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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Customers Bancorp's average basic shares outstanding for the quarter that ended in Sep. 2024 was 31.6 Mil.
The historical data trend for Customers Bancorp's Shares Outstanding (Basic Average) 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.
Customers Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shares Outstanding (Basic Average) | Get a 7-Day Free Trial | 31.18 | 31.51 | 32.31 | 32.63 | 31.44 |
Customers Bancorp Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Shares Outstanding (Basic Average) | Get a 7-Day Free Trial | 31.29 | 31.38 | 31.47 | 31.65 | 31.57 |
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 exact time point. 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 (Basic Average) 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.
Be Aware
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.
Thank you for viewing the detailed overview of Customers Bancorp's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Neil Mackay | director | 701 READING AVENUE, WEST READING PA 19611 |
Jay S Sidhu | director, officer: Chairman & CEO | 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256 |
Glenn Hedde | officer: Pres Mortgage WarehouseLending | 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610 |
Samvir S. Sidhu | officer: Head of Corporate Development | 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 |
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 |
Andrew Hertz Bowman | officer: EVP and Chief Credit Officer | 701 READING AVENUE, WEST READING PA 19611 |
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 |
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