JPMorgan cuts target for Customers Bancorp stock to USD 92.00
Published on 10/05/2026 at 16:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
JPMorgan Chase cut its price target for Customers Bancorp (ISIN US23204G1004) from USD 96.00 to USD 92.00 on October 1, 2026, while keeping an Overweight rating, according to MarketBeat. The revised target keeps the bank in a valuation debate shaped by solid earnings and mixed analyst views.
Target falls after earnings beat
Customers Bancorp reported USD 71.6 million in net income available to common shareholders, or USD 2.05 in diluted earnings per share, for the second quarter of 2026. The result exceeded the USD 2.00 consensus estimate by USD 0.05, according to Business Wire.
The quarterly profit also exceeded the USD 69.7 million recorded in the first quarter of 2026. Customers Bancorp's net profit margin was 31.00 percent in both reported quarters, according to the standardized financial statements for the periods ended March 31 and June 30, 2026.
Assets show the bank's scale
Customers Bank, the operating subsidiary, reported USD 26.9 billion in total assets, USD 18.0 billion in loans and leases, and USD 11.1 billion in immediately available liquidity as of June 30, 2026. Those figures appear on the company's Customers Bank investor-relations page.
The balance-sheet profile gives the target revision important context. JPMorgan remains constructive with its Overweight rating, while Morgan Stanley maintained a Sell rating and a USD 89.00 target in a September 2026 research update summarized by Marketscreener. The gap between the two views highlights sensitivity to loan growth, funding costs and credit quality.
Stock trades below prior close
Customers Bancorp was trading at EUR 67.00 at Lang and Schwarz on October 5, 2026 at 4:08:54 p.m. CEST, down 0.37 percent versus the EUR 67.25 prior close. The stock's NYSE reference data showed a USD 2.6 billion market capitalization and a USD 59.34 to USD 84.38 52-week range as of October 5, 2026.
Customers Bancorp stock facts
- Company: Customers Bancorp, Inc.
- ISIN: US23204G1004
- Ticker: CUBI
- Primary exchange: NYSE
- Price Lang and Schwarz (as of October 5, 2026, 4:08:54 p.m. CEST): EUR 67.00
- Change versus prior close: minus 0.37 percent
- Prior close Lang and Schwarz (October 2, 2026): EUR 67.25
- Market capitalization: USD 2.6 billion (as of October 5, 2026)
- 52-week range: USD 59.34-84.38 (as of October 5, 2026)
- Sector / Industry: Financials / Banks
