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Sentiment for Customers Bancorp Inc (NYSE:CUBI)

Customers Bancorp Inc (NYSE:CUBI) institutional sentiment increased to 1.24 in 2019 Q1. Its up 0.08, from 1.16 in 2018Q4. The ratio has improved, as 67 investment managers opened new and increased stock positions, while 54 trimmed and sold stock positions in Customers Bancorp Inc. The investment managers in our partner’s database now possess: 23.73 million shares, up from 22.84 million shares in 2018Q4. Also, the number of investment managers holding Customers Bancorp Inc in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 15 Reduced: 39 Increased: 50 New Position: 17.

Customers Bancorp, Inc. operates as the bank holding firm for Customers Bank that provides financial services and products to small and middle market businesses, not-for-profits, and consumers. The company has market cap of $641.83 million. The firm accepts various deposit products, such as checking, savings, money market deposit, time deposit, individual retirement, and non-retail time deposit accounts, as well as certificates of deposit. It has a 19.21 P/E ratio. The Company’s loan products include commercial lending products comprising business banking commercial and industrial lending; small and middle market business banking, such as small business administration loans; multi-family and commercial real estate lending; and commercial loans to mortgage originators, as well as consumer lending products comprising mortgage and home equity lending.

The stock increased 4.74% or $0.93 during the last trading session, reaching $20.57. About 248,204 shares traded or 59.98% up from the average. Customers Bancorp, Inc. (NYSE:CUBI) has declined 29.57% since July 27, 2018 and is downtrending. It has underperformed by 34.00% the S&P500.

Tieton Capital Management Llc holds 4% of its portfolio in Customers Bancorp, Inc. for 245,323 shares. Matthew 25 Management Corp owns 404,000 shares or 2.76% of their US portfolio. Moreover, First Wilshire Securities Management Inc has 2.06% invested in the company for 329,831 shares. The New York-based New Amsterdam Partners Llc Ny has invested 1.17% in the stock. Newtyn Management Llc, a New York-based fund reported 338,486 shares.

More notable recent Customers Bancorp, Inc. (NYSE:CUBI) news were published by: Finance.Yahoo.com which released: “Is Customers Bancorp Inc (CUBI) A Good Stock To Buy ? – Yahoo Finance” on June 28, 2019, also Businesswire.com with their article: “Customers Bancorp Shareholders Overwhelmingly Approve Proposals at Annual Meeting – Business Wire” published on June 03, 2019, Seekingalpha.com published: “Customers Bancorp, Inc. (CUBI) CEO Jay Sidhu on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” on April 28, 2019. More interesting news about Customers Bancorp, Inc. (NYSE:CUBI) were released by: Bizjournals.com and their article: “T-Mobile starts marketing its no-fee checking account with BankMobile – Philadelphia Business Journal” published on April 19, 2019 as well as Finance.Yahoo.com‘s news article titled: “See what the IHS Markit Score report has to say about Customers Bancorp Inc. – Yahoo Finance” with publication date: May 30, 2019.

Customers Bancorp, Inc. (NYSE:CUBI) Institutional Positions Chart

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