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Customers Bancorp (Customers Bancorp) Shares Outstanding (EOP) : 31.4 Mil (As of Dec. 2023)


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What is Customers Bancorp Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Customers Bancorp's shares outstanding for the quarter that ended in Dec. 2023 was 31.4 Mil.

Customers Bancorp's quarterly shares outstanding increased from Sep. 2023 (31.3 Mil) to Dec. 2023 (31.4 Mil). It means Customers Bancorp issued new shares from Sep. 2023 to Dec. 2023 .

Customers Bancorp's annual shares outstanding declined from Dec. 2022 (32.4 Mil) to Dec. 2023 (31.4 Mil). It means Customers Bancorp bought back shares from Dec. 2022 to Dec. 2023 .


Customers Bancorp Shares Outstanding (EOP) Historical Data

The historical data trend for Customers Bancorp's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Customers Bancorp Shares Outstanding (EOP) Chart

Customers Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.34 31.71 32.91 32.37 31.44

Customers Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.24 31.28 31.31 31.44 31.52

Competitive Comparison of Customers Bancorp's Shares Outstanding (EOP)

For the Banks - Regional subindustry, Customers Bancorp's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Customers Bancorp's Shares Outstanding (EOP) Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Customers Bancorp's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Customers Bancorp's Shares Outstanding (EOP) falls into.



Customers Bancorp Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Customers Bancorp  (NYSE:CUBI) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Customers Bancorp Shares Outstanding (EOP) Related Terms

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Customers Bancorp (Customers Bancorp) Business Description

Traded in Other Exchanges
Address
701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.
Executives
Robert Neil Mackay director 701 READING AVENUE, WEST READING PA 19611
Glenn Hedde officer: Pres Mortgage WarehouseLending 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Jay S Sidhu director, officer: Chairman & CEO 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Velasquez Jessie John Deano officer: Chief Accounting Officer 1015 PENN AVENUE, WYOMISSING PA 19610
Philip Watkins officer: CFO Customers Bank 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Carla A Leibold officer: Principal Accounting Officer C/O 1999 K STREET, N.W., 4TH FLOOR, WASHINGTON DC 20006
Andrew Hertz Bowman officer: EVP and Chief Credit Officer 701 READING AVENUE, WEST READING PA 19611
Samvir S. Sidhu officer: Head of Corporate Development 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Rajeev V Date director 3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Lyle Cunningham officer: Director/Chief Lending Officer 701 READING AVENUE, WEST READING PA 19611
Bernard Bennett Banks director 701 READING AVENUE, WEST READING PA 19611
Steven Issa officer: Exec VP/Chief Lending Officer 16 LILAC STREET, CUMBERLAND RI 02864
T Lawrence Way director 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
Richard A Ehst officer: President & COO 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
James T. Collins officer: Chief Administrative Officer 4520 LONGFELLOW COURT, DOYLESTOWN PA 18902