Customers Bancorp Listed in Kiplinger’s 6 Best Financial Stocks to Buy in 2021
WEST READING, Pa.--(Business Wire)--Customers Bancorp (NYSE:CUBI) was recently identified as one of the “best financial stocks to buy” in 2021 by Kiplinger. The publication looked at the financial sector, one of the hardest-hit segments of the market, to identify the most promising investment opportunities following the Federal Reserve’s move to give big banks the approval to resume share buybacks in the first quarter of 2021, after a six-month ban.
While most Wall Street analysts and investors have focused on the divestiture of BankMobile and the formation of a new company BM Technologies Inc., which will trade on the New York Stock Exchange under the symbol BMTX, Maxim Group’s Michael Diana focused on the potential upside for Customers Bancorp.