Customers Bancorp Announces Leadership Transition with New CFO

The latest announcement is out from Customers Bancorp ( (CUBI) ).

On May 28, 2025, Customers Bancorp, Inc. announced a leadership transition with Philip Watkins moving to a new role as Executive Vice President, Head of Corporate Development and Investor Relations, effective around August 15, 2025. Mark McCollom, with over 35 years of experience in finance and strategy, will take over as Executive Vice President, Chief Financial Officer of the company. The transition is part of the company’s strategic initiatives to bolster long-term growth, and McCollom’s appointment is expected to enhance the company’s financial leadership and operational strategy.

The most recent analyst rating on (CUBI) stock is a Hold with a $57.00 price target. To see the full list of analyst forecasts on Customers Bancorp stock, see the CUBI Stock Forecast page.

Spark’s Take on CUBI Stock

According to Spark, TipRanks’ AI Analyst, CUBI is a Outperform.

Customers Bancorp demonstrates strong financial health with significant revenue growth and a solid balance sheet. Despite challenges in profitability metrics, the company is well-positioned for future growth as indicated by the positive earnings call. Technical analysis presents near-term challenges with bearish signals. Overall, the stock’s reasonable valuation and strong earnings outlook make it attractive, albeit with some caution due to market volatility.

To see Spark’s full report on CUBI stock, click here.

More about Customers Bancorp

Customers Bancorp, Inc. operates in the financial services industry, providing banking products and services. The company focuses on strategic initiatives to support long-term growth and has a wholly owned subsidiary, Customers Bank.

Average Trading Volume: 279,906

Technical Sentiment Signal: Buy

Current Market Cap: $1.61B

See more insights into CUBI stock on TipRanks’ Stock Analysis page.