [2] - Over the last four quarters, Customers Bancorp has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance and Outlook - Customers Bancorp shares have increased approximately 3% since the beginning of the year, compared to the S&P 500's gain of 3.5% [3] - The current consensus EPS estimate for the upcoming quarter is $1.28 on revenues of $188.67 million, and for the current fiscal year, it is $6.19 on revenues of $805.25 million [7] Industry Context - The Banks - Southeast industry, to which Customers Bancorp belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Customers Bancorp's stock may be influenced by the overall industry outlook and trends in earnings estimate revisions [5][8]