JP Morgan Reiterates Buy Rating for Customers Bancorp

JP Morgan has reiterated its buy rating on Customers Bancorp, Inc. (NYSE: CUBI), setting a price target of $94. This update was made by analyst Anthony Elian on July 1, 2026. Shares of Customers Bancorp traded near $79.1 on Wednesday.

Other Institutional Activity in Customers Bancorp

Several major funds have been adjusting their positions in Customers Bancorp. BlackRock, Inc. trimmed its holdings slightly by 7,110 shares, maintaining a total of 4,991,930 shares valued at about $346.5 million. Meanwhile, Wellington Management Group LLP increased its stake by 504,211 shares to a total of 3,889,544 shares, worth approximately $270 million, marking a 14.9% increase. State Street Corp also added 158,000 shares, bringing its total to 1,990,570 shares valued at $138.2 million, an 8.6% rise.

Customers Bancorp, Inc. Stock Up 0.7%

Shares of Customers Bancorp (NYSE: CUBI) traded around $79.1 on Wednesday. The company has a market capitalization of $2.68 billion and a P/E ratio of 9.96. Over the past 52 weeks, the stock has ranged from a low of $58.52 to a high of $82.56. The 50-day moving average stands at $76.02, while the 200-day moving average is $71.85.

Recent Earnings

Customers Bancorp reported revenues of $808 million with a growth rate of 76.4% in its latest earnings release. The company achieved an EPS of $7.94, with a net margin of 34.8% and a return on equity of 14.01%. The next earnings report is expected on April 23, 2026.

Insider Buying and Selling at Customers Bancorp, Inc.

Several insiders at Customers Bancorp made purchases on June 15, 2026. Susan Dianne Looney acquired 625 shares at an average price of $78.21. Similarly, Daniel Rothermel bought 385 shares, Robert Buford purchased 849 shares, Robert Neil Mackay acquired 522 shares, Steven Zuckerman bought 958 shares, and Mike Gill purchased 625 shares, all at the same price.

Analysts Set New Price Targets

On July 1, 2026, JP Morgan maintained its buy rating for Customers Bancorp with a price target of $94. Other firms, including Morgan Stanley and Piper Sandler, have also maintained their ratings, with Morgan Stanley setting a target of $88 and Piper Sandler at $92. The consensus rating is a buy, with an average target price of $91.64 based on 11 analyst opinions.

About Customers Bancorp

Customers Bancorp, Inc. is a bank holding company headquartered in West Reading, Pennsylvania. It operates Customers Bank, providing a range of banking products and services. These include commercial and consumer checking accounts, savings accounts, and various loan products such as commercial and industrial loans, real estate loans, and residential mortgages. The company also offers digital banking and cash management services to businesses and consumers. Under the leadership of CEO Samvir S. Sidhu, Customers Bancorp employs around 900 people.

Bottom Line

JP Morgan's reaffirmation of its buy rating for Customers Bancorp, Inc. underscores the bank's confidence in the company's potential. Investors often track analyst ratings for insights into stock performance. However, remember that these ratings are based on past performance and expectations, and actual results may vary.