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 $254.80 per share. The share price was $85.27 on November 10, 2026, 67% 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% | $201.31 | +136% |
| Base | -5.0% | 9.0% | $254.80 | +199% |
| Bull | 0.0% | 8.0% | $354.50 | +316% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $290.39 | $300.86 | $313.65 | $329.65 | $350.21 |
| 8.0% | $264.13 | $270.92 | $278.94 | $288.57 | $300.34 |
| 9.0% | $244.80 | $249.44 | $254.80 | $261.04 | $268.43 |
| 10.0% | $229.95 | $233.25 | $236.99 | $241.27 | $246.20 |
| 11.0% | $218.17 | $220.59 | $223.30 | $226.34 | $229.79 |
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