Customers Bancorp traded at $77.71 this Thursday July 2nd, decreasing $2.16 or 2.70 percent since the previous trading session. Looking back, over the last four weeks, Customers Bancorp lost 6.91 percent. Over the last 12 months, its price rose by 17.83 percent. Looking ahead, we forecast Customers Bancorp to be priced at 79.32 by the end of this quarter and at 74.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Customers Bancorp, Inc. (Customers Bancorp) is a bank holding company engaged in banking activities through its subsidiary, Customers Bank (the Bank). The Bank provides financial products and services to small and middle market businesses, not-for-profits, and consumers through its branches and offices in Southeastern Pennsylvania (Bucks, Berks, Chester, Delaware and Philadelphia Counties), Rye Brook, Melville and New York, New York (Westchester, Suffolk and New York Counties), Hamilton, New Jersey (Mercer County), Providence, Rhode Island (Providence County), Portsmouth, New Hampshire (Rockingham County) and Boston, Massachusetts (Suffolk County). The Bank also provides liquidity to the mortgage market nationwide through the operation of its loans to mortgage banking companies. The Bank offers a range of traditional loan and deposit banking products, and financial services. Customers Bank offers a range of lending products. The Bank has approximately 13 branches.