Customers Bancorp, Inc.

AI-generated fair value estimate for this company.

Method: Justified price-to-book (residual income) model: book value per share of $65.09 (derived from $75.50 price / 1.16 P/B); return on equity of 14.32%; 11% cost of equity; 4% long-run growth; implied P/B multiple of 1.47x applied to book value per share.

Reasoning: Customers Bancorp is a bank where free cash flow is not a meaningful valuation metric because of deposit/loan balance sheet dynamics, so a justified price-to-book model based on sustainable ROE relative to the cost of equity is the standard and more rigorous approach for a bank.