Mackay Robert Neil Buys Shares of Customers Bancorp
Mackay Robert Neil acquired 522 shares of Customers Bancorp on June 15, 2026.
Key Points
- Mackay Robert Neil purchased 522 shares of Customers Bancorp, Inc. (CUBI) on June 15, 2026, at an average price of $78.21, totaling $40,825.62.
- Shares of Customers Bancorp, Inc. (NYSE:CUBI) traded near $76.47 with a market cap of $2.59 billion and a P/E ratio of 9.63.
- Analysts have set a mean price target of $90.18 for CUBI, with recommendations largely favoring a 'buy' rating.
Mackay Robert Neil has acquired 522 shares of Customers Bancorp, Inc. (NYSE:CUBI) for a total value of $40,825.62. The purchase was made on June 15, 2026, at an average price of $78.21 per share.
Insider Buying and Selling at Customers Bancorp, Inc.
On June 15, 2026, several insiders made purchases of Customers Bancorp stock. Mackay Robert Neil bought 522 shares at $78.21 each. Susan Dianne Looney acquired 625 shares, while Daniel Rothermel purchased 385 shares, both at the same price. Robert Buford and Steven Zuckerman also bought 849 and 958 shares, respectively, at $78.21 per share.
Other Institutional Activity in Customers Bancorp
Institutional investors have been active in Customers Bancorp. Wellington Management Group LLP increased its holdings by 504,211 shares, ending with 3,889,544 shares valued at approximately $269,973,249. State Street Corp added 158,000 shares, bringing its total to 1,990,570 shares worth around $138,165,464. Dimensional Fund Advisors LP grew its position by 65,954 shares, resulting in a total of 1,942,989 shares valued at $134,858,657. BlackRock, Inc. slightly reduced its stake by 7,110 shares, holding 4,991,930 shares worth about $346,489,870.
Customers Bancorp Stock Snapshot
Shares of Customers Bancorp, Inc. (NYSE:CUBI) traded near $76.47. The company has a market cap of $2.59 billion, 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, with a 50-day moving average of $75.50 and a 200-day moving average of $71.52.
Recent Earnings
Customers Bancorp reported revenue of $808 million, showing a growth of 76.4%. The company's net margin was 34.8%, and its return on equity stood at 14.01%. The next earnings report is expected on July 23, 2026.
Analysts Set New Price Targets
Several analysts have weighed in on Customers Bancorp. On April 27, 2026, DA Davidson maintained a 'buy' rating with a $93 price target. Piper Sandler reiterated its 'buy' rating with an $86 target on the same day. JP Morgan maintained its 'buy' rating with an $84 target on April 1, 2026. Overall, the consensus among 11 analysts is a 'buy' recommendation, with a mean price target of $90.18.
About Customers Bancorp
Customers Bancorp, Inc., based in West Reading, Pennsylvania, operates as the bank holding company for Customers Bank. It provides a variety of banking products and services, including deposit accounts, commercial and industrial loans, and digital banking solutions. The company is led by CEO Mr. Samvir S. Sidhu and employs around 900 people.
Bottom Line
Mackay Robert Neil's recent purchase of Customers Bancorp shares highlights ongoing insider interest in the company. With a strong market position, a solid earnings report, and favorable analyst ratings, Customers Bancorp remains a company to watch. As always, remember that insider transactions are reported after the fact and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
