For the quarter ended June 2023, Customers Bancorp (CUBI) reported revenue of $181.27 million, up 2.1% over the same period last year. EPS came in at $1.65, compared to $1.77 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $169.7 million, representing a surprise of +6.82%. The company delivered an EPS surprise of +16.20%, with the consensus EPS estimate being $1.42.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Customers Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Efficiency Ratio: 49.25% compared to the 47.83% average estimate based on three analysts.

• Average Interest-Earning Assets: $20.80 billion compared to the $20.37 billion average estimate based on three analysts.

• Net Interest Margin: 3.15% versus 2.94% estimated by three analysts on average.

• Total Non-Interest Income: $16 million compared to the $18.06 million average estimate based on three analysts.

• Net Interest Income: $165.27 million compared to the $148.74 million average estimate based on three analysts.

• Bank-owned life insurance: $5 million compared to the $2.61 million average estimate based on three analysts.

• Mortgage warehouse transactional fees: $1.38 million versus $1.08 million estimated by two analysts on average.

• Commercial lease income: $8.92 million compared to the $9.15 million average estimate based on two analysts.

• Net interest income tax equivalent: $165.66 million compared to the $151.65 million average estimate based on two analysts.

View all Key Company Metrics for Customers Bancorp here>>>

Shares of Customers Bancorp have returned +36.1% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Customers Bancorp, Inc (CUBI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research