Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Full Access

See Pricing Start Trial

Customers Bancorp, Inc 5.375% S (CUBB)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$41.94 - $61.59$51.39
Multi-Stage$62.96 - $69.18$66.01
Blended Fair Value$58.70
Current Price$21.45
Upside173.67%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.93%0.00%0.460.450.280.330.430.440.440.440.280.07
YoY Growth--3.49%56.94%-13.91%-23.04%-2.65%0.00%0.00%59.75%291.14%0.00%
Dividend Yield--2.35%2.26%1.75%1.31%1.67%2.22%1.76%1.76%1.10%0.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)176.51
(-) Cash Dividends Paid (M)22.14
(=) Cash Retained (M)154.37
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)35.3022.0613.24
Cash Retained (M)154.37154.37154.37
(-) Cash Required (M)-35.30-22.06-13.24
(=) Excess Retained (M)119.07132.31141.14
(/) Shares Outstanding (M)32.7732.7732.77
(=) Excess Retained per Share3.634.044.31
LTM Dividend per Share0.680.680.68
(+) Excess Retained per Share3.634.044.31
(=) Adjusted Dividend4.314.714.98
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-1.07%-0.07%0.93%
Fair Value$41.94$51.39$61.59
Upside / Downside95.53%139.59%187.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)176.51176.39176.28176.16176.05175.93181.21
Payout Ratio12.54%28.03%43.52%59.02%74.51%90.00%92.50%
Projected Dividends (M)22.1449.4576.72103.96131.17158.34167.62

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-1.07%-0.07%0.93%
Year 1 PV (M)44.8745.3345.78
Year 2 PV (M)63.1864.4665.76
Year 3 PV (M)77.6880.0682.49
Year 4 PV (M)88.9492.5996.35
Year 5 PV (M)97.42102.45107.68
PV of Terminal Value (M)1,691.251,778.471,869.25
Equity Value (M)2,063.352,163.362,267.31
Shares Outstanding (M)32.7732.7732.77
Fair Value$62.96$66.01$69.18
Upside / Downside193.52%207.74%222.53%

High-Yield Dividend Screener

« Prev Page 22 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0K58.LNOV Inc.1.29%$0.2015.83%
CONConcentra Group Holdings Parent, Inc.1.29%$0.2520.88%
CSGSCSG Systems International, Inc.1.28%$0.9832.90%
CSLCarlisle Companies Incorporated1.28%$4.2023.23%
JKHYJack Henry & Associates, Inc.1.28%$2.2934.69%
MSAMSA Safety Incorporated1.28%$2.0829.19%
PAHCPhibro Animal Health Corporation1.28%$0.4828.68%
WMGWarner Music Group Corp.1.28%$0.3961.67%
0K4C.LNRG Energy, Inc.1.27%$2.1028.38%
DCIDonaldson Company, Inc.1.27%$1.1435.14%
TEXTerex Corporation1.27%$0.7029.49%
BCCBoise Cascade Company1.26%$0.9318.09%
BCMLBayCom Corp1.25%$0.3616.94%
MSCIMSCI Inc.1.25%$7.0744.68%
PRMWPrimo Water Corporation1.25%$0.3561.28%
ESIElement Solutions Inc1.24%$0.3232.50%
LECOLincoln Electric Holdings, Inc.1.23%$3.0031.76%
MCRIMonarch Casino & Resort, Inc.1.23%$1.1826.69%
PBI-PBPitney Bowes Inc. NT 431.23%$0.2561.37%
RJFRaymond James Financial, Inc.1.23%$2.0119.48%
WFRDWeatherford International plc1.23%$1.0017.78%
AMPAmeriprise Financial, Inc.1.22%$6.0416.30%
BRCBrady Corporation1.22%$0.9623.25%
GCBCGreene County Bancorp, Inc.1.21%$0.2613.26%
RICKRCI Hospitality Holdings, Inc.1.21%$0.2815.00%
ABCAmerisourceBergen Corporation1.20%$2.2528.12%
EQBKEquity Bancshares, Inc.1.20%$0.5458.24%
HMNFHMN Financial, Inc.1.20%$0.3428.27%
IBPInstalled Building Products, Inc.1.20%$3.2234.18%
CHHChoice Hotels International, Inc.1.19%$1.1513.93%
EQCEquity Commonwealth1.19%$0.028.60%
FLSFlowserve Corporation1.19%$0.8424.35%
ICEIntercontinental Exchange, Inc.1.19%$1.9033.71%
LNNLindsay Corporation1.19%$1.4421.27%
INGMIngram Micro Holding Corporation1.18%$0.2520.42%
RBARB Global, Inc.1.18%$1.2252.13%
SEICSEI Investments Company1.18%$0.9817.66%
HEESH&E Equipment Services, Inc.1.17%$1.1144.29%
WSFSWSFS Financial Corporation1.17%$0.6413.17%
ASTEAstec Industries, Inc.1.16%$0.5224.84%
GFGDThe Growth for Good Acquisition Corporation1.16%$0.1242.35%
HUBGHub Group, Inc.1.16%$0.5028.58%
NWSNews Corporation1.16%$0.3516.79%
FCXFreeport-McMoRan Inc.1.15%$0.6041.87%
GFFGriffon Corporation1.15%$0.8677.66%
LHLabcorp Holdings Inc.1.15%$2.8928.24%
YAFIXAMG Funds - AMG Yacktman Focused Fund1.15%$0.2227.84%
0L1G.LSS&C Technologies Holdings, Inc.1.14%$0.9929.41%
0M29.LXylem Inc.1.14%$1.5640.08%
DHID.R. Horton, Inc.1.14%$1.6613.80%