Richard Ehst - Customers Bancorp CEO

CUBI Stock  USD 56.84  0.27  0.48%   

CEO

Mr. Richard A. Ehst is the President and Chief Operating Officer of the Company. Mr. Ehst joined Customers Bank as President and Chief Operating Officer in August 2009. Mr. Ehst was previously an Executive Vice President, Commercial Middle Market, MidAtlantic Division, of Sovereign Bank. Before this role, Mr. Ehst served as Regional President for Berks County from 2004 until 2009 and Managing Director of Corporationrationrate Communications for Sovereign from 2000 until 2004 where his responsibilities included reputation risk management and marketing services support systems since 2020.
Age 73
Tenure 4 years
Address 701 Reading Avenue, West Reading, PA, United States, 19611
Phone610 933 2000
Webhttps://www.customersbank.com
Ehst also began serving as a Trustee of Albright College in 2010. Before joining Sovereign Bank, Mr. Ehst was an independent consultant to more than 70 financial institutions in the midAtlantic region, including Sovereign Bank, where he provided guidance on regulatory matters, mergers and acquisitions and risk management.

Customers Bancorp Management Efficiency

The current Return On Tangible Assets is estimated to decrease to 0.01. The current Return On Capital Employed is estimated to decrease to 0.01. As of now, Customers Bancorp's Total Current Assets are increasing as compared to previous years. The Customers Bancorp's current Intangible Assets is estimated to increase to about 6.4 M, while Total Assets are projected to decrease to under 11.5 B. Customers Bancorp's management efficiency ratios could be used to measure how well Customers Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
Customers Bancorp currently holds 1.53 B in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Note, when we think about Customers Bancorp's use of debt, we should always consider it together with its cash and equity.

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Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. Customers Bancorp, Inc. was founded in 1994 and is headquartered in West Reading, Pennsylvania. Customers Bancorp operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 672 people. Customers Bancorp (CUBI) is traded on New York Stock Exchange in USA. It is located in 701 Reading Avenue, West Reading, PA, United States, 19611 and employs 812 people. Customers Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Customers Bancorp Leadership Team

Elected by the shareholders, the Customers Bancorp's board of directors comprises two types of representatives: Customers Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Customers. The board's role is to monitor Customers Bancorp's management team and ensure that shareholders' interests are well served. Customers Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Customers Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Ehst, President, Chief Operating Officer and President, Chief Executive Officer of Customers Bank
Bhanu Choudhrie, Independent Director
Andrea Allon, Independent Director
Samvir Sidhu, President Chairman
Andrew Sachs, Executive Vice President General Counsel, Corporate Secretary
Robert Fischer, Relationship President
Carla Leibold, Chief Financial Officer, Executive Vice President, Treasurer
Jay Sidhu, Chairman, CEO, Chairman of Executive Committee, Member of Risk Committee, Chairman of Customers Bank and CEO of Customers Bank
Bernard Banks, Director
James Collins, Senior Executive Vice President Chief Administrative Officer
Thomas Jastrem, Executive Vice President Chief Risk Officer
Philip Watkins, Executive CFO
Robert Buford, Independent Director
Rick Burkey, Independent Director
Steven Zuckerman, Independent Director
Nicholas Harris, Executive Officer
Timothy Romig, Regional Officer
Andrew Bowman, Chief EVP
Robert Mackay, Director
T Way, Independent Director
Andrew Esq, General VP
Eric Lucero, Senior Officer
David Patti, Director Communications
Lisa Walsh, Executive Officer
Jennifer Frost, Executive Vice President Chief Administrative Officer
Lyle Cunningham, Executive Officer
Daniel Rothermel, Lead Independent Director
Jessie Velasquez, Principal Accounting Officer
Sam Sidhu, Head of Corporate Development of Customers Bancorp, Inc., Vice Chairman, Chief Operating Officer of Customers

Customers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Customers Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Customers Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Customers Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Customers Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Customers Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Customers Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Customers Stock please use our How to Invest in Customers Bancorp guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Customers Bancorp. If investors know Customers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Customers Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
6.19
Revenue Per Share
21.346
Quarterly Revenue Growth
(0.25)
Return On Assets
0.01
The market value of Customers Bancorp is measured differently than its book value, which is the value of Customers that is recorded on the company's balance sheet. Investors also form their own opinion of Customers Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Customers Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Customers Bancorp's market value can be influenced by many factors that don't directly affect Customers Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Customers Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Customers Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Customers Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.