On November 20, 2024, Robert Mackay, a Director at Customers Bancorp Inc, sold 4,000 shares of the company, as per the SEC Filing. Following this transaction, the insider now owns 4,567 shares of the company.
Customers Bancorp Inc (CUBI, Financial) is a bank holding company engaged in banking activities through its subsidiary, Customers Bank. The company provides a range of banking and lending services to small and medium-sized businesses, professionals, individuals, and families.
Over the past year, Robert Mackay has sold a total of 8,000 shares and has not purchased any shares. The insider transaction history for Customers Bancorp Inc indicates there has been 1 insider buy and 8 insider sells over the same period.
On the day of the recent sale, shares of Customers Bancorp Inc were trading at $53.78, giving the stock a market cap of $1,777.504 million. The company's price-earnings ratio is 9.20, which is lower than the industry median of 10.7 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $53.78 and a GF Value of $40.27, Customers Bancorp Inc has a price-to-GF-Value ratio of 1.34, indicating the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
