Steven Zuckerman Buys Shares of Customers Bancorp
Steven Zuckerman purchased 958 shares of Customers Bancorp valued at $74,925.18.
Key Points
- Steven Zuckerman bought 958 shares of Customers Bancorp, Inc. (CUBI) at an average price of $78.21 on June 15, 2026.
- Customers Bancorp has a market cap of approximately $2.59 billion and a P/E ratio of 9.63.
- Analysts from DA Davidson and Piper Sandler maintain 'buy' ratings with targets of $93 and $86, respectively.
On June 15, 2026, Steven Zuckerman purchased 958 shares of Customers Bancorp, Inc. (NYSE: CUBI) at an average price of $78.21, totaling $74,925.18. This insider transaction did not occur under a pre-arranged 10b5-1 trading plan.
Customers Bancorp Stock Snapshot
Shares of NYSE:CUBI traded near $76.47. Customers Bancorp has a market capitalization of about $2.59 billion and a P/E ratio of 9.63. The stock's 52-week range is between $50.69 and $82.56. It has a 50-day moving average of $75.50 and a 200-day moving average of $71.52. The company has a beta of 1.495, indicating higher volatility compared to the market.
Recent Earnings
For its latest quarter, Customers Bancorp reported revenue of $808 million, reflecting a growth rate of 76.4%. The company achieved a net margin of 34.76% and a return on equity of 14.01%. The next earnings announcement is expected on July 23, 2026.
Insider Buying and Selling at Customers Bancorp, Inc.
On June 15, 2026, several insiders, including Susan Dianne Looney and Daniel Rothermel, also purchased shares of Customers Bancorp. Each of these transactions was executed at an average price of $78.21. None of these purchases were part of a planned trading program.
Analysts Set New Price Targets
On April 27, 2026, DA Davidson maintained its 'buy' rating with a price target of $93 for Customers Bancorp. Piper Sandler reiterated its 'buy' rating with a target of $86. JP Morgan and Morgan Stanley have also maintained their ratings, with targets of $84 and $83, respectively. The consensus among 11 analysts is a 'buy' recommendation, with a mean price target of $90.18.
About Customers Bancorp
Customers Bancorp, Inc. is a bank holding company headquartered in West Reading, Pennsylvania. It operates Customers Bank, which offers a wide range of banking products including commercial and consumer checking accounts, savings, and loans. The company provides services like digital banking, SBA lending, and mortgage finance. It also offers specialty lending and fund finance. Customers Bancorp is led by CEO Mr. Samvir S. Sidhu and employs approximately 900 people.
Bottom Line
Steven Zuckerman's recent purchase of Customers Bancorp shares highlights ongoing insider interest in the company. Customers Bancorp's financial performance shows strong revenue growth and profitability, making it a company to watch. Analyst ratings suggest positive sentiment, but as always, investors should consider their own research and risk tolerance before making investment decisions.
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.