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Customers Bancorp, Inc 5.375% S

CUBB
43
Banks - Regional · Financial Services
Price
$22.30
+0.30 (+1.36%)
Market Cap
$761.9M
Exchange
New York Stock Exchange
Winston Score
43
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 26, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Weak
Growth
Good
Cash Flow
Exceptional
Stability
Weak
Valuation
Good
Dividends
Good

Winston Score History

The full picture

Customers Bancorp, Inc. operates as a financial holding company, delivering a full spectrum of banking services primarily through its subsidiary, Customers Bank. This institution extends a variety of financial products, such as lending solutions and deposit accounts, to both corporate and individual clients. Its operations are facilitated through a network encompassing physical branches, specialized production centers, and administrative facilities. The company, which originated in 1997, maintains its headquarters in Malvern, Pennsylvania.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-53.0% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+19.8% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Cash Position

Cash flow positive

$25.4B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Customers Bancorp, Inc 5.375% S's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

0.8% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 33.7M (2021) → 33.4M (2025)

Score breakdown

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Quality

Profit per sale
Gross Margin
-0.2%
Thin — -0.2% gross margin
Profit after running costs
Operating Margin
-53.8%
Losing money on operations — -53.8%
Return on the money invested
ROCE
4.5%
Weak — 4.5% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales growth
Sales YoY
+4.0%
Slow sales growth (+4.0% YoY)
Profit growth
EPS YoY
+103.6%
Earnings growing fast (+103.6% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Cash Flow

Profit that turns into cash
Cash Conversion
131%
Turns 131% of profit into real cash
Spare cash per sale
FCF Margin
27.2%
Converts sales into free cash efficiently (27.2%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

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Stability

What it owes vs what it owns
Debt / Equity
1.01
Elevated debt (1.01)
Covers its interest
Interest Cover
0.33x
Dangerous — barely covers interest (0.3x)

Interest coverage below 1. Their profits don't cover the interest bill.

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Valuation

Price vs profit
P/E Ratio (TTM)
2.6x
Attractive valuation — P/E 2.6

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
-0.1
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend
Dividend Yield
6.03%
Healthy income — 6.03% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
-0.0%
Dividend cut (-0.0% YoY) — warning sign

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