Insider Mike Gill Purchases Customers Bancorp Shares

Mike Gill bought 625 shares of Customers Bancorp, Inc. on June 15, 2026, valued at $48,881.

Written by EarningsIQ · Published Jun 17, 2026, 2:01 AM EDT · Updated Jun 17, 2026, 6:01 AM EDT

Key Points

On June 15, 2026, insider Mike Gill bought 625 shares of Customers Bancorp, Inc. at $78.21 each, totaling $48,881.
Customers Bancorp, Inc. has a market cap of $2.59 billion and trades near $76.47, with a P/E ratio of 9.63.
DA Davidson maintained a 'buy' rating on April 27, 2026, with a price target of $93, reflecting analyst confidence.

On June 15, 2026, Mike Gill, an insider at Customers Bancorp, Inc. (NYSE: CUBI), purchased 625 shares of the company. The shares were bought at an average price of $78.21 each, bringing the total transaction value to $48,881. This insider purchase was not part of a pre-planned trading program.

Insider Buying and Selling at Customers Bancorp, Inc.

In addition to Mike Gill, several other insiders made purchases on June 15, 2026. Susan Dianne Looney, Daniel Rothermel, Robert Buford, Robert Neil Mackay, and Steven Zuckerman each bought shares at the same price of $78.21. The transactions were all direct buys and not planned trades.

Other Institutional Activity in Customers Bancorp

Among institutional investors, Wellington Management Group LLP increased its holdings by 504,211 shares, reaching a total of 3,889,544 shares valued at approximately $269.97 million. State Street Corp also boosted its position by 158,000 shares, ending with 1,990,570 shares worth about $138.17 million. In contrast, BlackRock, Inc. slightly reduced its stake by 7,110 shares, maintaining 4,991,930 shares valued at around $346.49 million.

Customers Bancorp Stock Snapshot

Customers Bancorp, Inc. shares are currently trading near $76.47. The company has a market capitalization of approximately $2.59 billion, with a P/E ratio of 9.63 and a forward P/E of 7.98. The stock's 52-week range is between $50.69 and $82.56, and it has a beta of 1.495, indicating higher volatility than the market. The 50-day moving average is $75.50, while the 200-day moving average is $71.52.

Recent Earnings

Customers Bancorp reported revenue of $808 million with a growth rate of 0.76%. The company achieved a net margin of 34.76% and a return on equity of 14.01%. The next earnings release is scheduled for July 23, 2026.

Analysts Set New Price Targets

On April 27, 2026, DA Davidson maintained its 'buy' rating for Customers Bancorp, Inc., setting a price target of $93. Piper Sandler reiterated a 'buy' rating with a target of $86 on the same day. Overall, the consensus among 11 analysts is a 'buy' rating, with a mean price target of $90.18.

About Customers Bancorp, Inc.

Customers Bancorp, Inc. is a bank holding company headquartered in West Reading, Pennsylvania. It operates Customers Bank, which provides various banking products and services, including checking and savings accounts, commercial and consumer loans, and digital banking solutions. The company serves a diverse clientele, including businesses and individuals, and offers specialized services like Banking-as-a-Service and digital payments. Led by CEO Mr. Samvir S. Sidhu, Customers Bancorp employs approximately 900 people.

Bottom Line

Mike Gill's recent purchase of Customers Bancorp shares adds to the insider activity at the company. Investors often track such insider transactions for potential insights into the company's prospects. While the 13F filings provide a historical view of institutional holdings, insider buying can signal confidence in the company's future. However, it's important to consider these transactions as part of a broader investment analysis.