Customers Bancorp (FRA:334) Scaled Net Operating Assets: -0.11 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:334 Customers Bancorp Inc FRA:334
77 GF Score
Price €69.00
GF Value €53.66
! 3 Warning Signs
View Full Analysis

What is Customers Bancorp Scaled Net Operating Assets?

Customers Bancorp FRA:334 +1.47% 77 Scaled Net Operating Assets is -0.11 as of Mar. 2026. GuruFocus rates FRA:334 with a GF Score™ of 77/100 and a GF Value™ of €53.66. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Customers Bancorp's operating assets for the quarter that ended in Mar. 2026 was €16,512.3 Mil. Customers Bancorp's operating liabilities for the quarter that ended in Mar. 2026 was €18,946.9 Mil. Customers Bancorp's Total Assets for the quarter that ended in Dec. 2025 was €21,261.1 Mil. Therefore, Customers Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.11.

FRA:334
77GF Score
Customers Bancorp Inc FRA:334
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Customers Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Customers Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(17493.682-17997.989)/21304.37
=-0.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21261.071 - 3767.389
=17493.682

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19454.42 - 1456.431 - 0
=17997.989

Customers Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(16512.341-18946.921)/21261.071
=-0.11

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=22386.863 - 5874.522
=16512.341

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20532.044 - 1585.123 - 0
=18946.921

* 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.

What does a Scaled Net Operating Assets of -0.11 mean?
Customers Bancorp (FRA:334) has a Scaled Net Operating Assets of -0.11 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Customers Bancorp and its competitors.
Is Customers Bancorp's Scaled Net Operating Assets too high?
Customers Bancorp's current Scaled Net Operating Assets is -0.11. Overall, Customers Bancorp has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Customers Bancorp's Scaled Net Operating Assets compare to FBNC and BBT?
Customers Bancorp's Scaled Net Operating Assets of -0.11 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Customers Bancorp and its competitors. Customers Bancorp's current Scaled Net Operating Assets is -0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Customers Bancorp stock overvalued right now?
Customers Bancorp (FRA:334) has a current Scaled Net Operating Assets of -0.11. The stock's GF Value™ is €53.66, compared to a current price of €69.00 — trading 28.6% above its estimated fair value. The current Scaled Net Operating Assets is -0.11. Customers Bancorp's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Customers Bancorp (FRA:334), the current Scaled Net Operating Assets is -0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Customers Bancorp (FRA:334) Overvalued in 2026?

Based on GuruFocus' analysis, Customers Bancorp stock appears to be overvalued. The current stock price of €69.00 is trading 28.6% above its estimated GF Value™ of €53.66.

Key valuation signals for FRA:334:

  • Scaled Net Operating Assets: -0.11
  • GF Value™: €53.66 vs. price of €69.00 (28.6% above fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the FRA:334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Customers Bancorp Business Description

Other Exchanges CUBI:USA0I5Z:UK
Address 701 Reading Avenue, West Reading, PA, USA, 19611
Customers Bancorp Inc is a bank holding company conducting banking activities through its wholly owned subsidiary, Customers Bank. The Bank provides commercial and consumer customers the stability of a regulated financial institution supported by risk management. It serves commercial and corporate businesses nationwide, including healthcare, real estate, specialty finance, fund finance, technology and venture capital banking, mortgage finance and commercial equipment financing, and provides payments and treasury services. The Bank also serves consumers through its branch network, offering residential mortgages and personal loan and deposit products, including Banking-as-a-Service, with services delivered predominantly in Southeastern and Central Pennsylvania, New York, and other states.
77GF Score

Get the complete analysis for FRA:334

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€69.00
Price
€53.66
GF Value