What is Customers Bancorp, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Customers Bancorp, Inc.'s reported free cash flow gives $271.36 per share. The share price was $77.06 on September 25, 2026, 72% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -10.0% | 10.0% | $217.87 | +183% |
| Base | -5.0% | 9.0% | $271.36 | +252% |
| Bull | 0.0% | 8.0% | $371.07 | +382% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $306.95 | $317.42 | $330.22 | $346.21 | $366.77 |
| 8.0% | $280.70 | $287.49 | $295.51 | $305.14 | $316.90 |
| 9.0% | $261.36 | $266.00 | $271.36 | $277.61 | $284.99 |
| 10.0% | $246.51 | $249.81 | $253.56 | $257.83 | $262.76 |
| 11.0% | $234.74 | $237.16 | $239.86 | $242.90 | $246.35 |
Where the presets come from
Base: years 1 to 5 grow at Customers Bancorp, Inc.'s revenue growth rate over the last 3 fiscal years (-10.4% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions