ZYBERNO
Stock Report
Updated Aug 25, 2026

Customers Bancorp, Inc. (CUBB)

Financial Services • NYSE

$22.00

Professional Investment Analysis

ZYBERNO SCORE
Is it a great business? Is it getting better?
54.0/100
AVERAGE BUSINESS
Customers Bancorp, Inc. (CUBB) scores 54/100 — decent metrics but limited evidence of durable competitive advantage.
📊 How is the Zyberno Score calculated? +
VALUATION SIGNAL
Business Model Limitation
Customers Bancorp, Inc. operates in the Banking industry. Owner Earnings-based DCF analysis — the foundation of both the Margin of Safety and the Brina Gap — is not well-suited to companies whose business model is structurally built around leverage: banks, insurers, mortgage companies, and REITs. These businesses are typically valued using sector-specific metrics such as Price-to-Book, Price-to-FFO, or Net Asset Value. Treat these signals as directional only.
MARGIN OF SAFETY
Is this stock cheap or expensive relative to what the business has historically generated for owners?
+77.4%
Undervalued
Growth gap unavailable — insufficient data for reverse DCF calculation.
🎯 Expected Annual Return
61.5%
Margin of Safety convergence — your return if the market re-prices to intrinsic value (5-yr annualised)
14.2%
Yield + growth — what the business alone earns you, even if the market never re-rates
💰 How is Margin of Safety calculated? +
📈 How is Brina Gap calculated? +

Critical Financial Health Indicators

Return on Equity (Profitability):AVERAGE (13.6%)
Debt-to-Equity (Solvency Risk):EXCELLENT (0.04x)
Operating Margin (Operational Efficiency):EXCELLENT (27.0%)
Return on Capital (Capital Efficiency):CRITICAL (1.4%)
📊 Valuation Trilogy
Three interconnected metrics for complete valuation analysis
Click any metric for full methodology and detailed analysis
Zyberno's Verdict

Customers Bancorp, Inc. (CUBB) stock report — Zyberno Score 54/100 (AVERAGE BUSINESS), Margin of Safety +77.4%, 62% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, Customers Bancorp, Inc. (CUBB) trades at $22.00 against an estimated intrinsic value per share of $97.29 — a +77.4% Margin of Safety based on Owner Earnings of $400.40M TTM, projected at 64.2% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of 61.5% annually.

Over the trailing twelve months, CUBB generated $400.40M in Owner Earnings. Capital was deployed as follows: $42.74M returned via share buybacks, $46.40M invested in capital expenditures. Reinvestment rate: 0.6%. Owner Earnings have grown at 64.2% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY
A. Market Valuation

Market Price & Capitalization (2)

Current Price:22.00
Market Cap:$2.82B

Valuation Multiples (4)

P/B Ratio:1.28x
P/S Ratio:2.02x
Peg Ratio:0.03x

Enterprise Metrics (3)

Enterprise Value:-$690.47M
Ev Ebitda Ratio:-1.65x
Pfcf Ratio:7.19x

Price Action & Momentum (3)

Momentum Percentile:60 / 100
% of 52-Week High:26.1%
B. Profitability Assessment

Return Metrics (5)

ROA:1.1%
Reinvestment Rate:0.6%
Fundamental Growth Rate (g):0.0%

Margin Analysis (3)

Operating Margin Ttm:27.0%
Net Margin Ttm:20.9%
Ebitda Margin:29.9%

TTM Performance (2)

Operating Margin Ttm:27.0%
Net Margin Ttm:20.9%

Yield Metrics (3)

Earnings Yield:$37.55
Owner Earnings Yield:$14.21
Dividend Yield:0.0%
C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

EPS Surprise vs Expected:28.1%
Latest Earnings Filed:2026-08-07

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):5.6%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):5.2%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):33.2%
Operating Cash Flow Growth Rate (Linear):9.1%

Operating Growth (Linear) (1)

Operating Income Growth Rate (Linear):3.7%
D. Financial Stability

Liquidity Ratios (3)

Current Ratio:0.00x
Quick Ratio:0.00x
Cash Ratio:0.19x

Leverage Analysis (3)

Debt To Equity Ttm:0.04x
Debt-to-Equity Ratio:0.04x
Debt To Ebitda:1.61x

Coverage Ratios (2)

Interest Coverage Ratio:0.36x
Times Interest Earned:0.36

Capital Structure (4)

Working Capital:-21,647,351,000.00
Cash And Cash Equivalents:4,178,852,000.00
Long Term Debt:$39.22M
Net Debt:-$3.51B
DIVISION II: FINANCIAL STATEMENTS ANALYSIS
A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $1.40B
Linear Growth: 5.6%
📊 Click to view full CUBB Revenue analysis & methodology →
Cost Of Revenue Ttm:$0.00

Profitability Breakdown (2)

$0.00
Operating income TTM: $377.40M
Linear Growth: 3.7%
📊 Click to view full CUBB Operating Income analysis & methodology →

Bottom Line Performance (3)

Net income TTM: $291.45M
Linear Growth: 5.2%
📊 Click to view full CUBB Net Income analysis & methodology →
Income Before Tax:$377.40M
Ebitda Ttm:417,799,000.00

Operating Expenses (5)

Operating Expenses:449,405,000.00
R And D Expense:0.00
Sga Expense:0.00
Income Tax Expense:$85.95M
Interest Expense:791,057,000.00

Expense Ratios (3)

R And D To Revenue Percentage:0.0%
Sga To Revenue Percentage:0.0%
Ebitda Margin:29.9%
B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$26.52B
Current Assets:$85.55M
Ppe Net:19,773,000.00
Goodwill:0.00
Intangible Assets:$0.00

Liability Structure (4)

Total Liabilities:24,315,097,000.00
Current Liabilities:21,732,897,000.00
Long Term Debt:$39.22M
Short Term Debt:$631.59M

Equity & Capital (3)

Equity:$2.21B
Retained Earnings:$1.68B
Common Stock:200,000,000.00

Working Capital Items (3)

Accounts Receivable:0.00
Inventory:0.00
Accounts Payable:0.00

Special Items (2)

Contract Liabilities:0.00
Stock Based Compensation:5,200,000.00
C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $435.71M
Linear Growth: 9.1%
Free cash flow TTM: $389.31M
Linear Growth: 33.2%
📊 Click to view full CUBB Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:-$626.29M
Capital Expenditures Ttm:46,400,000.00

Financing Activities (3)

Financing Cash Flow:$977.96M
Dividends Paid Ttm:0.00
Stock Repurchase:42,742,000.00

Capital Transactions (3)

Common Stock Issuance:246,000.00
Long Term Debt Issuance:$0.00
Long Term Debt Repayments:$0.00

Non-Cash Items (1)

Depreciation Amortization Ttm:40,400,000.00
DIVISION III: OPERATIONAL METRICS
A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):8.55
Eps diluted TTM: $8.26
Linear Growth: 4.0%
📊 Click to view full CUBB EPS analysis & methodology →
Earnings Per Share Ttm:$2.28

Revenue & Cash Per Share (3)

Sales Per Share Ttm:10.91
Operating Cash Flow Per Share:$3.86
Fcf Per Share Ttm:3.06

Book Value & Capital (2)

Book Value Per Share:$17.22
Cash Per Share:32.63

Dividend Policy (1)

Dividend Payout Ratio:0.00x
B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.06x
Working Capital Turnover Ttm:-999.00x

Receivables Management (2)

Receivables Turnover Ttm:-999.00x
Days Sales Outstanding Ttm:-999.00

Inventory Management (2)

Inventory Turnover Ttm:-999.00x
Days Inventory Outstanding Ttm:-999.00

Payables & Cash Cycle (2)

Days Payable Outstanding:-999.00
Cash Conversion Cycle:-999.00
C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:60.00
Quality Score:90.00

Market Metrics (2)

Beta:0.00x
Volatility Category:unknown
DIVISION IV: INVESTMENT ANALYSIS
A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $400.40M
Linear Growth: 64.2%
📊 Click to view full CUBB Owner Earnings analysis & methodology →
Owner Earnings Per Share:$3.13
Owner Earnings Yield:$14.21

Growth Assessment (1)

Owner Earnings Growth Rate:$64.24

Damodaran Growth Analysis (2)

Reinvestment Rate:0.6%
Fundamental Growth Rate (g):0.0%

Intrinsic Value Models (1)

Return Scenarios (2)

Investment Assessment (1)

Buffett Assessment:Excellent margin of safety
B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (3)

Revenue Growth Rate (Linear):5.6%
Net Income Growth Rate (Linear):5.2%
Operating Income Growth Rate (Linear):3.7%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):33.2%
Operating Cash Flow Growth Rate (Linear):9.1%

Other Growth Rates (2)

Book Value Growth Rate (Linear):13.2%
Owner Earnings Growth Rate:$64.24
C. Company Profile & Context

Corporate Information (6)

Symbol:CUBB
Company Name:Customers Bancorp, Inc.
Sector:Financial Services
Industry:Banking
Exchange:NYSE
Country:United States

Market Classification (3)

Market Cap Category:N/A
Price Category:medium
Volume Category:N/A

Share Structure (3)

Shares Outstanding:128.07M
Shares Outstanding Basic:33.80M
Shares Outstanding Diluted:34.91M

Data Processing Info (3)

Processing Version:v3.0
Last Updated:2026-08-25 20:21:21 UTC
Data Timestamp:2026-08-25T20:21:21.074308
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